SenesTech (SNES) major holder purchases 35,000 common shares
Rhea-AI Filing Summary
Glenbrook Capital Management, a ten percent owner of SenesTech, Inc., reported purchasing 35,000 shares of common stock on July 20, 2026 at an average price of $1.4734 per share in an open-market or private transaction. Following this trade, an account it manages held 1,057,824 shares indirectly. Glenbrook states these securities are held for a managed account and it disclaims beneficial ownership except to the extent of its pecuniary interest. The transaction was not marked as being under a Rule 10b5-1 trading plan.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 35,000 shares
Net Buy
1 txn
Insider
GLENBROOK CAPITAL MANAGEMENT
Role
10% Owner
Bought
35,000 shs ($52K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.001 par value per share ("Common Stock") F1 | 35,000 | $1.4734 | $52K |
Holdings After Transaction:
Common Stock, $0.001 par value per share ("Common Stock") — 1,057,824 shares (Indirect, See footnote)
Footnotes (1)
- F1. The securities to which this filing relates are held directly by a certain account for which Glenbrook Capital Management (the "Reporting Person") serves as the investment manager. The Reporting Person disclaims beneficial ownership of the securities to which this filing relates for purposes of Section 16 of the Securities and Exchange Act of 1934, as amended, except to the extent of its pecuniary interest therein, if any.
Key Figures
Shares purchased: 35,000 shares
Purchase price: $1.4734 per share
Shares held after transaction: 1,057,824 shares
3 metrics
Shares purchased
35,000 shares
Common stock bought on July 20, 2026
Purchase price
$1.4734 per share
Average price for the 35,000-share acquisition
Shares held after transaction
1,057,824 shares
Indirect holdings in a managed account following the purchase
Key Terms
ten percent owner, indirect ownership, beneficial ownership, pecuniary interest, +2 more
6 terms
ten percent owner regulatory
"Glenbrook Capital Management is identified as a ten percent owner"
indirect ownership regulatory
"the account it manages held 1,057,824 shares indirectly"
beneficial ownership regulatory
"The Reporting Person disclaims beneficial ownership of the securities"
Beneficial ownership means the person or entity that actually enjoys the benefits of owning shares or other assets — such as receiving dividends, voting rights, or price gains — even if the legal title is held in another name. For investors it matters because knowing who truly controls and profits from a company reveals who can influence decisions, exposes potential conflicts of interest or hidden concentration of power, and affects transparency and risk in the stock.
pecuniary interest financial
"except to the extent of its pecuniary interest therein, if any"
investment manager financial
"Glenbrook Capital Management serves as the investment manager"
Section 16 regulatory
"for purposes of Section 16 of the Securities and Exchange Act of 1934"
Section 16 is a U.S. securities law rule that governs the trading and disclosure obligations of company insiders — typically officers, directors and large shareholders — to promote transparency and deter unfair profit-taking. It requires insiders to publicly report their stock trades and allows companies or the issuer to reclaim quick, short-term profits from certain insider trades, like a scoreboard and a refund policy that help investors see and limit possible insider advantage.
AI-generated analysis. How Rhea-AI works. Not financial advice.
FAQ
What insider transaction did Glenbrook Capital report for SenesTech (SNES)?
Glenbrook Capital Management reported buying 35,000 SenesTech shares. The purchase occurred on July 20, 2026 at an average price of $1.4734 per share, increasing the indirectly held position for a managed account to 1,057,824 shares of common stock.
Is Glenbrook Capital Management a ten percent owner of SenesTech (SNES)?
Yes, Glenbrook Capital Management is identified as a ten percent owner. The reporting-person information classifies Glenbrook as a ten percent owner of SenesTech, Inc., which is why its transactions in SenesTech common stock trigger Section 16 reporting obligations.