PRECISION OPTICS CORPORATION, INC.·4

Apr 1, 4:15 PM ET

Forkey Joseph Norman 4

Research Summary

AI-generated summary

Updated

Precision Optics (POCI) CEO Forkey Joseph Norman Buys 1,388 Shares

What Happened

  • Forkey Joseph Norman, CEO of Precision Optics Corporation, Inc. (POCI), purchased 1,388 shares on 2026-03-30 at $3.60 per share, for a total of $4,997. The Form 4 reports this as a purchase (code P).

Key Details

  • Transaction date and price: 2026-03-30, 1,388 shares @ $3.60 each; total cost $4,997.
  • Filing date: Form 4 filed with the SEC on 2026-04-01 (filed within the standard two-business-day window).
  • Shares owned after transaction: Not specified in the provided filing excerpt.
  • Footnote: F1 states the shares were purchased in an underwritten public offering at the public offering price of $3.60 per share (i.e., not an open-market buy).

Context

  • This was a direct purchase in the company’s underwritten offering rather than an open-market trade — insiders sometimes participate in offerings to maintain ownership levels when the company issues new shares.
  • The dollar amount is small ($4,997), so while purchases can be a positive signal, this specific trade is modest in size and should be weighed with other insider activity and company fundamentals.