Cooney Kent H 4

What Happened

• Kent H. Cooney, a director of Chicago Rivet & Machine Co. (CVR), made an open-market purchase of 900 shares on May 19, 2026.
• The shares were bought at $9.85 per share for a total transaction value of $8,865. This was a straight purchase (transaction code P), which is generally viewed as a direct insider buy.

Key Details

• Transaction date and price: 2026-05-19 at $9.85 per share (open-market purchase).
• Total shares purchased: 900; total value: $8,865.
• Shares owned after transaction: Not disclosed in the provided filing summary.
• Filing date: Form 4 filed on 2026-05-21 — appears to be timely (within the usual two-business-day reporting window).
• No footnotes in the provided data indicating a 10b5-1 plan, gift, tax withholding, or option exercise.

Context

• Insider purchases are often considered more informative than sales because they represent personal capital at risk; however, this is a relatively small dollar amount, so interpret accordingly.
• Cooney is a company director (not identified here as a 10% owner or officer). This open-market buy does not, by itself, explain motivation—only that the director acquired shares.