PIPKIN GREGORY PHILLIP purchased 103.2% of their position (100K shares) of SABLE OFFSHORE CORP. on the open market
Open‑market purchase worth $1.00M — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 2/16/2024ACC: 0000950170-24-016650
Director
Since Feb 2021
+100K
Net shares
Net buyer
$1.00M
Total acquired
1
Open market trades
1B · 0S
3
Total transactions
171.88K acquired · 71.88K disposed
Non-Derivative Transactions2
Common Stock
Direct
Shares
+71.88K
Price / share
—
Trade value
—
% of position
479.2%
8/22/2023
15K→86.88K
Common Stock
Direct
Shares
+100K
Price / share
$10.00
Trade value
$1M
% of position
103.2%
2/14/2024
96.88K→196.88K
Total
Net shares
+171.88K
Net value
$1M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/22/2023 | C · Conversion | +71.88K | — | — | 479.2% | 15K | 86.88K |
| Common Stock Direct | 2/14/2024 | P · Purchase | +100K | $10.00 | $1M | 103.2% | 96.88K | 196.88K |
| Total | +171.88K | $1M | ||||||
Derivative Transactions1
Class B Common Stock
Direct
Converts to
Common Stock
71.88K shares
Shares
−71.88K
Strike price
Held after
0.00
Exercisable
—
8/22/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Class B Common Stock Direct | Common Stock71.88K shares | 8/22/2023 | C · Conversion | −71.88K | — | 0.00 |