Director Larry Jobe adds 5,000 Mannatech (MTEX) shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
MANNATECH INC director Larry A. Jobe reported an open-market purchase of the company’s common stock. He bought 5,000 shares on May 19, 2026 at a price of $4.20 per share. Following this transaction, he directly holds 67,197 shares of Mannatech common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 5,000 shares ($21,000)
Net Buy
1 txn
Insider
JOBE LARRY A
Role
null
Bought
5,000 shs ($21K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock, par value $0.0001 | 5,000 | $4.20 | $21K |
Holdings After Transaction:
Common stock, par value $0.0001 — 67,197 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 5,000 shares
Purchase price: $4.20 per share
Post-transaction holdings: 67,197 shares
+1 more
4 metrics
Shares purchased
5,000 shares
Open-market purchase on May 19, 2026
Purchase price
$4.20 per share
Price paid for Mannatech common stock
Post-transaction holdings
67,197 shares
Direct ownership after the reported trade
Security type
Common stock, par value $0.0001
Equity security traded in the transaction
Key Terms
open-market purchase, Common stock, par value $0.0001, Form 4
3 terms
open-market purchase financial
"Transaction action is recorded as an open-market purchase of common stock."
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common stock, par value $0.0001 financial
"The security traded is Common stock, par value $0.0001 per share."
Form 4 regulatory
"The insider transaction is disclosed in a Form 4 filing."
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.
FAQ
What insider transaction did Mannatech (MTEX) report for Larry A. Jobe?
Mannatech (MTEX) reported that director Larry A. Jobe bought 5,000 shares of common stock in an open-market purchase. The transaction was recorded as a Form 4 filing, showing a routine director share acquisition.
Was the Mannatech (MTEX) insider trade a purchase or a sale?
The Mannatech (MTEX) insider trade was a purchase. The Form 4 lists a transaction code "P" and describes it as an open-market purchase, confirming that Larry A. Jobe bought, rather than sold, shares in this filing.
What type of security did Larry A. Jobe trade in Mannatech (MTEX)?
Larry A. Jobe traded Mannatech (MTEX) common stock with a par value of $0.0001 per share. The Form 4 identifies the security as common stock, indicating regular equity rather than options or other derivative instruments.