Angel Oak Mortgage REIT (AOMR) 10% Owner Michael Fierman Buys 38,726 Shares

What Happened

• Michael Fierman, reported as a 10% owner of Angel Oak Mortgage REIT (AOMR), purchased 38,726 shares on 2026-09-25. The filing reports a weighted average price of $7.50 per share and a total reported consideration of $290,511. This was reported as a purchase (transaction code P), which is generally viewed as a direct buy of stock rather than a sale or option exercise.

Key Details

• Transaction date: 2026-09-25; Form 4 filed: 2026-09-28 (filed within the normal 2-business-day reporting window).
• Price reported: $7.50 per share (weighted average; the filing notes full per-price breakdown is available on request).
• Shares acquired: 38,726; reported total consideration: $290,511 (as listed in the filing).
• Shares owned after transaction: not explicitly stated in the excerpt provided. The filing footnote notes Falcons I, LLC holds 315,000 shares and Mr. Fierman may be deemed a beneficial owner through a chain of entities (see footnote), though he disclaims beneficial ownership except for any pecuniary interest.
• Footnotes: F1 describes the multi-entity ownership chain (Falcons I, LLC → Angel Oak Asset Management Holdings, LLC → Angel Oak Companies, LP → Angel Oak Companies, LLC) and Mr. Fierman’s 20.45% stake in AOC; F2 notes the reported price is a weighted average and detailed per-price info can be provided on request.

Context

• This was a direct purchase (P), which retail investors often view as a more informative signal than routine sales because it shows the insider acquiring shares. As a 10% owner, Fierman’s interest arises from a complex ownership structure (institutional holdings through affiliated entities); his filing disclaims direct beneficial ownership of shares held by Falcons I, LLC except to the extent of any pecuniary interest. The filing does not indicate option exercises, gifts, tax withholdings, or a 10b5-1 plan.