Ideal Power (IPWR) director adds 5,250 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Ideal Power Inc. director Michael C. Turmelle bought 5,250 shares of Common Stock in an open-market transaction at $7.60 per share. Following this purchase, he directly holds 83,582 shares of Ideal Power stock, making the trade a relatively small addition to his existing position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,250 shares ($39,900)
Net Buy
1 txn
Insider
TURMELLE MICHAEL C
Role
null
Bought
5,250 shs ($40K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 5,250 | $7.60 | $40K |
Holdings After Transaction:
Common Stock — 83,582 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 5,250 shares
Purchase price: $7.60 per share
Shares owned after transaction: 83,582 shares
+1 more
4 metrics
Shares purchased
5,250 shares
Open-market purchase of Common Stock
Purchase price
$7.60 per share
Price paid in the reported transaction
Shares owned after transaction
83,582 shares
Direct holdings after purchase
Net buy shares
5,250 shares
Net change in position in this Form 4
Key Terms
open-market purchase, Common Stock, Form 4
3 terms
open-market purchase financial
"classified as an open-market purchase at $7.60 per share"
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
"bought 5,250 shares of Common Stock in the transaction"
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.
Form 4 regulatory
"as disclosed in the Form 4 insider filing"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
FAQ
What insider transaction did Ideal Power (IPWR) director Michael Turmelle report?
Michael C. Turmelle reported buying 5,250 Ideal Power shares in an open-market transaction. He paid $7.60 per share, and the transaction involved Common Stock, as disclosed in the Form 4 insider filing.
Was the Ideal Power (IPWR) insider transaction a purchase or a sale?
The transaction was a purchase, classified as an open-market transaction. The Form 4 shows a buy of 5,250 Common Stock shares at $7.60 per share, with no concurrent sales reported in this filing.
What type of security did the Ideal Power (IPWR) director acquire?
The director acquired Ideal Power Common Stock. The Form 4 specifies a non-derivative transaction, meaning he bought actual shares rather than options or other derivative securities in this reported trade.