AudioEye Insider Purchases on Sept 4–5 Increase TurnMark’s Stake to 220,000
Rhea-AI Filing Summary
Tahir Jamil A., a director of AudioEye, Inc. (AEYE), reported purchases of common stock on September 4 and 5, 2025 that increased his indirect holdings through TurnMark Partners L.P. to 220,000 shares. The filing shows he purchased 12,641 shares on September 4 at a weighted average price of $12.5908 and 12,359 shares on September 5 at a weighted average price of $12.7136. The report identifies the reporting person as a manager of TurnMark Capital LLC, the general partner of TurnMark Partners L.P., and indicates the holdings are indirect. The form is signed by an attorney-in-fact on behalf of the reporting person.
Positive
- Insider purchases reported: Acquisition of 12,641 shares on 09/04/2025 and 12,359 shares on 09/05/2025
- Increased beneficial ownership: Indirect holdings via TurnMark Partners L.P. rose to 220,000 shares
Negative
- None.
Insights
TL;DR: Director purchases totalling 25,000 shares raise indirect holdings to 220,000, signalling confidence from an affiliated investment vehicle.
The two-day acquisition of 12,641 shares on 09/04/2025 and 12,359 shares on 09/05/2025 at weighted prices of $12.5908 and $12.7136 respectively increased beneficial ownership reported as indirect through TurnMark Partners L.P. to 220,000 shares. For investors, insider purchases via an affiliated fund can be interpreted as alignment with shareholder value, though the purchases are aggregated through an investment vehicle rather than direct personal acquisitions. Materiality depends on AEYE's market capitalization; the filing itself reports clear transaction sizes and post-transaction holdings.
TL;DR: Reported buys are executed indirectly through a fund structure; disclosure is consistent with Section 16 requirements.
The filing discloses that the reporting person is a manager of TurnMark Capital LLC, general partner of TurnMark Partners L.P., and that the shares are held indirectly. The report includes weighted-average prices and a commitment to provide breakdowns on request, which supports compliance and transparency. Because the holdings are indirect and executed through an affiliated entity, interpretation of personal intent should be cautious; governance implications are routine given the disclosed structure.