Andrew M. Phillips, Director at PACIFIC MERCANTILE BANCORP (PMBC), bought 78,538 shares at $4.95 ($565K) on 2011-07-01, disclosed to the SEC on 2011-09-02.
Open-market purchase of $565k PMBC by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $4.95 | 13,188 | $65K | 11.5% |
| 2 | $7.65 | 65,350 | $500K | 88.5% |
| Total | $7.20 avg | 78,538 | $565K | 100% |