SCHEDULE: Bimini Capital Director Sells Significant Stock Holding

Bimini Capital Management director Frank E. Jaumot sold 534,495 shares of Class A Common Stock, reducing his beneficial ownership to 0.3%.

Summary

• This is Amendment No. 2 to Schedule 13D for Bimini Capital Management, Inc.'s Class A Common Stock.
• The primary purpose of this amendment is to correct the date of Amendment No. 1.
• Frank E. Jaumot, a director of Bimini Capital Management, Inc., sold 534,495 shares of Class A Common Stock on December 19, 2025.
• The shares were sold at a price of $1.55 per share.
• Following this transaction, Mr. Jaumot beneficially owns 36,027 shares, which represents approximately 0.3% of the Issuer's outstanding Class A Common Stock.
• No other transactions in the Issuer's securities were effected by Mr. Jaumot during the last 60 days.

Sentiment

Score: 3

Explanation: The sentiment is negative due to a director selling a substantial portion of their holdings, which can be interpreted as a lack of confidence in the company's future prospects.

Negatives

• A director, Frank E. Jaumot, sold a substantial portion of his holdings (534,495 shares), which could be interpreted as a lack of confidence in the company's near-term prospects.
• The sale price of $1.55 per share might indicate the director believes the current valuation is favorable for selling.

Industry Context

This filing reflects an insider transaction, specifically a director selling a significant portion of their shares. While not directly tied to broader industry trends, such sales can sometimes precede or coincide with shifts in company-specific or sector-wide performance, or simply be for personal financial planning.

Stakeholder Impact

• Shareholders: May experience decreased confidence due to a director's significant share sale, potentially leading to downward pressure on the stock price.

Key Dates

Recommendation

While a director's significant share sale is a negative signal, this filing alone does not provide enough comprehensive financial or operational data to warrant a 'sell' recommendation. Investors should 'hold' and monitor future company performance, additional insider activity, and broader market conditions before making further investment decisions. The sale could be for personal reasons unrelated to company fundamentals, but it introduces uncertainty.

Keywords

Bimini Capital Management, BIMINI, BMCI, Schedule 13D, Insider Selling, Director Stock Sale, Common Stock, Share Ownership, Frank E. Jaumot