Entity linked to former Meridian (MRDN) CEO sells 24,150 common shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Meridian Holdings Inc./NV reported insider activity involving entities associated with former director and CEO Anthony Brian Goodman and Luxor Capital LLC. The Form 4 shows a series of open-market sales of 24,150 shares of Common Stock at prices around the mid‑teens per share. Footnotes state that the sold shares were executed in multiple transactions within price ranges between $13.50 and $14.75 per share, and that certain shares are held by Luxor Capital LLC, which is wholly owned by Mr. Goodman. Following the reported sales, the filing lists continuing direct holdings in Meridian common stock in the hundreds of thousands of shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Seller: 24,150 shares ($336,139)
Net Sell
6 txns
Insider
Goodman Anthony Brian, Luxor Capital LLC
Role
null | null
Sold
24,150 shs ($336K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Sale | Common Stock | 5,000 | $14.33 | $72K |
| Sale | Common Stock | 5,000 | $14.05 | $70K |
| Sale | Common Stock | 5,000 | $13.70 | $69K |
| Sale | Common Stock | 3,650 | $13.76 | $50K |
| Sale | Common Stock | 5,500 | $13.73 | $76K |
| holding | Common Stock | -- | -- | -- |
Holdings After Transaction:
Common Stock — 448,463 shares (Direct, null)
Footnotes (1)
- These shares were sold in multiple transactions at prices ranging from $14.28 to $14.75, 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 $14.00 to $14.47, 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 $13.50 to $14.10, 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 $13.50 to $14.04, 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 $13.50 to $14.00, 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: 24,150 shares
Sale price example: $13.70 per share
Sale price example: $14.33 per share
+4 more
7 metrics
Shares sold
24,150 shares
Total open-market common stock sales in Form 4
Sale price example
$13.70 per share
One reported open-market sale price for Common Stock
Sale price example
$14.33 per share
Another reported open-market sale price for Common Stock
Price range (footnote)
$13.50–$14.75 per share
Ranges for multiple sale transactions in footnotes
Post-transaction holding
429,313 shares
Common Stock directly owned following one sale entry
Post-transaction holding
448,463 shares
Common Stock directly owned following another sale entry
Separate holding entry
808,673 shares
Common Stock listed in a holding-only row
Key Terms
open-market sale, greater than 10% filing group, Common Stock, multiple transactions, +1 more
5 terms
open-market sale financial
"transaction_action: "open-market sale" for several Common Stock entries"
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 is described as a "Greater than 10% filing group""
Common Stock financial
"Each transaction lists the security_title as "Common Stock""
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
multiple transactions financial
"Footnotes state "These shares were sold in multiple transactions" at price ranges"
wholly owned financial
"Footnote notes "Luxor Capital LLC, which is wholly owned by Mr. Goodman""
FAQ
What insider activity did Meridian Holdings (MRDN) report in this Form 4?
Meridian Holdings reported insider-related entities executing open-market sales of common stock. The Form 4 details several transactions that together total 24,150 shares sold, while still showing substantial remaining direct ownership positions in the company’s common stock.
Who is associated with the Meridian Holdings (MRDN) insider transactions?
The filing lists former director and CEO Anthony Brian Goodman and Luxor Capital LLC as reporting persons. A footnote explains that certain shares are held by Luxor Capital LLC, which is wholly owned by Mr. Goodman, linking the entity’s holdings and trades to him.