Boston Omaha director fund buys 50,752 shares
Boston Omaha Corp director Frank H. Kenan II, through investment vehicle KD Capital, L.P., reported open-market purchases totaling 50,752 shares of Class A common stock between May 28 and June 1, 2026.
Rhea-AI Filing Summary
Boston Omaha Corp director Frank H. Kenan II, through investment vehicle KD Capital, L.P., reported open-market purchases totaling 50,752 shares of Class A common stock between May 28 and June 1, 2026. Reported purchase prices ranged from about $12.89 to roughly $13.37 per share. After these buys, one KD Capital account holds 315,991 shares indirectly. The filing also notes additional indirect holdings through a trust and direct holdings in individual retirement accounts for Mr. Kenan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 50,752 shares
Net Buy
6 txns
Insider
Kenan Frank H. II
Role
Director
Bought
50,752 shs ($671K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A common stock, par value $0.001 per share | 6,033 | $12.89 | $78K |
| Purchase | Class A common stock, par value $0.001 per share | 10,000 | $12.9302 | $129K |
| Purchase | Class A common stock, par value $0.001 per share | 34,719 | $13.3697 | $464K |
| holding | Class A common stock, par value $0.001 per share | -- | -- | -- |
| holding | Class A common stock, par value $0.001 per share | -- | -- | -- |
| holding | Class A common stock, par value $0.001 per share | -- | -- | -- |
Holdings After Transaction:
Class A common stock, par value $0.001 per share — 431,833 shares (Indirect, See footnote);
Class A common stock, par value $0.001 per share — 9,644 shares (Direct)
Footnotes (5)
- F1. The reported shares are directly owned by KD Capital, L.P. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein. The shares purchased on May 28, 2026 were purchased in multiple transactions at an average price of $13.369752729 per share and at individual transaction prices ranging from $13.13 to $13.425007225 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (1) to this Form 4.
- F2. The reported shares are directly owned by KD Capital, L.P. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein. The shares purchased on May 29, 2026 were purchased in multiple transactions at an average price of $12.930202 per share and at individual transaction prices ranging from $12.89 to $12.992454128 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- F3. The reported shares are directly owned by KD Capital, L.P. Frank H. Kenan II is the manager of and owns 100% of KD Capital Management, LLC, which is the general partner of KD Capital, L.P. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein. The shares purchased on June 1, 2026 were purchased in two transactions, each at the price of $12.89 per share. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares sold at each separate price within the ranges set forth in this footnote (2) to this Form 4.
- F4. The reported shares are owned in individual retirement accounts for the benefit of Mr. Kenan.
- F5. The reported shares are directly owned by a trust under which Frank H. Kenan II is both the trustee and a beneficiary. Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein.
Key Figures
Total shares purchased: 50,752 shares
June 1, 2026 purchase: 6,033 shares at $12.89/share
May 29, 2026 purchase: 10,000 shares at $12.9302/share
+4 more
7 metrics
Total shares purchased
50,752 shares
Net open-market purchases between May 28 and June 1, 2026
June 1, 2026 purchase
6,033 shares at $12.89/share
Open-market buy, indirect through KD Capital, L.P.
May 29, 2026 purchase
10,000 shares at $12.9302/share
Open-market buy, indirect through KD Capital, L.P.
May 28, 2026 purchase
34,719 shares at $13.3697/share
Open-market buy, indirect through KD Capital, L.P.
Indirect holdings after latest trade
315,991 shares
Shares held in one KD Capital, L.P. account after June 1, 2026
Direct IRA holding snapshot
9,644 shares
Directly owned in individual retirement accounts as of May 28, 2026
Trust holding snapshot
4,452 shares
Indirectly owned via trust where Kenan is trustee and beneficiary
Key Terms
open-market purchase, indirect beneficial ownership, individual retirement accounts, trustee and a beneficiary, +1 more
5 terms
open-market purchase financial
"transaction_action is described as an open-market purchase of Class A common stock"
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.
indirect beneficial ownership financial
"Mr. Kenan could be deemed to have indirect beneficial ownership of the shares reported herein"
individual retirement accounts financial
"The reported shares are owned in individual retirement accounts for the benefit of Mr. Kenan"
An individual retirement account (IRA) is a personal savings account with special tax rules designed to help people build money for retirement; think of it as a piggy bank that comes with tax benefits or deferred taxes depending on the account type. It matters to investors because IRAs influence how much can be saved each year, which investments are held long term, and when taxes are paid, all of which affect long-term growth and retirement income planning.
trustee and a beneficiary financial
"The reported shares are directly owned by a trust under which Frank H. Kenan II is both the trustee and a beneficiary"
general partner financial
"KD Capital Management, LLC, which is the general partner of KD Capital, L.P."
A general partner is the person or firm that runs an investment partnership and legally represents it — they make the day-to-day decisions, choose which assets to buy or sell, and are responsible for the partnership’s obligations. Investors care because the general partner’s judgment, risk-taking and fee and profit-sharing arrangements determine both the potential returns and the level of exposure to losses; think of the GP as the ship’s captain whose skill and honesty shape the voyage’s outcome.
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider activity did Boston Omaha (BOC) report for Frank H. Kenan II?
Boston Omaha reported that an entity associated with director Frank H. Kenan II, KD Capital, L.P., purchased 50,752 shares of Class A common stock in open-market transactions, according to a Form 4 insider trading report covering late May and early June 2026.
What are Frank H. Kenan II’s indirect holdings in Boston Omaha (BOC) after these trades?
Following the reported purchases, one KD Capital, L.P. account holds 315,991 shares of Boston Omaha Class A common stock indirectly. The filing also describes additional indirect holdings through a trust and separate direct holdings in individual retirement accounts for Mr. Kenan.
Did the Boston Omaha (BOC) Form 4 include any derivative securities or option exercises?
The insider filing reports only non-derivative transactions in Boston Omaha Class A common stock. The derivative section is empty, and the transaction summary shows no option exercises or other derivative transactions during the reported period.
AI-generated analysis. How Rhea-AI works. Not financial advice.
