Inseego (INSG) director buys 28,205 warrants at $12.12
Inseego Corp. (INSG) reported an insider derivatives transaction involving a director and 10% owner.
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Rhea-AI Filing Summary
Inseego Corp. (INSG) reported an insider derivatives transaction involving a director and 10% owner. On 11/12/2025, North Sound Trading, LP acquired 28,205 warrants to purchase Inseego common stock with a conversion or exercise price of $12.12 per share. These warrants are exercisable from 06/28/2024 and expire on 06/28/2028, and relate to 28,205 shares of common stock.
Following this transaction, 84,615 derivative securities are reported as beneficially owned on a direct basis. The securities are owned directly by North Sound Trading, LP. Brian Miller is the sole shareholder of North Sound Management, Inc., which is the general partner of North Sound Trading, so Mr. Miller and North Sound Management may be deemed to indirectly own the shares directly owned by North Sound Trading, and North Sound Trading and North Sound Management may be deemed directors by deputization.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Warrants to Purchase Common Stock | 28,205 | $4.43 | $125K |
Footnotes (1)
- F1. The securities are owned directly by North Sound Trading, LP, a Delaware partnership ("North Sound Trading"). Mr. Miller is the sole shareholder of North Sound Management, Inc., a Delaware corporation ("North Sound Management"), which in turn is the general partner of North Sound Trading. Mr. Miller and North Sound Management may be deemed to indirectly own the shares directly owned by North Sound Trading. Each of North Sound Trading and North Sound Management maybe deemed a director by deputization by virtue of their relationship with Mr. Miller, a director of the Issuer.
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