Envela Corp (ELA) CFO adds 55 shares in open-market stock purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Envela Corp CFO John Garrett DeLuca reported an open-market purchase of 55 shares of Common Stock at $23.94 per share. Following this transaction, he directly owns 3,196 shares. This filing reflects a small increase in his personal equity stake in the company.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 55 shares ($1,317)
Net Buy
1 txn
Insider
DeLuca John Garrett
Role
CFO
Bought
55 shs ($1K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 55 | $23.94 | $1K |
Holdings After Transaction:
Common Stock — 3,196 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 55 shares
Purchase price: $23.94 per share
Shares owned after transaction: 3,196 shares
3 metrics
Shares purchased
55 shares
Open-market purchase of Common Stock
Purchase price
$23.94 per share
Price paid in the reported transaction
Shares owned after transaction
3,196 shares
Direct holdings following the purchase
Key Terms
open-market purchase, Common Stock, non-derivative, direct ownership
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.
Common Stock financial
"security_title: "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
non-derivative financial
"transaction_type: "non-derivative""
direct ownership financial
"ownership_type: "direct" and ownership_code: "D""
FAQ
What insider transaction did Envela Corp (ELA) disclose in this Form 4?
Envela Corp disclosed that CFO John Garrett DeLuca made an open-market purchase of 55 shares of Common Stock. The transaction was reported as a routine non-derivative acquisition under transaction code P in the insider trading report.
What does transaction code P mean in the Envela Corp (ELA) Form 4?
Transaction code P in the Envela Corp filing denotes a purchase in an open market or private transaction. In this case, it confirms the CFO’s acquisition of 55 Common Stock shares was a straightforward buy rather than an option exercise or other derivative event.
Was the Envela Corp (ELA) CFO’s transaction direct or through an intermediary entity?
The filing shows the transaction as direct ownership, coded D for direct. There are no footnote disclosures indicating voting or investment control by another entity, so the 3,196 total shares are reported as directly held by the CFO himself.