← United States · Coverage record
US · SEC FORM 4
SurgePays, Inc.
SURG · Nasdaq · CIK 0001392694 · Communication Services · Telecom Services
INSIDER SIGNAL
1 buyers · 3 purchase transaction lines · $21.3K gross purchase
WHY THIS SIGNAL?
Score anatomy
Each bar shows the contribution to the current score; the weights and formula stay unchanged.
What is holding the score back?
- ⚠ Cluster breadth is moderate · 1 insider(s), not 4+
- ⚠ Purchase size is modest relative to the model scale
- ⚠ Purchase activity is becoming less recent
- ✓ Role scores high · most senior buyer: Director
Purchase-size comments are relative to the model scale. Average daily volume is a separate market-context diagnostic.
US-v1.2 ranks qualifying equity purchases under the current 180-day rules. The score is a research priority, not a return forecast or probability. Backtests have not shown that a higher US score is followed by better returns.
Insider activity timeline
Owner lanes show the latest 180 days. Symbol shape identifies the transaction type; sales remain context only.
—
Purchase breadth & concentration
Roles in the peak window: Director. Concentration uses priced qualifying P lines only and does not change the saved score.
SIGNAL HISTORY
Latest recorded score
- 41.1
- 41.1
- 41.1
- 41.0
- 41.0
Only scores saved when a full US scoring run completed are shown; gaps are not reconstructed.
Recent Form 4 activity
P is an open-market or private purchase. S is a sale. M, F, A and G usually describe exercises, tax withholding, awards and gifts. These categories remain visually separate.
Market context
Market context provides additional background on recent price performance and risk. It does not affect the Insider Signal.
Price performance
- 1M
- -13.9%
- 3M
- -56.6%
- 6M
- -78.8%
- 12M
- -95.0%
Volatility & liquidity
- Volatility
- 118.5%
- Beta
- —
- Avg daily value
- USD 2.8M
Valuation
- Market cap
- —
- P/E
- —
Fundamentals
- Profit margin
- -63.3%
- ROE
- —
- Industry
- Telecom Services
Market data
Price data up to: 2026-10-11 · Price source: OpenBB/yfinance; volume from price cache (yfinance) · From SEC filings: Profit margin · Fiscal year ended: 2025-12-31 · Status: PASS
Short interest
Short interest is external context reported to FINRA by broker-dealers. It does not affect the Insider Signal.
- Shares short
- 3,277,654
- Previous report
- 5,114,724
- Avg daily volume
- 16,502,535
- Days to cover
- ≤ 1.0
FINRA settlement date: 2026-09-30 · Captured 2026-10-12 · FINRA equity short interest ↗. A share count, published about a week after each of two settlement dates a month; not a percentage of shares outstanding.
Historical equity purchases
Qualifying code P transactions in the local Form 4 history, including purchases outside the current signal window.
| Transaction date | Reporting owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-06-05 | May David Allen | Purchase (P) | Common Stock | 34,716 | USD 0.53 | USD 18,399 | SEC filing ↗ |
| 2026-06-04 | May David Allen | Purchase (P) | Common Stock | 121 | USD 0.53 | USD 64 | SEC filing ↗ |
| 2026-06-03 | May David Allen | Purchase (P) | Common Stock | 5,413 | USD 0.53 | USD 2,869 | SEC filing ↗ |
| 2025-12-10 | May David Allen | Purchase (P) | Shares of Common Stock | 38,422 | USD 1.61 | USD 61,675 | SEC filing ↗ |
| 2025-05-16 | Cox Kevin Brian | Purchase (P) | Shares of Common Stock) | 15,073 | USD 2.75 | USD 41,451 | SEC filing ↗ |
| 2024-11-25 | Weisberg Laurie | Purchase (P) | Shares of Common Stock | 5,000 | USD 1.84 | USD 9,197 | SEC filing ↗ |
| 2024-11-22 | Weisberg Laurie | Purchase (P) | Shares of Common Stock | 2,809 | USD 1.70 | USD 4,775 | SEC filing ↗ |
| 2024-11-15 | Schurfeld Richard Earl | Purchase (P) | Shares of Common Stock | 3,500 | USD 1.60 | USD 5,600 | SEC filing ↗ |
| 2024-09-13 | Schurfeld Richard Earl | Purchase (P) | Shares of Common Stock | 1,800 | USD 1.50 | USD 2,700 | SEC filing ↗ |
| 2023-08-15 | Cox Kevin Brian | Purchase (P) | Common Stock, $0.001 par value per share | 5,200 | USD 4.72 | USD 24,544 | SEC filing ↗ |
| 2022-08-31 | Cox Kevin Brian | Purchase (P) | Common stock, $0.001 par value per share | 5,000 | USD 4.30 | USD 21,500 | SEC filing ↗ |
| 2022-08-18 | Cox Kevin Brian | Purchase (P) | Common stock, $0.001 par value per share | 7,000 | USD 4.77 | USD 33,360 | SEC filing ↗ |
| 2022-06-03 | Mott John | Purchase (P) | Common stock | 500 | USD 4.53 | USD 2,265 | SEC filing ↗ |
| 2022-06-02 | Cox Kevin Brian | Purchase (P) | Common stock, $0.001 par value per share | 4,900 | USD 4.39 | USD 21,511 | SEC filing ↗ |
| 2022-04-22 | May David Allen | Purchase (P) | Common stock, $0.001 par value per share | 30,000 | USD — | USD — | SEC filing ↗ |
Form 4 evidence
11 transaction lines in the latest 365-day window; 111 in local history.
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-07-31 | Weisberg Laurie | Award / grant (A) | Restricted Shares (Common Stock) | 315,179 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-07-31 | KEYS DAVID N | Award / grant (A) | Restricted Shares (Common Stock) | 315,179 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-07-31 | May David Allen | Award / grant (A) | Restricted Shares (Common Stock) | 315,179 | USD 0.00 | USD 0 | SEC filing ↗ |
Show recent Form 4 evidence (10 grouped rows)
| Date | Owner | Type | Security | Shares | Avg. price | Approx. value | Source |
|---|---|---|---|---|---|---|---|
| 2026-07-31 | Weisberg Laurie | Award / grant (A) | Restricted Shares (Common Stock) | 315,179 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-07-31 | KEYS DAVID N | Award / grant (A) | Restricted Shares (Common Stock) | 315,179 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-07-31 | May David Allen | Award / grant (A) | Restricted Shares (Common Stock) | 315,179 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-06-05 | May David Allen | Purchase (P) | Common Stock | 34,716 | USD 0.53 | USD 18,399 | SEC filing ↗ |
| 2026-06-04 | May David Allen | Purchase (P) | Common Stock | 121 | USD 0.53 | USD 64 | SEC filing ↗ |
| 2026-06-03 | May David Allen | Purchase (P) | Common Stock | 5,413 | USD 0.53 | USD 2,869 | SEC filing ↗ |
| 2026-06-01 | Cox Kevin Brian | Award / grant (A) | Common Stock | 500,000 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2026-04-01 | Cox Kevin Brian | Award / grant (A) | Common Stock | 500,000 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-31 | Evers Anthony George | Award / grant (A) | Shares of Common Stock | 200,000 | USD 0.00 | USD 0 | SEC filing ↗ |
| 2025-12-10 | May David Allen | Purchase (P) | Shares of Common Stock | 38,422 | USD 1.61 | USD 61,675 | SEC filing ↗ |
Multiple price lines in one filing are grouped and share-weighted. Price and value are blank when a grouped filing line lacks price evidence.
Snapshot & identity
| Snapshot date | 2026-10-18 |
|---|---|
| Ranking version | US-v1.2 |
| Data quality | PASS ELIGIBLE · — |
| Ticker | SURG |
| CIK | 0001392694 |
| Sector | Communication Services |
| Industry | Telecom Services Yahoo Finance |
| SEC SIC | 4813 Telephone Communications (No Radiotelephone) |
| Exchange | Nasdaq |
Data coverage
| Local Form 4 history | 111 transaction lines from 2020-10-12 to 2026-07-31 58 P purchase lines · 19 S sale lines · 34 other lines |
|---|---|
| SEC company submissions | Open SEC filings ↗ |
Local ledger as of 2026-10-18. Mapping status is an audit field and does not erase SEC filing evidence.