MFN Partners Management, LP, 10% Owner at RXO, Inc. (RXO), bought 240,130 shares at $20.33 ($4.8M) on 2024-05-03, disclosed to the SEC on 2024-05-06.
Open-market purchase of $4.8M 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 B.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $20.07 | 105,065 | $2.1M | 43.7% |
| 2 | $20.07 | 105,065 | $2.1M | 43.7% |
| 3 | $20.33 | 30,000 | $610K | 12.6% |
| Total | $20.10 avg | 240,130 | $4.8M | 100% |
| Filing → |
| RXO | BUY | 2023-11-20 | $5.5M | — | Filing → |
| YELL | BUY | 2023-08-01 | $24.0M | — | Filing → |
| YELL | BUY | 2023-07-28 | $8.7M | — | Filing → |