Genasys (NASDAQ: GNSS) director now holds 197,285 shares
Rhea-AI Filing Summary
Genasys Inc. (GNSS) director R. Rimmy Malhotra purchased 1,000 shares of common stock on 2026-08-26 in an open market or private transaction at $1.545 per share. Following this transaction, he directly owns 197,285 common shares, and he also has indirect ownership interests in additional shares held by Nicoya Fund, LLC and Nicoya Genasys-SPV LLC as described in the footnotes.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
3 txns
Insider
Malhotra R. Rimmy
Role
Director
Bought
1,000 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $1.545 | $2K |
| holding | Common Stock F1 | -- | -- | -- |
| holding | Common Stock F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 197,285 shares (Direct);
Common Stock — 1,628,795 shares (Indirect, See footnote)
Footnotes (2)
- F1. Represents shares directly owned by Nicoya Fund, LLC, a Delaware limited liability company. Mr. Malhotra is managing member of Nicoya Capital, LLC, which is the managing member of Nicoya Fund, LLC.
- F2. Represents shares directly owned by Nicoya Genasys-SPV LLC, a Delaware limited liability company. Mr. Malhotra is managing member of Nicoya Capital, LLC, which is the managing member of Nicoya Genasys-SPV LLC.
Key Figures
Shares purchased: 1,000 shares of Common Stock
Purchase price per share: $1.545 per share
Direct shares following transaction: 197,285 shares of Common Stock
+2 more
5 metrics
Shares purchased
1,000 shares of Common Stock
Purchase transaction on 2026-08-26 by director R. Rimmy Malhotra
Purchase price per share
$1.545 per share
Open market or private purchase of 1,000 GNSS shares on 2026-08-26
Direct shares following transaction
197,285 shares of Common Stock
Direct ownership position after the 1,000-share purchase
Net buy shares
1,000 shares
Net share activity across reported non-derivative transactions in this Form 4
Holding entries
2 holding entries
Indirect ownership entries associated with Nicoya Fund, LLC and Nicoya Genasys-SPV LLC
Key Terms
open market or private transaction, indirect ownership, limited liability company, managing member
4 terms
open market or private transaction financial
"transaction_code_description: Purchase in open market or private transaction"
indirect ownership financial
"transaction_type: holding, ownership_type: indirect, ownership_code: I"
limited liability company financial
"Represents shares directly owned by Nicoya Fund, LLC, a Delaware limited liability company"
A limited liability company (LLC) is a business structure that separates the owners’ personal assets from the company’s debts and legal obligations, like a protective shield that keeps personal savings and property distinct from business risk. For investors, that protection reduces personal financial exposure and often brings flexible rules for profit sharing and taxes, but it can also affect how easily interests are bought or sold and how decisions are made.
managing member financial
"Mr. Malhotra is managing member of Nicoya Capital, LLC"
FAQ
What did GNSS director R. Rimmy Malhotra report on this Form 4?
He reported a purchase of 1,000 GNSS common shares on 2026-08-26 in an open market or private transaction at $1.545 per share, increasing his directly held position to 197,285 shares.
Is the reported Genasys (GNSS) trade under a Rule 10b5-1 plan?
The Form 4 indicates the Rule 10b5-1 checkbox is not checked (aff_10b5_one is false), so the reported 1,000-share purchase is not identified as being made under a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
