STOCK TITAN

Bimini Capital (BMNM) director Dwyer adds 5,500 shares in open-market buy

Filing Impact
(Neutral)
Filing Sentiment
(Neutral)
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

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Negative

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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)
  1. [object Object]
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
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.
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Learn about SEC filing dates
SEC Form 4
FORM 4UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number:3235-0287
Estimated average burden
hours per response:0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Dwyer Robert J

(Last)(First)(Middle)
3305 FLAMINGO DRIVE

(Street)
VERO BEACH FLORIDA 32963

(City)(State)(Zip)

UNITED STATES

(Country)
2. Issuer Name and Ticker or Trading Symbol
BIMINI CAPITAL MANAGEMENT, INC. [ BMNM ]
5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
XDirectorX10% Owner
Officer (give title below)Other (specify below)
2a. Foreign Trading Symbol
3. Date of Earliest Transaction (Month/Day/Year)
01/17/2025
6. Individual or Joint/Group Filing (Check Applicable Line)
XForm filed by One Reporting Person
Form filed by More than One Reporting Person
4. If Amendment, Date of Original Filed (Month/Day/Year)
01/22/2025
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year)2A. Deemed Execution Date, if any (Month/Day/Year)3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeVAmount(A) or (D)Price
Class A Common Stock01/17/2025(1)P5,500A$0.9321,358,709D
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year)3A. Deemed Execution Date, if any (Month/Day/Year)4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year)7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
CodeV(A)(D)Date ExercisableExpiration DateTitleAmount or Number of Shares
Explanation of Responses:
1. This Form 4 is being filed to correct the transaction date, which was originally incorrectly reported as January 17, 2024.
/s/ Robert J. Dwyer06/09/2026
** Signature of Reporting PersonDate
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.
* Form 4: SEC 1474 (03-26)

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.

When did the reported BMNM insider share purchase occur?

The reported insider share purchase occurred on January 17, 2025. The amended Form 4 clarifies that this is the correct transaction date, revising an earlier report that had mistakenly listed the date as January 17, 2024 for the same transaction.

How many BMNM shares does Robert J. Dwyer own after this transaction?

After the reported transaction, Robert J. Dwyer directly owns 1,358,709 shares of Bimini Capital Management Class A Common Stock. This total reflects his position following the open-market purchase of 5,500 shares disclosed in the amended Form 4 filing.

What price did the BMNM insider pay per share in the latest purchase?

In the latest reported transaction, the insider paid $0.932 per share for Bimini Capital Management Class A Common Stock. This price applies to all 5,500 shares acquired in the open-market purchase recorded on January 17, 2025 in the amended Form 4.

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.