GARCIA PHILIPP (EVP) purchased 34.5% of their position (6K shares) of PACIFIC MERCANTILE BANCORP on the open market
Open‑market purchase worth $20.4K — a major conviction buy. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 5/14/2020ACC: 0001562180-20-003615
Officer· EVP
Since Mar 2020
+6K
Net shares
Net buyer
$20.4K
Total acquired
2
Open market trades
2B · 0S
2
Total transactions
6K acquired
Non-Derivative Transactions2
Common Stock
Direct
Shares
+3.93K
Price / share
$3.40
Trade value
$13.35K
% of position
22.5%
5/12/2020
17.41K→21.34K
Common Stock
Direct
Shares
+2.07K
Price / share
$3.40
Trade value
$7.05K
% of position
9.7%
5/13/2020
21.34K→23.41K
Total
Net shares
+6K
Net value
$20.40K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 5/12/2020 | P · Purchase | +3.93K | $3.40 | $13.35K | 22.5% | 17.41K | 21.34K |
| Common Stock Direct | 5/13/2020 | P · Purchase | +2.07K | $3.40 | $7.05K | 9.7% | 21.34K | 23.41K |
| Total | +6K | $20.40K | ||||||
Derivative Transactions0
No derivative transactions reported