SAROFIM CHRISTOPHER BINYON purchased 6M shares of SABLE OFFSHORE CORP. on the open market
Open‑market purchase worth $60.00M. The strongest form of insider conviction signal.
P · 2 purchases
Filed: 2/16/2024ACC: 0000950170-24-016547
Director
Since Feb 2021
+6M
Net shares
Net buyer
$60.00M
Total acquired
2
Open market trades
2B · 0S
4
Total transactions
6.10M acquired · 96.88K disposed
Non-Derivative Transactions3
Common Stock
Direct
Shares
+96.88K
Price / share
—
Trade value
—
% of position
19.4%
8/22/2023
500K→596.88K
Common Stock
Indirect
Shares
+3M
Price / share
$10.00
Trade value
$30M
% of position
New position
2/14/2024
0.00→3M
Common Stock
Indirect
Shares
+3M
Price / share
$10.00
Trade value
$30M
% of position
New position
2/14/2024
0.00→3M
Total
Net shares
+6.10M
Net value
$60M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 8/22/2023 | C · Conversion | +96.88K | — | — | 19.4% | 500K | 596.88K |
| Common Stock Indirect | 2/14/2024 | P · Purchase | +3M | $10.00 | $30M | New position | 0.00 | 3M |
| Common Stock Indirect | 2/14/2024 | P · Purchase | +3M | $10.00 | $30M | New position | 0.00 | 3M |
| Total | +6.10M | $60M | ||||||
Derivative Transactions1
Class B Common Stock
Direct
Converts to
Common Stock
96.88K shares
Shares
−96.88K
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 Stock96.88K shares | 8/22/2023 | C · Conversion | −96.88K | — | 0.00 |