Friedman Industries (NYSE: FRD) COO buys 400 shares of stock
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Friedman Industries Chief Operating Officer Gaurav Chhibbar bought additional company stock in the open market. He purchased 400 shares of common stock at a price of $16.94 per share, bringing his direct holdings to 51,400 shares after the transaction.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 400 shares ($6,776)
Net Buy
1 txn
Insider
Chhibbar Gaurav
Role
Chief Operating Officer
Bought
400 shs ($7K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 400 | $16.94 | $7K |
Holdings After Transaction:
Common Stock — 51,400 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did FRD report for COO Gaurav Chhibbar?
FRD reported that Chief Operating Officer Gaurav Chhibbar bought 400 shares of Friedman Industries common stock in an open-market transaction. This purchase reflects a direct increase in his personal share ownership in the company.
At what price did FRD’s COO purchase Friedman Industries stock?
The COO bought Friedman Industries common stock at $16.94 per share. This price applies to the entire 400-share open-market purchase reported in the Form 4 insider transaction filing.
Was the Friedman Industries insider transaction a purchase or a sale?
The transaction was a purchase. The Form 4 shows an open-market buy of 400 Friedman Industries common shares by the company’s Chief Operating Officer, categorized under transaction code P for purchase.
Did the FRD Form 4 include any derivative securities activity?
No derivative securities were reported in this Form 4. The filing only shows a single non-derivative transaction, an open-market purchase of common stock, with no options, warrants, or other derivatives listed.