Kevin C. Tang, 10% Owner at PENWEST PHARMACEUTICALS CO (PPCO), bought 640,662 shares at $1.46 ($899K) on 2009-03-06, disclosed to the SEC on 2009-03-10.
Open-market purchase of $899k PPCO 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 | $1.39 | 207,800 | $289K | 32.1% |
| 2 | $1.46 | 101,500 | $148K | 16.5% |
| 3 | $1.39 | 296,362 | $412K | 45.8% |
| 4 | $1.43 | 35,000 | $50K | 5.6% |
| Total | $1.40 avg | 640,662 | $899K | 100% |
| Filing → |
| ODT | BUY | 2020-12-23 | $8.4M | — | Filing → |
| LJPC | BUY | 2020-08-14 | $3.2M | — | Filing → |
| LJPC | BUY | 2020-02-03 | $1.7M | — | Filing → |