Mount Logan CFO buys 1,000 shares at $3.24
Mount Logan Capital’s chief financial officer increased his direct shareholdings through an open-market purchase.
Rhea-AI Filing Summary
Mount Logan Capital Inc. (MLCI) reported that its Chief Financial Officer, Brandon Satoren, purchased 1,000 shares of common stock on September 2, 2026 in an open-market transaction at a weighted average price of $3.24 per share. Following this purchase, he directly holds 21,314 shares, including unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares
Net Buy
1 txn
Insider
Satoren Brandon
Role
Chief Financial Officer
Bought
1,000 shs ($3K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.001 per share F1, F2 | 1,000 | $3.24 | $3K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 21,314 shares (Direct)
Footnotes (2)
- F1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.21 to $3.26, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder 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 in this footnote.
- F2. Includes unvested restricted stock units.
Key Figures
Shares purchased: 1,000 shares
Weighted average purchase price: $3.24 per share
Purchase price range: $3.21–$3.26 per share
+1 more
4 metrics
Shares purchased
1,000 shares
Open-market purchase on September 2, 2026
Weighted average purchase price
$3.24 per share
Open-market purchase on September 2, 2026
Purchase price range
$3.21–$3.26 per share
Individual trades within reported transaction
Shares owned after transaction
21,314 shares
Direct holdings of CFO after September 2, 2026 purchase, including unvested RSUs
Key Terms
weighted average price, restricted stock units, open market
3 terms
weighted average price financial
"The price reported is a weighted average price."
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.
restricted stock units financial
"Includes unvested restricted stock units."
Restricted stock units are a type of company reward where employees are promised shares of stock, but they only fully own these shares after meeting certain conditions, like staying with the company for a set time. They matter because they can become valuable assets and are often used to motivate employees to help the company succeed.
open market financial
"Purchase in open market or private transaction"
An open market is a system where buying and selling of goods, services, or financial assets happen freely without restrictions or special controls. For investors, it means they can trade assets easily and quickly, which helps determine fair prices based on supply and demand. This environment encourages transparency and competition, making it easier to buy or sell with confidence.
FAQ
What insider transaction did MLCI disclose in this Form 4?
Mount Logan Capital’s Chief Financial Officer, Brandon Satoren, reported buying 1,000 shares of common stock in an open-market transaction on September 2, 2026 at a weighted average price of $3.24 per share.
Was the MLCI insider purchase made under a Rule 10b5-1 trading plan?
No. The filing indicates that the Rule 10b5-1 trading plan box is not checked, so this reported open-market purchase was not affirmed as made under a Rule 10b5-1 plan.
What type of security did the MLCI CFO acquire?
The transaction involved common stock of Mount Logan Capital Inc., with a par value of $0.001 per share, acquired in an open-market purchase.
AI-generated analysis. How Rhea-AI works. Not financial advice.