NeoVolta (NEOV) executive Steve Bond adds 47,000 shares in open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
NeoVolta Inc. executive vice president and director Steve Bond reported an open-market purchase of 47,000 shares of the company’s common stock at an average price of $2.0879 per share. Following this transaction, he directly holds 797,000 shares, indicating he increased but largely maintained his existing position.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 47,000 shares ($98,131)
Net Buy
1 txn
Insider
Bond Steve
Role
Executive Vice President
Bought
47,000 shs ($98K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 47,000 | $2.0879 | $98K |
Holdings After Transaction:
Common Stock — 797,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 47,000 shares
Purchase price: $2.0879 per share
Total holdings after purchase: 797,000 shares
3 metrics
Shares purchased
47,000 shares
Open-market purchase of NeoVolta common stock
Purchase price
$2.0879 per share
Average price for the 47,000 shares bought
Total holdings after purchase
797,000 shares
Steve Bond’s direct NeoVolta common stock position after the transaction
Key Terms
open-market purchase, Common Stock, Executive Vice President
3 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.
Executive Vice President financial
"officer_title: "Executive Vice President""
An executive vice president is a high-ranking leader within a company who oversees major parts of its operations or strategies. Think of them as senior managers responsible for important areas, similar to a vice principal in a school hierarchy. Their role matters to investors because they help guide the company's success and decision-making at the top level.
FAQ
What insider transaction did NeoVolta (NEOV) report for Steve Bond?
NeoVolta reported that executive vice president and director Steve Bond completed an open-market purchase of 47,000 shares of common stock. The transaction was recorded as a buy at an average price of $2.0879 per share, increasing his directly held stake in the company.
Is Steve Bond considered an insider at NeoVolta (NEOV)?
Yes, Steve Bond is an insider at NeoVolta, serving as both a director and executive vice president. These roles classify him as a reporting person whose trades in NeoVolta common stock must be disclosed through Form 4 insider transaction filings with the SEC.
Was the NeoVolta (NEOV) insider transaction a buy or a sell?
The reported NeoVolta insider transaction was a buy. Steve Bond executed an open-market purchase of 47,000 shares of common stock, and the filing classifies the transaction direction as a purchase rather than a sale or other type of disposition.