SDW Investments, LLC, 10% Owner, Ten Percent Owner Other at Approach Resources Inc (AREX), bought 350,000 shares at $2.70 ($970K) on 2017-06-09, disclosed to the SEC on 2017-06-13.
Open-market purchase of $970k AREX by 10% Owner, Ten Percent Owner Other. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history). Context: insider career grade D.
Negative factors outweigh the positive ones.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $2.70 | 200,000 | $540K | 55.7% |
| 2 | $2.83 | 100,000 | $283K | 29.2% |
| 3 | $2.94 | 50,000 | $147K | 15.2% |
| Total | $2.77 avg | 350,000 | $970K | 100% |
| Filing → |
| AREX | BUY | 2017-05-17 | $909K | — | Filing → |