PodcastOne (PODC) director adds 6,300 shares in open-market purchase
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
PodcastOne, Inc. director D. Jonathan Merriman reported an open-market purchase of 6,300 shares of common stock at $2.22 per share on March 12, 2026. The shares were acquired indirectly through entities where he has voting and dispositive power, including a family trust and a custodial account for his son, and he disclaims beneficial ownership except for his pecuniary interest.
Following these transactions, filings show 5,200 shares held in a custodial account and 216,452 shares held directly in his name, giving investors a clearer picture of his current equity exposure.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 6,300 shares ($13,986)
Net Buy
3 txns
Insider
MERRIMAN D JONATHAN
Role
Director
Bought
6,300 shs ($14K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.00001 par value | 6,300 | $2.22 | $14K |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
| holding | Common Stock, $0.00001 par value | -- | -- | -- |
Holdings After Transaction:
Common Stock, $0.00001 par value — 289,552 shares (Indirect, See footnote);
Common Stock, $0.00001 par value — 216,452 shares (Direct)
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.
FAQ
What insider transaction did PodcastOne (PODC) disclose for D. Jonathan Merriman?
PodcastOne disclosed that director D. Jonathan Merriman bought 6,300 shares. He purchased common stock at $2.22 per share in an open-market transaction, increasing his indirect holdings through entities where he has voting and dispositive power.
What do the footnotes in the PodcastOne (PODC) Form 4 say about Merriman’s ownership?
The footnotes state that certain shares are held by a family trust and a custodial account. Merriman has voting and dispositive power over these, but he disclaims beneficial ownership except for his pecuniary interest, clarifying the nature of his indirect holdings.