MFN Partners GP, LLC, 10% Owner at RXO, Inc. (RXO), bought 300,000 shares at $19.79 ($5.9M) on 2024-04-25, disclosed to the SEC on 2024-04-26.
Open-market purchase of $5.9M RXO 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 | $19.44 | 100,000 | $1.9M | 33.1% |
| 2 | $19.44 | 100,000 | $1.9M | 33.1% |
| 3 | $19.79 | 100,000 | $2.0M | 33.7% |
| Total | $19.56 avg | 300,000 | $5.9M | 100% |
| Filing → |
| PFSI | BUY | 2022-02-09 | $21.6M | — | Filing → |
| PFSI | BUY | 2021-06-22 | $10.5M | — | Filing → |
| PFSI | BUY | 2021-06-15 | $23.9M | — | Filing → |