BayCom (BCML) Director Michael J. Perdue Buys 5,000 Shares
$BCML · BayCom CorpResearch Summary
AI-generated summary of this SEC filing
BayCom (BCML) Director Michael J. Perdue Buys 5,000 Shares
What Happened
Michael J. Perdue, a director of BayCom Corp (BCML), reported an open-market purchase of 5,000 common shares on July 31, 2026. The reported weighted-average price was $30.17 per share, for a total transaction value of $150,850. This was a direct purchase (transaction code P), which is generally viewed as a more informative (potentially bullish) insider action than routine sales.
Key Details
- Transaction date: 2026-07-31 (reported on Form 4 filed 2026-08-03). Filing appears timely (filed within the SEC’s two-business-day window).
- Price: weighted average $30.17; purchases occurred at prices ranging from $30.01 to $30.33 (see footnote).
- Shares acquired: 5,000; total reported value: $150,850.
- Shares owned after the transaction: not specified in the information provided.
- Transaction code: P = Purchase.
- Footnote: the reported price is a weighted average; the reporting person will provide details of the number of shares bought at each price within the stated range upon request.
Context
This is an outright open-market purchase by a company director (not a derivatives transaction or gift). Purchases by insiders can attract attention from retail investors as a potential signal of confidence, but they are only one piece of information and do not, by themselves, prove future company performance.