Heidmar CEO buys 20,000 shares at $1.22
Heidmar Maritime’s CEO reported a late-filed open-market purchase of 20,000 HMR shares and now controls over 26 million shares indirectly through an affiliated entity.
Rhea-AI Filing Summary
Heidmar Maritime Holdings Corp. (HMR) reported that Chief Executive Officer and director Pankaj Ramesh Khanna acquired 20,000 shares of common stock on June 24, 2026. The shares were bought at a weighted average price of $1.22 per share, in transactions ranging from $1.20 to $1.24, and were reported on a late-filed Form 4. Following this acquisition, he holds 92,567 shares directly and 26,238,379 shares indirectly through Rhea Marine Ltd., an entity over which he exercises investment control; no Rule 10b5-1 trading plan is reported.
Positive
- None.
Negative
- None.
Insider Trade Summary
Grant/Award: 20,000 shares
Grant/Award
2 txns
Insider
Khanna Pankaj Ramesh
Role
Chief Executive Officer
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Grant/Award | Common Stock, par value $0.001 per share F1 | 20,000 | $1.22 | $24K |
| holding | Common Stock, par value $0.001 per share F2 | -- | -- | -- |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 92,567 shares (Direct);
Common Stock, par value $0.001 per share — 26,238,379 shares (Indirect, See footnote)
Footnotes (2)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.20 to $1.24, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in this footnote. Due to an inadvertent administrative oversight, this Form 4 is being filed late.
- F2. These common shares are held by Rhea Marine Ltd., an entity over which the Reporting Person exercises investment control.
Key Figures
Shares acquired: 20,000 shares
Weighted average purchase price: $1.22 per share
Price range of purchases: $1.20–$1.24 per share
+2 more
5 metrics
Shares acquired
20,000 shares
Common stock acquired on June 24, 2026
Weighted average purchase price
$1.22 per share
Average price for 20,000 shares bought June 24, 2026
Price range of purchases
$1.20–$1.24 per share
Range of prices for the open-market trades on June 24, 2026
Direct holdings after transaction
92,567 shares
Common stock held directly by the reporting person after June 24, 2026
Indirect holdings after transaction
26,238,379 shares
Common stock held indirectly through Rhea Marine Ltd.
Key Terms
weighted average price, indirect, investment control, Form 4
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
indirect financial
"These common shares are held by Rhea Marine Ltd., an entity over which"
investment control financial
"an entity over which the Reporting Person exercises investment control."
Form 4 regulatory
"Due to an inadvertent administrative oversight, this Form 4 is being filed late."
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did HMR’s CEO report on this Form 4?
Heidmar Maritime (HMR) CEO Pankaj Ramesh Khanna reported acquiring 20,000 shares of common stock on June 24, 2026, as a grant, award, or other acquisition. The filing states the shares were purchased in multiple open-market transactions.
Was the Form 4 for HMR’s CEO filed on time?
No. A footnote states that, due to an inadvertent administrative oversight, the Form 4 was filed late, even though it reports the June 24, 2026 transactions.
Who holds the large indirect HMR stake reported for the CEO?
The 26,238,379 indirect shares are held by Rhea Marine Ltd.. A footnote explains these common shares are held by that entity, over which the reporting person exercises investment control.
AI-generated analysis. How Rhea-AI works. Not financial advice.
