Gordon C. Rausser, Director at PACIFIC MERCANTILE BANCORP (PMBC), bought 152,193 shares at $4.95 ($1.1M) on 2011-07-01, disclosed to the SEC on 2011-09-02.
Open-market purchase of $1.1M PMBC 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 | $4.95 | 21,493 | $106K | 9.6% |
| 2 | $7.65 | 130,700 | $1000K | 90.4% |
| Total | $7.27 avg | 152,193 | $1.1M | 100% |