Merrick Venture Management, LLC, 10% Owner at tronc, Inc. (TRNC), bought 16,700 shares at $12.99 ($218K) on 2016-12-14, disclosed to the SEC on 2016-12-15.
Open-market purchase of $218k TRNC by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $13.35 | 4,000 | $53K | 24.4% |
| 2 | $12.99 | 12,000 | $156K | 71.4% |
| 3 | $13.08 | 700 | $9K | 4.2% |
| Total | $13.08 avg | 16,700 | $218K | 100% |
| Filing → |
| TRNC | BUY | 2016-12-08 | $114K | — | Filing → |
| TRNC | BUY | 2016-12-01 | $678K | — | Filing → |
| TRNC | BUY | 2016-11-28 | $1.1M | — | Filing → |