BioCardia (BCDA) CEO Peter Altman acquires 7,500 shares in open‑market buys
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BioCardia, Inc. President and CEO Peter Altman reported a series of open‑market purchases of common stock. On July 8–10, 2026, he bought a total of 7,500 shares in three transactions, including 5,500 shares at $0.97, 1,000 shares at $0.90, and 1,000 shares at $0.94 per share. After these purchases, he directly owns 369,485 common shares. A footnote states that one transaction was executed in multiple trades between $0.92 and $1.05 per share and that the reported price is a weighted average, with full trade‑level details available upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,500 shares ($7,175)
Net Buy
3 txns
Insider
Altman Peter
Role
President and CEO
Bought
7,500 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $0.94 | $940.00 |
| Purchase | Common Stock | 1,000 | $0.90 | $900.00 |
| Purchase | Common Stock | 5,500 | $0.97 | $5K |
Holdings After Transaction:
Common Stock — 369,485 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased July 8, 2026: 5,500 shares at $0.9700
Shares purchased July 9, 2026: 1,000 shares at $0.9000
Shares purchased July 10, 2026: 1,000 shares at $0.9400
+3 more
6 metrics
Shares purchased July 8, 2026
5,500 shares at $0.9700
Open-market purchase of common stock on 2026-07-08
Shares purchased July 9, 2026
1,000 shares at $0.9000
Open-market purchase of common stock on 2026-07-09
Shares purchased July 10, 2026
1,000 shares at $0.9400
Open-market purchase of common stock on 2026-07-10
Total shares purchased
7,500 shares
Sum of three open-market purchases reported in this Form 4
Shares owned after latest transaction
369,485 shares
Direct ownership of BioCardia common stock following July 10, 2026 purchase
Price range for multiple trades
$0.92–$1.05 per share
Footnote range for executions within one reported transaction, weighted average price shown
Key Terms
open-market purchase, weighted average, beneficial ownership
3 terms
open-market purchase financial
"reported a series of open‑market purchases 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.
weighted average financial
"reported price is a weighted average, with full trade‑level details"
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.
beneficial ownership financial
"details available upon request to the SEC staff, the issuer or security holder"
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 did BioCardia (BCDA) CEO Peter Altman report in this Form 4?
Peter Altman reported open‑market purchases of 7,500 BioCardia common shares over three days in July 2026, increasing his direct ownership to 369,485 shares.
What does the weighted average price footnote mean in the BioCardia (BCDA) Form 4?
The footnote explains that one transaction involved multiple trades between $0.92 and $1.05 per share and that the reported price is a weighted average, with full trade‑level details available upon request.