DeRosa Thomas Joseph 4
Research Summary
AI-generated summary
AppTech Payments (APCX) CEO Thomas DeRosa Buys 20,000 Shares
What Happened
- Thomas DeRosa, CEO of AppTech Payments Corp. (APCX), acquired 20,000 shares in an open-market purchase on February 26, 2026. The filing reports a weighted average price of $0.34 per share, for a total purchase value of approximately $6,754. This was a purchase (insider buy), which some investors view as a modest bullish signal.
Key Details
- Transaction date: 2026-02-26; Form 4 filed: 2026-02-27 (timely filing).
- Transaction type/code: Open market purchase (P).
- Shares bought: 20,000 at a reported weighted average price of $0.34; total ≈ $6,754.
- Price range: Footnote states individual trades ranged from $0.33625 to $0.33820; the reported $0.34 is a weighted average.
- Shares owned after transaction: Not specified in the provided filing details.
- Footnote: Reporting person offered to provide the breakdown of number of shares at each price within the stated range upon request to the company, any security holder, or the SEC staff.
Context
- This was a straightforward open-market purchase (not an option exercise, award, or gift). The dollar amount is relatively small, so while purchases can be informative, this particular buy is modest in size. No late filing or unusual conditions were indicated in the provided information.