Nengbin Fang, Director at China Shengda Packaging Group Inc. (CPGI), bought 500,000 shares at $1.26 ($601K) on 2011-06-08, disclosed to the SEC on 2011-06-16.
Open-market purchase of $601k CPGI by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Nothing distinguishes this filing.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $1.07 | 105,200 | $113K | 18.7% |
| 2 | $1.19 | 132,800 | $158K | 26.3% |
| 3 | $1.26 | 126,000 | $159K | 26.4% |
| 4 | $1.26 | 136,000 | $171K | 28.5% |
| Total | $1.20 avg | 500,000 | $601K | 100% |