EPPERSON STUART W (Chairman of the Board) purchased 31.3% of their position (64.58K shares) of SALEM MEDIA GROUP, INC. /DE/ on the open market
Open‑market purchase worth $63.9K — a major conviction buy. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 4/1/2020ACC: 0001562180-20-002787
DirectorOfficer10% Owner· Chairman of the Board
Since May 2019
+64.58K
Net shares
Net buyer
$63.9K
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
64.58K acquired
Non-Derivative Transactions3
Class A Common Stock
Direct
Shares
+21.53K
Price / share
$0.94
Trade value
$20.24K
% of position
10.4%
3/30/2020
206.38K→227.91K
Class A Common Stock
Direct
Shares
+21.53K
Price / share
$1.01
Trade value
$21.77K
% of position
9.4%
3/31/2020
227.91K→249.44K
Class A Common Stock
Direct
Shares
+21.53K
Price / share
$1.02
Trade value
$21.93K
% of position
8.6%
4/1/2020
249.44K→270.97K
Total
Net shares
+64.58K
Net value
$63.95K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 3/30/2020 | P · Purchase | +21.53K | $0.94 | $20.24K | 10.4% | 206.38K | 227.91K |
| Class A Common Stock Direct | 3/31/2020 | P · Purchase | +21.53K | $1.01 | $21.77K | 9.4% | 227.91K | 249.44K |
| Class A Common Stock Direct | 4/1/2020 | P · Purchase | +21.53K | $1.02 | $21.93K | 8.6% | 249.44K | 270.97K |
| Total | +64.58K | $63.95K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)2
Class A Common Stock
DirectShares owned1.95M
Class A Common Stock
IndirectShares owned1.15M
Total
1.95M direct·1.15M indirect3.10M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Class A Common Stock | 1.95M | Direct |
| Class A Common Stock | 1.15M | Indirect |
| Total | 3.10M | 1.95M direct·1.15M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported