Educational Development Corp insider purchase: 4,000 shares at $1.26
Rhea-AI Filing Summary
Educational Development Corp (EDUC) director reported an open-market purchase of common stock. On 10/15/2025, the insider acquired 4,000 shares at $1.26 per share (Transaction Code: P), bringing total beneficial ownership to 8,529 shares, held directly. The filing notes the shares were issued as part of Board compensation.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 4,000 shares
Net Buy
1 txn
Insider
NEAL KARA GAE
Role
Director
Bought
4,000 shs ($5K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,000 | $1.26 | $5K |
Holdings After Transaction:
Common Stock — 8,529 shares (Direct)
Footnotes (1)
- F1. Shares issued as part of Board Compensation.
FAQ
What did EDUC's director report on Form 4?
A purchase of 4,000 shares of common stock at $1.26 on 10/15/2025 (Code P).
What is the insider’s relationship to EDUC?
The reporting person is a Director of Educational Development Corp.
Was the transaction under a Rule 10b5-1 plan?
The form includes the 10b5-1 checkbox language, but the excerpt does not indicate it was checked.
What does the explanation of responses state?
It states: Shares issued as part of Board Compensation.
AI-generated analysis. How Rhea-AI works. Not financial advice.