Robert Grammen, Board Member at Eastside Distilling (NASDAQ:EAST), reported a large insider buy on October 5, according to a new SEC filing.
What Happened: A Form 4 filing from the U.S. Securities and Exchange Commission on Thursday showed that Grammen purchased 50,000 shares of Eastside Distilling. The total transaction amounted to $80,750.
Eastside Distilling shares are trading down 0.0% at $1.85 at the time of this writing on Friday morning.
Now trade stocks online commission free with Charles Schwab, a trusted and complete investment firm.
The Importance of Insider Transactions
Insider transactions shouldn't be used primarily to make an investing decision, however an ...