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[Form 4] Sound Point Meridian Capital, Inc. Insider Trading Activity

Filing Impact
(Moderate)
Filing Sentiment
(Positive)
Form Type
4

Rhea-AI Filing Summary

Sound Point Meridian Capital, Inc. reported insider open‑market purchases by its Chairman and Director. On 10/20/2025, 5,000 common shares were purchased at a weighted average price of $15.61 (range $15.34–$15.79); on 10/21/2025, 2,000 shares at $15.31 (range $15.29–$15.34); on 10/22/2025, 1,000 shares at $15.60.

Following these trades, beneficial ownership was 95,090 shares directly, plus 815.039 shares held indirectly by SPC Consolidator LLC.

Positive

  • None.

Negative

  • None.
Insider Ketchum Stephen
Role Chairman
Bought 8,000 shs ($124K)
Type Security Shares Price Value
Purchase Common Stock, par value $0.001 per share 1,000 $15.60 $16K
Purchase Common Stock, par value $0.001 per share 2,000 $15.31 $31K
Purchase Common Stock, par value $0.001 per share 5,000 $15.61 $78K
holding Common Stock, par value $0.001 per share -- -- --
Holdings After Transaction: Common Stock, par value $0.001 per share — 95,090 shares (Direct); Common Stock, par value $0.001 per share — 815.039 shares (Indirect, By SPC Consolidator LLC)
Footnotes (1)
  1. The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $15.34 to $15.79. The Reporting Person hereby undertakes to provide, upon request, to the staff of the Securities and Exchange Commission ("SEC"), Sound Point Meridian Capital, Inc. (the "Issuer"), or any security holder of the Issuer, full information regarding the number of shares bought at each separate price within the range set forth in this footnote (1) to this Form 4. The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $15.29 to $15.34. The Reporting Person hereby undertakes to provide, upon request, to the staff of the SEC, the Issuer, or any security holder of the Issuer, full information regarding the number of shares bought at each separate price within the range set forth in this footnote (2) to this Form 4. Represents 815.039 shares held by SPC Consolidator LLC ("SPC"), of which the reporting person is the Managing Member. Accordingly, the reporting person may be deemed to have or share beneficial ownership of the shares held by SPC. The reporting person disclaims beneficial ownership of all of the securities that are or may be beneficially owned by SPC, or any of its affiliates except to the extent of his pecuniary interest therein.
Form 4 Insider Transactions: What Each Field Means →
SEC Form 4
FORM 4 UNITED STATES SECURITIES AND EXCHANGE COMMISSION
Washington, D.C. 20549

STATEMENT OF CHANGES IN BENEFICIAL OWNERSHIP

Filed pursuant to Section 16(a) of the Securities Exchange Act of 1934
or Section 30(h) of the Investment Company Act of 1940
OMB APPROVAL
OMB Number: 3235-0287
Estimated average burden
hours per response: 0.5
Check this box if no longer subject to Section 16. Form 4 or Form 5 obligations may continue. See Instruction 1(b).
Check this box to indicate that a transaction was made pursuant to a contract, instruction or written plan for the purchase or sale of equity securities of the issuer that is intended to satisfy the affirmative defense conditions of Rule 10b5-1(c). See Instruction 10.
1. Name and Address of Reporting Person*
Ketchum Stephen
(Last) (First) (Middle)
C/O SOUND POINT MERIDIAN CAPITAL, INC.
375 PARK AVENUE, 34TH FLOOR
(Street)
NEW YORK NY 10152
(City) (State) (Zip)
2. Issuer Name and Ticker or Trading Symbol
Sound Point Meridian Capital, Inc. [ SPMC ] 		5. Relationship of Reporting Person(s) to Issuer
(Check all applicable)
X Director 10% Owner
X Officer (give title below) Other (specify below)
Chairman
3. Date of Earliest Transaction (Month/Day/Year)
10/20/2025
4. If Amendment, Date of Original Filed (Month/Day/Year)
 6. Individual or Joint/Group Filing (Check Applicable Line)
X Form filed by One Reporting Person
Form filed by More than One Reporting Person
Table I - Non-Derivative Securities Acquired, Disposed of, or Beneficially Owned
1. Title of Security (Instr. 3) 2. Transaction Date (Month/Day/Year) 2A. Deemed Execution Date, if any (Month/Day/Year) 3. Transaction Code (Instr. 8) 4. Securities Acquired (A) or Disposed Of (D) (Instr. 3, 4 and 5) 5. Amount of Securities Beneficially Owned Following Reported Transaction(s) (Instr. 3 and 4) 6. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 7. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V Amount (A) or (D) Price
Common Stock, par value $0.001 per share 10/20/2025 P 5,000 A $15.61(1) 92,090 D
Common Stock, par value $0.001 per share 10/21/2025 P 2,000 A $15.31(2) 94,090 D
Common Stock, par value $0.001 per share 10/22/2025 P 1,000 A $15.6 95,090 D
Common Stock, par value $0.001 per share 815.039 I By SPC Consolidator LLC(3)
Table II - Derivative Securities Acquired, Disposed of, or Beneficially Owned
(e.g., puts, calls, warrants, options, convertible securities)
1. Title of Derivative Security (Instr. 3) 2. Conversion or Exercise Price of Derivative Security 3. Transaction Date (Month/Day/Year) 3A. Deemed Execution Date, if any (Month/Day/Year) 4. Transaction Code (Instr. 8) 5. Number of Derivative Securities Acquired (A) or Disposed of (D) (Instr. 3, 4 and 5) 6. Date Exercisable and Expiration Date (Month/Day/Year) 7. Title and Amount of Securities Underlying Derivative Security (Instr. 3 and 4) 8. Price of Derivative Security (Instr. 5) 9. Number of derivative Securities Beneficially Owned Following Reported Transaction(s) (Instr. 4) 10. Ownership Form: Direct (D) or Indirect (I) (Instr. 4) 11. Nature of Indirect Beneficial Ownership (Instr. 4)
Code V (A) (D) Date Exercisable Expiration Date Title Amount or Number of Shares
Explanation of Responses:
1. The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $15.34 to $15.79. The Reporting Person hereby undertakes to provide, upon request, to the staff of the Securities and Exchange Commission ("SEC"), Sound Point Meridian Capital, Inc. (the "Issuer"), or any security holder of the Issuer, full information regarding the number of shares bought at each separate price within the range set forth in this footnote (1) to this Form 4.
2. The price reported in Column 4 is a weighted average price. The shares were bought in multiple transactions at prices ranging from $15.29 to $15.34. The Reporting Person hereby undertakes to provide, upon request, to the staff of the SEC, the Issuer, or any security holder of the Issuer, full information regarding the number of shares bought at each separate price within the range set forth in this footnote (2) to this Form 4.
3. Represents 815.039 shares held by SPC Consolidator LLC ("SPC"), of which the reporting person is the Managing Member. Accordingly, the reporting person may be deemed to have or share beneficial ownership of the shares held by SPC. The reporting person disclaims beneficial ownership of all of the securities that are or may be beneficially owned by SPC, or any of its affiliates except to the extent of his pecuniary interest therein.
/s/ Andrea Sayago, as Attorney-In-Fact 10/22/2025
** Signature of Reporting Person Date
Reminder: Report on a separate line for each class of securities beneficially owned directly or indirectly.
* If the form is filed by more than one reporting person, see Instruction 4 (b)(v).
** Intentional misstatements or omissions of facts constitute Federal Criminal Violations See 18 U.S.C. 1001 and 15 U.S.C. 78ff(a).
Note: File three copies of this Form, one of which must be manually signed. If space is insufficient, see Instruction 6 for procedure.
Persons who respond to the collection of information contained in this form are not required to respond unless the form displays a currently valid OMB Number.

Source: View Original Filing on SEC EDGAR

FAQ

What insider transactions were reported for SPMC?

Open-market purchases: 5,000 shares at a weighted average price of $15.61 on 10/20/2025; 2,000 shares at $15.31 on 10/21/2025; 1,000 shares at $15.60 on 10/22/2025.

What is the insider's role at Sound Point Meridian Capital (SPMC)?

The reporting person is a Director and Officer (Chairman).

How many shares does the insider own after the reported trades?

Beneficial ownership after the trades was 95,090 shares directly.

Is there any indirect ownership reported for SPMC?

Yes. 815.039 shares are held indirectly by SPC Consolidator LLC.

Were the reported prices exact or weighted averages?

Weighted average prices were disclosed with ranges, and detailed breakdowns are available upon request as noted in the footnotes.

What were the price ranges for the weighted average purchases?

For 10/20/2025: $15.34–$15.79. For 10/21/2025: $15.29–$15.34.