PodcastOne (PODC) director boosts stake with 28K-share buy
Rhea-AI Filing Summary
PodcastOne, Inc. director D. Jonathan Merriman reported open-market purchases of PodcastOne common stock on behalf of related accounts. On 2026-08-17, an entity associated with him purchased 11,300 shares indirectly at $2.80 per share. On 2026-08-14, the D. Jonathan and Odile Merriman Family Trust purchased 17,000 shares indirectly at a $3.20 weighted average price, with individual trades between $3.10 and $3.30. A separate line shows 249,363 shares of common stock held directly after the reported activity. The trust and a custodial account for his son hold certain shares, and Merriman disclaims beneficial ownership of those indirect holdings except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 28,300 shares
Net Buy
4 txns
Insider
MERRIMAN D JONATHAN
Role
Director
Bought
28,300 shs ($86K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.00001 par value F1 | 11,300 | $2.80 | $32K |
| Purchase | Common Stock, $0.00001 par value F2, F1 | 17,000 | $3.20 | $54K |
| holding | Common Stock, $0.00001 par value F3 | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.00001 par value — 343,232 shares (Indirect, See footnote);
Common Stock, $0.00001 par value — 249,363 shares (Direct)
Footnotes (3)
- F1. Represents shares held by the D. Jonathan and Odile Merriman Family Trust (the "Trust"), as the Reporting Person, a trustee of the Trust, holds shared voting and dispositive power over such shares. The Reporting Person disclaims beneficial ownership in such shares held by the Trust, except for his pecuniary interest therein.
- F2. The price reported is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $3.10 to $3.30 inclusive. The Reporting Person undertakes to provide to Issuer or the staff of the U.S. Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote 2.
- F3. Represents shares held in a custodial account for the benefit of the Reporting Person's son under the Uniform Transfers to Minors Act, as the Reporting Person, as the custodian of the custodial account, holds voting and dispositive power over such shares. The Reporting Person disclaims beneficial ownership in such shares held by the custodial account, except for his pecuniary interest therein.
Key Figures
Shares purchased (2026-08-17): 11,300 shares
Purchase price (2026-08-17): $2.80 per share
Shares purchased (2026-08-14): 17,000 shares
+4 more
7 metrics
Shares purchased (2026-08-17)
11,300 shares
Indirect open-market purchase at $2.80 per share
Purchase price (2026-08-17)
$2.80 per share
Price for 11,300 indirectly held shares
Shares purchased (2026-08-14)
17,000 shares
Indirect purchase at weighted average price
Weighted average price (2026-08-14)
$3.20 per share
Trades executed between $3.10 and $3.30 inclusive
Price range (2026-08-14 purchases)
$3.10–$3.30 per share
Range of individual trades within the weighted average
Total net shares bought
28,300 shares
Combined open-market purchases reported in this Form 4
Direct holdings after transactions
249,363 shares
Common stock held directly following reported activity
Key Terms
weighted average price, dispositive power, pecuniary interest, Uniform Transfers to Minors Act
4 terms
weighted average price financial
"The price reported is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
dispositive power financial
"holds shared voting and dispositive power over such shares."
Dispositive power is the authority to decide the final outcome of an asset, legal claim, contract, or corporate action — in effect the power to dispose of or resolve something. For investors it matters because whoever holds that authority can determine who gets paid, who controls an asset or vote, and how risks and returns are allocated; think of it like holding the key that lets you lock in the winner or loser in a deal.
pecuniary interest financial
"disclaims beneficial ownership... except for his pecuniary interest therein."
Uniform Transfers to Minors Act financial
"custodial account... under the Uniform Transfers to Minors Act"
FAQ
What insider transactions did D. Jonathan Merriman report for PODC on this Form 4?
Merriman reported two open-market purchases of PodcastOne (PODC) common stock totaling 28,300 shares, made indirectly through a family trust and a related account, plus updated disclosure of his 249,363 directly held shares.
Are Merriman’s PODC purchases on this Form 4 direct or indirect holdings?
The reported purchases are indirect holdings. Shares are held by the D. Jonathan and Odile Merriman Family Trust and in a custodial account for his son, over which he has voting and dispositive power but disclaims beneficial ownership beyond his pecuniary interest.
Were Merriman’s PODC trades reported as part of a Rule 10b5-1 trading plan?
The filing’s Rule 10b5-1 checkbox is not marked as affirming a plan, and no footnote describes a trading plan, so the purchases are not identified in the disclosure as made under a pre-arranged Rule 10b5-1 plan.
AI-generated analysis. How Rhea-AI works. Not financial advice.
