R. Jay Gerken, President and CEO at WESTERN ASSET HIGH INCOME OPPORTUNITY FUND INC. (HIO), bought 3,000 shares at $2.97 ($9K) on 2008-11-21, disclosed to the SEC on 2008-11-24.
Open-market purchase of $9k HIO by President and CEO. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
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