Coda Octopus (NASDAQ: CODA) interim CFO sells 2,256 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Coda Octopus Group, Inc. interim CFO Gayle Michelle Jardine reported an open-market sale of 2,256 shares of common stock on March 19, 2026 at an average price of $12.5935 per share. After this transaction, she directly holds 2,500 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 2,256 shares ($28,411)
Net Sell
1 txn
Insider
Jardine Gayle Michelle
Role
Interim CFO
Sold
2,256 shs ($28K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | COMMON | 2,256 | $12.5935 | $28K |
Holdings After Transaction:
COMMON — 2,500 shares (Direct)
Footnotes (1)
Key Figures
Shares sold: 2,256 shares
Sale price: $12.5935 per share
Shares held after transaction: 2,500 shares
3 metrics
Shares sold
2,256 shares
Open-market sale of common stock on March 19, 2026
Sale price
$12.5935 per share
Average sale price for the reported transaction
Shares held after transaction
2,500 shares
Direct beneficial ownership following the sale
Key Terms
open-market sale, Form 4, beneficially owned
3 terms
open-market sale financial
"transaction_action: "open-market sale""
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
beneficially owned financial
"total_shares_following_transaction represents stock beneficially owned after the sale"
Beneficially owned describes securities or assets where a person has the economic rights and control—such as the right to receive dividends and to direct voting—even if legal title is held in another name. Think of it like having the keys and using a car that’s registered to someone else: you get the benefits and make decisions. Investors care because beneficial ownership reveals who truly controls value and voting power, affecting corporate decisions and takeover dynamics.
FAQ
What insider transaction did CODA’s interim CFO report on this Form 4?
The interim CFO of Coda Octopus Group reported an open-market sale of 2,256 common shares. The transaction took place on March 19, 2026 and was disclosed as a standard Form 4 insider trading report for the company.
Does this CODA Form 4 involve any derivative securities or options?
This Form 4 only reports activity in non-derivative common stock. The derivative summary section is empty, indicating there were no reported option exercises, warrant transactions, or other derivative security changes associated with this particular insider filing.