EPPERSON STUART W (Chairman of the Board) purchased 44.2% of their position (63.22K shares) of SALEM MEDIA GROUP, INC. /DE/ on the open market
Open‑market purchase worth $65.7K — a major conviction buy. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 3/27/2020ACC: 0001562180-20-002726
DirectorOfficer10% Owner· Chairman of the Board
Since May 2019
+63.22K
Net shares
Net buyer
$65.7K
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
63.22K acquired
Non-Derivative Transactions3
Class A Common Stock
Direct
Shares
+21.07K
Price / share
$1.04
Trade value
$21.88K
% of position
14.7%
3/25/2020
143.17K→164.24K
Class A Common Stock
Direct
Shares
+21.07K
Price / share
$1.05
Trade value
$22.21K
% of position
12.8%
3/26/2020
164.24K→185.31K
Class A Common Stock
Direct
Shares
+21.07K
Price / share
$1.02
Trade value
$21.59K
% of position
11.4%
3/27/2020
185.31K→206.38K
Total
Net shares
+63.22K
Net value
$65.68K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 3/25/2020 | P · Purchase | +21.07K | $1.04 | $21.88K | 14.7% | 143.17K | 164.24K |
| Class A Common Stock Direct | 3/26/2020 | P · Purchase | +21.07K | $1.05 | $22.21K | 12.8% | 164.24K | 185.31K |
| Class A Common Stock Direct | 3/27/2020 | P · Purchase | +21.07K | $1.02 | $21.59K | 11.4% | 185.31K | 206.38K |
| Total | +63.22K | $65.68K | ||||||
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