EDENS WESLEY R purchased 59.1% of their position (1.75M shares) of DRIVE SHACK INC. on the open market
Open‑market purchase worth $2.64M — a major conviction buy. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 3/13/2020ACC: 0001209191-20-018966
+1.75M
Net shares
Net buyer
$2.64M
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
1.75M acquired
Non-Derivative Transactions3
Common Stock, par value $0.01 per share
Direct
Shares
+465K
Price / share
$1.41
Trade value
$657.74K
% of position
15.7%
3/11/2020
2.96M→3.43M
Common Stock, par value $0.01 per share
Direct
Shares
+535K
Price / share
$1.42
Trade value
$760.66K
% of position
15.6%
3/12/2020
3.43M→3.96M
Common Stock, par value $0.01 per share
Direct
Shares
+751.96K
Price / share
$1.62
Trade value
$1.22M
% of position
19.0%
3/13/2020
3.96M→4.71M
Total
Net shares
+1.75M
Net value
$2.64M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock, par value $0.01 per share Direct | 3/11/2020 | P · Purchase | +465K | $1.41 | $657.74K | 15.7% | 2.96M | 3.43M |
| Common Stock, par value $0.01 per share Direct | 3/12/2020 | P · Purchase | +535K | $1.42 | $760.66K | 15.6% | 3.43M | 3.96M |
| Common Stock, par value $0.01 per share Direct | 3/13/2020 | P · Purchase | +751.96K | $1.62 | $1.22M | 19.0% | 3.96M | 4.71M |
| Total | +1.75M | $2.64M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)2
Common Stock, par value $0.01 per share
IndirectShares owned3.85M
Common Stock, par value $0.01 per share
IndirectShares owned775.00
Total
3.85M indirect3.85M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock, par value $0.01 per share | 3.85M | Indirect |
| Common Stock, par value $0.01 per share | 775.00 | Indirect |
| Total | 3.85M | 3.85M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported