MINNICH MICHAEL (Executive Chairman) purchased 39.3% of their position (785.00 shares) of MIDWEST HOLDING INC. on the open market
Open‑market purchase worth $41.1K — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 1/6/2021ACC: 0000355379-21-000001
DirectorOfficer10% Owner· Executive Chairman
Since Apr 2020
+785.00
Net shares
Net buyer
$41.1K
Total acquired
1
Open market trades
1B · 0S
1
Total transactions
785.00 acquired
Non-Derivative Transactions1
Voting Common Stock
Direct
Shares
+785.00
Price / share
$52.41
Trade value
$41.14K
% of position
39.3%
1/4/2021
2K→2.79K
Total
Net shares
+785.00
Net value
$41.14K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Voting Common Stock Direct | 1/4/2021 | P · Purchase | +785.00 | $52.41 | $41.14K | 39.3% | 2K | 2.79K |
| Total | +785.00 | $41.14K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Voting Common Stock
IndirectShares owned413.18K
Total
413.18K indirect413.18K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Voting Common Stock | 413.18K | Indirect |
| Total | 413.18K | 413.18K indirect |
Derivative Holdings (Post-Transaction)1
Stock Option (right to buy)
DirectUnderlying security
Voting Common Stock
Underlying shares
81.57K
Shares owned
81.57K
Exercise price
41.25
Expiration
—
Exercise window
—
Total
Underlying
81.57K
Owned
81.57K
| Security | Underlying | Exercise Price | Exercise Window | Expiration | Underlying Shares | Shares Owned |
|---|---|---|---|---|---|---|
| Stock Option (right to buy) Direct | Voting Common Stock | 41.25 | — | — | 81.57K | 81.57K |
| Total | 81.57K | 81.57K | ||||