Bimini Capital (BMNM) director Frank Jaumot trims holdings, keeps 36,027 shares
Rhea-AI Filing Summary
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.
Positive
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Insights
Director Jaumot discloses a major share sale, retaining a small residual stake.
The filing shows that Frank E. Jaumot, a director of Bimini Capital Management, Inc., sold
This shifts him from a larger holder to a relatively small shareholder, which may change how closely his economic exposure tracks broader shareholders. However, he remains a director, and the document does not link the sale to any corporate event or change in role. The text also notes no other transactions in the last 60 days and no disqualifying legal or regulatory history over the past five years.