BioCardia (NASDAQ: BCDA) CEO adds 1,700 shares in May open‑market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioCardia, Inc. President and CEO Peter Altman reported open-market purchases of the company’s common stock. He bought 200 shares at $0.95 per share on May 19, 2026 and 1,500 shares at $0.92 per share on May 20, 2026. After these transactions, he directly owns 293,266 shares of BioCardia common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,700 shares ($1,570)
Net Buy
2 txns
Insider
Altman Peter
Role
President and CEO
Bought
1,700 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,500 | $0.92 | $1K |
| Purchase | Common Stock | 200 | $0.95 | $190.00 |
Holdings After Transaction:
Common Stock — 293,266 shares (Direct, null)
Footnotes (1)
- This transaction was executed in multiple trades ranging from $0.9506 to $0.9508 per share. The price reported above reflects the weighted average per share sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer, full information regarding the number shares purchased at each separate price. This transaction was executed in multiple trades ranging from $0.91 to $0.95 per share. The price reported above reflects the weighted average per share sales price. The Reporting Person hereby undertakes to provide upon request to the SEC staff, the issuer or security holder of the issuer, full information regarding the number shares purchased at each separate price.
Key Figures
Shares purchased May 19, 2026: 200 shares at $0.95/share
Shares purchased May 20, 2026: 1,500 shares at $0.92/share
Total shares bought: 1,700 shares
+1 more
4 metrics
Shares purchased May 19, 2026
200 shares at $0.95/share
Open-market purchase of common stock
Shares purchased May 20, 2026
1,500 shares at $0.92/share
Open-market purchase of common stock
Total shares bought
1,700 shares
Net buy across two transactions
Shares owned after transactions
293,266 shares
Direct holdings of common stock post-trade
Key Terms
open-market purchase, weighted average per share sales price, transaction code "P", beneficial ownership
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.
transaction code "P" financial
"transaction_code: "P" with description Purchase in open market or private transaction"
beneficial ownership financial
"full information regarding the number shares purchased at each separate price."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transactions did BioCardia (BCDA) report for Peter Altman?
Peter Altman reported two open-market purchases of BioCardia common stock, totaling 1,700 shares. He bought 200 shares at $0.95 on May 19, 2026, and 1,500 shares at $0.92 on May 20, 2026, increasing his direct holdings.
Were the recent BioCardia (BCDA) insider trades open-market purchases or something else?
Both reported transactions were coded "P" as open-market purchases of common stock. The Form 4 describes them as purchases in open market or private transactions, rather than option exercises, gifts, or tax-withholding dispositions, highlighting straightforward buying activity.
Do the BioCardia (BCDA) Form 4 footnotes reveal anything about trade pricing?
Yes. The footnotes state each transaction occurred through multiple trades within specified price ranges. The reported per-share prices are weighted averages of those trades, and the reporting person undertakes to provide detailed trade-by-trade information to regulators or security holders upon request.