Glenbrook entities add SenesTech (SNES) stake with 3,000-share open-market buy
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Glenbrook Capital Management-related entities acquired additional SenesTech, Inc. shares in the open market. On the reported date, PFS Trust, the Glenbrook Capital Management Inc. Employee Profit-Sharing Plan, and various managed funds together purchased 3,000 shares of SenesTech common stock at $1.469 per share, bringing their indirect holdings reported in this filing to 893,635 shares. Glenbrook Capital Management, as investment manager, disclaims beneficial ownership beyond any pecuniary interest.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 3,000 shares ($4,407)
Net Buy
1 txn
Insider
GLENBROOK CAPITAL MANAGEMENT
Role
null
Bought
3,000 shs ($4K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock, $0.001 par value per share | 3,000 | $1.469 | $4K |
Holdings After Transaction:
Common Stock, $0.001 par value per share — 893,635 shares (Indirect, See footnote)
Footnotes (1)
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Key Figures
Shares purchased: 3,000 shares
Purchase price: $1.469 per share
Indirect holdings after transaction: 893,635 shares
3 metrics
Shares purchased
3,000 shares
Open-market buy on the reported transaction date
Purchase price
$1.469 per share
Price for SenesTech common stock transaction
Indirect holdings after transaction
893,635 shares
Total SenesTech common shares indirectly held after purchase
Key Terms
Employee Profit-Sharing Plan, pecuniary interest, Section 16
3 terms
Employee Profit-Sharing Plan financial
"Glenbrook Capital Management Inc. Employee Profit-Sharing Plan ("GCM EPSP")"
pecuniary interest financial
"except to the extent of its pecuniary interest therein, if any"
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.
FAQ
What insider transaction did Glenbrook Capital Management report for SNES?
Glenbrook Capital Management-related entities reported buying 3,000 shares of SenesTech common stock. The purchase was an open-market transaction, increasing the indirect position reported in this filing to 893,635 shares held through trusts, a profit-sharing plan, and managed funds.