Robert O. Lorenz, Director at PANHANDLE OIL & GAS INC (PHX), bought 3,000 shares at $23.45 ($70K) on 2007-08-10, disclosed to the SEC on 2007-08-13.
Open-market purchase of $70k PHX by Director. Below the thresholds we flag for high-conviction alerts (no C-suite role, rare reversal, cluster, or A-grade history).
Something here stands out, but not much.
| # | Price | Shares | Value | % of Total |
|---|---|---|---|---|
| 1 | $23.35 | 276 | $6K | 9.2% |
| 2 | $23.38 | 1,724 | $40K | 57.4% |
| 3 | $23.45 | 1,000 | $23K | 33.4% |
| Total | $23.40 avg | 3,000 | $70K | 100% |