Rocket Companies Inc – (RKT, +N, July 21th) Jay Farner (CEO and Vice Chairman, since 2020) has purchased $14.7 million of stock since April 2022 at an average price of $8.55, doubling his holdings to 3.5 million shares. These purchases have been under a 10b5-1 plan, established on Feb. 28, 2022, with his first purchase […]
MSC Industrial Direct Co inc – (MSM, +1, July 15th) Mitchell Jacobson (Chairman since 1998, CEO from 1995-2003) purchased 200,000 shares at $72.25 on July 13th, spending $14.45 million. Whilst modest relative to his 12.3m shareholding (6.3m A shares and 6m B shares) he has been a rare buyer with only two previous purchases since […]
Highpeak Energy Inc – (HPK, +1, July 6th) Steven Tholen (CFO since 2019) purchased $246,000 of stock on the 1st July at $24.65, increasing his holding by 67%. This is a notable purchase. The company was formed via a SPAC merger between Highpeak Energy (where Tholen was CFO) and Pure Acquisition in July 2020. The […]
Chesapeake Energy Corp – (CHK, +1, June 29th) Between June 16th and June 27th, the CEO, the COO, and the Chairman purchased a total of $996,553 of stock at an average price of $81.94. They are the first buyers since the company emerged from bankruptcy in February 2021. Domenic Dell’osso (CEO since 2021, CFO 2010-2021) […]