BioVie (BIVI) CMO Joseph Palumbo Buys 4,843 Shares

What Happened

• Joseph M. Palumbo, Chief Medical Officer of BioVie Inc. (BIVI), purchased 4,843 shares of BioVie common stock on August 28, 2026. The reported purchase price was $2.16 per share, for a total transaction value of $10,461. This was an open-market purchase (transaction code P), a buy signal rather than a sale.

Key Details

• Transaction date: 2026-08-28
• Price: $2.16 per share
• Shares acquired: 4,843; Total cost: $10,461
• Shares owned after transaction: Not specified in the provided filing details
• Footnote: The shares were bought in several open-market trades, all reported at the same price; the reported per-share price does not reflect a weighted average (Footnote F1).
• Filing timeliness: Reported on the same date as the transaction (filed 2026-08-28), indicating a timely Form 4 filing.

Context

• This was a straightforward open-market purchase by an executive; purchases can be more informative than sales but do not by themselves prove future company performance. No options, awards, gifts, or tax-withholding events were reported in this transaction.