Eriksen entity buys 5,500 Saker Aviation shares
Saker Aviation Services, Inc. insider filings report that entities associated with Howard Timothy Eriksen, a ten percent owner, purchased 5,500 shares of common stock on 2026-08-14 at $5.84 per share in an indirect transaction.
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Rhea-AI Filing Summary
Saker Aviation Services, Inc. insider filings report that entities associated with Howard Timothy Eriksen, a ten percent owner, purchased 5,500 shares of common stock on 2026-08-14 at $5.84 per share in an indirect transaction. Following this purchase, affiliated entities held 172,801 indirectly owned shares, while Eriksen also held 9,678 shares directly. The indirectly owned shares are held by Cedar Creek Partners LLC and managed accounts of Eriksen Capital Management LLC, and Eriksen disclaims beneficial ownership beyond his pecuniary interest.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common stock F1, F2 | 5,500 | $5.84 | $32K |
| holding | Common stock | -- | -- | -- |
Footnotes (2)
- F1. Represents 118,668 shares owned by Cedar Creek Partners LLC, an investment partnership, for which Eriksen Capital Management LLC ("ECM") is Managing Member, and 54,133 shares owned by managed accounts of ECM. The respective owners of the managed accounts are responsible to vote the shares. The reporting person disclaims beneficial ownership of the reported securities except to the extent of his pecuniary interest therein.
- F2. This Form 4 is filed jointly by ECM, Cedar Creek Partners LLC, and Mr. Eriksen. By virtue of ECM's Investment Advisory Agreement with the clients of ECM, Mr. Eriksen may be deemed to beneficially own the shares owned by Cedar Creek Partners and the managed accounts.
Key Figures
Key Terms
ten percent owner regulatory
indirect ownership financial
managed accounts financial
pecuniary interest financial
investment partnership financial
FAQ
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What insider transaction did SKAS reporting person Howard Timothy Eriksen file on this Form 4?
What beneficial ownership disclaimer does Eriksen make in this SKAS Form 4 filing?
AI-generated analysis. How Rhea-AI works. Not financial advice.