Lisa S. Herring, EVP at FOUR OAKS FINCORP INC (FOFN), bought 9,924 shares at $1.00 ($10K) on 2014-08-15, disclosed to the SEC on 2014-08-18.
Open-market purchase of $10k FOFN by EVP. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Clearly above the average filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.00 | 540 | $540 | 5.4% |
| 2 | $1.00 | 567 | $567 | 5.7% |
| 3 | $1.00 | 570 | $570 | 5.7% |
| 4 | $1.00 | 8,247 | $8K | 83.1% |
| Total | $1.00 avg | 9,924 | $10K | 100% |