GBank Financial (GBFH) director and fund buy 28,000 shares at $29
Rhea-AI Filing Summary
GBank Financial Holdings Inc. director Charles William Griege Jr. and an affiliated fund reported open-market purchases of 28,000 shares of common stock at $29.00 per share. The filing shows 24,000 shares acquired indirectly through Blue Lion Opportunity Master Fund LP and 4,000 shares acquired directly.
Following these transactions, indirect holdings attributed to the fund total 368,289 shares, while Griege’s direct holdings total 117,786 shares. The footnote states that shares are owned by Blue Lion Opportunity Master Fund LP and that Griege disclaims beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 28,000 shares
Net Buy
2 txns
Insider
Griege Charles William Jr., Blue Lion Opportunity Master Fund LP
Role
Director | Insider
Bought
28,000 shs ($812K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 4,000 | $29.00 | $116K |
| Purchase | Common Stock | 24,000 | $29.00 | $696K |
Holdings After Transaction:
Common Stock — 117,786 shares (Direct);
Common Stock — 368,289 shares (Indirect, By Blue Lion Opportunity Master Fund, LP)
Footnotes (1)
- F1. Shares are owned by Blue Lion Opportunity Master Fund, LP, a limited partnership formed under the laws of the Cayman Islands ("BLOMF"). The general partner of BLOMF is Blue Lion Opportunity GP, LLC a Delaware limited liability company ("BLOGP"). The Reporting Person is the sole member and President of BLOGP. The Reporting Person disclaims beneficial ownership of the securities owned by BLC except to the extent of his pecuniary interest therein, and the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16 or for any other purpose.
Key Figures
Total shares purchased: 28,000 shares
Purchase price: $29.00 per share
Indirect shares purchased: 24,000 shares
+4 more
7 metrics
Total shares purchased
28,000 shares
Open-market purchases of GBank Financial common stock
Purchase price
$29.00 per share
Price for both reported open-market purchases
Indirect shares purchased
24,000 shares
Acquired by Blue Lion Opportunity Master Fund LP
Direct shares purchased
4,000 shares
Acquired directly by Charles William Griege Jr.
Indirect holdings after trade
368,289 shares
Common stock held via Blue Lion Opportunity Master Fund LP
Direct holdings after trade
117,786 shares
Common stock held directly by Charles William Griege Jr.
Net buy direction
28,000 shares net buy
transactionSummary netBuySellShares and direction
Key Terms
open-market purchase, beneficial ownership, pecuniary interest, Section 16, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase" for both common stock transactions"
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.
beneficial ownership financial
"the inclusion of these shares in this report shall not be deemed an admission of beneficial ownership"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"disclaims beneficial ownership of the securities owned by BLC except to the extent of his pecuniary interest therein"
Section 16 regulatory
"shall not be deemed an admission of beneficial ownership of all of the reported shares for purposes of Section 16"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
indirect ownership financial
"direct_or_indirect: "I" and nature_of_ownership: "By Blue Lion Opportunity Master Fund, LP""
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did GBFH report in this Form 4?
The Form 4 reports open-market purchases totaling 28,000 shares of GBank Financial Holdings Inc. common stock at $29.00 per share. These were split between indirect purchases via a fund and direct purchases by director Charles William Griege Jr.