MarketWise director buys 20,100 shares
MarketWise, Inc. director and 10% owner Frank Porter Stansberry made an open-market purchase of 20,100 shares of Class A Common Stock.
Accepted by SEC EDGAR
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Form Type
4
Rhea-AI Filing Summary
MarketWise, Inc. director and 10% owner Frank Porter Stansberry made an open-market purchase of 20,100 shares of Class A Common Stock. The shares were bought at a weighted average price of $17.21 per share, in multiple trades between $16.77 and $17.49. Following this transaction, he directly owns 355,490 shares of MarketWise Class A Common Stock.
Insider Trade Summary
Net Buyer: 20,100 shares
Net Buy
1 txn
Insider
Stansberry Frank Porter
Role
Director, 10% Owner
Bought
20,100 shs ($346K)
Increase in Position
6.0%
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Class A Common Stock | 20,100 | $17.21 | $346K |
Holdings After Transaction:
Class A Common Stock — 355,490 shares (Direct)
Holdings Before and After:
Class A Common Stock, 335,390 to 355,490 shares (Direct)
Footnotes (1)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions ranging from $16.77 to $17.49, inclusive. The Reporting Person undertakes to provide to the Issuer, any securityholder 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 within the range set forth above.
Key Figures
Shares purchased: 20,100 shares
Weighted average purchase price: $17.21 per share
Post-transaction holdings: 355,490 shares
+2 more
5 metrics
Shares purchased
20,100 shares
Open-market buy of Class A Common Stock
Weighted average purchase price
$17.21 per share
Average price across multiple trades
Post-transaction holdings
355,490 shares
Direct ownership after the purchase
Trade price range low
$16.77 per share
Lowest price in reported trade range
Trade price range high
$17.49 per share
Highest price in reported trade range
Key Terms
open-market purchase, Class A Common Stock, weighted average price, Form 4
4 terms
open-market purchase financial
"The shares were bought in an open-market purchase of 20,100 shares"
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.
Class A Common Stock financial
"made an open-market purchase of 20,100 shares of Class A Common Stock"
Class A common stock is a category of a company’s shares that carries a specific set of ownership rights—most commonly defined voting power and claims on dividends—set out in the company’s charter. For investors it matters because the class determines how much influence you have over corporate decisions, the share’s likely dividend and trading behavior, and how it compares in value to other share classes, like choosing a particular seat with different privileges at the company’s decision-making table.
weighted average price financial
"The shares were bought at a weighted average price of $17.21"
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
Form 4 regulatory
"After the reported purchase, Frank Porter Stansberry directly owns 355,490 shares disclosed in the Form 4 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
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did MarketWise (MKTW) report for Frank Porter Stansberry?
MarketWise reported that director and 10% owner Frank Porter Stansberry bought 20,100 shares of Class A Common Stock. The purchase was an open-market transaction at a weighted average price of $17.21 per share, increasing his direct holdings to 355,490 shares.
What type of transaction was reported in the MarketWise (MKTW) Form 4?
The Form 4 reports an open-market purchase of non-derivative securities, specifically Class A Common Stock. The transaction is coded “P,” indicating a purchase in the open market or a private transaction, rather than an option exercise, gift, or tax-related disposition.
Does the MarketWise (MKTW) Form 4 disclose any derivative securities for Frank Porter Stansberry?
The filing’s derivative summary is empty, indicating no derivative transactions were reported in this Form 4. The only activity disclosed is the open-market purchase of 20,100 shares of Class A Common Stock, with updated direct share ownership of 355,490 shares.
AI-generated analysis. How Rhea-AI works. Not financial advice.
