Hurco (HURC) director reports 1,450-share open-market stock purchases
Rhea-AI Filing Summary
HURCO COMPANIES INC director Janaki Sivanesan reported open-market purchases of a total of 1,450 shares of common stock, including 550 shares held directly and additional shares held indirectly for three children. Prices were reported at $16.00 and $16.50 per share. The filing also reports indirect holdings of 700 shares for one child and 34 shares in a spouse’s IRA. A footnote states these transactions followed an instruction given in late June 2025 that was inadvertently not cancelled before execution.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,450 shares
Net Buy
5 txns
Insider
Sivanesan Janaki
Role
Director
Bought
1,450 shs ($24K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 300 | $16.00 | $5K |
| Purchase | Common Stock | 550 | $16.50 | $9K |
| Purchase | Common Stock | 600 | $16.50 | $10K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 37,199 shares (Direct);
Common Stock — 600 shares (Indirect, By Child 2);
Common Stock — 300 shares (Indirect, By Child 3);
Common Stock — 700 shares (Indirect, By Child 1);
Common Stock — 34 shares (Indirect, By Spouse's IRA)
Footnotes (1)
- F1. Each of the reported transactions was pursuant to an instruction provided by the reporting person in late June 2025 that was inadvertently not cancelled by the reporting person prior to its respective execution.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transactions did HURCO (HURC) director Janaki Sivanesan report?
Director Janaki Sivanesan reported open-market purchases totaling 1,450 shares of Hurco common stock. These include 550 shares held directly and additional shares held indirectly for family members, at reported prices of $16.00 and $16.50 per share.
What does the footnote in Janaki Sivanesan’s HURCO Form 4 explain?
The footnote explains that each reported transaction followed an instruction provided in late June 2025 that was inadvertently not cancelled before execution. This clarifies that the trades were carried out under a prior standing instruction rather than a new decision at execution time.