Michael E. Martin, Director at NATIONAL PENN BANCSHARES INC (NPBC), bought 472,209 shares at $6.29 ($3.0M) on 2011-08-19, disclosed to the SEC on 2011-08-22.
Open-market purchase of $3.0M NPBC by Director. 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 | $6.32 | 250,000 | $1.6M | 53.1% |
| 2 | $6.29 | 222,209 | $1.4M | 46.9% |
| Total | $6.31 avg | 472,209 | $3.0M | 100% |
| Filing → |
| NPBC | SELL | 2015-03-20 | $122.1M | — | Filing → |
| NPBC | SELL | 2015-02-09 | $75.0M | — | Filing → |
| NPBC | SELL | 2014-01-30 | $75.4M | — | Filing → |