Form 4: Beyond Inc. Director Joseph Tabacco Jr. Buys $102,600 in Company Stock
SEC Form 4 Filing
Director Joseph Tabacco Jr. of Beyond Inc. recently purchased 10,000 shares of the company's common stock at an average price of $10.26 per share.
Summary
- On August 2, 2024, Joseph Tabacco Jr., a director of Beyond Inc. (BYON), purchased 10,000 shares of common stock.
- The purchase was made at a weighted average price of $10.26 per share, with individual transactions ranging from $10.23 to $10.27.
- Following the transaction, Mr. Tabacco directly owns 52,151 shares and indirectly owns 95,058 shares through the Joseph Tabacco and Peggy Schmidt Revocable Trust.
- Mr. Tabacco is the trustee and beneficiary of this revocable trust.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. A director purchasing shares suggests confidence, but it's a single transaction and doesn't provide a comprehensive view of the company's overall health.
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
Insider transactions are closely monitored by investors as they can provide insights into a company's prospects. Director purchases are generally viewed more favorably than sales.
Stakeholder Impact
- The stock purchase could have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 08/02/2024 | Date of stock purchase transaction |
| 08/05/2024 | Date of Form 4 filing |
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.