Form 4: BioCardia CEO Peter Altman Acquires Shares in Open Market Transaction
SEC Form 4 Filing
BioCardia's President and CEO, Peter Altman, purchased 250 shares of common stock at an average price of $2.22 per share on December 5, 2024.
Summary
- Peter Altman, the President and CEO of BioCardia, Inc., acquired 250 shares of the company's common stock on December 5, 2024.
- The shares were purchased at a weighted average price of $2.22, with individual trades ranging from $2.17 to $2.24 per share.
- Following this transaction, Mr. Altman directly owns 105,581 shares of BioCardia common stock.
Sentiment
Score: 6
Explanation: The sentiment is neutral to slightly positive. The CEO's purchase of shares is a positive sign, but the transaction is small and routine.
Positives
- The CEO's purchase of shares could be seen as a positive signal of confidence in the company's future prospects.
Industry Context
This is a routine filing related to insider trading activity 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 purchase by an executive.
Stakeholder Impact
- The purchase may have a slightly positive impact on shareholder sentiment.
Key Dates
| Date | Description |
|---|---|
| 12/05/2024 | Date of the stock purchase transaction by Peter Altman. |
| 12/09/2024 | Date the Form 4 was signed. |
Keywords
BioCardia, Peter Altman, stock purchase, insider trading, common stock, executive, share acquisition
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