Wesley R. Edens, Director, 10% Owner at Drive Shack Inc. (DS), bought 4,000,000 shares at $1.41 ($6.0M) on 2022-05-13, disclosed to the SEC on 2022-05-17.
Open-market purchase of $6.0M DS by Director, 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 | $1.41 | 697,725 | $984K | 16.5% |
| 2 | $1.41 | 697,725 | $984K | 16.5% |
| 3 | $1.41 | 697,726 | $984K | 16.5% |
| 4 | $1.41 | 697,726 | $984K | 16.5% |
| 5 | $1.67 | 302,274 | $505K | 8.5% |
| 6 | $1.67 | 302,274 |
| $505K |
| 8.5% |
| 7 | $1.67 | 302,275 | $505K | 8.5% |
| 8 | $1.67 | 302,275 | $505K | 8.5% |
| Total | $1.49 avg | 4,000,000 | $6.0M | 100% |
| Filing → |
| NFE | BUY | 2024-10-03 | $100.0M | — | Filing → |
| DS | BUY | 2022-05-13 | $4.5M | — | Filing → |
| DS | BUY | 2020-03-13 | $3.9M | — | Filing → |