Iridex (IRIX) Director Disclosure: 12,024 Share Purchase Reported
Rhea-AI Filing Summary
William M. Moore, a director of Iridex Corporation (IRIX), reported purchases of the company’s common stock on 08/18/2025. The filing shows he acquired 12,024 shares at a weighted average price of $1.1834 per share (prices ranged from $1.175 to $1.1899). After the purchases, Mr. Moore directly beneficially owned 200,674 shares. The filing also discloses indirect holdings of 69,300 shares held by his spouse and 30,026 shares held in two trusts where he and his spouse serve as trustees/tenants in common. The Form 4 was signed on behalf of Mr. Moore by an attorney-in-fact on 08/19/2025.
Positive
- Insider purchase disclosed: Director acquired 12,024 shares, increasing direct stake to 200,674 shares, enhancing transparency
- Price transparency: Filing provides weighted average price $1.1834 and range $1.175–$1.1899 and offers to disclose per-transaction prices
Negative
- None.
Insights
TL;DR: Director purchased 12,024 IRIX shares at ~$1.18, modestly increasing direct ownership to 200,674 shares.
The purchase is a routine insider acquisition disclosed on a Form 4. The weighted average price and disclosed price range are provided, and the filing separates direct and indirect holdings including spouse and trust ownership. There are no derivative transactions or other material changes reported. This disclosure provides transparency on insider ownership but does not, by itself, signal a material corporate event.
TL;DR: Governance disclosure is complete for this transaction; ownership structure and trustee details are specified.
The Form 4 identifies the reporting person as a director and details both direct and indirect beneficial ownership, including trusts with specific dates. The filing includes an explanation of the weighted average purchase price and a statement offering to provide per-price allocation if requested. Signature was executed by an attorney-in-fact, as noted.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 12,024 | $1.1834 | $14K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock | -- | -- | -- |
Footnotes (1)
- The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $1.175 to $1.1899, inclusive. The reporting person undertakes to provide to the Issuer, any security holder of the issuer or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price. The shares are held by William M. Moore Trust, William M. Moore, Trustee Under Agreement Dated 08/16/2016 & Patricia A. Moore Trust, Patricia A. Moore, Trustee Under Agreement Dated 08/17/2016 Tenants in Common.
