Insider Howard Amster adds 11,500 PhenixFIN (PFX) shares in purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PhenixFIN Corp director and ten percent owner Howard Amster reported an open-market purchase of common stock. On March 3, 2026, he bought 11,500 shares of PhenixFIN common stock at $42.56 per share, bringing his directly held stake to 248,248 shares.
In addition to these direct holdings, Amster is also reported as the beneficial owner of several indirect positions through charitable remainder unitrusts and Pleasant Lake Corp, where he serves as trustee or president. These indirect holdings total several thousand shares across the listed entities.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 11,500 shares ($489,440)
Net Buy
6 txns
Insider
Amster Howard
Role
Director, 10% Owner
Bought
11,500 shs ($489K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK, $0.001 par value | 11,500 | $42.56 | $489K |
| holding | COMMON STOCK, $0.001 par value | -- | -- | -- |
| holding | COMMON STOCK, $0.001 par value | -- | -- | -- |
| holding | COMMON STOCK, $0.001 par value | -- | -- | -- |
| holding | COMMON STOCK, $0.001 par value | -- | -- | -- |
| holding | COMMON STOCK, $0.001 par value | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK, $0.001 par value — 248,248 shares (Direct);
COMMON STOCK, $0.001 par value — 409 shares (Indirect, By Howard Amster 2021 Charitable Remainder Unitrust 1)
Footnotes (1)
- These shares are deemed to be beneficially owned by Howard Amster as a result of his capacity as trustee of Howard Amster 2021 Charitable Remainder Unitrust 1. These shares are deemed to be beneficially owned by Howard Amster as a result of his capacity as trustee of Howard Amster 2021 Charitable Remainder Unitrust 2. These shares are deemed to be beneficially owned by Howard Amster as a result of his capacity as trustee of Howard Amster Charitable Remainder Unitrust U/A DTD 04/22/1998. These shares are deemed to be beneficially owned by Howard Amster as a result of his capacity as President of Pleasant Lake Corp. These shares are deemed to be beneficially owned by Howard Amster as a result of his capacity as trustee of Howard Amster 2019 Charitable Remainder Unitrust 1.
FAQ
What insider transaction did Howard Amster report at PhenixFIN Corp (PFX)?
Howard Amster reported an open-market purchase of 11,500 PhenixFIN common shares on March 3, 2026. The transaction was coded as a purchase, indicating he increased his direct investment stake in the company’s common stock on that date.
What indirect PhenixFIN (PFX) holdings are attributed to Howard Amster in this Form 4?
The filing attributes indirect beneficial ownership to Howard Amster through several charitable remainder unitrusts and Pleasant Lake Corp. These entities collectively hold multiple blocks of PhenixFIN common shares, with Amster listed as trustee or president, creating additional indirect exposure beyond his direct holdings.
What is Howard Amster’s role at PhenixFIN Corp (PFX) according to the filing?
Howard Amster is identified as both a director and a ten percent owner of PhenixFIN Corp. This dual status highlights his significant governance role on the board and his substantial equity stake, combining direct ownership with indirect holdings through related entities.
Does the Form 4 indicate whether the PhenixFIN (PFX) trade was open-market or private?
Yes. The transaction is described as an open-market purchase under the code for a purchase in open market or private transaction. The filing specifies the buy as an open-market purchase at a per-share price of $42.56 on March 3, 2026.