PhenixFIN CEO buys 8,656 PFX shares
PhenixFIN Corp chairman, CEO, and 10% owner David A. Lorber reported a series of open-market purchases of common stock.
Rhea-AI Filing Summary
PhenixFIN Corp chairman, CEO, and 10% owner David A. Lorber reported a series of open-market purchases of common stock. Over June 1–3, he bought a total of 8,656 shares in multiple transactions at prices generally in the mid-$40s per share. After these trades, he directly holds 253,854 common shares, with an additional 3,378 shares held indirectly through his spouse’s retirement account. Several trades were executed at weighted average prices, reflecting multiple fills within disclosed price ranges.
Positive
- None.
Negative
- None.
Insider Trade Summary
Net Buyer: 8,656 shares
Net Buy
7 txns
Insider
Lorber David A
Role
CHAIRMAN AND CEO
Bought
8,656 shs ($390K)
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | COMMON STOCK | 800 | $44.40 | $36K |
| Purchase | COMMON STOCK | 3,183 | $45.49 | $145K |
| Purchase | COMMON STOCK | 2,473 | $44.95 | $111K |
| Purchase | COMMON STOCK | 1 | $41.20 | $41.20 |
| Purchase | COMMON STOCK | 1,363 | $44.37 | $60K |
| Purchase | COMMON STOCK | 836 | $44.99 | $38K |
| holding | COMMON STOCK | -- | -- | -- |
Holdings After Transaction:
COMMON STOCK — 253,854 shares (Direct);
COMMON STOCK — 3,378 shares (Indirect, By spouse)
Footnotes (4)
- F1. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $43.94 to $44.92, inclusive. The reporting person undertakes to provide to PhenixFIN Corporation, any security holder of PhenixFIN Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (1) to this Form 4.
- F2. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $44.71 to $45.49, inclusive. The reporting person undertakes to provide to PhenixFIN Corporation, any security holder of PhenixFIN Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (2) to this Form 4.
- F3. The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $45.46 to $45.49, inclusive. The reporting person undertakes to provide to PhenixFIN Corporation, any security holder of PhenixFIN Corporation, or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the ranges set forth in footnote (3) to this Form 4.
- F4. Shares held in the reporting person's spouse's retirement account.
Key Figures
Total shares bought: 8,656 shares
Highest reported purchase price: $45.49 per share
Lowest reported purchase price: $41.20 per share
+4 more
7 metrics
Total shares bought
8,656 shares
Net open-market purchases reported in this Form 4
Highest reported purchase price
$45.49 per share
Common stock open-market purchase on June 3
Lowest reported purchase price
$41.20 per share
Common stock open-market purchase on June 1
Direct holdings after trades
253,854 shares
Common stock directly owned after June 3 purchases
Indirect spouse holdings
3,378 shares
Common stock in spouse’s retirement account
June 2 purchase size
2,473 shares
Common stock open-market purchase at $44.95 per share
June 3 largest trade
3,183 shares
Common stock open-market purchase at $45.49 per share
Key Terms
open-market purchase, weighted average price, retirement account, indirect
4 terms
open-market purchase financial
"transaction_action": "open-market purchase""
An open-market purchase is when an investor or a company buys shares on a public stock exchange at the going market price, rather than through a private deal. It matters to investors because these purchases change how many shares are available, can push the stock price up or signal confidence from large buyers, and often affect per-share metrics like earnings—think of it like someone buying lots of apples off a grocery shelf, reducing supply and potentially raising the price.
weighted average price financial
"The price reported in Column 4 is a weighted average price."
Weighted average price is the average price of a security where each trade or component is counted according to its size, so bigger trades pull the average more than smaller ones. Think of it like calculating the average cost of a grocery haul where items you bought more of have greater influence on the final per-item cost. Investors use it to understand the true average price paid or received, judge execution quality, and compare trading performance against market movement.
retirement account financial
"Shares held in the reporting person's spouse's retirement account."
indirect financial
""ownership_type": "indirect""
FAQ
AI-generated questions and answers. How Rhea-AI works. Not financial advice.
What insider transactions did PFX chairman and CEO David Lorber report?
David A. Lorber reported multiple open-market purchases of PhenixFIN common stock from June 1–3. These Form 4 transactions show accumulated buying activity rather than sales, indicating he increased his direct ownership stake during this period.
Does this PhenixFIN (PFX) Form 4 involve options or derivative securities?
No derivative securities are listed in this Form 4. The derivativeSummary section is empty, and all reported transactions involve non-derivative common stock purchases, indicating no option exercises or other derivative activities in this filing.
AI-generated analysis. How Rhea-AI works. Not financial advice.
