Form 4: BioCardia CEO Acquires 1,350 Shares in Open Market Transaction
SEC Form 4 Filing
BioCardia's President and CEO, Peter Altman, purchased 1,350 shares of common stock at $1.87 per share on November 15, 2024.
Summary
- Peter Altman, President and CEO of BioCardia, Inc., acquired 1,350 shares of the company's common stock.
- The transaction occurred on November 15, 2024, at a price of $1.87 per share.
- Following this transaction, Mr. Altman directly owns 105,331 shares of BioCardia common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive as the CEO's purchase could be seen as a sign of confidence, but it's a small transaction and not a major market signal.
Positives
- The CEO's purchase of shares may indicate confidence in the company's future prospects.
Industry Context
This is a routine filing related to insider trading and is common for publicly traded companies. It does not indicate any specific trend in the industry.
Comparison to Industry Standards
- Form 4 filings are standard practice for publicly traded companies in the US, and this transaction is consistent with typical insider trading activity.
- There are no specific industry benchmarks to compare this transaction to, as it is an individual executive's purchase of shares.
Stakeholder Impact
- The purchase may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 11/15/2024 | Date of the stock purchase transaction. |
| 11/19/2024 | Date the form was signed. |
Keywords
BioCardia, Peter Altman, stock purchase, insider trading, common stock, executive, share acquisition
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