Edell Michael 4

What Happened

• Edell Michael, CEO of SenesTech, made two open-market purchases: 2,000 shares on 2026-05-14 at a reported weighted-average $1.70 (≈ $3,398) and 1,000 shares on 2026-05-15 at $1.61 (≈ $1,615). Combined, he acquired 3,000 shares for roughly $5,013. These were purchases (not sales), which investors often view as a more informative signal than routine selling.

Key Details

• Transaction dates and prices: 2026-05-14 — 2,000 shares at $1.70 (weighted average; purchases ranged $1.69–$1.705 per footnote); 2026-05-15 — 1,000 shares at $1.61.
• Total value: about $5,013 across both trades.
• Transaction type: Open-market purchases (code P).
• Shares owned after transaction: not specified in the supplied summary — see the full Form 4 for post-transaction holdings.
• Footnote: The $1.70 price is a weighted average; the filing notes the shares were bought at prices between $1.69 and $1.705 and that the reporting person can provide per-price breakdown on request (Footnote F1).
• Timeliness: The Form 4 was filed on 2026-05-18 and covers transactions on 5/14 and 5/15; the filing date is within the SEC’s two-business-day reporting window, so it appears timely.

Context

• These were straightforward open-market purchases (no option exercises, awards, or gifts). Purchases by officers can be interpreted by some investors as a sign of confidence, but they are only one data point; consult the full Form 4 and company disclosures for complete context.