PodcastOne (PODC) Director Merriman Buys 7,000 Shares

What Happened
D. Jonathan Merriman, a director of PodcastOne, purchased 7,000 shares in an open-market transaction on 2026-09-30 at $2.21 per share, for a total cost of $15,470. This was a straight purchase (transaction code P), which investors often view as a more informative signal than routine sales.

Key Details

• Transaction date and price: 2026-09-30 — 7,000 shares @ $2.21 each.
• Total value: $15,470.
• Transaction type: Open market purchase (Code P).
• Shares owned after transaction: Not specified in the provided filing excerpt.
• Filing timeliness: Report filed 2026-10-01 for a 2026-09-30 trade — appears to be filed timely under Form 4 rules.
• Footnotes of note:
  • F1: Some shares are held by the 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 his son under the Uniform Transfers to Minors Act; Merriman is custodian and disclaims beneficial ownership except for any pecuniary interest.

Context
This was a direct open-market purchase (not an option exercise, award, or gift). Trust and custodial disclosures indicate some holdings tied to family-trust or minor-account structures rather than direct personal holdings; those shares may be subject to shared/control disclaimers in the filing.