Joel L. Reed, Director at Venoco, Inc. (VQ), bought 10,000 shares at $16.20 ($163K) on 2007-08-27, disclosed to the SEC on 2007-08-29.
Open-market purchase of $163k VQ 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 | $16.10 | 2,500 | $40K | 24.8% |
| 2 | $16.20 | 2,500 | $41K | 24.9% |
| 3 | $16.32 | 3,000 | $49K | 30.1% |
| 4 | $16.40 | 2,000 | $33K | 20.2% |
| Total | $16.25 avg | 10,000 | $163K | 100% |