4Filed Aug 17, 8:00 PM ET

Mount Logan (MLCI) CFO Brandon Satoren Buys 2,000 Shares

$MLCI · Mount Logan Capital Inc.

Research Summary

AI-generated summary of this SEC filing

Updated

Mount Logan (MLCI) CFO Brandon Satoren Buys 2,000 Shares

What Happened

  • Brandon Satoren, Chief Financial Officer of Mount Logan Capital Inc. (MLCI), acquired a total of 2,000 shares in two open-market/private purchases (transaction code P). On 2026-08-17 he purchased 1,000 shares at a reported weighted average price of $3.13 (total ~$3,130), and on 2026-08-18 he purchased 1,000 shares at a reported weighted average price of $3.02 (total ~$3,020). Combined purchase value is approximately $6,150. Purchases (code P) are purchases of stock — typically viewed as a direct acquisition rather than a sale.

Key Details

  • Transaction dates and prices:
    • 2026-08-17: 1,000 shares @ weighted avg $3.13 (total ~$3,130). Footnote F1: actual prices in range $3.05–$3.21.
    • 2026-08-18: 1,000 shares @ weighted avg $3.02 (total ~$3,020). Footnote F3: actual prices in range $3.00–$3.03.
  • Total shares bought: 2,000; approximate total cost: $6,150.
  • Ownership after the transactions: not specified in the summary data provided. Footnote F2 notes that any reported ownership figure includes unvested restricted stock units.
  • Filing: Form 4 filed 2026-08-18 (covers transactions on 8/17 and 8/18); no late filing flag noted on the provided filing.
  • Footnote action: The reporting person offers to provide the breakdown of shares bought at each price within the ranges in F1 and F3 upon request.

Context

  • These were straightforward purchases (code P) reported by an officer. Purchases are generally more informative to investors than routine sales, but filings do not state the insider’s motive. No options exercised, awards, gifts, or tax-withholding transactions are reported in this filing.