Rajan Penkar, Director at Service Properties Trust (SVC), bought 10,000 shares at $1.20 ($12K) on 2026-04-02, disclosed to the SEC on 2026-04-06.
Director Rajan Penkar purchased 10,000 shares at $1.20 on April 2, 2026, representing the largest insider purchase in the company's history. This move comes as the stock has plummeted 40.72% over the last 30 days, suggesting a contrarian bet on the distressed REIT.
SVC trades at $1.31, down 40.72% over the past 30 days and 57.4% below its 52-week high of $3.075, despite recovering 15.93% from its yearly low of $1.13.
Something here stands out, but not much.