Insider purchases: Winmill & Co. increases SELF stake to 71,142 shares
Rhea-AI Filing Summary
Winmill & Co. Inc. reported two open-market purchases of Global Self Storage, Inc. (Ticker: SELF) common stock on 08/27/2025 and 08/28/2025. On 08/27/2025 the reporting person acquired 5,477 shares at $5.3578, increasing its beneficial ownership to 63,933 shares. On 08/28/2025 an additional 7,209 shares were purchased at $5.4228, bringing total reported beneficial ownership to 71,142 shares. The filing notes the Reporting Person may be deemed an affiliate and describes the Winmill Family Trust and four trustees who may have indirect beneficial interests; those parties expressly disclaim beneficial ownership of the reported shares. The transactions were filed on 08/28/2025.
Positive
- Filed purchases recorded showing transparent disclosure of insider acquisitions on 08/27/2025 and 08/28/2025
- Reported beneficial ownership increased to 71,142 shares, reflecting additional insider holdings
Negative
- Filing does not disclose total outstanding shares or percentage ownership, limiting assessment of transaction materiality
- Reporting Person 'may be deemed to be an affiliate', which could complicate ownership attribution despite disclaimers
Insights
TL;DR: Two small open-market purchases increased reported ownership to 71,142 shares, reflecting routine insider accumulation.
The Form 4 documents two purchases executed on consecutive days at prices of $5.3578 and $5.4228, raising Winmill & Co.'s reported beneficial holdings from an earlier level to 71,142 shares. The filing contains no sales, option exercises, or derivative activity. No revenue, earnings, or valuation context is provided in the filing, so market impact assessment must rely solely on the size and timing of these purchases relative to total outstanding shares, which is not disclosed here.
TL;DR: Disclosure clarifies potential affiliate status and indirect ownership via a family trust; trustees disclaim beneficial ownership of these shares.
The Remarks state the Reporting Person "may be deemed to be an affiliate" and that the Winmill Family Trust owns voting stock of Winmill & Co. Four named trustees may be viewed as controlling persons with potential indirect beneficial ownership, though they disclaim ownership of the reported shares. The filing is signed and dated by an authorized representative, satisfying Form 4 execution requirements. No related-party transactions or changes in control are disclosed.