GPGI, Inc. (GPGI) director Krishna Mikkilineni buys shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
GPGI, Inc. director Krishna Mikkilineni reported an open‑market purchase of Class A Common Stock. On May 14, 2026, he bought 8,106.201 shares at $12.34 per share, bringing his directly held stake to 10,804.002 shares. He also indirectly holds 64,865 shares through a trust, which now includes 2,697.801 shares that were previously omitted from prior reports and had been reported as directly held.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,106.201 shares ($100,031)
Net Buy
2 txns
Insider
Mikkilineni Krishna
Role
null
Bought
8,106.201 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 8,106.201 | $12.34 | $100K |
| holding | Class A Common Stock | -- | -- | -- |
Holdings After Transaction:
Class A Common Stock — 10,804.002 shares (Direct, null);
Class A Common Stock — 64,865 shares (Indirect, By trust)
Footnotes (1)
- Includes 2,697.801 shares inadvertently omitted from the reporting person's prior reports. Inadvertently previously reported as directly held.
Key Figures
Open-market purchase: 8,106.201 shares
Purchase price: $12.34 per share
Direct holdings after trade: 10,804.002 shares
+2 more
5 metrics
Open-market purchase
8,106.201 shares
Class A Common Stock bought on May 14, 2026
Purchase price
$12.34 per share
Price for non-derivative open-market transaction
Direct holdings after trade
10,804.002 shares
Class A Common Stock held directly after May 14, 2026
Indirect trust holdings
64,865 shares
Class A Common Stock held indirectly by trust
Previously omitted shares
2,697.801 shares
Added to indirect trust position after prior omission
Key Terms
open-market purchase, Class A Common Stock, indirect ownership, By trust
4 terms
open-market purchase financial
"Purchase in open market or private transaction"
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.
Class A Common Stock financial
"security_title": "Class A Common Stock""
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
indirect ownership financial
"total_shares_following_transaction": "64865.0000" ... "ownership_type": "indirect""
By trust financial
""direct_or_indirect": "I", "nature_of_ownership": "By trust""
FAQ
What did GPGI director Krishna Mikkilineni report in this Form 4?
He reported buying 8,106.201 GPGI Class A shares in an open‑market transaction at $12.34 per share, increasing his directly held position to 10,804.002 shares as of May 14, 2026.
What corrections or adjustments were disclosed in the GPGI Form 4 footnotes?
The footnotes state that 2,697.801 shares were inadvertently omitted from prior reports and had been previously reported as directly held. These shares are now included in the 64,865 GPGI shares reported as held indirectly through a trust.