Mount Logan Capital (MLCI) CFO adds 2,000 shares in August buys
Rhea-AI Filing Summary
Mount Logan Capital Inc. (MLCI) reported that its Chief Financial Officer, Satoren Brandon, purchased common stock in two open-market transactions. On August 17, 2026, he bought 1,000 shares at a weighted average price of $3.13 per share, with individual trade prices between $3.05 and $3.21. On August 18, 2026, he bought an additional 1,000 shares at a weighted average price of $3.02 per share, with prices between $3.00 and $3.03. The holdings figure referenced in the filing includes unvested restricted stock units, and the purchases are reported as directly owned and not made under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 2,000 shares
Net Buy
2 txns
Insider
Satoren Brandon
Role
Chief Financial Officer
Bought
2,000 shs ($6K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.001 per share F3, F2 | 1,000 | $3.02 | $3K |
| Purchase | Common Stock, par value $0.001 per share F1, F2 | 1,000 | $3.13 | $3K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 19,814 shares (Direct)
Footnotes (3)
- F1. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.05 to $3.21, 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.
- F3. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.00 to $3.03, 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.
Key Figures
Shares purchased 2026-08-17: 1,000 shares
Weighted average price 2026-08-17: $3.13 per share
Price range 2026-08-17: $3.05–$3.21 per share
+4 more
7 metrics
Shares purchased 2026-08-17
1,000 shares
Common stock purchased by CFO at weighted average $3.13 per share
Weighted average price 2026-08-17
$3.13 per share
Trades executed in a range from $3.05 to $3.21
Price range 2026-08-17
$3.05–$3.21 per share
Range of prices for the 1,000-share purchase on August 17, 2026
Shares purchased 2026-08-18
1,000 shares
Common stock purchased by CFO at weighted average $3.02 per share
Weighted average price 2026-08-18
$3.02 per share
Trades executed in a range from $3.00 to $3.03
Price range 2026-08-18
$3.00–$3.03 per share
Range of prices for the 1,000-share purchase on August 18, 2026
Total shares purchased
2,000 shares
Sum of both reported open-market purchases by the CFO in August 2026
Key Terms
weighted average price, restricted stock units, open market or private transaction
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 or private transaction financial
"Purchase in open market or private transaction"
FAQ
What insider buying did MLCI disclose for its CFO, Satoren Brandon?
MLCI disclosed that CFO Satoren Brandon purchased a total of 2,000 common shares in August 2026. He bought 1,000 shares on August 17 at a weighted average of $3.13 and 1,000 shares on August 18 at a weighted average of $3.02.
Does the MLCI Form 4 state whether these trades were under a Rule 10b5-1 plan?
The Form 4 indicates the trades were not made under a Rule 10b5-1 trading plan. The document-level 10b5-1 checkbox is explicitly unchecked, so the reported August 2026 purchases are not affirmed as pre-arranged plan transactions.
What does the Form 4 say about the CFO’s MLCI holdings after these purchases?
The Form 4 notes that the reported holdings include unvested restricted stock units, but it does not list a specific post-transaction share total. The ownership is reported as direct, covering both purchased shares and unvested RSUs together.
AI-generated analysis. How Rhea-AI works. Not financial advice.