Gary Mahan, 10% Owner at NICHOLAS FINANCIAL INC (NICK), bought 50,000 shares at $8.82 ($441K) on 2007-08-03, disclosed to the SEC on 2007-08-07.
Open-market purchase of $441k NICK by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $8.70 | 100 | $870 | 0.2% |
| 2 | $8.75 | 5,000 | $44K | 9.9% |
| 3 | $8.76 | 100 | $876 | 0.2% |
| 4 | $8.77 | 300 | $3K | 0.6% |
| 5 | $8.78 | 800 | $7K | 1.6% |
| 6 | $8.79 | 3,400 |
| $30K |
| 6.8% |
| 7 | $8.80 | 8,900 | $78K | 17.7% |
| 8 | $8.81 | 3,000 | $26K | 6.0% |
| 9 | $8.82 | 6,600 | $58K | 13.2% |
| 10 | $8.82 | 700 | $6K | 1.4% |
| 11 | $8.83 | 200 | $2K | 0.4% |
| 12 | $8.84 | 900 | $8K | 1.8% |
| 13 | $8.85 | 11,200 | $99K | 22.5% |
| 14 | $8.88 | 1,000 | $9K | 2.0% |
| 15 | $8.90 | 5,800 | $52K | 11.7% |
| 16 | $8.95 | 2,000 | $18K | 4.1% |
| Total | $8.83 avg | 50,000 | $441K | 100% |