PodcastOne (PODC) director reports 7,000-share open-market purchase at $4.38
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PodcastOne, Inc. director D. Jonathan Merriman reported an open-market purchase of 7,000 shares of common stock at $4.38 per share on May 22, 2026, through an entity associated with him. Following this transaction, entities associated with him held 309,732 indirect shares, while he also held 249,363 shares directly and 5,200 shares in a custodial account for his son. The filing notes that these indirect holdings are in a family trust and a custodial account, and he disclaims beneficial ownership of those shares except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,000 shares ($30,660)
Net Buy
3 txns
Insider
MERRIMAN D JONATHAN
Role
null
Bought
7,000 shs ($31K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.00001 par value | 7,000 | $4.38 | $31K |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.00001 par value — 309,732 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
Shares purchased: 7,000 shares
Purchase price: $4.38 per share
Direct holdings after transaction: 249,363 shares
+2 more
5 metrics
Shares purchased
7,000 shares
Open-market purchase on May 22, 2026
Purchase price
$4.38 per share
Price for 7,000-share open-market buy
Direct holdings after transaction
249,363 shares
Common stock held directly after reported transactions
Indirect holdings after transaction
309,732 shares
Common stock held indirectly via associated entities
Custodial account holdings
5,200 shares
Shares held for son under Uniform Transfers to Minors Act
Key Terms
open-market purchase, disclaims beneficial ownership, pecuniary interest, Uniform Transfers to Minors Act, +1 more
5 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
disclaims beneficial ownership financial
"The Reporting Person disclaims beneficial ownership in such shares held by the Trust"
pecuniary interest financial
"except for his pecuniary interest therein"
Uniform Transfers to Minors Act financial
"custodial account for the benefit of the Reporting Person's son under the Uniform Transfers to Minors Act"
voting and dispositive power financial
"holds voting and dispositive power over such shares"
FAQ
What insider transaction did PodcastOne (PODC) disclose for D. Jonathan Merriman?
PodcastOne disclosed that director D. Jonathan Merriman reported an open-market purchase of 7,000 shares of common stock at $4.38 per share on May 22, 2026. The trade was reported as an indirect purchase through an entity associated with him.
Are the indirect PodcastOne (PODC) holdings fully beneficially owned by D. Jonathan Merriman?
The Form 4 notes that certain shares are held by a family trust and a custodial account. Merriman disclaims beneficial ownership of those indirect shares except for his pecuniary interest, even though he has voting and dispositive power as trustee or custodian.