Insider buying on Oct 20, 2025

On Oct 20, 2025, 23 insiders at 15 companies filed 40 purchases reported on Form 4, worth $9.8M in all, with a median purchase of $29.4K. The largest was Saba Capital Management, L.P., 10% owner of ASA Gold & Precious Metals Ltd (ASA), who reported buying 81,855 shares worth $4.0M. Officers accounted for 22 purchases, directors who are not officers for 6, and 10% owners with no board or officer role for 10. Chief executives and chief financial officers filed 8 purchases: Gould Jeffrey, PRESIDENT AND CEO, Director of BRT Apartments Corp. (BRT); Hand Joseph Thomas, President & CEO, Director of York Water Co (YORW); O'Dowd William IV, Chief Executive Officer, Director of Dolphin Entertainment, Inc. (DLPN) among others. 3 companies showed cluster buying, two or more insiders buying within 7 days: YORW (7 insiders), BRT (3 insiders), MBX (2 insiders). For 5 insiders of 23, this was the first purchase of that company's stock on our record. That is fewer than the 48 purchases filed on Oct 17, 2025. A Form 4 is due within two business days of the trade, so most of these purchases were made earlier in the week. Code P also covers shares bought privately from the company, so one large figure can be a negotiated placement rather than buying on the exchange.