ANDERSEN ERIC purchased 561.0% of their position (259.94K shares) of MERRIMACK PHARMACEUTICALS INC on the open market
Open‑market purchase worth $2.77M — a major conviction buy. The strongest form of insider conviction signal.
P · 4 purchases
Filed: 1/3/2023ACC: 0000899243-23-000225
DirectorOther
Since Sep 2019
+259.94K
Net shares
Net buyer
$2.77M
Total acquired
4
Open market trades
4B · 0S
4
Total transactions
259.94K acquired
Non-Derivative Transactions4
Common Stock
Indirect
Shares
+189.97K
Price / share
$10.55
Trade value
$2M
% of position
19.0%
12/29/2022
1M→1.19M
Common Stock
Indirect
Shares
+28.66K
Price / share
$10.55
Trade value
$302.38K
% of position
10.6%
12/29/2022
269.34K→298K
Common Stock
Indirect
Shares
+33.03K
Price / share
$11.33
Trade value
$374.32K
% of position
2.8%
12/30/2022
1.19M→1.22M
Common Stock
Indirect
Shares
+8.27K
Price / share
$11.33
Trade value
$93.72K
% of position
2.8%
12/30/2022
298K→306.27K
Total
Net shares
+259.94K
Net value
$2.77M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 12/29/2022 | P · Purchase | +189.97K | $10.55 | $2M | 19.0% | 1M | 1.19M |
| Common Stock Indirect | 12/29/2022 | P · Purchase | +28.66K | $10.55 | $302.38K | 10.6% | 269.34K | 298K |
| Common Stock Indirect | 12/30/2022 | P · Purchase | +33.03K | $11.33 | $374.32K | 2.8% | 1.19M | 1.22M |
| Common Stock Indirect | 12/30/2022 | P · Purchase | +8.27K | $11.33 | $93.72K | 2.8% | 298K | 306.27K |
| Total | +259.94K | $2.77M | ||||||
Derivative Transactions0
No derivative transactions reported