BayCom Corp (NASDAQ: BCML) director-linked trusts buy 5,000 shares in open market
Rhea-AI Filing Summary
BayCom Corp director Michael J. Perdue reported open-market purchases of BayCom common stock through family-related trusts. On May 26, a family trust bought 3,000 shares at a weighted average price of $30.94 per share, bringing that trust’s holdings to 3,000 shares.
On May 22, a managed trust bought an additional 2,000 shares at a weighted average price of $30.94 per share, for 2,000 shares held after that transaction. Overall, trusts associated with Perdue acquired 5,000 shares in net open-market purchases at prices ranging from $30.90 to $31.01.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
2 txns
Insider
PERDUE MICHAEL J
Role
Director
Bought
5,000 shs ($155K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 3,000 | $30.94 | $93K |
| Purchase | Common Stock | 2,000 | $30.94 | $62K |
Holdings After Transaction:
Common Stock — 2,000 shares (Indirect, By Managed Trust);
Common Stock — 3,000 shares (Indirect, By Family Trust)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $30.90 to $31.01, inclusive. The reporting person undertakes to provide BayCom Corp, any security holder of BayCom Corp, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote (1) to this Form 4.
Key Figures
Shares bought on May 26: 3,000 shares
Shares bought on May 22: 2,000 shares
Total shares bought: 5,000 shares
+4 more
7 metrics
Shares bought on May 26
3,000 shares
Common Stock, Family Trust, transaction date May 26
Shares bought on May 22
2,000 shares
Common Stock, Managed Trust, transaction date May 22
Total shares bought
5,000 shares
Net open-market purchases across both trusts
Weighted average price
$30.94/share
Reported price for both transactions
Price range
$30.90–$31.01/share
Range of individual trade prices in the May purchases
Family Trust holdings after trade
3,000 shares
Common Stock held indirectly by Family Trust
Managed Trust holdings after trade
2,000 shares
Common Stock held indirectly by Managed Trust
Key Terms
open-market purchase, weighted average price, Family Trust, Managed Trust, +1 more
5 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 price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Family Trust financial
""nature_of_ownership": "By Family Trust""
Managed Trust financial
""nature_of_ownership": "By Managed Trust""
indirect financial
""ownership_type": "indirect""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did BayCom Corp (BCML) report for Michael J. Perdue?
BayCom Corp reported that director Michael J. Perdue, through related trusts, made two open-market purchases totaling 5,000 common shares. The trades occurred on May 22 and May 26, increasing indirect holdings in BayCom stock via family and managed trusts.
At what prices did the BayCom Corp (BCML) insider purchases occur?
Both reported BayCom insider purchases used a weighted average price of $30.94 per share. A footnote explains the trades were executed in multiple lots, with individual prices ranging between $30.90 and $31.01, all within that narrow trading range.
What does the Form 4 footnote say about the BayCom Corp (BCML) trade prices?
The footnote states the reported $30.94 price is a weighted average. Shares were purchased in multiple trades at prices between $30.90 and $31.01. The reporting person commits to provide detailed trade-by-trade price information on request.