Kaplan Jordan L 4
Research Summary
AI-generated summary
Douglas Emmett (DEI) CEO Jordan L. Kaplan Buys 98,000 Shares
What Happened
Jordan L. Kaplan, Chairman and CEO (also a Director) of Douglas Emmett Inc. (DEI), purchased 98,000 shares on 2026-02-13. The Form 4 reports a weighted average price of $10.18 per share for a total cost of approximately $997,640. The filing indicates these purchases were made as open-market/private purchases (code P), which is a buy and is often viewed as a bullish signal by investors.
Key Details
- Transaction date: 2026-02-13
- Transaction type/code: Open-market/private purchase (Code P)
- Shares acquired: 98,000
- Price: weighted average $10.18; per-footnote range $9.96 to $10.25 (multiple trades)
- Total value: ~ $997,640
- Shares owned after transaction: not disclosed in the provided filing
- Footnote: F1 says the $10.18 is a weighted average and the Reporter can provide a breakdown of the number of shares bought at each price within the $9.96–$10.25 range upon request
- Timeliness: Filing dated 2026-02-18 for a 2026-02-13 trade — appears to be filed late (more than two business days after the transaction)
Context
This was a direct purchase by the company's CEO rather than an option exercise or award. No 10b5-1 plan or other arrangement is disclosed in the provided filing. Purchases by senior executives can be informative to retail investors, but they do not guarantee future stock performance; the filing’s footnote allows investors or regulators to request a price-by-price breakdown of the multiple trades.