FIR TREE Inc., 10% Owner at ULTRA PETROLEUM CORP (UPL), bought 1,246,000 shares at $7.84 ($9.7M) on 2017-08-30, disclosed to the SEC on 2017-08-31.
Open-market purchase of $9.7M UPL by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade C.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $7.84 | 62,600 | $491K | 5.0% |
| 2 | $7.81 | 1,183,400 | $9.2M | 95.0% |
| Total | $7.81 avg | 1,246,000 | $9.7M | 100% |
| Filing → |
| UPL | BUY | 2017-08-23 | $49.7M | — | Filing → |
| BCEI | SELL | 2017-05-02 | $5.9M | — | Filing → |
| BCEI | BUY | 2017-01-06 | $9.6M | — | Filing → |