Bank of the James (BOTJ) director adds 1,000 shares in open-market buy
Rhea-AI Filing Summary
Bank of the James Financial Group director Phillip C. Jamerson reported an open-market purchase of the company’s common stock. On May 7, 2026, he bought 1,000 shares at a weighted average price of $23.3969 per share, increasing his direct holdings to 18,190 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
1 txn
Insider
JAMERSON PHILLIP C
Role
Director
Bought
1,000 shs ($23K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, Par Value 2.14 | 1,000 | $23.3969 | $23K |
Holdings After Transaction:
Common Stock, Par Value 2.14 — 18,190 shares (Direct)
Footnotes (1)
- F1. The reported price is a weighted average price. These shares were purchased in two transactions at prices of $23.36 and $23.425 per share. The reporting person undertakes to provide upon request to the SEC staff, the issuer, or any security holder of the issuer full information regarding the number of shares purchased at each separate price.
Key Figures
Shares purchased: 1,000 shares
Weighted average price: $23.3969 per share
Post-transaction holdings: 18,190 shares
+2 more
5 metrics
Shares purchased
1,000 shares
Open-market purchase on May 7, 2026
Weighted average price
$23.3969 per share
Price for 1,000-share purchase
Post-transaction holdings
18,190 shares
Direct ownership after purchase
Individual trade prices
$23.36 and $23.425 per share
Two trades underlying weighted average
Net buy shares
1,000 shares
Net change from this Form 4
Key Terms
open-market purchase, weighted average price, Common Stock, Par Value 2.14, transaction code "P"
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.
weighted average price financial
"The reported price is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Common Stock, Par Value 2.14 financial
"security_title": "Common Stock, Par Value 2.14""
transaction code "P" financial
"transaction_code": "P""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did BOTJ director Phillip C. Jamerson report?
Phillip C. Jamerson reported an open-market purchase of 1,000 shares of Bank of the James Financial Group common stock. The transaction occurred on May 7, 2026, and was reported on a Form 4 insider trading filing with the SEC.
What does the Form 4 transaction code P mean for BOTJ?
The Form 4 transaction code P indicates a purchase in an open market or private transaction. For BOTJ, it shows that director Phillip C. Jamerson actively bought 1,000 common shares rather than receiving them through compensation, conversion, or other non-market mechanisms.