E. Thomas Corcoran, Director of Phibro Animal Health Corporation (NASDAQ:PAHC), reported the acquisition of 10,000 shares of Common Stock at a weighted average price of $31.77 per share on May 29, 2026, according to a SEC Form 4 filing.
Transaction summary
Metric | Value |
|---|---|
Shares traded | 10,000 |
Transaction value | ~$318,000 |
Post-transaction shares (direct) | 41,459 |
Post-transaction value (direct ownership) | ~$1.27 million |
Transaction value based on SEC Form 4 weighted average purchase price ($31.77); post-transaction value based on May 29, 2026 transaction price ($31.77).
Key questions
How does this transaction compare to Corcoran’s prior trading activity?
The 10,000-share purchase is the largest of three open-market acquisitions made by Corcoran since September 2024, exceeding his prior buys of 5,000 shares each.What is the current capacity for further acquisitions?
Following this transaction, Corcoran’s holdings increased by 31.79% to 41,459 shares, providing an enlarged capacity for future activity relative to his prior baseline.Was this purchase timed around material changes in market price?
The acquisition occurred with shares priced at $31.77, closely aligning with the May 29, 2026, market open of $31.76 and closing at $30.66, indicating the purchase was not timed to a dramatic price move.Does the transaction reflect a change in indirect or derivative exposure?
No indirect or derivative transactions were disclosed; Corcoran’s entire exposure remains in directly held Class A Common Stock.
Company overview
Metric | Value |
|---|---|
Revenue (TTM) | $1.50 billion |
Net income (TTM) | $95.23 million |
Dividend yield | 1..5% |
1-year price change | -17.45% |
* 1-year price change calculated using June 12, 2026, as the reference date.
Company snapshot
Phibro Animal Health Corporation offers a portfolio of animal health products, mineral nutrition solutions, and specialty performance products, with revenue primarily generated from sales to the livestock industry.
The company operates a vertically integrated business model, developing, manufacturing, and marketing products that address animal health, disease prevention, and nutritional needs for food-producing animals.
Primary customers include integrated poultry, swine, and cattle producers, as well as commercial feed manufacturers, wholesalers, and distributors across the United States and international markets.
Phibro Animal Health Corporation is a leading provider of animal health and mineral nutrition products, serving a global customer base with a focus on food animal production. The company leverages a diversified product portfolio and established distribution channels to maintain a competitive position in the animal health industry.
