EPPERSON STUART W (Chairman of the Board) purchased 21.9% of their position (59.41K shares) of SALEM MEDIA GROUP, INC. /DE/ on the open market
Open‑market purchase worth $50.6K — a significant purchase. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 4/6/2020ACC: 0001562180-20-002931
DirectorOfficer10% Owner· Chairman of the Board
Since May 2019
+59.41K
Net shares
Net buyer
$50.6K
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
59.41K acquired
Non-Derivative Transactions3
Class A Common Stock
Direct
Shares
+21.53K
Price / share
$0.86
Trade value
$18.49K
% of position
7.9%
4/2/2020
270.97K→292.50K
Class A Common Stock
Direct
Shares
+14.54K
Price / share
$0.81
Trade value
$11.79K
% of position
5.0%
4/3/2020
292.50K→307.03K
Class A Common Stock
Direct
Shares
+23.35K
Price / share
$0.87
Trade value
$20.29K
% of position
7.6%
4/6/2020
307.03K→330.38K
Total
Net shares
+59.41K
Net value
$50.57K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 4/2/2020 | P · Purchase | +21.53K | $0.86 | $18.49K | 7.9% | 270.97K | 292.50K |
| Class A Common Stock Direct | 4/3/2020 | P · Purchase | +14.54K | $0.81 | $11.79K | 5.0% | 292.50K | 307.03K |
| Class A Common Stock Direct | 4/6/2020 | P · Purchase | +23.35K | $0.87 | $20.29K | 7.6% | 307.03K | 330.38K |
| Total | +59.41K | $50.57K | ||||||
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