Frank L. Johnson, 10% Owner at FORWARD INDUSTRIES INC (FORD), bought 211,283 shares at $5.16 ($1.1M) on 2010-06-02, disclosed to the SEC on 2010-06-08.
Open-market purchase of $1.1M FORD 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.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $5.00 | 13,280 | $66K | 6.3% |
| 2 | $5.00 | 26,560 | $133K | 12.6% |
| 3 | $5.00 | 126,160 | $631K | 59.7% |
| 4 | $4.92 | 5,477 | $27K | 2.6% |
| 5 | $4.92 | 26,741 | $132K | 12.5% |
| 6 | $5.16 | 2,221 |
| $11K |
| 1.1% |
| 7 | $5.16 | 10,844 | $56K | 5.3% |
| Total | $5.00 avg | 211,283 | $1.1M | 100% |
| Filing → |
| FORD | BUY | 2010-05-05 | $778K | — | Filing → |
| LNET | BUY | 2008-10-23 | $48K | — | Filing → |
| LNET | SELL | 2008-10-23 | $53K | — | Filing → |