Form 4: Director Jerrold Grossman Increases Stake in ADMA Biologics
Insider Transaction Report
Director Jerrold B. Grossman acquired 12,500 shares of ADMA Biologics common stock in an open market transaction.
Summary
- Director Jerrold B. Grossman purchased 12,500 shares of ADMA Biologics common stock at a price of $8.01 per share.
- The transaction occurred on May 11, 2026.
- Following this acquisition, the director's direct beneficial ownership increased to 501,384 shares.
- The director maintains additional indirect holdings through various entities and family accounts totaling 92,707 shares.
Sentiment
Score: 7
Explanation: StockSavvy.ai views this as a moderately positive signal, as director-level open market purchases typically indicate confidence in the company's long-term prospects.
Positives
- Insider confidence is demonstrated by the director's open market purchase of company stock.
- The purchase price of $8.01 reflects a commitment to the company's current valuation.
Negatives
- None identified in this filing.
Risks
- The vesting of 10,690 RSUs is contingent upon the director's continued service through February 9, 2027.
Future Outlook
No specific forward-looking guidance regarding company operations was provided in this filing.
Industry Context
StockSavvy.ai notes that insider buying is generally viewed as a positive signal by the market, suggesting that those with the most intimate knowledge of the company's pipeline and financial health believe the stock is undervalued.
Comparison to Industry Standards
- Insider purchases are a standard indicator of management alignment with shareholder interests in the biotechnology sector.
- The scale of the purchase is consistent with typical director-level equity accumulation patterns.
Related Party Transactions
- The director maintains indirect ownership through Brookwood LLC, the Jerrold Grossman 2019 Irrevocable Trust, Genesis Foundation Inc., and his spouse.
Stakeholder Impact
- Shareholders may interpret this purchase as a vote of confidence in the company's strategic direction.
Next Steps
- Vesting of 10,690 RSUs scheduled for February 9, 2027.
Key Dates
| Date | Description |
|---|---|
| 05/11/2026 | Date of the open market purchase transaction. |
| 05/12/2026 | Date the Form 4 was filed with the SEC. |
Keywords
ADMA Biologics, Insider Trading, Form 4, Director Purchase, Biotech
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