Form 4: Issuer Direct Corp. Director Graeme P. Rein Increases Stake in Company

Director Graeme P. Rein reports open market purchases of Issuer Direct Corp. stock through Yorkmont Capital Partners, LP.

Summary

• On March 21 and 22, 2024, Graeme P. Rein, a director of Issuer Direct Corp., acquired shares of common stock through Yorkmont Capital Partners, LP.
• On March 21, 2024, 4,131 shares were purchased at a weighted average price of $11.98 per share, with individual transactions ranging from $11.85 to $12.06.
• On March 22, 2024, an additional 1,000 shares were purchased at a weighted average price of $11.99 per share, with individual transactions ranging from $11.98 to $12.00.
• Following these transactions, Yorkmont Capital Partners, LP beneficially owns 202,745 shares.
• Mr. Rein is the managing member of Yorkmont Capital Management, LLC, which is the general partner of Yorkmont Capital Partners, LP, making him an indirect beneficial owner of the shares.

Sentiment

Score: 6

Explanation: Insider buying is generally viewed as a positive sign, but the scale of the purchases is relatively small. Therefore, the sentiment is moderately positive.

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 buying is often monitored as an indicator of management's sentiment regarding the company's valuation and future performance relative to its peers.

Stakeholder Impact

• Shareholders may view the director's stock purchase as a positive signal.

Key Dates