Form 4: Southport Acquisition Director Buys Shares
Insider Transaction (Form 4)
Steven I Sarowitz, a Director of Southport Acquisition Corp, purchased 353,815 shares of common stock on August 12, 2026.
Summary
- Open-market purchase: acquired 246,153 Class A Common Stock, par value $0.0001 per share at $3.71 ($912,317) on August 12, 2026; holds 575,641 after (Direct).
- Open-market purchase: acquired 107,662 Class A Common Stock, par value $0.0001 per share at $4.12 ($443,277) on August 13, 2026; holds 683,303 after (Direct).
Sentiment
Score: 9
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $1,355,594, committing personal capital to the stock.
Insider Transactions
Steven I Sarowitz — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-08-12 | Open-market purchase | Class A Common Stock, par value $0.0001 per share | 246,153 | $4 | $912.3K | 575,641 |
| 2026-08-13 | Open-market purchase | Class A Common Stock, par value $0.0001 per share | 107,662 | $4 | $443.3K | 683,303 |
Key Dates
| Date | Description |
|---|---|
| 2026-08-12 | Open-market purchase (246,153 shares) |
| 2026-08-13 | Open-market purchase (107,662 shares) |
Keywords
insider transaction, Form 4, ANGX, Angel Studios, Inc., bullish, Steven I Sarowitz
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