SWARTH INVESTMENTS LTD. purchased 5K shares of RIBBON COMMUNICATIONS INC. on the open market
Open‑market purchase worth $4.85M. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 4/3/2023ACC: 0000950103-23-005277
10% Owner
Since Jul 2020
+446.64K
Net shares
Net buyer
$4.85M
Total acquired
1
Open market trades
1B · 0S
2
Total transactions
446.64K acquired
Non-Derivative Transactions1
Series A Preferred Stock
Direct
Shares
+5K
Price / share
$970.00
Trade value
$4.85M
% of position
New position
3/30/2023
0.00→5K
Total
Net shares
+5K
Net value
$4.85M
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Series A Preferred Stock Direct | 3/30/2023 | P · Purchase | +5K | $970.00 | $4.85M | New position | 0.00 | 5K |
| Total | +5K | $4.85M | ||||||
Derivative Transactions1
Warrant
Direct
Converts to
Common Stock
27.88M shares
Shares
+441.64K
Strike price
3.77
Held after
441.64K
Exercisable
—
3/30/2023
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrant Direct | Common Stock27.88M shares | 3/30/2023 | P · Purchase | +441.64K | 3.77 | — | 441.64K |