MFN Partners Management, LLC, 10% Owner at RXO, Inc. (RXO), bought 82,248 shares at $20.39 ($1.7M) on 2024-04-12, disclosed to the SEC on 2024-04-17.
Open-market purchase of $1.7M 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 C.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $20.39 | 5,139 | $105K | 6.3% |
| 2 | $20.39 | 5,139 | $105K | 6.3% |
| 3 | $20.22 | 35,985 | $728K | 43.7% |
| 4 | $20.22 | 35,985 | $728K | 43.7% |
| Total | $20.24 avg | 82,248 | $1.7M | 100% |
| Filing → |
| RXO | BUY | 2023-11-15 | $6.6M | — | Filing → |
| PFSI | BUY | 2021-06-24 | $3.3M | — | Filing → |
| PFSI | BUY | 2021-05-24 | $12.7M | — | Filing → |