Form 4: Old Market Capital Corp Director and 10% Owner Acquires 73,000 Shares

Adam K. Peterson, a director and 10% owner of Old Market Capital Corp, acquired 73,000 shares of common stock at $6.00 per share.

Summary

• Adam K. Peterson, a director and 10% owner of Old Market Capital Corp, has acquired 73,000 shares of the company's common stock.
• The shares were purchased at a price of $6.00 per share.
• The transaction took place on December 13, 2024.
• Following this transaction, Mr. Peterson directly owns 2,515,471 shares.
• The shares are also indirectly owned by Magnolia Capital Fund, LP, of which The Magnolia Group, LLC is the general partner and investment manager, and Mr. Peterson is the managing member.
• Mr. Peterson and The Magnolia Group, LLC disclaim beneficial ownership except to the extent of their respective pecuniary interests.

Sentiment

Score: 6

Explanation: The document is a neutral disclosure of an insider transaction. It doesn't indicate a strong positive or negative sentiment, but the insider purchase could be seen as a slightly positive sign.

Positives

• A director and 10% owner has increased their stake in the company, which could be seen as a positive sign of confidence in the company's future.

Management Comments

• Mr. Peterson and The Magnolia Group, LLC disclaim beneficial ownership except to the extent of their respective pecuniary interests.

Industry Context

This is a standard SEC Form 4 filing, which is common for publicly traded companies when insiders make transactions in their company's stock. It is a routine disclosure required by law.

Comparison to Industry Standards

• Form 4 filings are a standard practice for publicly traded companies in the US, and this filing is consistent with those requirements.
• The transaction is a typical insider purchase, and the disclosure is in line with SEC regulations.
• There are no unusual aspects to this filing compared to similar filings from other companies.

Stakeholder Impact

• The transaction may have a minor positive impact on shareholder confidence due to the insider purchase.

Key Dates

Keywords

insider trading, share acquisition, beneficial ownership, common stock, director, 10% owner, Old Market Capital Corp, OMCC, Adam K. Peterson, Magnolia Capital Fund, Magnolia Group