NovaBridge Biosciences (NBP) officer buys 230k shares at $2.51
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NovaBridge Biosciences officer Mark Arnold Hagler reported an open-market purchase of 230,000 Ordinary Shares, represented by 100,000 American Depositary Shares (ADSs). The weighted average purchase price was $2.51 per ADS, with individual trades between $2.44 and $2.54. Following the transaction, he directly holds 230,000 Ordinary Shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 230,000 shares ($577,300)
Net Buy
1 txn
Insider
Hagler Mark Arnold
Role
See Remarks
Bought
230,000 shs ($577K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Ordinary Shares | 230,000 | $2.51 | $577K |
Holdings After Transaction:
Ordinary Shares — 230,000 shares (Direct, null)
Footnotes (1)
- The Ordinary Shares may be represented by American Depositary Shares ("ADS"). Each 10 ADSs represent 23 Ordinary Shares of the Issuer. The reported securities are represented by 100,000 ADSs. The price reported in Column 4 is a weighted average price. These ADSs were purchased in multiple transactions at prices ranging from $2.44 to $2.54, 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
Ordinary Shares purchased: 230,000 shares
ADSs purchased: 100,000 ADSs
Weighted average price: $2.51 per ADS
+3 more
6 metrics
Ordinary Shares purchased
230,000 shares
Open-market purchase on 2026-04-24
ADSs purchased
100,000 ADSs
Representing 230,000 Ordinary Shares
Weighted average price
$2.51 per ADS
Price reported for the purchase range
Price range
$2.44–$2.54 per ADS
Multiple trades within this range
Post-transaction holdings
230,000 Ordinary Shares
Direct ownership after the transaction
ADS to Ordinary ratio
10 ADSs : 23 Ordinary Shares
Structure of NovaBridge ADSs
Key Terms
American Depositary Shares, weighted average price, open-market purchase, Ordinary Shares
4 terms
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
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.
FAQ
What insider transaction did NovaBridge Biosciences (NBP) report on this Form 4?
NovaBridge Biosciences reported that officer Mark Arnold Hagler made an open-market purchase of 230,000 Ordinary Shares, represented by 100,000 ADSs. This filing shows his direct ownership position after the transaction based on trades executed within a narrow price range.
What is the insider’s ownership in NovaBridge Biosciences (NBP) after this transaction?
After this reported purchase, officer Mark Arnold Hagler holds 230,000 Ordinary Shares of NovaBridge Biosciences directly. The Form 4 shows this as his total direct position following the open-market ADS purchases disclosed in the filing.
Was the NovaBridge Biosciences (NBP) insider trade a market purchase or another type of transaction?
The filing classifies the activity as an open-market purchase. The transaction code is “P,” and the narrative description identifies it as a purchase in the open market or a private transaction, rather than an option exercise, grant, or gift.