STEINHARDT DAVID RUSS purchased 33.3% of their position (3.99K shares) of MACKINAC FINANCIAL CORP /MI/ on the open market
Open‑market purchase worth $30.5K — a major conviction buy. The strongest form of insider conviction signal.
P · 3 purchases
Filed: 3/25/2020ACC: 0001596771-20-000022
Director10% Owner
Since Oct 2019
+3.99K
Net shares
Net buyer
$30.5K
Total acquired
3
Open market trades
3B · 0S
3
Total transactions
3.99K acquired
Non-Derivative Transactions3
Common Stock
Direct
Shares
+1.03K
Price / share
$7.36
Trade value
$7.61K
% of position
8.6%
3/23/2020
12K→13.03K
Common Stock
Direct
Shares
+2.61K
Price / share
$7.59
Trade value
$19.83K
% of position
20.1%
3/24/2020
13.03K→15.65K
Common Stock
Direct
Shares
+346.00
Price / share
$8.79
Trade value
$3.04K
% of position
2.2%
3/24/2020
15.65K→15.99K
Total
Net shares
+3.99K
Net value
$30.49K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 3/23/2020 | P · Purchase | +1.03K | $7.36 | $7.61K | 8.6% | 12K | 13.03K |
| Common Stock Direct | 3/24/2020 | P · Purchase | +2.61K | $7.59 | $19.83K | 20.1% | 13.03K | 15.65K |
| Common Stock Direct | 3/24/2020 | P · Purchase | +346.00 | $8.79 | $3.04K | 2.2% | 15.65K | 15.99K |
| Total | +3.99K | $30.49K | ||||||
Derivative Transactions0
No derivative transactions reported
Non-Derivative Holdings (Post-Transaction)1
Common Stock
IndirectShares owned1.04M
Total
1.04M indirect1.04M
| Security Title | Shares Owned | Ownership Type |
|---|---|---|
| Common Stock | 1.04M | Indirect |
| Total | 1.04M | 1.04M indirect |
Derivative Holdings (Post-Transaction)0
No derivative holdings reported