PodcastOne director buys 7,700 shares at $2.30
A PodcastOne director bought 7,700 PODC shares via a family trust and now reports 249,363 shares held directly.
Rhea-AI Filing Summary
PodcastOne, Inc. (PODC) director D. Jonathan Merriman reported an open‑market purchase of 7,700 shares of common stock on September 16, 2026 at $2.30 per share, held indirectly through the D. Jonathan and Odile Merriman Family Trust. Merriman also reports 249,363 shares held directly after the reported transactions. The indirect holdings through the Trust and a custodial account for his son are reported with disclaimers of beneficial ownership except for his pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 7,700 shares
Net Buy
3 txns
Insider
MERRIMAN D JONATHAN
Role
Director
Bought
7,700 shs ($18K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.00001 par value F1 | 7,700 | $2.30 | $18K |
| holding | Common Stock, $0.00001 par value F2 | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.00001 par value — 366,632 shares (Indirect, See footnote);
Common Stock, $0.00001 par value — 249,363 shares (Direct)
Footnotes (2)
- 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. 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: 7,700 shares
Purchase price per share: $2.30 per share
Direct holdings after transaction: 249,363 shares
+2 more
5 metrics
Shares purchased
7,700 shares
Open-market or private purchase on September 16, 2026
Purchase price per share
$2.30 per share
Price paid for 7,700 PODC common shares
Direct holdings after transaction
249,363 shares
Common stock held directly by Merriman after reported transactions
Net shares bought
7,700 shares
Net buy direction across reported non-derivative transactions
Reporting person role
Director
Relationship of D. Jonathan Merriman to PodcastOne, Inc.
Key Terms
pecuniary interest, voting and dispositive power, Uniform Transfers to Minors Act
3 terms
pecuniary interest financial
"disclaims beneficial ownership in such shares held by the Trust, except for his pecuniary interest therein"
voting and dispositive power financial
"holds shared voting and dispositive power over such shares"
Uniform Transfers to Minors Act financial
"custodial account for the benefit of the Reporting Person's son under the Uniform Transfers to Minors Act"
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transaction did PODC director D. Jonathan Merriman report?
He reported a purchase of 7,700 shares of PodcastOne, Inc. common stock on September 16, 2026, at a price of $2.30 per share, in an open-market or private transaction.
Does the Form 4 for PODC indicate trades under a Rule 10b5-1 plan?
No. The filing’s Rule 10b5-1 checkbox is unchecked, so the reported purchase was not affirmed as being made under a Rule 10b5-1 trading plan.
What other indirect PODC holdings does Merriman report on this Form 4?
He reports shares held in a custodial account for his son under the Uniform Transfers to Minors Act, where he has voting and dispositive power but disclaims beneficial ownership except for his pecuniary interest.
AI-generated analysis. How Rhea-AI works. Not financial advice.