Veritone (NASDAQ: VERI) CEO adds to stake with fresh open-market buy
Rhea-AI Filing Summary
Veritone, Inc. (VERI) director and president/CEO Ryan Steelberg reported an open-market purchase of Veritone common stock on August 21, 2026. An entity associated with him, The RSS Living Trust dated April 6, 2012, purchased 148,810 shares at a weighted average price of $0.851 per share, in multiple trades between $0.84 and $0.86. Following this transaction, the trust held 730,284 shares indirectly. Steelberg also reported 2,200,868 shares held directly and 2,003,349 shares held indirectly through RVH, LLC, where he is the sole manager and member. He is trustee of the RSS Living Trust and may be deemed a beneficial owner of those shares, while disclaiming beneficial ownership except to the extent of his pecuniary interest.
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Insights
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Insider Trade Summary
Net Buyer: 148,810 shares
Net Buy
3 txns
Insider
Steelberg Ryan
Role
PRESIDENT AND CEO
Bought
148,810 shs ($127K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock F1, F2 | 148,810 | $0.851 | $127K |
| holding | Common Stock | -- | -- | -- |
| holding | Common Stock F3 | -- | -- | -- |
Holdings After Transaction:
Common Stock — 730,284 shares (Indirect, The RSS Living Trust, dated April 6, 2012);
Common Stock — 2,200,868 shares (Direct);
Common Stock — 2,003,349 shares (Indirect, RVH, LLC)
Footnotes (3)
- F1. The reported price in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $0.84 to $0.86 per share, inclusive. The Reporting Person undertakes to provide to the Issuer, any security holder of the Issuer, or the staff of the Securities Exchange Commission, upon request, full information regarding the number of shares purchased at each separated price within the range set forth in this footnote.
- F2. Reporting person is the trustee of The RSS Living Trust dated April 6, 2012 and, as such, reporting person may be deemed a beneficial owner of such shares. Reporting person disclaims beneficial ownership of such shares, except to the extent of his pecuniary interest therein.
- F3. Shares are held by RVH, LLC, a limited liability company. Reporting person is the sole manager and member of RVH, LLC.
Key Figures
Shares purchased: 148,810 shares
Weighted average purchase price: $0.851 per share
Purchase price range: $0.84–$0.86 per share
+3 more
6 metrics
Shares purchased
148,810 shares
Common Stock purchased indirectly by The RSS Living Trust on August 21, 2026
Weighted average purchase price
$0.851 per share
Average price for the 148,810 shares purchased on August 21, 2026
Purchase price range
$0.84–$0.86 per share
Range of individual trade prices for the reported purchase
Indirect holdings – RSS Living Trust
730,284 shares
Common Stock held indirectly after the reported transaction
Direct holdings
2,200,868 shares
Common Stock held directly by Ryan Steelberg after the transaction
Indirect holdings – RVH, LLC
2,003,349 shares
Common Stock held indirectly through RVH, LLC
Key Terms
weighted average price, beneficial owner, disclaims beneficial ownership, pecuniary interest, +1 more
5 terms
weighted average price financial
"The reported price in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
beneficial owner financial
"reporting person may be deemed a beneficial owner of such shares."
A beneficial owner is the person who ultimately owns or controls a financial asset or property, even if their name isn't directly on official documents. Think of it like someone who secretly holds the keys to a safe deposit box—others may appear to have access, but the true owner is the one who benefits from what's inside. Identifying beneficial owners helps ensure transparency and prevent illegal activities like money laundering or fraud.
disclaims beneficial ownership financial
"Reporting person disclaims beneficial ownership of such shares, except to the extent"
pecuniary interest financial
"except to the extent of his pecuniary interest therein."
indirect ownership financial
"Shares are held by RVH, LLC, a limited liability company."
FAQ
What insider transaction did VERI CEO Ryan Steelberg report on August 21, 2026?
Ryan Steelberg reported that The RSS Living Trust purchased 148,810 shares of Veritone common stock on August 21, 2026 at a weighted average price of $0.851 per share in multiple trades between $0.84 and $0.86.
What are Ryan Steelberg’s direct holdings of VERI stock after the transaction?
The Form 4 reports that Ryan Steelberg directly held 2,200,868 shares of Veritone common stock after the August 21, 2026 transaction.
AI-generated analysis. How Rhea-AI works. Not financial advice.
