CEO Ryan Steelberg Buys $126K of Veritone Stock at $0.85
VERI is trading near its 52-week low of $0.803 (8.3% above the low).
Summary
CEO Ryan Steelberg bought $126,637 of Veritone stock at $0.85 per share on August 21, 2026, via his living trust, increasing his indirect holdings to 730,284 shares.
Key Events · Ownership and Investor Activity · VERI
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CEO Open-Market Purchase
Ryan Steelberg bought 148,810 shares at $0.851 per share for $126,637.31 on August 21, 2026, via The RSS Living Trust.
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Financial Impact
The purchase represents 0.147% of the company's market cap and increases Steelberg's indirect trust holdings to 730,284 shares.
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Risk Context
The purchase comes days after the Q2 10-Q reiterated a going concern warning with $12.4M in cash against $45.5M in notes due November 2026.
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Prior-Disclosure Context
Steelberg previously received 1.85 million equity awards in July 2026 and cut his own salary by 50% as part of cost-reduction efforts.
Analysis · VERI · Technology
CEO Ryan Steelberg purchased 148,810 shares at $0.851 per share for $126,637.31 on August 21, 2026, through The RSS Living Trust. This is an open-market purchase, not an option exercise or grant, and comes just days after the company's Q2 10-Q reiterated a going concern warning with only $12.4M in cash against $45.5M in notes due November 2026. The CEO putting real money into the stock at this price is a notable vote of confidence amid severe financial distress, though the dollar amount is modest relative to the company's market cap.
How filings like this one have moved
In the 30 days to Aug 24, 2026, 29.4% of the 2796 measured filings Wiseek scored 7 moved their stock by 5% or more by the next session's close. The median move was -0.03%. These are measured outcomes after filings of this importance, not a forecast for this one.
Measured one observation per ticker per day, after exclusions. Current figures: Filing Impact Tracker · open dataset
At the time of this filing, VERI was trading at $0.87 on NASDAQ in the Technology sector, with a market capitalization of approximately $86M. The 52-week trading range was $0.80 to $9.42. This filing was assessed with positive market sentiment and an importance score of 7 out of 10.