Applied Aerospace & Defense (AADX) director buys 8,000 IPO shares at $20
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Applied Aerospace & Defense, Inc. director Susan D. Lynch purchased 8,000 shares of common stock at $20.00 per share. The footnote explains these shares were bought under a directed share program in connection with the company’s initial public offering, giving her a new direct holding of 8,000 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,000 shares ($160,000)
Net Buy
1 txn
Insider
Lynch Susan D
Role
null
Bought
8,000 shs ($160K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 8,000 | $20.00 | $160K |
Holdings After Transaction:
Common Stock — 8,000 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 8,000 shares
Purchase price: $20.00 per share
Shares owned after: 8,000 shares
+1 more
4 metrics
Shares purchased
8,000 shares
Common Stock bought by director on transaction date
Purchase price
$20.00 per share
Price for AADX Common Stock in reported transaction
Shares owned after
8,000 shares
Total direct holdings following the transaction
Transaction type
Purchase (Code P)
Non-derivative open-market or private transaction
Key Terms
directed share program, initial public offering, open-market purchase, Form 4
4 terms
initial public offering financial
"under the directed share program in connection with the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
open-market purchase financial
"transaction_action": "open-market purchase"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Form 4 regulatory
"INSIDER FILING DATA (Form 4):"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did AADX director Susan D. Lynch report?
Susan D. Lynch reported buying 8,000 shares of Applied Aerospace & Defense, Inc. common stock. The shares were acquired at $20.00 each under a directed share program connected to the company’s initial public offering, giving her a direct ownership stake.
Was the AADX director’s purchase part of the IPO process?
Yes. The filing footnote states the 8,000 AADX shares were purchased under a directed share program in connection with the company’s initial public offering, indicating the director participated in a special allocation tied to the IPO.
What does transaction code P mean in the AADX Form 4?
Transaction code P on the AADX Form 4 indicates a purchase transaction. The filing further clarifies that the 8,000 shares were bought under a directed share program, rather than a routine open-market trade, as part of the initial public offering process.