BayCom (BCML) vice chair makes open-market buys totaling 33K shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
BayCom Corp Executive Vice Chair William J. Black reported two open-market purchases of BayCom Corp common stock. On May 5, he bought 6,533 shares at a weighted average price of $29.99 per share, and on May 6 he bought 26,549 shares at a weighted average price of $30.22 per share.
Following these transactions, he directly owns 33,082 common shares. The filing notes that each daily price is a weighted average of multiple trades, with May 5 purchases occurring between $29.75 and $30.00 and May 6 purchases between $29.98 and $30.50.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 33,082 shares ($998,235)
Net Buy
2 txns
Insider
Black William J
Role
Executive Vice Chair
Bought
33,082 shs ($998K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 26,549 | $30.22 | $802K |
| Purchase | Common Stock | 6,533 | $29.99 | $196K |
Holdings After Transaction:
Common Stock — 33,082 shares (Direct, null)
Footnotes (1)
- The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.75 to $30.00, 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 footnotes (1) and (2) to this Form 4. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $29.98 to $30.50, inclusive.
Key Figures
Shares bought May 5: 6,533 shares
Shares bought May 6: 26,549 shares
Total shares owned after trades: 33,082 shares
+2 more
5 metrics
Shares bought May 5
6,533 shares
Open-market purchase of common stock at weighted average $29.99
Shares bought May 6
26,549 shares
Open-market purchase of common stock at weighted average $30.22
Total shares owned after trades
33,082 shares
Direct ownership of BayCom Corp common stock following purchases
Price range May 5
$29.75–$30.00
Weighted average price $29.99 based on multiple trades
Price range May 6
$29.98–$30.50
Weighted average price $30.22 based on multiple trades
Key Terms
open-market purchase, weighted average price, Form 4
3 terms
open-market purchase financial
"transaction_action: "open-market purchase" for both common stock trades"
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.
Form 4 regulatory
"within the ranges set forth in footnotes (1) and (2) to this Form 4."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transactions did BayCom Corp (BCML) disclose in this Form 4?
BayCom Corp reported that Executive Vice Chair William J. Black made two open-market purchases of common stock. He bought 6,533 shares on May 5 and 26,549 shares on May 6, increasing his direct ownership to a total of 33,082 shares after these transactions.
What is William J. Black’s total BayCom Corp (BCML) ownership after these trades?
After the reported open-market purchases, William J. Black directly owns 33,082 shares of BayCom Corp common stock. This total reflects the addition of 6,533 shares purchased on May 5 and 26,549 shares purchased on May 6, as disclosed in the Form 4 filing.
Were BayCom Corp (BCML) insider purchases made at a single price or in multiple trades?
The insider purchases were executed in multiple trades at different prices each day. The filing reports weighted average prices of $29.99 on May 5 and $30.22 on May 6, with actual trade prices ranging from $29.75–$30.00 and $29.98–$30.50, respectively.