Major MRDN holder linked to ex-CEO sells 38,616 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meridian Holdings Inc./NV (MRDN) reported insider stock sales by an entity associated with a major shareholder. Luxor Capital LLC, which is wholly-owned by former director and CEO Anthony Brian Goodman, sold a total of 38,616 shares of MRDN common stock in open-market transactions between April 8 and April 15, 2026 at prices generally between $6.90 and $7.03 per share. Following these sales, the filing shows 532,542 shares of common stock held directly, indicating Goodman remains a significant shareholder despite trimming his position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 38,616 shares ($270,299)
Net Sell
7 txns
Insider
Goodman Anthony Brian, Luxor Capital LLC
Role
10% Owner | Insider
Sold
38,616 shs ($270K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 6,900 | $6.93 | $48K |
| Sale | Common Stock | 100 | $6.90 | $690.00 |
| Sale | Common Stock | 713 | $6.90 | $5K |
| Sale | Common Stock | 903 | $6.99 | $6K |
| Sale | Common Stock | 10,000 | $7.00 | $70K |
| Sale | Common Stock | 20,000 | $7.028 | $141K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 532,542 shares (Direct)
Footnotes (1)
- These shares were sold in multiple transactions at prices ranging from $6.90 to $7.10, inclusive. The reporting person undertakes to provide 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 sold at each separate price within the range set forth in this footnote. Shares held by Luxor Capital LLC, which is wholly-owned by Mr. Goodman. These shares were sold in multiple transactions at prices ranging from $6.90 to $7.25, inclusive. The reporting person undertakes to provide 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 sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $6.90 to $7.10, inclusive. The reporting person undertakes to provide 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 sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $6.90 to $6.90, inclusive. The reporting person undertakes to provide 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 sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $6.90 to $6.90, inclusive. The reporting person undertakes to provide 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 sold at each separate price within the range set forth in this footnote. These shares were sold in multiple transactions at prices ranging from $6.90 to $7.00, inclusive. The reporting person undertakes to provide 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 sold at each separate price within the range set forth in this footnote.
Key Figures
Shares sold: 38,616 shares
Post-sale holdings: 532,542 shares
Sale price range: $6.90–$7.03 per share
+2 more
5 metrics
Shares sold
38,616 shares
Total open-market sales between April 8 and April 15, 2026
Post-sale holdings
532,542 shares
Common stock held directly after April 15, 2026 transaction
Sale price range
$6.90–$7.03 per share
Reported transaction and footnote price levels across all sales
Largest single-day sale
20,000 shares
Open-market sale on April 8, 2026 at $7.028 per share
Next-largest sale
10,000 shares
Open-market sale on April 9, 2026 at $7.00 per share
Key Terms
open-market sale, greater than 10% filing group, Form 4, multiple transactions, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for each common stock transaction"
An open-market sale is when a shareholder sells existing shares directly on a public exchange to any willing buyer, rather than through a private deal. Think of it like putting goods on a busy market stall where price is set by supply and demand; for investors it matters because such sales increase available supply, can put short-term downward pressure on the stock price, and signal changes in liquidity or investor confidence.
greater than 10% filing group regulatory
"Luxor Capital LLC described as "Greater than 10% filing group""
Form 4 regulatory
"INSIDER FILING DATA (Form 4): JSON block describing transactions"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
multiple transactions financial
"footnotes state "These shares were sold in multiple transactions""
wholly-owned financial
"footnote: "Shares held by Luxor Capital LLC, which is wholly-owned by Mr. Goodman.""
A wholly-owned business is one that is 100% owned by another company, meaning the parent holds all shares and controls decisions. For investors, this matters because the parent company must include the wholly-owned business’s results and liabilities in its own financial picture, so any profits, losses or risks from that unit directly affect the parent’s value—like owning an entire rental property rather than sharing it with partners.
FAQ
What insider activity did Meridian Holdings (MRDN) report on this Form 4?
The Form 4 reports that Luxor Capital LLC, wholly-owned by former CEO Anthony Brian Goodman, sold 38,616 shares of Meridian Holdings common stock in multiple open-market transactions, modestly reducing a large existing position while still retaining over half a million shares.
Over what period did the MRDN insider stock sales by Luxor Capital LLC occur?
The insider stock sales occurred between April 8 and April 15, 2026. During this period, Luxor Capital LLC executed several open-market transactions in Meridian Holdings common stock at share prices generally clustered just above $6.90 per share.
Who is the reporting person behind the Meridian Holdings (MRDN) Form 4 filing?
The filing lists Anthony Brian Goodman, a former director and CEO and greater-than-10% holder, along with Luxor Capital LLC. Footnotes explain that the reported shares are held by Luxor Capital LLC, which is wholly-owned by Mr. Goodman.
Were the MRDN insider sales executed as open-market transactions?
Yes. Each sale is coded as an open-market or private transaction, with reported per-share prices and footnotes explaining that the shares were sold in multiple trades within specified price ranges, typical of open-market execution patterns.