Form 4: PodcastOne Director Jonathan Merriman Reports Stock Transactions
SEC Form 4 Filing
Director Jonathan Merriman reports acquisition and disposal of PodcastOne, Inc. stock, including the settlement of restricted stock units.
Summary
- On February 21, 2025, Director Jonathan Merriman acquired 16,113 shares of PodcastOne, Inc. common stock through the conversion of restricted stock units.
- On February 24, 2025, Merriman acquired 4,700 shares at a price of $2 per share.
- Following these transactions, Merriman directly owns 216,452 shares and indirectly owns 179,279 shares through a family trust.
Sentiment
Score: 5
Explanation: This is a routine disclosure of stock transactions by a company director, with no inherently positive or negative implications.
Industry Context
Form 4 filings are standard practice for reporting changes in beneficial ownership by company insiders, providing transparency to investors.
Stakeholder Impact
- The transactions provide transparency to shareholders regarding insider activity.
Key Dates
| Date | Description |
|---|---|
| 09/08/2023 | Start date of service period for director fees related to restricted stock units. |
| 09/30/2024 | End date of service period for director fees related to restricted stock units. |
| 02/21/2025 | Date of restricted stock unit conversion and acquisition of 16,113 shares. |
| 02/24/2025 | Date of acquisition of 4,700 shares at $2 per share. |
| 02/25/2025 | Date of signature on the Form 4 filing. |
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