EON Resources CFO buys 100,000 shares
EON Resources Inc. Chief Financial Officer and director Trotter Mitchell reported an open-market purchase of 100,000 shares of Class A Common Stock.
Rhea-AI Filing Summary
EON Resources Inc. Chief Financial Officer and director Trotter Mitchell reported an open-market purchase of 100,000 shares of Class A Common Stock. The weighted average purchase price was $0.3589 per share, and his direct ownership increased to 154,398 shares after the transaction.
The filing explains that the price is a weighted average for multiple trades executed between $0.3348 and $0.3649 per share, and Mitchell has agreed to provide full trade details to interested parties upon request.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 100,000 shares
Net Buy
1 txn
Insider
Trotter Mitchell
Role
Chief Financial Officer
Bought
100,000 shs ($36K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 100,000 | $0.3589 | $36K |
Holdings After Transaction:
Class A Common Stock — 154,398 shares (Direct)
Footnotes (1)
- F1. Weighted average price. These shares were sold in multiple transactions at prices ranging from $0.3348 to $0.3649 inclusive. The reporting person undertakes to provide 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 sold at each separate price within the range set forth above.
FAQ
What insider transaction did EON Resources (EONR) report for Trotter Mitchell?
EON Resources reported that CFO and director Trotter Mitchell bought 100,000 shares of Class A Common Stock. The open-market purchase increased his direct holdings to 154,398 shares, signaling a larger personal stake in the company’s equity.
What does a weighted average price mean in the EONR insider purchase?
Weighted average price means the 100,000 shares were bought at various prices, averaged based on share volume at each price. For this transaction, the weighted average was $0.3589, with individual trades between $0.3348 and $0.3649 per share.
AI-generated analysis. How Rhea-AI works. Not financial advice.