EPPERSON STUART W (Chairman of the Board) purchased 146.7% of their position (51.58K shares) of SALEM MEDIA GROUP, INC. /DE/ on the open market
Open‑market purchase worth $46.8K — a major conviction buy. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 3/19/2020ACC: 0001562180-20-002649
DirectorOfficer10% Owner· Chairman of the Board
Since May 2019
+51.58K
Net shares
Net buyer
$46.8K
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
51.58K acquired
Non-Derivative Transactions3
Class A Common Stock
Direct
Shares
+17.19K
Price / share
$0.97
Trade value
$16.61K
% of position
48.9%
3/17/2020
35.16K→52.35K
Class A Common Stock
Direct
Shares
+17.19K
Price / share
$0.91
Trade value
$15.58K
% of position
32.8%
3/18/2020
52.35K→69.55K
Class A Common Stock
Direct
Shares
+17.19K
Price / share
$0.85
Trade value
$14.57K
% of position
24.7%
3/19/2020
69.55K→86.74K
Total
Net shares
+51.58K
Net value
$46.77K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 3/17/2020 | P · Purchase | +17.19K | $0.97 | $16.61K | 48.9% | 35.16K | 52.35K |
| Class A Common Stock Direct | 3/18/2020 | P · Purchase | +17.19K | $0.91 | $15.58K | 32.8% | 52.35K | 69.55K |
| Class A Common Stock Direct | 3/19/2020 | P · Purchase | +17.19K | $0.85 | $14.57K | 24.7% | 69.55K | 86.74K |
| Total | +51.58K | $46.77K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)2
Class A Common Stock
IndirectShares owned1.15M
Class A Common Stock
DirectShares owned1.95M
Total
1.95M direct·1.15M indirect3.10M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 1.15M | Indirect |
| Class A Common Stock | 1.95M | Direct |
| Total | 3.10M | 1.95M direct·1.15M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported