Neil W. Machovec, Chief Credit Officer at FNB United Corp. (FNBN), bought 5,869 shares at $6.21 ($36K) on 2013-05-08, disclosed to the SEC on 2013-05-14.
Open-market purchase of $36k FNBN by Chief Credit Officer. 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 | $6.21 | 2,429 | $15K | 41.4% |
| 2 | $6.21 | 3,440 | $21K | 58.6% |
| Total | $6.21 avg | 5,869 | $36K | 100% |