Form 4: Beyond Air Director Robert Carey Acquires 100,000 Shares
SEC Form 4 Filing
Robert Carey, a director at Beyond Air, Inc., purchased 100,000 shares of common stock at a price of $0.3968 per share on August 14, 2024.
Summary
- On August 14, 2024, Robert Carey, a director of Beyond Air, Inc. (XAIR), acquired 100,000 shares of the company's common stock.
- The purchase price was $0.3968 per share.
- Following the transaction, Carey directly owns 3,076,864 shares of Beyond Air, Inc.
Sentiment
Score: 6
Explanation: The sentiment is neutral. It's a routine disclosure of a stock purchase by a director. While insider buying can be seen as a positive signal, it's not overwhelmingly positive without additional context.
Positives
- A director's purchase of company stock can be seen as a positive signal, indicating confidence in the company's future prospects.
Industry Context
This filing is a routine disclosure required by the SEC for corporate insiders. It provides transparency into the trading activities of individuals with access to non-public information.
Stakeholder Impact
- Shareholders may view the director's stock purchase as a positive sign of confidence in the company's prospects.
Key Dates
| Date | Description |
|---|---|
| 08/14/2024 | Date of transaction: Robert Carey purchased 100,000 shares of Beyond Air, Inc. common stock. |
| 08/15/2024 | Date of signature on the Form 4 filing. |
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