biote (BTMD) Executive Chairman Marc Beer Buys 131,950 Shares
$BTMD · biote Corp.Research Summary
AI-generated summary of this SEC filing
biote (BTMD) Executive Chairman Marc Beer Buys 131,950 Shares
What Happened
Marc D. Beer, Executive Chairman and a director of biote Corp. (BTMD), made open-market purchases on Aug 10–11, 2026. He acquired 115,950 shares on Aug 10 at a reported weighted average price of $1.53 (total ≈ $177,404) and 16,000 shares on Aug 11 at a reported weighted average price of $1.55 (total = $24,800). Combined, Beer bought 131,950 shares for roughly $202,204. These were purchases (insider buying), which many investors view as a potentially positive signal, though purchases alone don’t prove future company performance.
Key Details
- Transaction dates and prices:
- 2026-08-10: 115,950 shares, weighted avg $1.53 (footnote: prices in this batch ranged $1.46–$1.55)
- 2026-08-11: 16,000 shares, weighted avg $1.55 (footnote: prices in this batch ranged $1.53–$1.60)
- Total acquired: 131,950 shares for approximately $202,204.
- Shares owned after the transaction: Not disclosed in the information provided on this filing.
- Footnotes: Each reported price is a weighted average; the filing states the reporting person can provide a breakdown of individual trade prices within the ranges on request.
- Filing timeliness: Report filed Aug 12, 2026 for trades on Aug 10–11 — appears timely under the Form 4 two-business-day filing rule.
- No 10b5-1 plan, option exercise, gift, or tax-withholding information was disclosed in this filing.
Context
These were straightforward open-market purchases (transaction code P). For retail investors, insider purchases can be noteworthy because they signal the insider is deploying personal capital into the stock, but this should be weighed with other information (company fundamentals, broader insider activity, and market conditions). The footnotes indicate multiple trades at varying prices; you can request the per-trade breakdown from the company or the SEC staff if you need more granular pricing.