Director at Service Properties (NASDAQ: SVC) buys 83,333 shares
Filing Impact
Filing Sentiment
Form Type
4
Rhea-AI Filing Summary
Service Properties Trust director Donna D. Fraiche made an open-market purchase of company stock. On this transaction date, she bought 83,333 Common Shares of Beneficial Interest at a price of $1.20 per share. After the purchase, she directly owned 182,013 common shares.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 83,333 shares ($100,000)
Net Buy
1 txn
Insider
FRAICHE DONNA D.
Role
Director
Bought
83,333 shs ($100K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Shares of Beneficial Interest | 83,333 | $1.20 | $100K |
Holdings After Transaction:
Common Shares of Beneficial Interest — 182,013 shares (Direct)
Footnotes (1)
Key Figures
Shares purchased: 83,333 shares
Purchase price: $1.20 per share
Shares owned after transaction: 182,013 shares
+1 more
4 metrics
Shares purchased
83,333 shares
Open-market purchase of common shares
Purchase price
$1.20 per share
Price paid for each common share
Shares owned after transaction
182,013 shares
Direct holdings following the purchase
Net buy shares
83,333 shares
Net change in position from this filing
Key Terms
open-market purchase, Common Shares of Beneficial Interest, Form 4
3 terms
open-market purchase financial
"Transaction was an open-market purchase at $1.2000 per share."
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.
Form 4 regulatory
"The insider transaction was disclosed on 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.
FAQ
What insider transaction did SVC director Donna D. Fraiche report?
Donna D. Fraiche reported an open-market purchase of 83,333 Common Shares of Beneficial Interest in Service Properties Trust. The shares were bought in a single non-derivative transaction disclosed as a standard Form 4 insider filing with the SEC.
Was the SVC insider transaction a buy or a sell?
The insider transaction by Donna D. Fraiche in Service Properties Trust was a buy. It is coded as an open-market purchase, with 83,333 common shares acquired and no shares sold, resulting in a net-buy position in this Form 4 filing.
Did the SVC Form 4 include any derivative securities activity?
No derivative securities were reported in this SVC Form 4. The filing shows only a non-derivative open-market purchase of common shares, and the derivativeSummary section is empty, indicating no option or other derivative exercises or conversions in this transaction.