Mount Logan (MLCI) CFO boosts holdings with 500-share buy
Rhea-AI Filing Summary
Mount Logan Capital Inc. (MLCI) reported that Chief Financial Officer Brandon Satoren purchased 500 shares of common stock on August 20, 2026 at $3.20 per share in an open-market or private transaction. Following this purchase, he directly holds 20,314 shares, which include unvested restricted stock units.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 500 shares
Net Buy
1 txn
Insider
Satoren Brandon
Role
Chief Financial Officer
Bought
500 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.001 per share F1 | 500 | $3.20 | $2K |
Holdings After Transaction:
Common Stock, par value $0.001 per share — 20,314 shares (Direct)
Footnotes (1)
- F1. Includes unvested restricted stock units.
Key Figures
Shares purchased: 500 shares
Purchase price per share: $3.20 per share
Shares held after transaction: 20,314 shares
3 metrics
Shares purchased
500 shares
Common stock purchased on August 20, 2026
Purchase price per share
$3.20 per share
Price for the 500 common shares bought on August 20, 2026
Shares held after transaction
20,314 shares
Direct holdings of CFO Brandon Satoren after the purchase, including unvested RSUs
Key Terms
restricted stock units, open market or private transaction, beneficial ownership
3 terms
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"
beneficial ownership financial
"Includes unvested restricted stock units."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transaction did MLCI report for CFO Brandon Satoren?
Mount Logan Capital Inc. reported that Chief Financial Officer Brandon Satoren purchased 500 shares of common stock on August 20, 2026 at $3.20 per share in a transaction classified as a purchase in the open market or a private transaction.
Was the August 20, 2026 MLCI insider trade made under a Rule 10b5-1 plan?
No. The filing indicates the Rule 10b5-1 checkbox is not affirmed, meaning the reported August 20, 2026 purchase of 500 shares by CFO Brandon Satoren was not identified as being made pursuant to a Rule 10b5-1 trading plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.