Bloomia (TULP) Co-CEO exercises subscription rights to add 24,691 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Bloomia Holdings Co-CEO Philp Daniel C. exercised subscription rights described as an out-of-the-money derivative security, acquiring 24,691 shares of common stock at $4.05 per share on April 1, 2026. Following the transaction, he directly owns 85,190 common shares of Bloomia Holdings.
Positive
- None.
Negative
- None.
Insider Trade Summary
2 transactions reported
Mixed
2 txns
Insider
Philp Daniel C.
Role
Co-CEO
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| O | Subscription Rights (right to buy) | 11,431 | $0.00 | -- |
| O | Common Stock, par value $0.01 per share | 24,691 | $4.05 | $100K |
Holdings After Transaction:
Subscription Rights (right to buy) — 0 shares (Direct);
Common Stock, par value $0.01 per share — 85,190 shares (Direct)
Footnotes (1)
Key Figures
Common shares acquired: 24,691 shares
Exercise price: $4.05 per share
Subscription rights quantity: 11,431 rights
+1 more
4 metrics
Common shares acquired
24,691 shares
Shares of common stock acquired via subscription rights on April 1, 2026
Exercise price
$4.05 per share
Price per share paid when exercising subscription rights
Subscription rights quantity
11,431 rights
Subscription Rights (right to buy) derivative position referenced in the filing
Shares owned after transaction
85,190 shares
Total direct Bloomia common stock holdings following the Form 4 transaction
Key Terms
Subscription Rights, out-of-the-money derivative security, Common Stock, par value $0.01 per share
3 terms
Subscription Rights financial
"Security title listed as "Subscription Rights (right to buy)""
Subscription rights are short-term privileges given to existing shareholders to buy additional new shares before the general public, typically at a set price and in proportion to their current holdings. Think of it as getting a coupon for first dibs on extra slices of a pizza so your share of the pie doesn’t shrink; exercising them can be a cheaper way to maintain your ownership and voting power, while ignoring them can reduce your stake and potential future earnings.
out-of-the-money derivative security financial
"Transaction described as "Exercise of out-of-the-money derivative security""
FAQ
What did Bloomia Holdings (TULP) Co-CEO Philp Daniel C. report on this Form 4?
Co-CEO Philp Daniel C. reported exercising subscription rights to acquire 24,691 shares of Bloomia common stock at $4.05 per share. The transaction is characterized as an exercise of an out-of-the-money derivative security rather than an open-market purchase or sale.
What type of security did the Bloomia Holdings (TULP) Co-CEO exercise?
He exercised subscription rights classified as an out-of-the-money derivative security. These rights allowed him to purchase underlying common stock at a specified $4.05 price, converting a derivative position into actual Bloomia shares through a contractual mechanism rather than a standard market buy.
Was the Bloomia Holdings (TULP) Form 4 transaction an open-market buy or sell?
The transaction was not flagged as a traditional open-market buy or sell. Instead, it is described as an exercise of an out-of-the-money derivative security, meaning the Co-CEO used subscription rights to obtain shares under preset terms rather than trading directly on the market.