Horizon Technology Finance (HRZN) director buys 6,000 shares via trust
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Horizon Technology Finance Corp director Jonathan Joseph Goodman reported an open-market purchase of company stock. Acting as trustee for the Jonathan J. Goodman Revocable Trust, he bought 6,000 shares of common stock at $4.325 per share. Following this transaction, the trust’s indirect holdings in Horizon Technology Finance Corp increased to 8,312 shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,000 shares ($25,950)
Net Buy
1 txn
Insider
Goodman Jonathan Joseph
Role
null
Bought
6,000 shs ($26K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 6,000 | $4.325 | $26K |
Holdings After Transaction:
Common Stock — 8,312 shares (Indirect, As Trustee for Jonathan J. Goodman Revocable Trust)
Footnotes (1)
Key Figures
Shares purchased: 6,000 shares
Purchase price: $4.325 per share
Indirect holdings after transaction: 8,312 shares
3 metrics
Shares purchased
6,000 shares
Open-market purchase of Horizon Technology Finance common stock
Purchase price
$4.325 per share
Price paid for each common share in the reported transaction
Indirect holdings after transaction
8,312 shares
Total Horizon Technology Finance common shares held by revocable trust
Key Terms
open-market purchase, Common Stock, indirect ownership, Revocable Trust
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.
Common Stock financial
"security_title: Common Stock"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
indirect ownership financial
"ownership_type: indirect"
Revocable Trust financial
"As Trustee for Jonathan J. Goodman Revocable Trust"
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.
FAQ
What insider transaction did Horizon Technology Finance (HRZN) disclose?
Horizon Technology Finance disclosed that director Jonathan Joseph Goodman, through his revocable trust, made an open-market purchase of 6,000 shares of common stock at $4.325 per share, increasing the trust’s indirect holdings to 8,312 shares.
How is Jonathan Joseph Goodman’s ownership in HRZN structured?
Jonathan Joseph Goodman’s reported Horizon Technology Finance holdings are indirect, held as trustee for the Jonathan J. Goodman Revocable Trust. The Form 4 identifies the nature of ownership as indirect, rather than direct personal ownership, for the 8,312 common shares.