Mesa Labs (NASDAQ: MLAB) CEO trust buys shares from board chair
Rhea-AI Filing Summary
Mesa Laboratories (MLAB) President and CEO Siddhartha Kadia reported that the Anjou Parekh Lifetime Access Trust, for which his spouse serves as trustee, purchased 7,093 shares of Common Stock at $112.80 per share in a private transaction from Board Chair John Sullivan. The trust now holds 7,093 shares, reported as indirect ownership. Kadia disclaims beneficial ownership of the trust’s shares except to the extent of his pecuniary interest. The transaction was not reported as made under a Rule 10b5-1 trading plan.
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Insights
Analyzing...
Insider Trade Summary
Net Buyer: 7,093 shares
Net Buy
1 txn
Insider
Kadia Siddhartha
Role
President and CEO
Bought
7,093 shs ($800K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 7,093 | $112.80 | $800K |
Holdings After Transaction:
Common Stock — 7,093 shares (Indirect, By Trust)
Footnotes (2)
- F1. Represents shares purchased directly in a private transaction from John Sullivan, Mesa Board Chair by the Anjou Parekh Lifetime Access Trust for which the reporting person's spouse serves as trustee.
- F2. Represents shares held by the Anjou Parekh Lifetime Access Trust for which the reporting person's spouse serves as trustee. The reporting person disclaims beneficial ownership of the securities held by the trust except to the extent of his pecuniary interest therein.
Key Figures
Shares purchased: 7,093 shares
Purchase price: $112.80 per share
Shares held after transaction: 7,093 shares
+1 more
4 metrics
Shares purchased
7,093 shares
Common Stock acquired by related trust on 2026-08-13
Purchase price
$112.80 per share
Price paid in private transaction for MLAB Common Stock
Shares held after transaction
7,093 shares
Indirectly held by Anjou Parekh Lifetime Access Trust following purchase
Net shares bought
7,093 shares
Net buy volume across all reported transactions in this Form 4
Key Terms
indirect ownership, pecuniary interest, private transaction, trustee
4 terms
indirect ownership financial
"These shares are reported as indirect ownership held by a related trust"
pecuniary interest financial
"disclaims beneficial ownership except to the extent of his pecuniary interest"
private transaction financial
"shares purchased directly in a private transaction from John Sullivan"
A private transaction is the sale or transfer of securities, assets, or ownership stakes carried out directly between a small number of parties rather than on a public exchange. For investors it matters because these deals are less visible and often less liquid than public trades, so pricing can be harder to verify, the investment can be harder to sell quickly, and buyers or sellers may gain strategic advantages not available in open markets — like negotiated terms similar to a private garage sale versus a crowded marketplace.
trustee financial
"for which the reporting person's spouse serves as trustee"
A trustee is a person or institution legally appointed to hold and manage assets or enforce an agreement on behalf of other people (beneficiaries). Think of a trustee as a neutral referee or custodian who must act in the beneficiaries’ best interests, follow the trust or contract rules, and handle distributions, recordkeeping and enforcement. Investors care because a trustworthy trustee protects their rights, ensures promised payments or remedies are delivered, and can influence recoveries if things go wrong.
FAQ
What insider transaction did MLAB President and CEO Siddhartha Kadia report on this Form 4?
Kadia reported that a related trust purchased 7,093 MLAB common shares at $112.80 in a private transaction from Board Chair John Sullivan. The shares are held indirectly by the Anjou Parekh Lifetime Access Trust, with Kadia’s spouse serving as trustee.
AI-generated analysis. How Rhea-AI works. Not financial advice.