Director/PDMR Shareholding
Rhea-AI Summary
Octave (Nasdaq: OCTV) reported transactions by senior management under EU Market Abuse Regulation Article 19. On 5 June 2026, CEO and board member Mattias Stenberg acquired 100,000 class B shares at $18.5396, COO Michael Scott Moore acquired 85,000 shares at $18.6066, and VP Global Finance and Operations Douglas Scott Roark Jr acquired 8,500 shares at an average $19.39588. Octave shares trade on Nasdaq under ticker OCTV, ISIN IE0003YHD8K8.
AI-generated analysis. Not financial advice.
Positive
- CEO Mattias Stenberg purchased 100,000 OCTV class B shares at $18.5396 on 5 June 2026
- COO Michael Scott Moore purchased 85,000 OCTV class B shares at $18.6066 on 5 June 2026
- VP Global Finance and Operations Douglas Scott Roark Jr bought 8,500 OCTV shares at $19.39588 average price
Negative
- None.
Key Figures
Market Reality Check
Peers on Argus
No peers with momentum flags or same-day headlines are listed. The -9.83% move in OCTV appears stock-specific rather than part of a broader software-sector swing.
Historical Context
| Date | Event | Sentiment | Move | Catalyst |
|---|---|---|---|---|
| Jun 04 | Quarterly 10-Q filing | Neutral | +1.2% | Filed Form 10-Q for quarter ended March 31, 2026. |
| Jun 03 | AI survey release | Neutral | -21.4% | Released 2026 Pulse of Quality in Manufacturing AI survey. |
| Jun 03 | Prior PDMR shareholding | Positive | -21.4% | Reported multiple PDMR transactions tied to Hexagon share distribution. |
Recent news, including surveys and insider-related disclosures, has often been followed by sharp negative moves, suggesting a tendency for the stock to sell off on neutral-to-positive headlines.
Over the past week, Octave filed a Form 10-Q for the quarter ended March 31, 2026, with shares rising about 1.17% afterward. Earlier, an AI-focused manufacturing quality survey and a prior Director/PDMR shareholding notice on June 3, 2026 coincided with steep moves of about -21.39%. Today’s additional PDMR acquisitions continue the post–spin-off pattern of governance and ownership transparency following Octave’s separation from Hexagon.
Market Pulse Summary
This announcement details multiple acquisitions of Octave class B ordinary shares by senior executives on June 5, 2026, with prices ranging from $18.5396 to $19.50 and an aggregated VP purchase of 8,500 shares. It follows recent disclosures tied to Octave’s spin-off and 10-Q filing. Investors may track future governance and ownership filings and compare transaction prices with subsequent trading levels for additional context.
Key Terms
persons discharging managerial responsibilities regulatory
market abuse regulation regulatory
lei financial
isin financial
nasdaq stock market financial
AI-generated analysis. Not financial advice.
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Mattias Stenberg | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | CEO / Board Member | |||
| b) | Initial Notification Amendment | Initial Notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Octave Intelligence plc (“Octave”) | |||
| b) | LEI | 254900BNJKBGSU9LON27 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Octave class B ordinary shares (“Octave Shares”) with ISIN code IE0003YHD8K8. | |||
| b) | Nature of the transaction | Acquisition of Octave Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| | 100,000 | ||||
| d) | Aggregated information — Aggregated volume — Price | N/A | |||
| e) | Date of the transaction | 2026-06-05 | |||
| f) | Place of the transaction | Nasdaq Stock Market in New York | |||
| g) | Additional Information | Octave Shares are listed on the Nasdaq Stock Market in New York under the ticker symbol "OCTV" with the ISIN code IE0003YHD8K8. | |||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Michael Scott Moore | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Chief Operating Officer | |||
| b) | Initial Notification Amendment | Initial Notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Octave Intelligence plc (“Octave”) | |||
| b) | LEI | 254900BNJKBGSU9LON27 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Octave class B ordinary shares (“Octave Shares”) with ISIN code IE0003YHD8K8. | |||
| b) | Nature of the transaction | Acquisition of Octave Shares. | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 85,000 | |||||
| d) | Aggregated information — Aggregated volume — Price | N/A | |||
| e) | Date of the transaction | 2026-06-05 | |||
| f) | Place of the transaction | Nasdaq Stock Market in New York | |||
| g) | Additional Information | Octave Shares are listed on the Nasdaq Stock Market in New York under the ticker symbol "OCTV" with the ISIN code IE0003YHD8K8. | |||
Notification of Transactions by Persons Discharging Managerial Responsibilities and Persons Closely Associated with them
[This form is required for disclosure of transactions under Article 19 of Regulation (EU) No 596/2014 of the European Parliament and of the Council of 16 April 2014 on market abuse (Market Abuse Regulation)]
| 1 | Details of the person discharging managerial responsibilities/person closely associated | ||||
| a) | Name | Douglas Scott Roark Jr | |||
| 2 | Reason for the notification | ||||
| a) | Position/status | Vice President Global Finance and Operations | |||
| b) | Initial Notification Amendment | Initial Notification | |||
| 3 | Details of the issuer, emission allowance market participant, auction platform, auctioneer or auction monitor | ||||
| a) | Name | Octave Intelligence plc (“Octave”) | |||
| b) | LEI | 254900BNJKBGSU9LON27 | |||
| 4 | Details of the transaction(s): section to be repeated for (i) each type of instrument; (ii) each type of transaction; (iii) each date; and (iv) each place where transactions have been conducted | ||||
| a) | Description of the financial instrument, type of instrument Identification code | Octave class B ordinary shares (“Octave Shares”) with ISIN code IE0003YHD8K8. | |||
| b) | Nature of the transaction | Acquisition of Octave Shares | |||
| c) | Price(s) and volume(s) | ||||
| Price(s) | Volume(s) | ||||
| 1,000 | |||||
| 7,500 | |||||
| d) | Aggregated information — Aggregated volume — Price | Aggregated volume: 8,500 Octave Shares Average price: | |||
| e) | Date of the transaction | 2026-06-05 | |||
| f) | Place of the transaction | Nasdaq Stock Market in New York | |||
| g) | Additional Information | Octave Shares are listed on the Nasdaq Stock Market in New York under the ticker symbol "OCTV" with the ISIN code IE0003YHD8K8. | |||
