Nova Minerals CEO buys 2,500 common shares
The reported activity includes a CDI purchase translated into U.S.-dollar prices and common-stock equivalents using a one-share-per-12-CDI ratio.
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Rhea-AI Filing Summary
Nova Minerals Corp Chief Executive Officer and director Christopher Gerteisen reported two purchases: 2,500 common shares on October 16, 2026, at $3.10 per share, purchased on the New York Stock Exchange, and 4,237 common-stock-equivalent shares on October 19, 2026, at $3.3473 per share. The October 19 purchase was of CDIs; the share and price amounts were converted to U.S.-dollar and common-stock equivalents using a ratio of one common share per 12 CDIs. Footnotes report CDI holdings equivalent to 143,703 common shares for October 16 and 147,940 for October 19. An October 16 holding entry lists 16,667 shares held indirectly through AJ Holdings International Limited; Gerteisen is its sole shareholder and director and has voting and investment control over the reported shares. No Rule 10b5-1 plan is reported.
Insights
Analyzing...
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F3, F4 | 4,237 | $3.3473 | $14K |
| Purchase | Common Stock F1, F2 | 2,500 | $3.10 | $8K |
| holding | Common Stock F5, F6 | -- | -- | -- |
Footnotes (6)
- F1. Represents shares of common stock purchased on the New York Stock Exchange.
- F2. Includes CHESS Depositary Interests ("CDIs") held on the Australian Stock Exchange and converted to a common stock equivalent of 143,703 shares, adjusted by the conversion ratio of 1 share of common stock per 12 CDIs (the "CDI Ratio").
- F3. Reflects the purchase of CDIs. The purchase price and shares have been converted to a U.S. Dollar and common stock equivalent, adjusted by the CDI Ratio.
- F4. Includes CDIs converted to a common stock equivalent of 147,940 shares, adjusted by the CDI Ratio.
- F5. Includes CDIs converted to common stock based on the CDI Ratio.
- F6. As the sole shareholder and director of this entity, the reporting person has voting and investment control over the reported shares of common stock.
Key Figures
Key Terms
CHESS Depositary Interests technical
CDI Ratio technical
voting and investment control regulatory
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