NATHAN GILBERT E 4

What Happened

• Nathan Gilbert, a director of Alto Ingredients, made open-market purchases totaling 25,000 shares (a bullish insider buy). The filing reports purchases of 20,000 shares on 2026-05-12 at $4.61 per share ($92,200) and 5,000 shares on 2026-05-13 at $4.45 per share ($22,250), for an aggregate reported cost of $114,450.

Key Details

• Transaction dates and prices:
  • 2026-05-12: 20,000 shares purchased at $4.61 (reported weighted average)
  • 2026-05-13: 5,000 shares purchased at $4.45
• Total shares acquired: 25,000; total reported value: $114,450.
• Footnote: The $4.61 price is a weighted average; purchases occurred at prices ranging from $4.4965 to $4.775. The reporting person can provide a per-price breakdown on request (Footnote F1).
• Shares owned after transaction: Not disclosed in the information provided in this summary.
• Filing: Form 4 was filed on 2026-05-14 covering transactions on 2026-05-12 and 2026-05-13; no late filing is indicated in the supplied data.

Context

• Open-market purchases by directors are generally viewed as a direct investment in the company (informational for investors), but they do not by themselves explain motivation or future performance.
• This report reflects straightforward purchases (transaction code P); no options exercises, awards, gifts, or tax-withholding events were reported in the provided filing.