Michael Syrek purchases 250 BOTJ shares at about $14, reports 13,600 owned
Rhea-AI Filing Summary
Michael A. Syrek, President and Director of Bank of the James Financial Group, reported purchases of common stock on 08/11/2025. The filing shows two purchase transactions totaling 250 shares (243 shares at $13.97 and 7 shares at $14.00), increasing his direct holdings to 13,600 shares. The report also discloses 1,650 shares held indirectly by his spouse.
Positive
- None.
Negative
- None.
Insights
TL;DR: Officer purchases 250 shares at ~ $14, modest increase in direct holdings to 13,600 shares.
The reported transactions consist of two open-market purchases on 08/11/2025: 243 shares at $13.97 and 7 shares at $14.00. These moves raise Mr. Syrek's direct stake to 13,600 shares, with an additional 1,650 shares held indirectly by his spouse. The size of the purchases is small relative to typical institutional positions and appears routine rather than material.
TL;DR: Insider buying is a governance signal but the disclosed amounts are minor.
As President and a director, Mr. Syrek's purchases are reported under Section 16. The filing discloses direct and indirect holdings clearly: 13,600 direct shares after the purchases and 1,650 indirect via spouse. The disclosure meets reporting requirements and provides transparency on insider ownership; the transaction sizes do not, by themselves, imply a material shift in insider alignment with shareholders.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, Par Value 2.14 | 7 | $14.00 | $98.00 |
| Purchase | Common Stock, Par Value 2.14 | 243 | $13.97 | $3K |
| holding | Common Stock, Par Value 2.14 | -- | -- | -- |
Footnotes (1)
FAQ
What transactions did Michael A. Syrek report for BOTJ?
What is Michael Syrek's role at Bank of the James (BOTJ)?
Were any derivative transactions reported in this Form 4 for BOTJ?