PodcastOne (PODC) Director D. Jonathan Merriman Buys 6,700 Shares

What Happened
D. Jonathan Merriman, a director of PodcastOne, reported an open-market purchase of 6,700 shares on September 18, 2026. The shares were acquired at $2.36 per share for a total reported value of $15,812. This was a purchase (a net addition to his holdings), which some investors view as a mildly bullish signal; the amount is modest.

Key Details

• Transaction date: 2026-09-18
• Transaction type/code: Purchase (P) — open market/private purchase
• Price per share: $2.36; Total value: $15,812
• Shares owned after transaction: Not specified in the provided filing excerpt
• Filing date / timeliness: Form 4 filed 2026-09-21 for the Sept 18 transaction (appears to be within the normal 2-business-day reporting window)
• Footnotes:
  • F1: 6,700 shares are reported as held by the D. Jonathan and Odile Merriman Family Trust, over which Merriman is a co-trustee; he disclaims beneficial ownership except for any pecuniary interest.
  • F2: Some shares are held in a custodial account for his son under UTMA; Merriman is custodian and disclaims beneficial ownership except for pecuniary interest.

Context
This was a straightforward open-market purchase (no options exercised, no gifts, no immediate resale). The dollar amount is relatively small for an insider transaction, so while it indicates a purchase by a director, it is not a large-scale stake change. Footnotes indicate some of these shares are held in trust or a custodial account, which can affect how ownership is reported and interpreted.