Orfanos Lou 4

What Happened

Lou Orfanos, a director of Thryv Holdings, reported a purchase of 5,000 shares on March 18, 2026. The reported price was $2.60 per share for a total transaction value of $13,000. The transaction is coded "P" (purchase), indicating an open market or private purchase—this is a buy, which insiders' purchases are often viewed as a more informative (bullish) signal than routine sales.

Key Details

• Transaction date: 2026-03-18; Price: $2.60 per share; Shares purchased: 5,000; Total value: $13,000.
• Transaction code: P (purchase — open market or private purchase); filing does not specify which.
• Form 4 filing date: 2026-03-23 (filed 5 days after the transaction); appears late relative to the typical 2-business-day Section 16 reporting requirement.
• Shares owned after the transaction: not disclosed in the provided filing.
• No footnotes, 10b5-1 plan, option exercise, gift, or tax-withholding items are indicated in the reported transaction.

Context

This was a straight purchase by a company director (not an option exercise or award). Purchases by insiders can signal confidence but are not definitive evidence of future company performance. The late filing is procedural information investors should note, as prompt reporting is required under Section 16.