Elite Pharmaceuticals director buys 30,000 shares at $0.287
ELITE PHARMACEUTICALS INC (ELTP) director Barry H Dash reported purchasing 30,000 shares of common stock on August 19, 2026, in a purchase described as an open market or private transaction at $0.287 per share.
Rhea-AI Filing Summary
ELITE PHARMACEUTICALS INC (ELTP) director Barry H Dash reported purchasing 30,000 shares of common stock on August 19, 2026, in a purchase described as an open market or private transaction at $0.287 per share.
After this buy, he directly owns 3,265,555 shares of ELTP common stock, and no Rule 10b5-1 plan is reported for this transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 30,000 shares
Net Buy
1 txn
Insider
Dash Barry H
Role
Director
Bought
30,000 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 30,000 | $0.287 | $9K |
Holdings After Transaction:
Common Stock — 3,265,555 shares (Direct)
Key Figures
Shares purchased: 30,000 shares
Price per share: $0.287 per share
Shares owned after transaction: 3,265,555 shares
3 metrics
Shares purchased
30,000 shares
Common stock bought on August 19, 2026 in an open market or private transaction
Price per share
$0.287 per share
Purchase price for the 30,000 ELTP common shares on August 19, 2026
Shares owned after transaction
3,265,555 shares
Total direct ELTP common stock holdings of Barry H Dash following the purchase
Key Terms
open market or private transaction, Rule 10b5-1 plan, direct ownership
3 terms
open market or private transaction financial
"Purchase in open market or private transaction description"
Rule 10b5-1 plan regulatory
"No Rule 10b5-1 plan is reported for this transaction"
A Rule 10b5-1 plan is a prearranged, written schedule that lets corporate insiders buy or sell company stock at set times or amounts, even if they later learn material nonpublic information. Think of it like setting an automatic thermostat for trades: it creates a clear record that trades were planned in advance, reducing the risk of insider-trading accusations and helping investors trust that insider transactions are routine rather than based on secret information.
direct ownership financial
"He directly owns 3,265,555 shares of ELTP common stock"
FAQ
What insider transaction was reported for ELTP on August 19, 2026?
A director of ELITE PHARMACEUTICALS INC, Barry H Dash, reported buying 30,000 shares of ELTP common stock on August 19, 2026 in a purchase described as an open market or private transaction at $0.287 per share.
Was the ELTP insider trade made under a Rule 10b5-1 plan?
No. The filing indicates that the Rule 10b5-1 checkbox is not affirmed, so no Rule 10b5-1 trading plan is reported in connection with this 30,000-share purchase of ELTP common stock.
Is the reported ELTP insider transaction a buy or a sell?
The reported insider transaction for ELTP is a buy. Barry H Dash purchased 30,000 shares of ELITE PHARMACEUTICALS INC common stock and increased his direct holdings to 3,265,555 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.