ANDERSEN ERIC purchased 81.5% of their position (160.59K shares) of MERRIMACK PHARMACEUTICALS INC on the open market
Open‑market purchase worth $1.85M — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 3/22/2023ACC: 0000950170-23-009171
DirectorOther
Since Sep 2019
+160.59K
Net shares
Net buyer
$1.85M
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
160.59K acquired
Non-Derivative Transactions2
Common Stock
Indirect
Shares
+127.41K
Price / share
$11.52
Trade value
$1.47M
% of position
9.9%
3/21/2023
1.28M→1.41M
Common Stock
Indirect
Shares
+33.18K
Price / share
$11.52
Trade value
$382.25K
% of position
10.2%
3/21/2023
324.33K→357.51K
Total
Net shares
+160.59K
Net value
$1.85M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Indirect | 3/21/2023 | P · Purchase | +127.41K | $11.52 | $1.47M | 9.9% | 1.28M | 1.41M |
| Common Stock Indirect | 3/21/2023 | P · Purchase | +33.18K | $11.52 | $382.25K | 10.2% | 324.33K | 357.51K |
| Total | +160.59K | $1.85M | ||||||
Derivative Transactions0
No derivative transactions reported