Bimini Capital (BMNM) director Dwyer adds 5,500 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4/A
Rhea-AI Filing Summary
Bimini Capital Management director and ten percent owner Robert J. Dwyer reported an open-market purchase of Class A Common Stock. On January 17, 2025, he bought 5,500 shares at $0.932 per share, bringing his direct holdings to 1,358,709 shares. This amended filing corrects the transaction date, which had previously been reported as January 17, 2024.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,500 shares ($5,126)
Net Buy
1 txn
Insider
Dwyer Robert J
Role
null
Bought
5,500 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 5,500 | $0.932 | $5K |
Holdings After Transaction:
Class A Common Stock — 1,358,709 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 5,500 shares
Purchase price: $0.932 per share
Post-transaction holdings: 1,358,709 shares
+1 more
4 metrics
Shares purchased
5,500 shares
Class A Common Stock bought on January 17, 2025
Purchase price
$0.932 per share
Open-market purchase price for Class A Common Stock
Post-transaction holdings
1,358,709 shares
Direct ownership after the reported transaction
Buy transactions in filing
1 transaction
Single open-market purchase reported in Form 4/A
Key Terms
open-market purchase, Form 4/A, ten percent owner, Class A Common Stock
4 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.
Form 4/A regulatory
"This Form 4 is being filed to correct the transaction date"
Form 4/A is an amended filing that corrects or updates an earlier Form 4, the mandatory report that insiders (like company executives, directors, or large shareholders) must file when their ownership stakes change. Think of it as an edited receipt showing who bought or sold stock and when; investors use it to track insider confidence, detect potential conflicts, and spot trading patterns that might signal future company prospects.
ten percent owner regulatory
"is_ten_percent_owner: 1"
Class A Common Stock financial
"security_title: Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
FAQ
What insider transaction did BMNM director Robert J. Dwyer report?
Robert J. Dwyer reported an open-market purchase of 5,500 shares of Bimini Capital Management Class A Common Stock at $0.932 per share. The transaction increased his direct ownership to 1,358,709 shares following the trade, according to the amended Form 4 filing.
Why was this BMNM Form 4/A filed as an amendment?
The Form 4/A was filed to correct the transaction date. The footnote explains that the transaction had been originally reported with a date of January 17, 2024, and the amendment updates this to reflect the correct date of January 17, 2025.