GENK Form 4: Director Michael Cowan acquires 6,000 shares
Rhea-AI Filing Summary
GEN Restaurant Group, Inc. (GENK) director Michael Cowan purchased 6,000 shares of Class A common stock on 07/25/2025 at $4.20 per share, increasing his beneficial ownership to 40,167 shares. The Form 4 was filed individually and signed by attorney-in-fact Thomas S. Croal on 08/15/2025. No derivative transactions or additional details were reported.
Positive
- Director Michael Cowan reported an acquisition of 6,000 Class A common shares on 07/25/2025 at $4.20 per share
- Beneficial ownership increased to 40,167 shares following the transaction
- Form 4 filed individually and executed by attorney-in-fact, showing procedural compliance
Negative
- None.
Insights
TL;DR: A small insider purchase: 6,000 shares at $4.20, raising direct holdings to 40,167 shares.
The reported transaction is a straightforward non-derivative acquisition by a company director. The size of the purchase relative to total reported holdings is modest and the filing shows no options, sales, or derivative activity. For investors, this is a factual disclosure of insider activity without additional financial metrics or context in the filing.
TL;DR: Governance disclosure filed properly; director reported direct purchase and filing executed by attorney-in-fact.
The Form 4 indicates compliance with Section 16 reporting: the reporting person is identified as a director, the transaction date and price are provided, and the form bears a signature by attorney-in-fact. There are no amendments, derivative positions, or indications of aggregated group filings in this document.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Class A Common Stock | 6,000 | $4.20 | $25K |
FAQ
What transaction did GENK director Michael Cowan report on Form 4?
Was the Form 4 filed jointly or by one reporting person for GENK?
Are there any derivative securities reported for Michael Cowan in this Form 4?
Who signed the Form 4 for Michael Cowan and when?
AI-generated analysis. How Rhea-AI works. Not financial advice.