Grupo Financiero Galicia (NYSE: GGAL) director adds 402,967 shares in open-market buys
Rhea-AI Filing Summary
Grupo Financiero Galicia SA director Moret Silvestre Vila reported a series of open-market purchases of Class B Ordinary Shares. He bought 125,000 shares at $5.15 on June 26, 10,000 at $5.25 on June 29, 167,791 at $5.27 on June 30, 100,000 at $5.11 on July 1, and 176 at $5.46 on July 7, 2026. Following these transactions he directly holds 2,600,176 Class B shares. Reported U.S. dollar prices were derived from Argentine peso trading prices using an exchange rate of US$0.00067 per peso, and some prices are reported as weighted averages with intraday high-low ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 402,967 shares ($2,092,470)
Net Buy
5 txns
Insider
Moret Silvestre Vila
Role
Director
Bought
402,967 shs ($2.09M)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class B Ordinary Shares | 176 | $5.46 | $960.96 |
| Purchase | Class B Ordinary Shares | 100,000 | $5.11 | $511K |
| Purchase | Class B Ordinary Shares | 167,791 | $5.27 | $884K |
| Purchase | Class B Ordinary Shares | 10,000 | $5.25 | $53K |
| Purchase | Class B Ordinary Shares | 125,000 | $5.15 | $644K |
Holdings After Transaction:
Class B Ordinary Shares — 2,600,176 shares (Direct)
Footnotes (1)
- Reported prices have been converted from Argentine pesos to U.S. dollars using an exchange rate of US$0.00067 per Argentine peso. Represents the weighted average purchase price. The highest price at which shares were purchased was $5.18 and the lowest price at which shares were purchased was $5.13. Represents the weighted average purchase price. The highest price at which shares were purchased was $5.39 and the lowest price at which shares were purchased was $5.19. Represents the weighted average purchase price. The highest price at which shares were purchased was $5.14 and the lowest price at which shares were purchased was $5.07. Represents the weighted average purchase price. The highest price at which shares were purchased was $5.49 and the lowest price at which shares were purchased was $5.42.
Key Figures
Total shares bought: 402,967 shares
Post-transaction holdings: 2,600,176 shares
June 26, 2026 purchase: 125,000 shares at $5.15
+3 more
6 metrics
Total shares bought
402,967 shares
Aggregate Class B Ordinary Shares purchased across five open-market transactions
Post-transaction holdings
2,600,176 shares
Class B Ordinary Shares directly owned after the July 7, 2026 purchase
June 26, 2026 purchase
125,000 shares at $5.15
Open-market buy of Class B Ordinary Shares on June 26, 2026
June 30, 2026 purchase
167,791 shares at $5.27
Open-market buy of Class B Ordinary Shares on June 30, 2026
July 1, 2026 purchase
100,000 shares at $5.11
Open-market buy of Class B Ordinary Shares on July 1, 2026
FX conversion rate
US$0.00067 per Argentine peso
Exchange rate used to convert local trading prices into U.S. dollars
Key Terms
open-market purchase, Class B Ordinary Shares, weighted average purchase price, exchange rate
4 terms
open-market purchase financial
"transaction_action: open-market purchase"
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.
weighted average purchase price financial
"Represents the weighted average purchase price."
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
exchange rate financial
"using an exchange rate of US$0.00067 per Argentine peso"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did GGAL director Moret Silvestre Vila report?
Moret Silvestre Vila reported five open-market purchases of Grupo Financiero Galicia Class B Ordinary Shares between June 26 and July 7, 2026. Each transaction was a non-derivative buy in the market, increasing his directly held position in the company’s equity.
How were GGAL trade prices converted from Argentine pesos in this Form 4?
The reported U.S. dollar prices use an exchange rate of US$0.00067 per Argentine peso. A footnote explains that underlying trades occurred in pesos, with this conversion rate applied to present the prices in U.S. dollars for the filing.
Did the GGAL director report any derivative or option transactions in this filing?
No derivative or option transactions were reported. All five entries involve non-derivative Class B Ordinary Shares, coded as open-market purchases, and the derivative position summary section in the data contains no remaining derivative holdings from this filing.