John P. Binion, Director at Rand Logistics, Inc. (RLOG), bought 15,000 shares at $5.08 ($78K) on 2013-08-13, disclosed to the SEC on 2013-08-14.
Open-market purchase of $78k RLOG by Director. 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $5.08 | 9,149 | $46K | 59.7% |
| 2 | $5.37 | 5,851 | $31K | 40.3% |
| Total | $5.19 avg | 15,000 | $78K | 100% |