Kenan Frank H. II 4
4 · BOSTON OMAHA Corp · Filed Jun 1, 2026
Research Summary
AI-generated summary of this filing
Boston Omaha (BOC) Director Frank H. Kenan II Buys 50,752 Shares
What Happened
- Frank H. Kenan II, a director of Boston Omaha Corp. (BOC), made open‑market purchases (code P) totaling 50,752 shares across three trading days. Purchases were: 34,719 shares on May 28, 2026 ($464,183), 10,000 shares on May 29, 2026 ($129,302), and 6,033 shares on June 1, 2026 (~$77,765). Aggregate spend across these buys was about $671,250. These are purchases (a bullish signal in that cash was spent to acquire stock), not sales.
Key Details
- Transaction dates & prices:
- May 28, 2026 — 34,719 shares, average ~$13.36975273; individual trades ranged $13.13–$13.425007225. (Footnote F1)
- May 29, 2026 — 10,000 shares, average ~$12.930202; individual trades ranged $12.89–$12.992454128. (Footnote F2)
- June 1, 2026 — 6,033 shares, two trades at $12.89 each. (Footnote F3)
- Total purchased: 50,752 shares for ~$671,250.
- Ownership reporting: Shares were reported as owned by KD Capital, L.P., for which Mr. Kenan is the manager and through KD Capital Management, LLC he may be deemed to have indirect beneficial ownership (F1–F3). Additional reported holdings include shares in Mr. Kenan’s individual IRAs (F4) and a trust where he is trustee and beneficiary (F5).
- Shares owned after these transactions: not specified in the filing.
- Filing timeliness: Form 4 was filed June 1, 2026; the filing covers trades from May 28–June 1 and the report appears timely under the two-business-day Form 4 rule.
Context
- These were straightforward open‑market purchases (no option exercises, awards, or gifts). The shares were acquired directly by KD Capital, L.P. (indirect beneficial ownership by Mr. Kenan is disclosed). Purchases by insiders can signal confidence but do not guarantee future company performance.
Insider Transaction Report
Form 4
Kenan Frank H. II
Director
Transactions
- Purchase
Class A common stock, par value $0.001 per share
[F1]2026-05-28$13.37/sh+34,719$464,183→ 299,958 total(indirect: See footnote) - Purchase
Class A common stock, par value $0.001 per share
[F2]2026-05-29$12.93/sh+10,000$129,302→ 309,958 total(indirect: See footnote) - Purchase
Class A common stock, par value $0.001 per share
[F3]2026-06-01$12.89/sh+6,033$77,765→ 315,991 total(indirect: See footnote)
Holdings
- 9,644
Class A common stock, par value $0.001 per share
- 4,452(indirect: See footnote)
Class A common stock, par value $0.001 per share
[F4] - 111,390(indirect: See footnote)
Class A common stock, par value $0.001 per share
[F5]
Footnotes (5)
- [F1]The reported shares are directly owned by KD Capital, L.P. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein. The shares purchased on May 28, 2026 were purchased in multiple transactions at an average price of $13.369752729 per share and at individual transaction prices ranging from $13.13 to $13.425007225 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- [F2]The reported shares are directly owned by KD Capital, L.P. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein. The shares purchased on May 29, 2026 were purchased in multiple transactions at an average price of $12.930202 per share and at individual transaction prices ranging from $12.89 to $12.992454128 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- [F3]The reported shares are directly owned by KD Capital, L.P. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein. The shares purchased on June 1, 2026 were purchased in two transactions, each at the price of $12.89 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- [F4]The reported shares are owned in individual retirement accounts for the benefit of Mr. Kenan.
- [F5]The reported shares are directly owned by a trust under which Frank H. Kenan II is both the trustee and a beneficiary. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein.
Signature
/s/ Frank H. Kenan, II|2026-06-01