Diego Della Valle, 10% Owner at SAKS INC (SKS), bought 1,000,000 shares at $10.51 ($10.5M) on 2010-10-18, disclosed to the SEC on 2010-10-20.
Open-market purchase of $10.5M SKS by 10% Owner. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Negative factors outweigh the positive ones.