Form 4: Southport Acquisition Director Buys Shares
Insider Transaction (Form 4)
Steven I Sarowitz, a Director of Southport Acquisition Corp, purchased 488,637 shares of common stock on September 9, 2026.
Summary
- Open-market purchase: acquired 132,639 Class A Common Stock, par value $0.0001 per share at $4.95 ($657,054) on September 9, 2026; holds 884,843 after (Direct).
- Open-market purchase: acquired 355,998 Class A Common Stock, par value $0.0001 per share at $5.28 ($1,879,349) on September 10, 2026; holds 1,240,841 after (Direct).
Sentiment
Score: 9
Explanation: StockSavvy.ai views this as a bullish signal: an insider made an open-market purchase of $2,536,403, committing personal capital to the stock.
Insider Transactions
Steven I Sarowitz — Director
| Date | Transaction | Security | Shares | Price | Value | Held After |
|---|---|---|---|---|---|---|
| 2026-09-09 | Open-market purchase | Class A Common Stock, par value $0.0001 per share | 132,639 | $5 | $657.1K | 884,843 |
| 2026-09-10 | Open-market purchase | Class A Common Stock, par value $0.0001 per share | 355,998 | $5 | $1.9M | 1,240,841 |
Key Dates
| Date | Description |
|---|---|
| 2026-09-09 | Open-market purchase (132,639 shares) |
| 2026-09-10 | Open-market purchase (355,998 shares) |
Keywords
insider transaction, Form 4, ANGX, Angel Studios, Inc., bullish, Steven I Sarowitz
Disclaimer:The information provided here is for general informational purposes only and does not constitute financial advice, recommendation, or endorsement of any kind. It may contain errors or omissions. You should not rely on this information to make financial decisions. Always seek the advice of a qualified financial professional before making any investment or financial decisions. Use of this information is at your own risk.