Nixxy (NIXX) CEO Mike Schmidt makes open-market stock purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Nixxy, Inc. Chief Executive Officer Mike Schmidt reported an open-market purchase of company stock. On June 9, 2026, he bought 10,000 shares of Nixxy common stock at $0.86 per share. After this transaction, Schmidt directly owns 10,000 shares of Nixxy common stock.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,000 shares ($8,600)
Net Buy
1 txn
Insider
Schmidt Mike
Role
Chief Executive Officer
Bought
10,000 shs ($9K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, par value $0.0001 | 10,000 | $0.86 | $9K |
Holdings After Transaction:
Common Stock, par value $0.0001 — 10,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 10,000 shares
Purchase price: $0.86 per share
Shares held after: 10,000 shares
3 metrics
Shares purchased
10,000 shares
Open-market buy on June 9, 2026
Purchase price
$0.86 per share
Common Stock, par value $0.0001
Shares held after
10,000 shares
Direct ownership following transaction
Key Terms
open-market purchase, Common Stock, Form 4, Chief Executive Officer
4 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, par value $0.0001""
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.
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.
Chief Executive Officer financial
"officer_title: "Chief Executive Officer""
A chief executive officer (CEO) is the top leader of a company, responsible for making major decisions, setting goals, and guiding the organization’s overall direction. Think of the CEO as the captain of a ship, steering it toward success. Investors pay close attention to the CEO because their leadership and strategy can significantly influence the company's performance and future growth.
FAQ
What insider transaction did Nixxy (NIXX) report on this Form 4?
Nixxy reported that its CEO, Mike Schmidt, completed an open-market purchase of company stock. He acquired 10,000 shares of Nixxy common stock at a price of $0.86 per share in a single transaction on June 9, 2026.
Who is the insider involved in the latest Nixxy (NIXX) Form 4 filing?
The insider is Mike Schmidt, Nixxy’s Chief Executive Officer and a director. He reported buying 10,000 shares of Nixxy common stock in the open market at $0.86 per share, giving investors visibility into his current direct ownership position.
Was the Nixxy (NIXX) insider transaction a buy or a sell?
The transaction was a buy. The Form 4 classifies it as an open-market purchase, with CEO Mike Schmidt acquiring 10,000 shares of Nixxy common stock at $0.86 per share, increasing his directly held stake to 10,000 shares.