Bimini Capital SEC Filings

Bimini Capital Management, Inc. insider G. Hunter Haas IV has updated his beneficial ownership in the company’s Class A common stock. He now beneficially owns 1,491,517 shares, representing approximately 14.9% of the outstanding Class A common stock, and holds sole voting and dispositive power over these shares.

Haas, who serves as President, Chief Investment Officer, Chief Financial Officer and Treasurer of Bimini Capital Management, acquired the shares using personal funds or as compensation. On December 19, 2025, he purchased 192,247 shares at $1.55 per share. He states that the holdings are for investment purposes and that he may buy additional shares for cash or receive more equity as compensation.

The filing notes that Haas has not been involved in specified criminal or civil securities law proceedings over the past five years and that, aside from potential future equity-based compensation, he has no other contracts or arrangements concerning Bimini’s securities.

Robert E. Cauley, Chairman and CEO of Bimini Capital Management, Inc., filed Amendment No. 4 to report his beneficial ownership of the company’s Class A common stock. He beneficially owns 1,560,215 shares, representing about 15.5% of the outstanding Class A common stock. Cauley holds sole voting and dispositive power over 1,546,247 shares and shares voting and dispositive power with his adult children over 13,968 shares.

On December 19, 2025, he acquired 192,248 shares of common stock at a price of $1.55 per share. The filing states that he holds the shares for investment purposes and may buy additional shares for cash or receive them as compensation, while also potentially selling shares in the future. He reports no criminal or civil securities law judgments in the past five years and notes there are no special contracts or arrangements with others regarding these securities beyond possible future equity-based compensation.

Bimini Capital Management director Frank E. Jaumot has significantly reduced his stake in the company. On December 19, 2025, he sold 534,495 shares of Class A Common Stock at $1.55 per share. Following this sale, he beneficially owns 36,027 shares, representing about 0.3% of Bimini Capital Management’s outstanding Class A Common Stock.

Jaumot is a director of the company and a United States citizen. The filing states that he has not been involved in specified criminal or civil securities law proceedings during the last five years and that there are no applicable special contracts or arrangements relating to his holdings. He reports no other transactions in Bimini Capital’s securities in the last 60 days.

Bimini Capital Management, Inc. director and 10% owner reported buying additional shares of the company’s Class A common stock. On 12/19/2025, the reporting person purchased 100,000 shares of Class A common stock at a price of $1.55 per share. After this transaction, the reporting person beneficially owned a total of 1,476,339 Class A common shares held directly.

Bimini Capital Management, Inc. insider activity shows a senior executive increasing their stake in the company. On 12/19/2025, a reporting person who is a director, chief executive officer, and 10% owner acquired 192,248 shares of Class A common stock in an open-market purchase at a price of $1.55 per share. Following this transaction, the individual beneficially owns 1,560,215 shares of Bimini Capital Management Class A common stock, held directly.

Bimini Capital Management, Inc. insider G. Hunter Haas, IV, who serves as Chief Financial Officer, director, and a 10% owner, reported buying additional shares of the company’s Class A common stock. On 12/19/2025, he purchased 192,247 shares at a price of $1.55 per share. Following this transaction, he beneficially owned 1,491,517 shares, held directly. This filing reflects an increase in his personal investment stake and updates the public record of insider ownership.

Bimini Capital Management, Inc. director filed a report showing an open-market purchase of company stock. On 12/19/2025, the reporting person bought 50,000 shares of Class A common stock at a price of $1.55 per share, coded as a purchase transaction. After this transaction, the reporting person directly beneficially owned 50,000 shares of Bimini Capital Management, Inc. common stock.

Bimini Capital Management, Inc. entered into a First Amendment to its existing Rights Agreement with Broadridge Corporate Issuer Solutions, Inc. on December 10, 2025. The amendment extends the expiration date of the stockholder rights from December 21, 2025 to December 21, 2030 and increases the Purchase Price under the plan from $4.76 to $10.20. This type of Rights Agreement is often used as a shareholder rights plan, sometimes called a “poison pill,” to deter concentrated ownership without board approval. The amendment did not require stockholder approval, though the company plans to submit it to stockholders for approval at its 2026 annual meeting. The company also issued a press release announcing the amendment.

Bimini Capital Management (BMNM) reported stronger Q3 2025 results. For the quarter ended September 30, total revenues were $6.2 million, driven by advisory services of $4.46 million and interest/dividend income of $1.74 million. Net income for the quarter was $1.82 million, compared with $0.26 million a year ago. For the nine‑month period, revenues totaled $17.3 million and net income was $2.42 million, up from $0.20 million in 2024.

On the balance sheet as of September 30, 2025, assets were $139.7 million, including mortgage‑backed securities at fair value of $104.4 million and cash and cash equivalents of $9.56 million. Liabilities were $130.5 million, primarily repurchase agreements of $100.0 million and long‑term debt of $27.35 million. Stockholders’ equity rose to $9.24 million from $6.82 million at December 31, 2024. The company owned 569,071 shares of Orchid Island Capital and recorded $0.61 million of dividends for the nine months. Class A shares outstanding were 10,005,457 as of November 6, 2025. Advisory revenues from managing Orchid accounted for about 68% of year‑to‑date consolidated revenues.