PodcastOne director D. Jonathan Merriman buys $9,776 in shares

D. Jonathan Merriman, a PodcastOne director, acquired 4,700 shares of the company's common stock on October 8, 2026. The total investment amounted to $9,776, with each share priced at $2.08. This comes after a 10% decline in the stock price, which is now trading at $1.94. Merriman's direct ownership in PodcastOne is now 249,363 shares, with an additional 390,832 shares held indirectly through a family trust he manages.

He does not consider himself to have a beneficial stake in these shares, except for their financial value. Beyond these direct holdings, Merriman has an additional 5,200 shares in a custodial account for his son, under the Uniform Transfers to Minors Act, with him retaining voting and dispositive power. The investment occurred when PodcastOne's stock was declining, and Merriman's financial interests were somewhat complicated by the recent positive earnings report and substantial revenue from the fiscal first quarter of 2027.