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Frequency Electronics(FEIM.US) 10% Shareholder Buys US$99,400 in Common Stocks

moomoo News ·  Mar 22 17:36

$Frequency Electronics (FEIM.US)$ 10% Shareholder Edenbrook Capital, LLC purchased 10,000 shares of Common Stocks on Mar 20, 2024 at an average price of $9.94 for a total value of $99,400.

This transaction involves other related parties: EDENBROOK LONG ONLY VALUE FUND, LP and Brolin Jonathan.

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What is statement of changes in beneficial ownership of securities?

It is a requirement under federal securities laws that mandates individuals, including officers, directors, and those who hold more than 10% of any class of a company's securities (collectively known as "insiders"), to report their purchases, sales, and holdings of their company's securities by submitting Forms 3, 4, and 5.

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