HRT Financial LP boosts WORK Medical (WOK) stake with 3.8M-share open-market buy
Rhea-AI Filing Summary
WORK Medical Technology Group (WOK) major shareholder HRT Financial LP, a ten percent owner, reported two open-market purchases of common stock. It bought 2,029,327 shares at $0.093 per share on June 11, 2026 and 1,765,384 shares at $0.099 per share on June 10, 2026, totaling 3,794,711 shares. After these transactions, HRT Financial LP held 2,978,988 common shares directly.
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Insights
Large holder adds 3.8M WOK shares in open-market buys.
HRT Financial LP, identified as a ten percent owner of WORK Medical Technology Group, executed two non-derivative, open-market purchases of common stock on consecutive days. The transactions total 3,794,711 shares at prices between $0.093 and $0.099 per share.
These are straightforward cash purchases (code P), with no derivative exercises or tax-related activity disclosed. Following the latest trade on June 11, 2026, HRT Financial LP’s direct holdings increased to 2,978,988 shares, indicating a net-buy stance in this period.
The filing does not show any concurrent sales or remaining derivative positions, so the visible activity is purely additive equity exposure. Future company filings may provide context on how this ownership stake relates to total shares outstanding and any strategic intentions.
Insider Trade Summary
| Type | Security | Shares | Price | Value |
|---|---|---|---|---|
| Purchase | Common Stock | 2,029,327 | $0.093 | $189K |
| Purchase | Common Stock | 1,765,384 | $0.099 | $175K |