Shawn T. Carolan, Director, 10% Owner at TeleNav, Inc. (TNAV), bought 5,673,741 shares at $8.00 ($7.0M) on 2010-05-18, disclosed to the SEC on 2010-05-19.
Open-market purchase of $7.0M TNAV by Director, 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $0.00 | 4,798,741 | $0 | 0.0% |
| 2 | $8.00 | 7,249 | $58K | 0.8% |
| 3 | $8.00 | 14,923 | $119K | 1.7% |
| 4 | $8.00 | 852,828 | $6.8M | 97.5% |
| Total | $1.23 avg | 5,673,741 | $7.0M | 100% |