Michael J. Grondahl, Director at LODGIAN INC (LGN), bought 9,000 shares at $1.74 ($15K) on 2008-12-19, disclosed to the SEC on 2008-12-23.
Open-market purchase of $15k LGN by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.74 | 3,000 | $5K | 33.9% |
| 2 | $1.70 | 6,000 | $10K | 66.1% |
| Total | $1.71 avg | 9,000 | $15K | 100% |