FLANIGAN JAMES II 4

What Happened
James Flanigan II, CEO of Flanigan's Enterprises (ticker: BDL), made multiple open‑market purchases (transaction code P) totaling 2,000 shares between May 15 and May 19, 2026. Trades: 25 shares @ $30.00 (May 15 = $750); 975 shares @ $32.00 (May 18 = $31,200); 924 shares @ $31.50 (May 18 = $29,106); and 76 shares @ $31.46 (May 19 = $2,391). Total value of the purchases was $63,447 (average price ≈ $31.72 per share). These are purchases (not sales or option exercises).

Key Details

• Transaction dates & prices: May 15 (25 @ $30.00), May 18 (975 @ $32.00; 924 @ $31.50), May 19 (76 @ $31.46). All coded as P = Purchase (open market).
• Total bought: 2,000 shares for $63,447 (avg ≈ $31.72/share).
• Shares owned after transaction (per filing footnote F1): 893,666 beneficially owned, broken down as 741,796 shares held by an LLC he manages; 138,694 held by a trust he is trustee of; 400 held as custodian for his children; and 12,776 held by his spouse.
• Filing date: 2026-05-22; transactions cover May 15–19, 2026. The provided summary does not show a late‑report flag.
• No derivative exercises, grants, gifts, or tax‑withholding transactions were reported in these entries.

Context
These were straightforward open‑market purchases (code P). Purchases by executives are often watched by investors as one data point of insider confidence, but they do not guarantee future company performance. This filing reports buy activity only—there are no option exercises or immediate resale (cashless) transactions noted.