MONTARE RESOURCES I, LLC purchased 34.4% of their position (497.30K shares) of SANDRIDGE PERMIAN TRUST on the open market
Open‑market purchase worth $227.4K — a major conviction buy. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 9/23/2020ACC: 0000899243-20-026198
10% OwnerOther
Since Aug 2020
+497.30K
Net shares
Net buyer
$227.4K
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
497.30K acquired
Non-Derivative Transactions3
Common Units of Beneficial Interest
Direct
Shares
+238.05K
Price / share
$0.45
Trade value
$106.93K
% of position
16.5%
9/21/2020
1.45M→1.68M
Common Units of Beneficial Interest
Direct
Shares
+100.66K
Price / share
$0.45
Trade value
$45.50K
% of position
6.0%
9/22/2020
1.68M→1.78M
Common Units of Beneficial Interest
Direct
Shares
+158.59K
Price / share
$0.47
Trade value
$74.95K
% of position
8.9%
9/23/2020
1.78M→1.94M
Total
Net shares
+497.30K
Net value
$227.38K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Units of Beneficial Interest Direct | 9/21/2020 | P · Purchase | +238.05K | $0.45 | $106.93K | 16.5% | 1.45M | 1.68M |
| Common Units of Beneficial Interest Direct | 9/22/2020 | P · Purchase | +100.66K | $0.45 | $45.50K | 6.0% | 1.68M | 1.78M |
| Common Units of Beneficial Interest Direct | 9/23/2020 | P · Purchase | +158.59K | $0.47 | $74.95K | 8.9% | 1.78M | 1.94M |
| Total | +497.30K | $227.38K | ||||||
Derivative Transactions0
No derivative transactions reported