Friedman Industries (FRD) CEO increases holding to 222,266 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Friedman Industries President and CEO Mike J. Taylor reported an open-market purchase of common stock. On this transaction date, he bought 100 shares at a price of $18.00 per share. Following this trade, his directly held common stock position increased to 222,266 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100 shares ($1,800)
Net Buy
1 txn
Insider
Taylor Mike J
Role
President / CEO / Director
Bought
100 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 100 | $18.00 | $2K |
Holdings After Transaction:
Common Stock — 222,266 shares (Direct)
Footnotes (1)
FAQ
What insider transaction did FRIEDMAN INDUSTRIES INC (FRD) report?
FRIEDMAN INDUSTRIES INC reported that President and CEO Mike J. Taylor purchased 100 shares of common stock. The trade was an open-market purchase at a price of $18.00 per share, increasing his directly held stake in the company’s common stock.
Was the FRD insider transaction a purchase or a sale?
The FRIEDMAN INDUSTRIES insider transaction was a purchase. CEO Mike J. Taylor conducted an open-market buy of 100 shares of common stock, as indicated by transaction code “P” and the description “Purchase in open market or private transaction.”
Is the FRIEDMAN INDUSTRIES (FRD) CEO’s ownership direct or indirect after this trade?
The CEO’s ownership reported in this filing is direct. The Form 4 lists the ownership type as direct, with no footnotes describing trusts, partnerships, or other entities, meaning the 222,266 common shares are held directly by Mike J. Taylor.