Batista Costa Jose Antonio 4
Research Summary
AI-generated summary
PicS (PICS) Director Batista Costa Buys 21,833 Shares
What Happened
- Director Batista Costa Jose Antonio acquired 21,833 PicS N.V. (PICS) shares in open-market purchases on June 5, 2026. The reported weighted-average price was $9.16 per share for a total of $199,990. This transaction is a purchase (insider acquisition).
Key Details
- Transaction date: 2026-06-05; Form 4 filed: 2026-06-08 (filed within the required reporting window).
- Transaction code: P (purchase); reported weighted-average price: $9.16; price range across multiple trades: $9.00–$9.35 (see footnote).
- Shares owned after the transaction: not specified in this filing.
- Footnote F1: price is a weighted average; the filer can provide per-trade breakdown on request.
- Footnote F2: the securities shown are held directly by Stichting JAB (a Dutch foundation); the reporting person is a beneficiary and disclaims beneficial ownership except for any pecuniary interest.
- Regulatory note: as a foreign private issuer, PicS’s insiders are exempt from Sections 16(b) and 16(c) of the Exchange Act (per the filing remark).
Context
- This was an open-market purchase (not an option exercise, gift, or award). The filing does not state the insider’s motivation. Purchases are commonly watched by investors as a potentially positive signal, but no inference about intent should be made from this report alone.