Goodman Anthony Brian 4
Research Summary
AI-generated summary
Meridian (MRDN) 10% Owner Anthony Goodman Sells Shares
What Happened
Anthony (Brian) Goodman, a reported 10% owner of Meridian Holdings Inc. (MRDN), disposed of a total of 7,506 shares in multiple open-market sales between March 11 and March 16, 2026. The filing itemizes the trades as: 1,000 shares on 2026-03-11 at $9.04 ($9,040); 1,002 shares on 2026-03-12 at $9.28 ($9,299); 1,908 shares on 2026-03-13 at $9.05 ($17,267); and 3,596 shares on 2026-03-16 at $9.87 ($35,493). Aggregate proceeds reported ≈ $71,099. These were sales (S) — not purchases or option exercises.
Key Details
- Transaction dates and reported prices:
- 2026-03-11: 1,000 sh @ $9.04 (proceeds $9,040)
- 2026-03-12: 1,002 sh @ $9.28 (proceeds $9,299)
- 2026-03-13: 1,908 sh @ $9.05 (proceeds $17,267)
- 2026-03-16: 3,596 sh @ $9.87 (proceeds $35,493)
- Footnotes indicate the shares were sold in multiple transactions at price ranges:
- F1: some sales in $9.19–$9.59 range
- F3: some sales in $9.00–$9.30 range
- F4: some sales in $9.52–$10.30 range
- F2: shares were held by Luxor Capital LLC, which is wholly owned by Mr. Goodman
- Shares owned after the transactions: not reported in the provided Form 4 details.
- Filing timing: the Form 4 was filed 2026-03-18 covering trades from 2026-03-11 to 2026-03-16. Form 4s are normally due within two business days of a transaction, so the filing date is later than the earliest trade and may be considered late for some trades.
- No 10b5-1 plan, tax-withholding, option exercise, or gift was disclosed in the provided details.
Context
These sales were by a 10% beneficial owner via an entity (Luxor Capital LLC) rather than a routine executive stock sale; filings by large beneficial owners can reflect portfolio management rather than company-specific views. Sales do not necessarily indicate negative insider sentiment — the Form 4 is a factual record of disposals, not an explanation of motive.