Hallador Energy (HNRG) director adds 15,000 shares through revocable trust purchase
Rhea-AI Filing Summary
Hallador Energy director Wesley Charles Ray IV reported an insider share purchase. A revocable trust associated with Ray bought 15,000 shares of Hallador Energy common stock in an open-market transaction at an average price of $16.6876 per share.
After this purchase, the Charles R. Wesley IV Revocable Trust held 338,469 shares of Hallador Energy common stock. Separately, Ray directly held 93,862 shares of common stock, which were listed as a holding entry without a new transaction on that date.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,000 shares
Net Buy
2 txns
Insider
Wesley Charles Ray IV
Role
Director
Bought
15,000 shs ($250K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 15,000 | $16.6876 | $250K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 338,469 shares (Indirect, By the Charles R. Wesley IV Revocable Trust);
Common Stock — 93,862 shares (Direct)
Footnotes (1)
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Key Figures
Shares purchased: 15,000 shares
Purchase price: $16.6876 per share
Trust holdings after transaction: 338,469 shares
+2 more
5 metrics
Shares purchased
15,000 shares
Open-market purchase of common stock
Purchase price
$16.6876 per share
Average price for 15,000-share buy
Trust holdings after transaction
338,469 shares
Charles R. Wesley IV Revocable Trust position
Direct holdings
93,862 shares
Directly held Hallador Energy common stock
Net buy shares
15,000 shares
Net change from reported buy transactions
Key Terms
open-market purchase, revocable trust, voting and dispositive power, indirect holdings
4 terms
open-market purchase financial
"bought 15,000 shares of Hallador Energy common stock in an open-market purchase at an average price"
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.
revocable trust financial
"A revocable trust associated with Ray bought 15,000 shares of Hallador Energy common stock"
A revocable trust is a legal arrangement where the person who creates it keeps control and can change or cancel the trust at any time, while naming who will manage and receive the assets later. Think of it like a flexible folder for your investments and property that can be relabeled or reworked as circumstances change; it matters to investors because it determines how ownership is recorded, how easily assets transfer on incapacity or death, and whether holdings bypass public probate proceedings.
voting and dispositive power financial
"may be deemed to have voting and dispositive power as to the shares held by the trust"
indirect holdings financial
"This post-transaction balance reflects the trust’s total indirect holdings as disclosed"
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did HNRG director Wesley Charles Ray IV report?
Wesley Charles Ray IV reported that a revocable trust associated with him purchased 15,000 shares of Hallador Energy common stock. The transaction was an open-market purchase at a disclosed average price of $16.6876 per share on the reported date.