Comstock director buys 24,410 shares at $3.97
Comstock Inc. director Robert Spence reported an open-market purchase of common stock.
Sentiment and the balance of points
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Form Type
4
Rhea-AI Filing Summary
Comstock Inc. director Robert Spence reported an open-market purchase of common stock. He bought 24,410 shares at a weighted average price of $3.97 per share, increasing his direct holdings to 32,403 shares.
The purchase was executed in multiple trades on that date at prices ranging from $3.945 to $3.99 per share, with the reported price reflecting the weighted average across those trades.
Insider Trade Summary
Net Buyer: 24,410 shares
Net Buy
1 txn
Insider
SPENCE ROBERT
Role
Director
Bought
24,410 shs ($97K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 24,410 | $3.97 | $97K |
Holdings After Transaction:
Common Stock — 32,403 shares (Direct)
Footnotes (1)
- F1. In accordance with Securities and Exchange Commission ("SEC") guidance authorizing aggregate reporting of same-day purchases and sales, the shares were purchased in multiple transactions at prices ranging from $3.9450 to $3.9900 per share, inclusive. The price reported above reflects the weighted average purchase price of trades occurring within that price range. The reporting person undertakes to provide to Comstock Inc. (the "Issuer"), any security holder of the Issuer, or the staff of the SEC, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.
Key Figures
Shares purchased: 24,410 shares
Weighted average price: $3.97 per share
Price range: $3.945–$3.99 per share
+2 more
5 metrics
Shares purchased
24,410 shares
Open-market purchase of Comstock Inc. common stock
Weighted average price
$3.97 per share
Average price paid across multiple trades
Price range
$3.945–$3.99 per share
Range of trade prices on transaction date
Holdings after transaction
32,403 shares
Robert Spence direct ownership after purchase
Buy transactions count
1 net buy
TransactionSummary shows one buy and no sales
Key Terms
open-market purchase, weighted average purchase price, beneficial ownership, aggregate reporting
4 terms
open-market purchase financial
"the transaction is described as an open-market purchase of common stock"
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.
weighted average purchase price financial
"The price reported above reflects the weighted average purchase price of trades"
The weighted average purchase price is the average cost per share you paid across multiple buys, calculated so larger purchases count more than smaller ones. Imagine buying apples at different prices: the overall price you effectively paid depends on how many apples you bought at each price. Investors use it to measure true cost basis, calculate gains or losses, decide when to sell, and manage taxes and portfolio performance.
beneficial ownership financial
"full information regarding the number of shares purchased at each separate price"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
aggregate reporting regulatory
"SEC guidance authorizing aggregate reporting of same-day purchases and sales"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did Comstock Inc. (LODE) report for Robert Spence?
Comstock Inc. disclosed that director Robert Spence bought 24,410 shares of common stock. The shares were acquired in an open-market purchase, reflecting a direct increase in his personal holdings as reported in the insider filing.
Was the Comstock Inc. (LODE) insider trade by Robert Spence a purchase or sale?
The insider trade by Robert Spence was a purchase of Comstock Inc. common stock. The filing identifies the transaction as an open-market buy, with no sales, gifts, or tax-withholding dispositions reported for the same date.
AI-generated analysis. How Rhea-AI works. Not financial advice.
