INTELLINETICS (INLX) Director Paul Seid Buys 1,128 Shares (Open Market)

What Happened Paul Seid, a director of INTELLINETICS, Inc. (INLX), acquired a total of 1,128 shares in three open-market/private purchases (transaction code P). The purchases were: 809 shares at $5.25 on 2026-09-14 ($4,247), 191 shares at $5.25 on 2026-09-15 ($1,003), and 128 shares at $5.10 on 2026-09-15 (~$653), for a combined outlay of roughly $5,903. These were outright purchases (a buying activity, often viewed as a more bullish signal than sales).

Key Details

• Transaction dates and prices:
  • 2026-09-14: 809 shares @ $5.25 (Acquired) — reported value listed ~$4,247
  • 2026-09-15: 191 shares @ $5.25 (Acquired) — reported value ~$1,003
  • 2026-09-15: 128 shares @ $5.10 (Acquired) — reported value ~$653
• Total shares acquired: 1,128; total reported cost: ~$5,903.
• Shares owned after transaction: Not specified in the Form 4 filing.
• Transaction code: P = Purchase (open market or private purchase).
• Filing date: 2026-09-16 for transactions on 2026-09-14 and 2026-09-15 — appears timely (Form 4 filed within the usual two-business-day window).

Context

• Small-dollar insider purchases can signal confidence but are not definitive proof of outlook; they should be considered alongside other factors (company results, insider's role, size of holdings).
• No option exercises, awards, gifts, or tax-withholding reported here—just direct purchases.
• The filing does not disclose any 10b5-1 plan or other footnotes; no late filing flag was indicated in the available data.