Director buys 1,000 McEwen Inc. (MUX) shares in open market trade
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
McEwen Inc. director Stephen Douglas Kaszas bought 1,000 shares of McEwen common stock in an open-market transaction. The shares were purchased at $18.36 per share, bringing his direct holdings to 1,621 shares after the trade. The U.S. dollar price reflects a conversion from C$25.56 per share using a Bank of Canada exchange rate of C$1.00 = US$0.7182 on June 5, 2026.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($18,360)
Net Buy
1 txn
Insider
Kaszas Stephen Douglas
Role
null
Bought
1,000 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $18.36 | $18K |
Holdings After Transaction:
Common Stock — 1,621 shares (Direct, null)
Footnotes (1)
- [object Object]
Key Figures
Shares purchased: 1,000 shares
Purchase price: $18.36 per share
Holdings after transaction: 1,621 shares
+2 more
5 metrics
Shares purchased
1,000 shares
Open-market buy on June 5, 2026
Purchase price
$18.36 per share
Converted U.S. dollar price for common stock
Holdings after transaction
1,621 shares
Director’s direct ownership following purchase
Original Canadian price
C$25.56 per share
Price before currency conversion
FX rate used
C$1.00 = US$0.7182
Bank of Canada rate on June 5, 2026
Key Terms
open-market purchase, Common Stock, exchange rate, Bank of Canada, +1 more
5 terms
open-market purchase financial
"transaction_action: "open-market purchase""
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 financial
"security_title: "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.
exchange rate financial
"using an exchange rate of C$1.00 = US$0.7182"
Exchange rate is the price of one currency expressed in another—for example, how many euros you receive for one US dollar. It matters to investors because changes in that price alter the reported profits, costs and value of assets for companies and portfolios that operate or hold money across borders; think of it like switching measurement units, where the same item can look bigger or smaller depending on the unit used.
Bank of Canada financial
"as reported by the Bank of Canada on June 5, 2026"
Form 4 regulatory
"INSIDER FILING DATA (Form 4)"
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 McEwen Inc. (MUX) report on this Form 4?
McEwen Inc. reported that director Stephen Douglas Kaszas completed an open-market purchase of 1,000 shares of its common stock. This transaction involved buying shares directly in the market rather than receiving them as compensation or through option exercises.
What does an open-market purchase by a McEwen Inc. (MUX) director mean?
An open-market purchase means the director bought shares through regular stock market trading, paying prevailing market prices. In this case, Stephen Douglas Kaszas bought 1,000 McEwen shares directly, which increased his reported direct ownership position to 1,621 shares after the transaction.