Daryl Jack Heald, Director at UTG INC (UTGN.OB), bought 249,998 shares at $11.50 ($2.9M) on 2008-12-31, disclosed to the SEC on 2009-01-05.
Open-market purchase of $2.9M UTGN.OB by Director. 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 | $11.50 | 74,991 | $862K | 30.0% |
| 2 | $11.50 | 175,007 | $2.0M | 70.0% |
| Total | $11.50 avg | 249,998 | $2.9M | 100% |