Sep. 15 at 10:30 PM
Venu Holding Corp. reported that two senior executives purchased a combined 400,000 shares for
$700,000, with both transactions executed at
$1.75 per share on Sept. 11, 2024. Director Thomas M. Finke acquired 200,000 common shares, increasing his total holdings to 329,605 shares, according to a Form 4 filing with the SEC.
CEO and Chairman Jay W. Roth also purchased 200,000 shares through the JWR Living Trust, bringing the trust’s holdings to 262,500 shares. Roth separately owns 9,276,413 shares directly and has an additional 999,720 shares indirectly through the KMR Living Trust.
The combined insider purchases represent a notable
$700,000 investment by two senior company executives. Insider buying is closely watched by investors because executives have detailed knowledge of a company’s operations, financial position and strategic plans, although such transactions do not necessarily predict future stock performance.
$VENU