MERRIMAN D JONATHAN 4
4 · PodcastOne, Inc. · Filed May 26, 2026
Research Summary
AI-generated summary of this filing
PodcastOne (PODC) Director Merriman Buys 7,000 Shares
What Happened
D. Jonathan Merriman, a director of PodcastOne, acquired 7,000 shares in an open-market purchase on May 22, 2026 at $4.38 per share, for a total purchase price of $30,660. This was a direct purchase (code P), i.e., the insider bought stock rather than selling or receiving an award.
Key Details
- Transaction date and price: 2026-05-22, 7,000 shares at $4.38 each (total $30,660).
- Filing date: Form 4 filed 2026-05-26 reporting the May 22 trade (appears 4 days after the transaction; may be later than the standard 2-business-day Section 16 window).
- Shares owned after transaction: Not reported in the excerpt of this filing.
- Footnotes:
- F1 — Certain shares are held by the D. Jonathan and Odile Merriman Family Trust; Merriman is a trustee with shared voting/dispositive power and disclaims beneficial ownership except for any pecuniary interest.
- F2 — Some shares are held in a custodial account for Merriman’s son under the Uniform Transfers to Minors Act; Merriman is custodian and disclaims beneficial ownership except for any pecuniary interest.
- No options exercised, awards, tax-withholding, or 10b5-1 plan were reported in this filing.
Context
Open-market purchases by insiders are often watched by investors as a potential positive signal, since they involve the insider using personal funds to buy shares. This particular purchase is modest in dollar size (~$30.7k) and should be considered alongside other filings, company fundamentals, and market conditions. The trust and custodial-account footnotes clarify that portions of holdings are held in fiduciary capacities, with Merriman disclaiming beneficial ownership except for pecuniary interest.
Insider Transaction Report
- Purchase
Common Stock, $0.00001 par value
[F1]2026-05-22$4.38/sh+7,000$30,660→ 309,732 total(indirect: See footnote)
- 5,200(indirect: See footnote)
Common Stock, $0.00001 par value
[F2] - 249,363
Common Stock, $0.00001 par value
Footnotes (2)
- [F1]Represents shares held by the D. Jonathan and Odile Merriman Family Trust (the "Trust"), as the Reporting Person, a trustee of the Trust, holds shared voting and dispositive power over such shares. The Reporting Person disclaims beneficial ownership in such shares held by the Trust, except for his pecuniary interest therein.
- [F2]Represents shares held in a custodial account for the benefit of the Reporting Person's son under the Uniform Transfers to Minors Act, as the Reporting Person, as the custodian of the custodial account, holds voting and dispositive power over such shares. The Reporting Person disclaims beneficial ownership in such shares held by the custodial account, except for his pecuniary interest therein.