PodcastOne (PODC) director linked entities buy 10,200 shares in open market
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PodcastOne, Inc. director D. Jonathan Merriman reported insider purchases of PodcastOne common stock through related accounts. On 2026-04-17, entities associated with him bought a total of 10,200 shares in open-market transactions at prices of $2.14 and $2.07 per share.
After these trades, indirect holdings associated with Merriman totaled 302,732 shares, while he also held 249,363 shares directly and 5,200 shares in a custodial account for his son. The trust and custodial account holdings are reported with Merriman disclaiming beneficial ownership beyond his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 10,200 shares ($21,548)
Net Buy
4 txns
Insider
MERRIMAN D JONATHAN
Role
null
Bought
10,200 shs ($22K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.00001 par value | 4,000 | $2.07 | $8K |
| Purchase | Common Stock, $0.00001 par value | 6,200 | $2.14 | $13K |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.00001 par value — 296,532 shares (Indirect, See footnote);
Common Stock, $0.00001 par value — 249,363 shares (Direct, null)
Footnotes (1)
- 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. 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
Open-market purchase 1: 6,200 shares at $2.14
Open-market purchase 2: 4,000 shares at $2.07
Total shares bought: 10,200 shares
+3 more
6 metrics
Open-market purchase 1
6,200 shares at $2.14
Non-derivative purchase on April 17, 2026 by associated entity
Open-market purchase 2
4,000 shares at $2.07
Non-derivative purchase on April 17, 2026 by associated entity
Total shares bought
10,200 shares
Net open-market insider purchases on April 17, 2026
Indirect holdings after trades
302,732 shares
Total indirect common stock holdings following transactions
Direct holdings
249,363 shares
Directly held common stock as of April 17, 2026
Custodial account holdings
5,200 shares
Shares held for son in UTMA custodial account
Key Terms
Family Trust, Uniform Transfers to Minors Act, custodial account, pecuniary interest, +1 more
5 terms
Family Trust financial
"Represents shares held by the D. Jonathan and Odile Merriman Family Trust (the "Trust"),"
Uniform Transfers to Minors Act financial
"held in a custodial account for the benefit of the Reporting Person's son under the Uniform Transfers to Minors Act,"
custodial account financial
"Represents shares held in a custodial account for the benefit of the Reporting Person's son"
A custodial account is an investment or bank account opened and managed by an adult (the custodian) for the benefit of someone who cannot legally control assets, typically a minor. Think of it as a wallet held by a trusted guardian until the beneficiary reaches a legal age: it lets you save and invest on someone’s behalf, affects who makes decisions and who pays taxes, and determines when control of the assets transfers to the beneficiary—details investors watch for tax consequences, ownership rules, and timing of control.
pecuniary interest financial
"The Reporting Person disclaims beneficial ownership in such shares held by the Trust, except for his pecuniary interest therein."
beneficial ownership financial
"The Reporting Person disclaims beneficial ownership in such shares held by the custodial account, except for his pecuniary interest therein."
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
FAQ
What insider transactions did PODC director D. Jonathan Merriman report?
Merriman reported open-market purchases of 10,200 PodcastOne (PODC) common shares. These trades were executed through related indirect accounts, rather than his direct personal account, and are disclosed as part of his overall beneficial ownership reporting obligations.