Latest Insider Trading
Filed: 2026-01-27
Key Insights
- Insider Sabas Carrillo, who is the CEO and a 10% owner of Blum Holdings, acquired over 2.5 million shares of the company's common stock on December 31, 2025 at $0.98 per share, indicating his confidence in the company's future performance.
- Carrillo also owns a significant stake in the company through his ownership of Adnant, LLC, which holds over 3.5 million shares of Blum Holdings' Series V Preferred Stock, which are convertible into common stock.
- The company's issuance of common stock to Adnant, LLC was done in reliance on the private placement exemption under Section 4(a)(2) of the Securities Act, suggesting the company may be raising capital through private placements rather than public offerings.