XU CHERYL purchased 88.9% of their position (200K shares) of 60 DEGREES PHARMACEUTICALS, INC. on the open market
Open‑market purchase worth $75.0K — a major conviction buy. The strongest form of insider conviction signal.
P · 1 purchase
Filed: 2/2/2024ACC: 0001213900-24-009599
Director
Since Jul 2023
+402K
Net shares
Net buyer
$75.0K
Total acquired
1
Open market trades
1B · 0S
3
Total transactions
402K acquired
Non-Derivative Transactions2
Common Stock
Direct
Shares
+200K
Price / share
$0.38
Trade value
$75K
% of position
88.9%
1/31/2024
224.93K→424.93K
Common Stock
Direct
Shares
+2K
Price / share
—
Trade value
—
% of position
50.0%
2/1/2024
4K→6K
Total
Net shares
+202K
Net value
$75K
| Security | Date | Type | Shares | Price / Share | Trade Value | % of Position | Held Before | Held After |
|---|---|---|---|---|---|---|---|---|
| Common Stock Direct | 1/31/2024 | P · Purchase | +200K | $0.38 | $75K | 88.9% | 224.93K | 424.93K |
| Common Stock Direct | 2/1/2024 | M · Option Exercise | +2K | — | — | 50.0% | 4K | 6K |
| Total | +202K | $75K | ||||||
Derivative Transactions1
Warrant
Direct
Converts to
Common Stock
200K shares
Shares
+200K
Strike price
0.4235
Held after
200K
Exercisable
—
1/31/2024
| Security | Converts To | Date | Type | Shares | Strike Price | Exercisable | Held After |
|---|---|---|---|---|---|---|---|
| Warrant Direct | Common Stock200K shares | 1/31/2024 | P · Purchase | +200K | 0.4235 | — | 200K |