Research Summary
AI-generated summary of this SEC filing
Venu (VENU) CEO Jay W. Roth Buys 49 Shares
What Happened
Jay W. Roth, CEO, Chairman and a director of Venu Holding Corp (VENU), made an open-market purchase of 49 shares of Venu common stock on September 4, 2026 at $1.88 per share, for a total cost of $92. This was a straight purchase (code P), which is generally viewed as a straightforward buy rather than a sale or derivative transaction.
Key Details
- Transaction date and price: 2026-09-04 — 49 shares at $1.88 each.
- Total value: $92.
- Filing date: Form 4 filed 2026-09-09 (five days after the reported transaction). Form 4s are normally due within two business days, so this appears later than typical.
- Shares owned after transaction: Not specified in the filing.
- Footnotes: The filing notes that certain shares are held by two trusts — the JWR Living Trust (F1) and the KMR Living Trust (F2). Mr. Roth is a trustee of both trusts and is therefore deemed to have indirect beneficial ownership of the shares held by those trusts.
Context
This was a very small open-market purchase (around $92) and likely routine. Purchases can be a clearer signal of an insider increasing exposure than sales, but given the small size here, it’s more likely a minor personal investment or rounding of holdings rather than a major statement about company prospects. No options exercises, gifts, or withholding events were reported in this filing.