Everforth Inc (EFOR) director boosts stake with open-market share purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Everforth Inc director Brian J. Callaghan reported an open-market purchase of common stock. Through a trust, he bought 5,121 shares of Everforth common stock at a weighted average price of $20.2695 per share, based on multiple trades between $20.09 and $20.40. After this transaction, the trust’s indirect holdings rose to 328,950 shares of common stock. Callaghan also reported a separate direct holding of 7,698 shares, which reflects his personal position outside the trust.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,121 shares ($103,800)
Net Buy
2 txns
Insider
Callaghan Brian J.
Role
null
Bought
5,121 shs ($104K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,121 | $20.2695 | $104K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 328,950 shares (Indirect, by Trust);
Common Stock — 7,698 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 5,121 shares
Weighted average price: $20.2695 per share
Indirect holdings after: 328,950 shares
+2 more
5 metrics
Shares purchased
5,121 shares
Open-market purchase of Everforth common stock
Weighted average price
$20.2695 per share
Average of trades between $20.09 and $20.40
Indirect holdings after
328,950 shares
Common stock held indirectly by trust after purchase
Direct holdings after
7,698 shares
Common stock held directly by Brian J. Callaghan
Net insider share change
5,121 shares
Net buy reported in transaction summary
Key Terms
open-market purchase, weighted average, indirect, by Trust
4 terms
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.
weighted average financial
"The $20.2695 share price is a weighted average of numerous open market trades"
A weighted average is a way of calculating an overall number when some items matter more than others by giving each item a different level of importance, or weight. Investors use weighted averages to combine figures like prices, returns or earnings so the result reflects the size or significance of each part — like grading a class where a final exam counts more than a quiz, producing a score that better represents true performance.
indirect financial
""direct_or_indirect": "I","nature_of_ownership": "by Trust""
by Trust financial
""nature_of_ownership": "by Trust""
FAQ
What insider transaction did Everforth Inc (EFOR) disclose in this Form 4?
Everforth Inc disclosed that director Brian J. Callaghan bought 5,121 common shares in an open-market transaction. The purchase was made through a trust at a weighted average price of $20.2695 per share, increasing his indirect ownership stake.
Is the Everforth Inc (EFOR) director’s purchase a direct or indirect holding?
The 5,121-share purchase is reported as an indirect holding, described as held “by Trust.” The Form 4 labels this as indirect ownership, while a separate line shows 7,698 shares held directly by Brian J. Callaghan as personal ownership.
What does the weighted average price mean in the Everforth Inc (EFOR) Form 4?
The weighted average price of $20.2695 means the 5,121 shares were bought in multiple trades between $20.09 and $20.40. The average reflects the total dollars spent divided by total shares, as explained in the Form 4 footnote.