Sound Point Meridian (SPMC) Director Forstenhausler Sells and Buys Shares

What Happened

• Matthew E. Forstenhausler, a director of Sound Point Meridian Capital, Inc. (SPMC), completed both sales and purchases of the company's common stock on August 26–27, 2026. He sold 2,427.024 shares at a weighted-average price of $9.20 for proceeds of $22,333, and acquired 1,600 shares at $9.21 ($14,728) on August 26 and 2,400 shares at $9.29 ($22,284) on August 27. Overall this results in a net purchase of 1,572.976 shares and a net cash outflow of about $14,679 — purchases are typically a more informative (bullish) signal than routine sales, though no motive is stated.

Key Details

• Transaction dates and prices:
  • 2026-08-26 Sale: 2,427.024 shares @ $9.20 (proceeds $22,333) — code S.
  • 2026-08-26 Purchase: 1,600 shares @ $9.21 (cost $14,728) — code P.
  • 2026-08-27 Purchase: 2,400 shares @ $9.29 (cost $22,284) — code P.
• Net effect: +1,572.976 shares acquired; net cash outflow ≈ $14,679.
• Shares owned after the transactions: not specified in the provided Form 4 excerpt.
• Footnotes: Each reported price is a weighted-average price (F1–F3). The reporting person offers to provide, upon request, detailed breakdowns of the number of shares sold/bought at each separate price within the reported ranges.
• Timeliness: Filing date was 2026-08-28 for transactions on 2026-08-26; the filing is marked late (L).

Context

• This filing reflects open-market trades (sales and purchases) by a company director — purchases can be interpreted by investors as a stronger signal than sales, but the Form 4 does not state intent. No options, awards, gifts, or tax-withholding events are reported in this excerpt.