MXCT Form 4: Director Douglas Richard Increases Direct Stake to 230,577 Shares
Rhea-AI Filing Summary
Douglas Richard, a director of MaxCyte, Inc. (MXCT), purchased shares on 08/13/2025. The Form 4 reports an acquisition of 80,000 shares of common stock, increasing his reported beneficial ownership to 230,577 shares held directly. The filing shows a reported price of $1.388 per share with a footnote stating the shares were bought in multiple transactions at prices ranging from $1.30 to $1.40 and that the reporter will provide a detailed breakdown on request. The form is signed by an attorney-in-fact for the reporting person.
Positive
- Director acquired 80,000 shares, increasing reported direct ownership to 230,577 shares
- Purchase prices disclosed as a range ($1.30 to $1.40) with a reported aggregate figure of $1.388, and the filer offers to provide transaction-level details on request
Negative
- None.
Insights
Insider purchase; modest increase in direct stake, limited disclosure on per-trade breakdown.
The director acquired 80,000 shares, raising direct beneficial ownership to 230,577 shares. The filing lists a reported per-share figure of $1.388 and a footnote confirming purchases occurred across prices between $1.30 and $1.40, with the reporting person offering to provide transaction-level details on request. Without company market-cap or total outstanding shares in this filing, the materiality relative to overall float cannot be determined from the document alone.
Director buying shares is governance- and signaling-relevant but not conclusively material in isolation.
The disclosure shows a director-level purchase recorded on Form 4 and a direct ownership disclosure of 230,577 shares following the acquisition. The use of an attorney-in-fact to execute the filing is noted. The footnote's offer to provide price-by-price details is useful for transparency; however, the filing does not state whether this purchase was part of a scheduled plan or ad hoc, limiting conclusions about intent.