Form 4: AudioEye Director Boosts Stake with $316K Share Purchase

AudioEye Director Jamil A. Tahir acquired 25,000 shares of common stock through indirect ownership via TurnMark Partners L.P. in early September 2025.

Summary

• Jamil A. Tahir, a Director and 10% Owner of AudioEye, Inc. (AEYE), purchased a total of 25,000 shares of common stock.
• These purchases were made indirectly through TurnMark Partners L.P., an entity where Tahir is a Manager of its General Partner.
• The transactions were executed under a Rule 10b5-1 plan, indicating a pre-arranged trading strategy.
• On September 4, 2025, 12,641 shares were acquired at a weighted average price of $12.5908 per share, with individual transaction prices ranging from $12.23 to $12.74.
• On September 5, 2025, an additional 12,359 shares were acquired at a weighted average price of $12.7136 per share, with individual transaction prices ranging from $12.45 to $12.90.
• Following these transactions, Tahir's indirect beneficial ownership through TurnMark Partners L.P. increased to 220,000 shares.
• Tahir also holds 130,207 shares directly, bringing his total beneficial ownership to 350,207 shares.
• The total value of the acquired shares across both transactions is approximately $316,281.

Sentiment

Score: 7

Explanation: The insider purchase by a director and 10% owner, especially under a 10b5-1 plan, generally indicates confidence in the company's future, which is a positive signal for investors.

Positives

• A Director and 10% owner, Jamil A. Tahir, increased his stake in AudioEye, Inc. by purchasing 25,000 shares, signaling confidence in the company's future.
• The purchases were made under a Rule 10b5-1 plan, which indicates a pre-planned investment strategy and can be viewed as a systematic commitment to the company.

Future Outlook

NA

Industry Context

NA

Related Party Transactions

• Jamil A. Tahir, a Director and 10% Owner, acquired shares indirectly through TurnMark Partners L.P. He is a Manager of TurnMark Capital LLC, which is the General Partner of TurnMark Partners LP. This constitutes a related party transaction as the reporting person has control over the entity making the purchase.

Stakeholder Impact

• Shareholders: May view the insider purchase as a positive signal of management confidence, potentially leading to increased investor interest and a more favorable perception of the company's stock.

Key Dates

Recommendation

The insider purchase by a Director and 10% owner, Jamil A. Tahir, signals management's confidence in AudioEye's future prospects. While this is a positive indicator, a Form 4 filing alone does not provide sufficient comprehensive financial data or strategic updates to warrant an immediate 'buy' or 'strong buy' recommendation. It primarily reinforces a 'hold' position for existing investors or suggests further due diligence for potential new investors, as it indicates internal belief in the company's value at the current price levels.

Keywords

AudioEye, AEYE, Insider Purchase, Director Stock Acquisition, Form 4, Jamil A. Tahir, TurnMark Partners, Stock Transaction, Beneficial Ownership, Rule 10b5-1