Mesa Labs CEO-linked trust buys 7,093 shares
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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.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 7,093 | $112.80 | $800K |
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
Key Terms
indirect ownership financial
pecuniary interest financial
private transaction financial
trustee financial
FAQ
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What insider transaction did MLAB President and CEO Siddhartha Kadia report on this Form 4?
AI-generated analysis. How Rhea-AI works. Not financial advice.