Bimini Capital (BMNM) director buys 5,000 shares in Form 4 amendment
Rhea-AI Filing Summary
Bimini Capital Management director and 10% owner Robert J. Dwyer reported an open-market purchase of 5,000 shares of Class A common stock at $0.8799 per share. After this trade, he directly holds 1,369,209 shares. The amended Form 4 corrects the originally misreported transaction date to June 6, 2025.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares
Net Buy
1 txn
Insider
Dwyer Robert J
Role
Director, 10% Owner
Bought
5,000 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 5,000 | $0.8799 | $4K |
Holdings After Transaction:
Class A Common Stock — 1,369,209 shares (Direct)
Footnotes (1)
- F1. This Form 4 is being filed to correct the transaction date, which was originally incorrectly reported as April 21, 2025.
Key Figures
Shares purchased: 5,000 shares
Purchase price: $0.8799 per share
Shares owned after: 1,369,209 shares
+1 more
4 metrics
Shares purchased
5,000 shares
Open-market purchase on June 6, 2025
Purchase price
$0.8799 per share
Class A Common Stock
Shares owned after
1,369,209 shares
Beneficially owned following transaction
Net insider share change
5,000 shares
Net-buy per transaction summary
Key Terms
open-market purchase, Purchase in open market or private transaction, Form 4, ten percent owner
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.
Purchase in open market or private transaction financial
"transaction_code_description: "Purchase in open market or private transaction""
Form 4 regulatory
"This Form 4 is being filed to correct the transaction date"
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.
ten percent owner financial
"is_ten_percent_owner: 1"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Robert J. Dwyer report for BMNM?
Robert J. Dwyer reported an open-market purchase of 5,000 shares of Bimini Capital Management Class A common stock. The transaction was executed at $0.8799 per share and is disclosed in an amended Form 4 correcting the transaction date.
What does the amended Form 4/A for BMNM correct?
The amended Form 4/A corrects the transaction date for Robert J. Dwyer’s share purchase. The footnote explains the date was originally reported as April 21, 2025 and has been corrected so the transaction is now shown as occurring on June 6, 2025.
What is Robert J. Dwyer’s role and ownership status at BMNM?
Robert J. Dwyer is identified as a director and a beneficial owner of more than ten percent of Bimini Capital Management. These roles are specified in the insider data, indicating both board membership and large share ownership status in the company.