SenesTech (SNES) CEO Edell makes open-market purchase of 1,000 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
SenesTech, Inc. director and Chief Executive Officer Michael Edell reported an open-market purchase of company shares. On June 8, 2026, he bought 1,000 shares of Common Stock at $1.55 per share. After this transaction, he directly owns 4,000 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 1,000 shares ($1,550)
Net Buy
1 txn
Insider
Edell Michael
Role
Chief Executive Officer
Bought
1,000 shs ($2K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 1,000 | $1.55 | $2K |
Holdings After Transaction:
Common Stock — 4,000 shares (Direct, null)
Footnotes (1)
Key Figures
Shares purchased: 1,000 shares
Purchase price: $1.55 per share
Shares owned after trade: 4,000 shares
3 metrics
Shares purchased
1,000 shares
Open-market buy on June 8, 2026
Purchase price
$1.55 per share
Common Stock transaction
Shares owned after trade
4,000 shares
Direct Common Stock holdings post-transaction
Key Terms
open-market purchase, Common Stock, Form 4, direct ownership
4 terms
open-market purchase financial
"reported an open-market purchase of company shares"
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
Common Stock financial
"he bought 1,000 shares of Common Stock at $1.55 per share"
Common stock represents ownership shares in a company, giving investors a stake in its success and a say in important decisions through voting rights. It is the most common type of stock traded on markets and can provide income through dividends, as well as potential for value growth. For investors, holding common stock means sharing in the company’s profits and risks.
Form 4 regulatory
"according to a new Form 4"
Form 4 is a official document that company insiders, such as executives or major shareholders, file with regulators whenever they buy or sell company shares. It provides transparency about how those with inside knowledge are trading, helping investors see if insiders are confident in the company's prospects or may be selling for personal reasons. This information can influence investor decisions by revealing insiders' perspectives on the company's value.
direct ownership financial
"represents his direct, non-derivative ownership"
FAQ
What insider transaction did SenesTech (SNES) report in this Form 4?
SenesTech reported that CEO and director Michael Edell completed an open-market purchase of 1,000 shares of Common Stock. The transaction was executed at a price of $1.55 per share on June 8, 2026, and increased his directly held position.
What are Michael Edell’s total SenesTech (SNES) holdings after this transaction?
Following the reported purchase, Michael Edell directly owns 4,000 shares of SenesTech Common Stock. This figure includes the newly acquired 1,000 shares and represents his direct, non-derivative ownership as disclosed in the Form 4 filing data.
Was the SenesTech (SNES) CEO’s trade a buy or a sell transaction?
The transaction was a buy. The Form 4 lists transaction code “P” and describes it as an open-market purchase, indicating Michael Edell acquired 1,000 additional Common Stock shares rather than disposing of any existing holdings.
Is the SenesTech (SNES) CEO’s ownership classified as direct or indirect in this filing?
The filing classifies Michael Edell’s 4,000 SenesTech shares as direct ownership, with the ownership code marked “D.” No trusts, partnerships, or other entities are referenced, and there are no derivative positions reported in the derivative holdings summary.