EPPERSON STUART W (Chairman of the Board) purchased 21.2% of their position (70.04K shares) of SALEM MEDIA GROUP, INC. /DE/ on the open market
Open‑market purchase worth $60.7K — a significant purchase. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 4/9/2020ACC: 0001562180-20-002974
DirectorOfficer10% Owner· Chairman of the Board
Since May 2019
+70.04K
Net shares
Net buyer
$60.7K
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
70.04K acquired
Non-Derivative Transactions3
Class A Common Stock
Direct
Shares
+23.35K
Price / share
$0.89
Trade value
$20.82K
% of position
7.1%
4/7/2020
330.38K→353.72K
Class A Common Stock
Direct
Shares
+23.35K
Price / share
$0.81
Trade value
$18.95K
% of position
6.6%
4/8/2020
353.72K→377.07K
Class A Common Stock
Direct
Shares
+23.35K
Price / share
$0.89
Trade value
$20.89K
% of position
6.2%
4/9/2020
377.07K→400.42K
Total
Net shares
+70.04K
Net value
$60.66K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Class A Common Stock Direct | 4/7/2020 | P · Purchase | +23.35K | $0.89 | $20.82K | 7.1% | 330.38K | 353.72K |
| Class A Common Stock Direct | 4/8/2020 | P · Purchase | +23.35K | $0.81 | $18.95K | 6.6% | 353.72K | 377.07K |
| Class A Common Stock Direct | 4/9/2020 | P · Purchase | +23.35K | $0.89 | $20.89K | 6.2% | 377.07K | 400.42K |
| Total | +70.04K | $60.66K | ||||||
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