Director Stephanie Reed buys 13,513 EagleRock Land (EROK) Class A shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
EagleRock Land, LLC director Stephanie L. Reed bought 13,513 Class A shares in an open-market purchase. She paid $18.50 per share on this transaction, bringing her direct holdings to 13,513 Class A shares. The shares were purchased through the directed share program in the company’s initial public offering.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 13,513 shares ($249,991)
Net Buy
1 txn
Insider
Reed Stephanie L
Role
null
Bought
13,513 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A shares | 13,513 | $18.50 | $250K |
Holdings After Transaction:
Class A shares — 13,513 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 13,513 shares
Purchase price: $18.50 per share
Shares owned after transaction: 13,513 shares
+1 more
4 metrics
Shares purchased
13,513 shares
Open-market purchase of Class A shares
Purchase price
$18.50 per share
Price paid for Class A shares on transaction date
Shares owned after transaction
13,513 shares
Total direct Class A holdings post-transaction
Net buy shares
13,513 shares
Net change in buy/sell activity in this Form 4
Key Terms
directed share program, initial public offering, Class A shares, open-market purchase
4 terms
initial public offering financial
"purchased through the directed share program in the Issuer's initial public offering"
An initial public offering (IPO) is when a private company first sells its shares to the public and becomes a stock-listed company. It matters because it allows the company to raise money from a wide range of investors, helping it grow, while giving early shareholders a way to sell some of their ownership.
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.
FAQ
What insider transaction did EagleRock Land (EROK) report?
EagleRock Land reported that director Stephanie L. Reed bought 13,513 Class A shares. The purchase was an open-market transaction executed through the directed share program connected to the company’s initial public offering at a price of $18.50 per share.
Is the EagleRock Land (EROK) insider transaction a buy or a sell?
The transaction is a buy. The Form 4 classifies it as an open-market purchase with transaction code P and explicitly describes it as a net-buy of 13,513 Class A shares by director Stephanie L. Reed.
Were derivatives involved in this EagleRock Land (EROK) insider transaction?
No derivatives were involved in this transaction. The filing shows only a non-derivative purchase of Class A shares, and the derivative holdings summary is empty, indicating no options, warrants, or similar instruments reported in this Form 4.