Research Summary
AI-generated summary of this SEC filing
BioCardia (BCDA) CEO Peter Altman Buys 500 Shares
What Happened
Peter Altman, President, Chief Executive Officer and a director of BioCardia, purchased 500 shares of BCDA on 2026-07-17 at $0.83 per share, for a total reported outlay of $415. The transaction is reported on a Form 4 and coded as a purchase (P), indicating an acquisition rather than a sale.
Key Details
- Transaction date: 2026-07-17; Filing date (Form 4): 2026-07-20. Filing appears timely.
- Price and amount: 500 shares at $0.83/share; total value $415.
- Transaction type: Purchase (Form 4 code P) — listed as open-market or private purchase on the filing.
- Shares owned after transaction: Not specified in the reported data.
- Footnotes/plans: No 10b5-1 plan, tax-withholding, or other special footnotes indicated in the filing.
Context
- Small purchases like this ($415) are factual insider buys but are modest in size and may not indicate a material change in insider conviction. Purchases are generally more informative than sales, but motivation is not disclosed.
- The filing shows a straightforward purchase; there are no derivatives, exercises, gifts, or cashless transactions involved.