Breidbart Scott 4
Research Summary
AI-generated summary
Aclarion (ACON) Director Scott Breidbart Buys 5,664 Shares
What Happened
Scott Breidbart, a director of Aclarion, Inc. (ACON), purchased 5,664 shares of Aclarion common stock on May 12, 2026 at $3.18 per share, for a total consideration of $18,012. This was an open-market purchase (transaction code P), which is a direct buy of company stock rather than a sale or option exercise.
Key Details
- Transaction date: 2026-05-12
- Price per share: $3.18
- Shares acquired: 5,664
- Total value: $18,012
- Transaction type: Open-market purchase (code P); footnote F1 confirms the shares were bought on the public market.
- Filing date: 2026-05-12 (filed same day as the reported transaction) — no lateness noted.
- Shares owned after transaction: not specified in the Form 4 filing.
Context
Open-market purchases by insiders are often viewed by investors as a routine way for insiders to increase their stake; they do not prove motives or future performance. This filing reports a straightforward purchase by a non-executive director (not a 10% owner or option exercise), so it’s a simple cash buy rather than a grant, gift, or derivative transaction.