BCB Bancorp (BCBP) director adds 4,400 shares via family trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BCB Bancorp Inc director Gerald Werdann reported an open-market purchase of Common Stock through the BGJ Family Trust. The trust bought 4,400 shares at $11.28 per share, increasing its indirect holdings to 12,122 shares. Separate entries show Werdann also directly holds 4,226 shares and 87 shares through an IRA, which are reported as existing holdings rather than new trades.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,400 shares ($49,632)
Net Buy
3 txns
Insider
Werdann Gerald
Role
null
Bought
4,400 shs ($50K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,400 | $11.28 | $50K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 12,122 shares (Indirect, BGJ Family Trust);
Common Stock — 4,226 shares (Direct, null)
Footnotes (1)
Key Figures
Open-market purchase: 4,400 shares
Purchase price: $11.28 per share
Trust holdings after trade: 12,122 shares
+2 more
5 metrics
Open-market purchase
4,400 shares
Common Stock bought indirectly via BGJ Family Trust
Purchase price
$11.28 per share
Price for 4,400-share open-market transaction
Trust holdings after trade
12,122 shares
BGJ Family Trust indirect ownership after purchase
Direct holdings
4,226 shares
Common Stock held directly by Gerald Werdann
IRA holdings
87 shares
Common Stock held indirectly by IRA
Key Terms
open-market purchase, indirect ownership, IRA, Family Trust
4 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of Common Stock"
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.
indirect ownership financial
"total shares following transaction are reported as indirect ownership"
IRA financial
"nature_of_ownership is noted as By IRA for one holding"
An individual retirement account (IRA) is a savings account designed to help people put aside money for their retirement, often with tax advantages that encourage long-term savings. It matters to investors because it can grow over time, providing financial security later in life, and offers benefits that can reduce current taxes or allow investments to compound more effectively.
Family Trust financial
"nature_of_ownership is listed as BGJ Family Trust for the purchase"
FAQ
What insider transaction did BCB Bancorp (BCBP) disclose for Gerald Werdann?
BCB Bancorp reported that director Gerald Werdann, through the BGJ Family Trust, executed an open-market purchase of 4,400 shares of Common Stock. This transaction was priced at $11.28 per share and classified as a non-derivative acquisition of common equity.