Form 4: Old Market Capital Director and 10% Owner Adam K. Peterson Increases Stake Through Stock Award

Adam K. Peterson, a Director and 10% Owner of Old Market Capital Corp (OMCC), increased his beneficial ownership by 6,136 shares of common stock through an award that vested immediately.

Summary

• Adam K. Peterson, a Director and 10% Owner of Old Market Capital Corp (OMCC), acquired 6,136 shares of common stock on July 3, 2025.
• These shares were awarded at a price of $0.00 per share and vested immediately upon award.
• Following this transaction, Mr. Peterson's direct and indirect beneficial ownership totals 2,538,442 shares of common stock.
• The closing stock price of Old Market Capital Corp's common stock on NASDAQ on the transaction date, July 3, 2025, was $5.80 per share.
• The shares are directly owned by Mr. Peterson and the Magnolia Capital Fund (MCF), with The Magnolia Group, LLC (TMG) serving as the general partner and investment manager of MCF.
• Mr. Peterson is the managing member of TMG, and both TMG and Mr. Peterson could be deemed to share indirect beneficial ownership of the reported shares.

Sentiment

Score: 7

Explanation: The acquisition of shares by a director and 10% owner, especially through an immediately vested award, is generally a positive signal of insider confidence and alignment of interests, though it's not a direct market purchase.

Positives

• A Director and 10% Owner, Adam K. Peterson, increased his beneficial ownership in Old Market Capital Corp, signaling continued alignment with shareholder interests.
• The 6,136 shares awarded vested immediately, indicating a direct and immediate increase in the insider's stake.

Future Outlook

The document does not provide any forward-looking statements or guidance regarding the company's future performance or strategic direction.

Management Comments

• Adam K. Peterson serves as a Director and is a 10% Owner of Old Market Capital Corp.
• The reported shares are directly owned by Adam K. Peterson and the Magnolia Capital Fund (MCF), of which The Magnolia Group, LLC (TMG) is the general partner and investment manager.
• Mr. Peterson is the managing member of TMG, and both TMG and Mr. Peterson could be deemed to share indirect beneficial ownership of the shares.
• TMG and Mr. Peterson disclaim beneficial ownership except to the extent of their respective pecuniary interests therein.

Industry Context

Insider transactions, particularly acquisitions by directors and significant shareholders, are generally viewed by the market as a positive signal, indicating confidence in the company's future prospects and aligning management's interests with those of shareholders. This specific transaction, being an award rather than a market purchase, reflects compensation or incentive structures for key personnel.

Related Party Transactions

• The transaction involves Adam K. Peterson, a Director and 10% Owner of Old Market Capital Corp, and entities he controls (Magnolia Capital Fund, LP and Magnolia Group, LLC), making it a related party transaction.

Stakeholder Impact

• Shareholders may view the increased insider ownership positively, as it suggests management's confidence in the company's future and aligns their interests with those of other shareholders.

Key Dates

Keywords

Old Market Capital Corp, OMCC, Adam K. Peterson, Insider Trading, Stock Award, Beneficial Ownership, Director, 10% Owner, SEC Form 4, Equity Acquisition