Merrick Venture Management, LLC, 10% Owner at tronc, Inc. (TRNC), bought 74,434 shares at $12.51 ($914K) on 2016-11-14, disclosed to the SEC on 2016-11-14.
Scheduled purchase ($914k) by 10% Owner under a pre-arranged 10b5-1 plan. Pre-set trade — not a discretionary signal on the stock.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $11.60 | 15,000 | $174K | 19.0% |
| 2 | $12.23 | 12,000 | $147K | 16.1% |
| 3 | $12.51 | 23,717 | $297K | 32.5% |
| 4 | $12.51 | 23,717 | $297K | 32.5% |
| Total | $12.28 avg | 74,434 | $914K | 100% |
| Filing → |
| TRNC | BUY | 2016-12-15 | $218K | — | Filing → |
| TRNC | BUY | 2016-12-08 | $114K | — | Filing → |
| TRNC | BUY | 2016-12-01 | $678K | — | Filing → |