Bridgeline (NASDAQ: BLIN) CEO adds 54,301 shares in open-market buys
Rhea-AI Filing Summary
Bridgeline Digital, Inc. insider activity: President and CEO Roger E. Kahn, who is also a 10% owner and director, reported multiple open-market purchases of Bridgeline common stock. On February 17, he bought 35,301 shares at a weighted average price of $0.75 per share. On February 18, he bought 14,000 shares at $0.82 per share, and on February 19, he bought 5,000 shares at $0.85 per share, for a total of 54,301 shares acquired in these transactions.
After these purchases, Kahn directly owned 1,763,736 shares of common stock. The filing also notes an additional 544 shares held indirectly by his spouse, for which he disclaims beneficial ownership except to the extent of his pecuniary interest. Some trades were executed in multiple lots within stated price ranges, and the reported prices are weighted averages.
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Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,000 | $0.85 | $4K |
| Purchase | Common Stock | 14,000 | $0.82 | $11K |
| Purchase | Common Stock | 35,301 | $0.75 | $26K |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- This transaction was executed in multiple trades at a prices ranging from $0.74 to $0.77. The reported price in Column 4 is a weighted average price, rounded to the nearest hundredth. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price. This transaction was executed in multiple trades at a prices ranging from $0.77 to $0.87. The reported price in Column 4 is a weighted average price, rounded to the nearest hundredth. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or to the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price. The Reporting Person disclaims beneficial ownership of the securities held by his spouse, except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the Reporting Person is the beneficial owner of the securities for the purpose of Section 16 or for any other purpose.