Full House Resorts director purchases 10,000 shares at $3.54 average
Rhea-AI Filing Summary
Eric J. Green, a director of Full House Resorts, Inc. (FLL), purchased 10,000 shares on 08/13/2025 at a weighted average price of $3.5368 per share. After the purchase he beneficially owns 233,959 shares directly and 3,429 shares indirectly through a family trust, bringing his combined position to 237,388 shares. The filing discloses the purchase price range was $3.52 to $3.54 and the Form 4 was signed by attorney-in-fact Lewis A. Fanger on 08/14/2025.
Positive
- Director purchase of 10,000 common shares on 08/13/2025 at a weighted average price of $3.5368
- Direct beneficial ownership increased to 233,959 shares following the transaction
- Indirect ownership disclosed of 3,429 shares via a family trust, showing transparent reporting
- Price range disclosure ($3.52 to $3.54) and offer to provide per-trade details aligns with Form 4 transparency expectations
Negative
- None.
Insights
TL;DR: Director purchase of 10,000 shares increases insider stake modestly; transaction size appears routine and non-material on its face.
The Form 4 shows a direct purchase of 10,000 common shares at a weighted average of $3.5368, executed on 08/13/2025, raising direct holdings to 233,959 shares. This is a clear purchase signal from an insider but the filing does not provide company-wide outstanding share count or percentage ownership, so materiality to market capitalization cannot be determined from this filing alone. No derivatives were reported. The disclosure of the price range ($3.52 to $3.54) and the reporting via attorney-in-fact follow regulatory norms.
TL;DR: Proper Section 16 disclosure filed for an insider purchase; documentation and footnote comply with Form 4 requirements.
The Form 4 identifies Eric J. Green as a director and details a non-derivative acquisition of 10,000 shares with a weighted average price and a footnote offering to provide per-trade quantities. The report is signed by an attorney-in-fact, which is acceptable, and includes indirect beneficial ownership via a family trust. There are no amendments or complex instruments disclosed. From a governance standpoint, the filing is complete and routine.