Form 4: Jason Adelman Reports 10,000 OBLG Share Purchases
Rhea-AI Filing Summary
Insider purchases at Oblong, Inc. (OBLG): Director Jason T. Adelman reported five purchases of common stock on 09/04/2025, acquiring a total of 10,000 shares in incremental transactions priced between $2.55 and $2.75. The report shows beneficial ownership increasing from 1,000 shares to 10,000 shares after the transactions. The Form 4 is signed by Mr. Adelman on 09/09/2025 and identifies his role as a director with direct ownership.
Positive
- Director purchased shares: Jason T. Adelman acquired a total of 10,000 common shares on 09/04/2025
- Transparent reporting: Transactions are disclosed on Form 4 with individual prices and post-transaction ownership counts
- Direct ownership: All shares are reported as Direct (D), simplifying beneficial ownership picture
Negative
- None.
Insights
TL;DR: A director made modest open-market purchases totaling 10,000 OBLG shares at low single-digit prices, signaling a small insider buy.
The transactions are executed on a single date across five tranches, increasing direct beneficial ownership to 10,000 shares. The range of prices ($2.55–$2.75) suggests market purchases rather than option exercises or plan-driven trades. Given the lack of company financials or relative position size in this filing, the purchases are informational but not necessarily material to Oblong's capitalization.
TL;DR: Director Jason T. Adelman disclosed direct purchases totaling 10,000 OBLG shares; filing appears compliant and timely.
The Form 4 is properly signed and lists the reporting person as a director with direct ownership. Multiple small purchases reported on the same transaction date are presented clearly with prices and post-transaction share counts. There are no indications in this filing of derivative transactions, pledges, or other complicating governance issues.