Hurco Companies (HURC) Chair’s $37K Stock Purchase Signals Confidence

Rhea-AI Filing Summary

Hurco Companies, Inc. (HURC) – Form 4 Insider Transaction

Executive Chairman and Director Michael Doar reported an open-market purchase (transaction code “P”) of 2,000 shares of Hurco common stock on 26 June 2025 at an average price of $18.50 per share, representing an investment of roughly $37,000. Following the purchase, Doar’s direct beneficial ownership increased to 223,460 shares. No derivative transactions were disclosed, and no insider sales were reported.

The purchase is modest relative to Doar’s existing stake (<1% incremental increase) but nonetheless signals incremental insider confidence. Because the dollar value is small versus typical trading volume and Hurco’s market capitalisation, the filing is unlikely to be materially price-moving on its own, yet it may be viewed positively by investors who track insider sentiment.

Positive

• Executive Chairman purchased 2,000 shares on the open market, indicating personal confidence in Hurco’s prospects.
• Total direct holdings increased to 223,460 shares, underscoring sustained insider alignment with shareholder interests.

Negative

• Purchase size is modest (≈$37k), representing less than 1% of the insider’s pre-existing stake and unlikely to influence valuation materially.

Insights

Equity Research Analyst

TL;DR: Small insider buy; positive sentiment signal but immaterial financially.

The Executive Chairman’s $37k open-market purchase marginally lifts total insider ownership and provides a qualitative vote of confidence in Hurco’s outlook. However, the purchase is less than 1% of his stake and de-minimis versus the company’s float, so valuation impact should be limited. Investors may treat it as a corroborative, not catalytic, data point.

Corporate Governance Specialist

TL;DR: Governance-friendly insider alignment; size limits impact.

Doar’s direct buy aligns leadership incentives with shareholders and confirms he is not divesting. The absence of 10b5-1 plan notation suggests discretionary confidence. Nonetheless, the small share count limits governance or signalling weight. Overall effect is neutral-to-slightly-positive on governance perception.

SEC Form 4

FORM 4

UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940

OMB APPROVAL

OMB Number:			3235-0287
Estimated average burden
hours per response:			0.5

Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).

Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.

1. Name and Address of Reporting Person^*

DOAR MICHAEL

(Last) (First) (Middle)

ONE TECHNOLOGY WAY

(Street)

INDIANAPOLIS IN 46268

(City) (State) (Zip)

2. Issuer Name and Ticker or Trading Symbol
HURCO COMPANIES INC [ HURC ]

5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)

X	Director		10% Owner
X	Officer (give title below)		Other (specify below)
	Executive Chairman

3. Date of Earliest Transaction (Month/Day/Year)
06/27/2025

4. If Amendment, Date of Original Filed (Month/Day/Year)

6. Individual or Joint/Group Filing (Check Applicable Line)

X	Form filed by One Reporting Person
	Form filed by More than One Reporting Person

Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3)	2. Transaction Date (Month/Day/Year)	2A. Deemed Execution Date, if any (Month/Day/Year)	3. Transaction Code (Instr. 8)		4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5)			5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4)	6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	7. Nature of Indirect Beneficial Ownership (Instr. 4)
			Code	V	Amount	(A) or (D)	Price
Common Stock	06/27/2025		P		2,000	A	$18.5	223,460	D

Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned (e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3)	2. Conversion or Exercise Price of Derivative Security	3. Transaction Date (Month/Day/Year)	3A. Deemed Execution Date, if any (Month/Day/Year)	4. Transaction Code (Instr. 8)		5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5)		6. Date Exercisable and Expiration Date (Month/Day/Year)		7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4)		8. Price of Derivative Security (Instr. 5)	9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4)	10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4)	11. Nature of Indirect Beneficial Ownership (Instr. 4)
				Code	V	(A)	(D)	Date Exercisable	Expiration Date	Title	Amount or Number of Shares

Explanation of Responses:

	/s/ Michael Doar	07/01/2025
	** Signature of Reporting Person	Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

FAQ

Who bought Hurco (HURC) shares in this Form 4 filing?

Michael Doar, Executive Chairman and Director, was the reporting person.

How many Hurco shares did Michael Doar purchase?

He bought 2,000 common shares.

What price was paid for the HURC shares?

The average purchase price was $18.50 per share.

What is Michael Doar’s total beneficial ownership after the transaction?

His direct holdings rose to 223,460 shares.

Was this a purchase or a sale of Hurco stock?

It was an open-market purchase (transaction code "P").

Does the Form 4 indicate any derivative transactions?

No derivative securities were acquired or disposed of in this filing.