Binah Capital (BCG) CFO makes open-market purchase of 3,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Binah Capital Group, Inc. director and Chief Financial Officer Shane David M. reported an open-market purchase of company stock. On 2026-05-19, he bought 3,000 shares of common stock at $1.6599 per share. Following this transaction, his direct holdings total 3,000 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares ($4,980)
Net Buy
1 txn
Insider
Shane David M.
Role
Chief Financial Officer
Bought
3,000 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $1.6599 | $5K |
Holdings After Transaction:
Common Stock — 3,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 3,000 shares
Purchase price: $1.6599 per share
Shares owned after transaction: 3,000 shares
3 metrics
Shares purchased
3,000 shares
Open-market buy on 2026-05-19
Purchase price
$1.6599 per share
Open-market transaction on 2026-05-19
Shares owned after transaction
3,000 shares
Direct holdings following Form 4 transaction
Key Terms
open-market purchase, Common Stock, direct ownership
3 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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
direct ownership financial
"ownership_type: direct, ownership_code: D"
FAQ
What insider transaction did Binah Capital Group (BCG) report on this Form 4?
Binah Capital Group reported that its CFO, Shane David M., purchased 3,000 shares of common stock. The transaction was an open-market purchase, meaning he bought the shares on the market at prevailing prices rather than receiving them as compensation.
What are the CFO’s total direct holdings in Binah Capital Group (BCG) after this trade?
After the reported transaction, the CFO directly owns 3,000 shares of Binah Capital Group common stock. This figure matches the number of shares he purchased in the open-market transaction disclosed in the Form 4 filing.
Was the Binah Capital Group (BCG) insider transaction a purchase or a sale?
The transaction was a purchase. The Form 4 lists transaction code P, described as an open-market purchase, and identifies the transaction direction as a buy, confirming that the CFO acquired additional shares rather than selling existing holdings.
Does the Binah Capital Group (BCG) Form 4 involve derivative securities or only common stock?
The Form 4 involves only common stock. The reported transaction is classified as a non-derivative security, and the derivativeSummary section is empty, indicating there were no option, warrant, or other derivative exercises or conversions in this filing.