SCHEDULE: Director Boosts Stake in Bimini Capital to 14.8%

Bimini Capital Management director Robert J. Dwyer increased his beneficial ownership of Class A Common Stock to 14.8% through a recent acquisition.

Summary

• Robert J. Dwyer, a director of Bimini Capital Management, Inc., beneficially owns 1,476,339 shares of Class A Common Stock.
• This ownership represents approximately 14.8% of the Issuer's outstanding Class A Common Stock.
• On December 19, 2025, Dwyer acquired an additional 100,000 shares of Common Stock at a price of $1.55 per share.
• The shares were acquired using personal funds or were issued as compensation for serving as a director.
• The purpose of the transaction is for investment, and Dwyer may acquire or dispose of additional shares in the future.

Sentiment

Score: 7

Explanation: The increase in a director's beneficial ownership, particularly through a direct purchase, generally indicates confidence in the company's prospects, which is a positive signal for investors.

Positives

• A director, Robert J. Dwyer, increased his stake in the company, signaling confidence in its future prospects.
• The acquisition was made using personal funds, indicating a direct financial commitment from an insider.

Future Outlook

The Reporting Person intends to hold the shares for investment purposes and may acquire additional shares or dispose of existing shares in the future, potentially receiving future director's compensation in the form of shares of Common Stock.

Management Comments

• The Reporting Person has acquired the shares of Common Stock that are beneficially owned by him for investment purposes.
• The Reporting Person may acquire additional shares of Common Stock for cash or as director's fees and may otherwise acquire or dispose of shares of Common Stock in the future.

Industry Context

This filing reflects an insider's increased stake, which can sometimes be interpreted as a positive signal of confidence in the company's future within its specific industry, though it does not provide broader industry trend analysis.

Stakeholder Impact

• Shareholders: Increased insider ownership may be viewed positively, signaling management's alignment with shareholder interests.
• Management: The director's increased stake reinforces his commitment to the company.

Next Steps

• The Reporting Person may acquire or dispose of additional shares of Common Stock in the future.
• The Reporting Person may receive future director's compensation in the form of shares of Common Stock.

Key Dates

Recommendation

While the director's increased stake is a positive signal of confidence, this filing alone does not provide sufficient financial or operational details to warrant a 'buy' recommendation. It primarily indicates insider alignment. Investors should 'hold' and await further financial disclosures for a comprehensive assessment.

Keywords

Bimini Capital Management, BCM, Robert J. Dwyer, Schedule 13D, beneficial ownership, insider buying, Class A Common Stock, director stake