PodcastOne (PODC) director adds 15.7K shares in August buy
Rhea-AI Filing Summary
PodcastOne, Inc. (PODC) director D. Jonathan Merriman reported a purchase of 15,700 shares of common stock of PodcastOne on August 21, 2026 at a weighted average price of $2.75 per share, in multiple trades between $2.70 and $2.81. These purchased shares are held indirectly through the D. Jonathan and Odile Merriman Family Trust, over which he shares voting and dispositive power and for which he disclaims beneficial ownership except for his pecuniary interest. Separately, Merriman reports 249,363 shares held directly after the reported transactions.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 15,700 shares
Net Buy
3 txns
Insider
MERRIMAN D JONATHAN
Role
Director
Bought
15,700 shs ($43K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.00001 par value F2, F1 | 15,700 | $2.75 | $43K |
| holding | Common Stock, $0.00001 par value F3 | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.00001 par value — 358,932 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 $2.70 to $2.81 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: 15,700 shares
Weighted average purchase price: $2.75 per share
Purchase price range: $2.70–$2.81 per share
+2 more
5 metrics
Shares purchased
15,700 shares
Common stock of PodcastOne, Inc. purchased on August 21, 2026
Weighted average purchase price
$2.75 per share
Weighted average price for the 15,700 shares bought on August 21, 2026
Purchase price range
$2.70–$2.81 per share
Range of prices for multiple purchase transactions included in the Form 4
Direct holdings after transaction
249,363 shares
PodcastOne common stock held directly by the reporting person after the reported transactions
Net buy shares
15,700 shares
Net share change from reported buy and sell transactions in this Form 4
Key Terms
weighted average price, pecuniary interest, Uniform Transfers to Minors Act, voting and dispositive power, +1 more
5 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.
pecuniary interest financial
"disclaims beneficial ownership ... except for his pecuniary interest therein."
Uniform Transfers to Minors Act regulatory
"held in a custodial account ... under the Uniform Transfers to Minors Act"
voting and dispositive power financial
"holds shared voting and dispositive power over such shares."
Rule 10b5-1 regulatory
"The filing’s Rule 10b5-1 checkbox is not checked"
Rule 10b5-1 is a regulation that allows company insiders to buy or sell their shares at predetermined times, even if they have access to non-public information. It acts like setting a schedule in advance for transactions, helping prevent accusations of unfair trading. This rule provides a way for insiders to plan trades transparently, giving investors confidence that these transactions are not based on hidden information.
FAQ
What insider transaction did PODC director D. Jonathan Merriman report?
He reported buying 15,700 shares of PodcastOne, Inc. common stock on August 21, 2026, categorized as an open market or private purchase, held indirectly through a family trust in which he has a pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.
