Oli Valur Steindorsson, 10% Owner at Umami Sustainable Seafood Inc. (UMAM.OB), bought 7,000,000 shares at $2.80 ($18.0M) on 2012-03-22, disclosed to the SEC on 2012-03-26.
Open-market purchase of $18.0M UMAM.OB 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 | $2.00 | 2,000,000 | $4.0M | 22.2% |
| 2 | $2.80 | 5,000,000 | $14.0M | 77.8% |
| Total | $2.57 avg | 7,000,000 | $18.0M | 100% |