Form 4: Alliance Entertainment Holding Corp: Director Bruce Ogilvie Jr. Reports Recent Stock Purchases

Director Bruce Ogilvie Jr. reports purchasing Alliance Entertainment Holding Corp stock in late February and early March.

Summary

• On February 27, 2024, Bruce Ogilvie Jr., a director of Alliance Entertainment Holding Corp, purchased 200 shares of Class A Common Stock at $1.65 per share.
• On March 1, 2024, Mr. Ogilvie purchased an additional 100 shares of Class A Common Stock at $1.69 per share.
• Following these transactions, Mr. Ogilvie indirectly beneficially owns 15,279,575 shares.
• This number excludes 8,554,025 shares owned by the Ogilvie Legacy Trust, where Mr. Ogilvie is neither a trustee nor a beneficiary.
• The reported shares are owned by a trust and a corporation indirectly wholly-owned by Mr. Ogilvie.
• The Bruce Ogilvie, Jr. Trust dated January 20, 1994, beneficially owns 15,195,975 shares, while a corporation owns 300 shares.

Sentiment

Score: 6

Explanation: The sentiment is neutral to slightly positive due to insider buying, which can be interpreted as a sign of confidence. However, the amount is small.

Positives

• Director's purchase of shares may signal confidence in the company's prospects.

Industry Context

Insider buying is often seen as a positive sign, suggesting that those with the most knowledge of the company's prospects are optimistic about its future.

Stakeholder Impact

• The stock purchases could have a slightly positive impact on shareholder sentiment.

Key Dates