PORTNOY ADAM D. purchased 34.8% of their position (6M shares) of DIVERSIFIED HEALTHCARE TRUST on the open market
Open‑market purchase worth $17.94M — a major conviction buy. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 6/14/2023ACC: 0001104659-23-071304
Director
Since May 2019
+6M
Net shares
Net buyer
$17.94M
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
6M acquired
Non-Derivative Transactions3
Common Shares of Beneficial Interest
Indirect
Shares
+2.01M
Price / share
$2.87
Trade value
$5.78M
% of position
11.7%
6/12/2023
17.25M→19.26M
Common Shares of Beneficial Interest
Indirect
Shares
+1.99M
Price / share
$3.03
Trade value
$6.03M
% of position
10.3%
6/13/2023
19.26M→21.25M
Common Shares of Beneficial Interest
Indirect
Shares
+2M
Price / share
$3.07
Trade value
$6.13M
% of position
9.4%
6/14/2023
21.25M→23.25M
Total
Net shares
+6M
Net value
$17.94M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Shares of Beneficial Interest Indirect | 6/12/2023 | P · Purchase | +2.01M | $2.87 | $5.78M | 11.7% | 17.25M | 19.26M |
| Common Shares of Beneficial Interest Indirect | 6/13/2023 | P · Purchase | +1.99M | $3.03 | $6.03M | 10.3% | 19.26M | 21.25M |
| Common Shares of Beneficial Interest Indirect | 6/14/2023 | P · Purchase | +2M | $3.07 | $6.13M | 9.4% | 21.25M | 23.25M |
| Total | +6M | $17.94M | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Common Shares of Beneficial Interest
DirectShares owned214.37K
Total
214.37K direct214.37K
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Shares of Beneficial Interest | 214.37K | Direct |
| Total | 214.37K | 214.37K direct |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported