Sound Point Meridian CEO adds 8,000 shares at $15.71

Rhea-AI Filing Summary

Sound Point Meridian Capital, Inc. reported insider open‑market purchases by its Chief Executive Officer and Director. On 10/20/2025, the reporting person bought 12,000 shares of common stock at a weighted average price of $15.36, executed across trades from $15.35 to $15.39. On 10/22/2025, an additional 8,000 shares were bought at a weighted average price of $15.71, within a $15.65 to $15.75 range.

Following these transactions, the filing shows 78,579 shares beneficially owned, held directly. The footnotes state the reporting person will provide detailed trade breakdowns upon request.

Insights

Equity Governance Analyst

CEO open-market purchases increased direct holdings; routine insider buy with limited immediate operational impact.

The CEO and director of Sound Point Meridian Capital, Inc. reported two open‑market purchases of common stock on 10/20/2025 and 10/22/2025. The transactions totaled 20,000 shares at weighted average prices of $15.36 and $15.71, respectively, bringing directly held shares to 78,579. The Form 4 uses code "P," indicating purchases in the open market. No derivative securities were reported.

Prices were disclosed as weighted averages with ranges of $15.35–$15.39 and $15.65–$15.75, and the reporting person undertakes to provide trade-level detail upon request. This increases direct ownership and signals alignment through additional equity exposure, but it does not change corporate strategy, capital structure, or guidance.

Key items to watch: any subsequent Form 4 activity, whether a Rule 10b5‑1 plan is later noted, and cumulative insider buying trends through Q4 2025. The filing records factual ownership change only; it does not include operational or financial updates beyond these acquisitions.

Insider Trade Summary

Net Buyer: 20,000 shares ($310,000)

Net Buy 2 txns

Insider Desai Ujjaval

Role Chief Executive Officer

Bought 20,000 shs ($310K)

Type	Security	Shares	Price	Value
Purchase	Common stock, par value $0.001 per share	8,000	$15.71	$126K
Purchase	Common stock, par value $0.001 per share	12,000	$15.36	$184K

Holdings After Transaction: Common stock, par value $0.001 per share — 78,579 shares (Direct)

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 $15.35 to $15.39. 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 $15.65 to $15.75. 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.

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^*

Desai Ujjaval

(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)
	Chief Executive Officer

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		12,000	A	$15.36(1)	70,579	D
Common stock, par value $0.001 per share	10/22/2025		P		8,000	A	$15.71(2)	78,579	D

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 $15.35 to $15.39. 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 $15.65 to $15.75. 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.

	/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.

FAQ

What insider transactions were reported for SPMC?

The CEO and Director reported open‑market purchases of 12,000 shares at $15.36 on 10/20/2025 and 8,000 shares at $15.71 on 10/22/2025.

What is the CEO’s total beneficial ownership after these trades for SPMC?

The filing shows 78,579 shares beneficially owned directly after the reported transactions.

What were the price ranges for the SPMC insider purchases?

For 10/20/2025, trades ranged from $15.35–$15.39. For 10/22/2025, trades ranged from $15.65–$15.75.

Were the SPMC trades executed under a Rule 10b5-1 plan?

The excerpt includes the 10b5‑1(c) checkbox language, but it does not indicate a checked box.

What roles does the reporting person hold at Sound Point Meridian Capital, Inc. (SPMC)?

The reporting person is a Director and serves as Chief Executive Officer.

What security was involved in the SPMC insider transactions?

Common stock, par value $0.001 per share.