Nakamoto (NAKA) CEO David F. Bailey Buys 36,986 Shares

What Happened David F. Bailey, CEO of Nakamoto Inc. (NAKA), made open-market purchases totaling 36,985.836 shares across two days. On 2026-08-19 he acquired 32,133.836 shares at a weighted-average price of $5.59 (reported total $179,580). On 2026-08-20 he acquired 4,852 shares at $6.27 (reported total $30,410). Combined, the purchases equal $209,990 (about $210k). These were purchases (buy signals), not sales.

Key Details

• Transaction dates and reported prices:
  • 2026-08-19: 32,133.836 shares; weighted-average price $5.59 (range per footnote: $5.38–$5.82).
  • 2026-08-20: 4,852 shares; price $6.27 (range per footnote: $6.25–$6.36).
• Total acquired: 36,985.836 shares for $209,990 (reported).
• Shares owned after transaction: Not disclosed in the excerpt provided.
• Notable footnotes:
  • F1 & F3: Prices are weighted averages; purchases occurred in multiple transactions within the stated price ranges. Full per-transaction price breakdowns are available upon request to the issuer or SEC staff.
  • F2: Reporting person disclaims beneficial ownership of securities held by spouse except to the extent of pecuniary interest.
• Filing: Form 4 filed 2026-08-21 covering transactions on Aug 19–20; appears to have been filed within the Section 16 reporting window (timely).

Context These were straightforward open-market purchases (code P) — not option exercises, gifts, or awards. Purchases by an executive are often viewed as a stronger signal than routine sales, but filings are factual disclosures and do not explain motivation.