[Form 4] Urban One, Inc. Class D Insider Trading Activity
Brian W. McNeill, a director of Urban One, Inc. (symbols UONE/UONEK), reported a sale of 220,901 shares of Class D common stock on 08/27/2025 at a price of $0.8168 per share. After the transaction he reports beneficial ownership of 234,213 shares in total. The Form 4 indicates the filing was made by one reporting person and includes an explanatory note that the reported total aggregates shares held across all classes of Urban One stock. The form discloses the reporting person’s mailing address in Santa Ana, CA, and is signed on behalf of the filer on 08/28/2025.
- Timely SEC disclosure of an insider sale complying with Section 16 requirements
- Clear reporting of post-transaction beneficial ownership aggregated across share classes
- Director sold 220,901 Class D shares on 08/27/2025 at $0.8168 per share, reducing direct holdings
- Form provides no context for the sale (e.g., trading plan or reason), so intent and materiality are unclear
Insights
TL;DR: A director sold 220,901 Class D shares at $0.8168, reducing direct holdings to 234,213 shares; disclosure was timely.
The sale of 220,901 Class D shares at $0.8168 per share is a clear liquidity event from a director rather than a company operational disclosure. The Form 4 provides precise transaction details including post-transaction beneficial ownership and the reporting person’s relationship as a director. Without information on total outstanding shares or prior insider activity, the investor impact cannot be judged as material. The filing does, however, maintain regulatory transparency about insider trading activity.
TL;DR: Director-level disposition disclosed on Form 4 shows governance transparency but no additional context on intent or materiality.
The Form 4 meets Section 16 reporting requirements by stating the director’s sale date, quantity, price and remaining beneficial ownership. It confirms the reporting person’s status as a director and a single filer. The explanatory note clarifies the post-transaction count aggregates all share classes. The form does not provide reasons for the sale or indicate any related-party arrangements, so governance implications are limited to the fact of a disclosed insider sale.