Dwyer Robert J 4/A

What Happened
Robert J. Dwyer, listed as a 10% owner of Bimini Capital Management, Inc. (BMNM), made an open-market purchase of 5,500 shares on 2025-01-17 at $0.93 per share, for a total cost of $5,126. This was a straightforward purchase (transaction code P), which is generally a buy signal rather than a sale, though the amount is modest.

Key Details

• Transaction date and price: 2025-01-17 — 5,500 shares at $0.93 each.
• Total value: $5,126.
• Shares owned after transaction: not disclosed in this Form 4.
• Filing type: Amended Form 4 — corrected the transaction date (original filing incorrectly listed January 17, 2024).
• Transaction code: P (purchase).
• Timeliness: amended to correct date; the amendment does not by itself indicate late trading but corrects earlier reporting error.

Context

• As a 10% owner, Dwyer is a significant shareholder but not necessarily a company executive; such purchases indicate a personal acquisition of stock but should be weighed against the small dollar amount ($5.1k) here.
• No options, gifts, or tax-withholding items are involved — this was a simple open-market buy.
• Retail investors should view this as factual disclosure of ownership change; it does not by itself prove a change in company fundamentals.