Bimini Capital (BMNM) director Jaumot sells 534,495 shares, updates 13D
Filing Impact
Filing Sentiment
Form Type
SCHEDULE 13D/A
Rhea-AI Filing Summary
Bimini Capital Management, Inc. director Frank E. Jaumot filed an amended beneficial ownership report for the company’s Class A Common Stock. The amendment states that on December 19, 2025, he sold 534,495 shares of common stock at $1.55 per share.
Following this sale, Jaumot now beneficially owns 36,027 shares of Bimini Capital Class A Common Stock, representing approximately 0.3% of the company’s outstanding Class A shares. The filing also notes that this Amendment No. 2 is being made solely to correct the date of Amendment No. 1 and that Jaumot has not engaged in any other transactions in the issuer’s securities during the last 60 days.
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FAQ
What does the latest Schedule 13D/A for BMNM disclose about insider holdings?
The filing shows that director Frank E. Jaumot now beneficially owns 36,027 shares of Bimini Capital Management, Inc. Class A Common Stock, representing about 0.3% of the outstanding Class A shares.
What is the purpose of Amendment No. 2 to the Schedule 13D for BMNM?
The document states that Amendment No. 2 is being filed solely to correct the date of Amendment No. 1 related to Bimini Capital Management, Inc.’s Class A Common Stock.
Does Frank E. Jaumot report any other recent transactions in BMNM stock?
The filing states that the reporting person has not effected any other transactions in Bimini Capital Management, Inc.’s securities during the last 60 days.
What is Frank E. Jaumot’s role at Bimini Capital Management, Inc. (BMNM)?
The document identifies Frank E. Jaumot as a director of Bimini Capital Management, Inc.
Where is Bimini Capital Management, Inc. headquartered?
The issuer’s principal executive offices are listed as 3305 Flamingo Drive, Vero Beach, Florida 32963.