4
Featured
Impact 6/10
Insider Transaction
FLAGSTAR BANK, NATIONAL ASSOCIATION ($NYSE:FLG)
Summary
Director Frank Alan L reported an open-market purchase of 10,000 shares of Flagstar Bank (NYSE:FLG) at $10.14 per share, for a total of $101,400. The transaction increases his direct holdings to 76,463 shares.
Key points
- Director Frank Alan L purchased 10,000 shares at $10.14 per share, totaling $101,400.
- The transaction was an open-market purchase (code P), not a grant or option exercise.
- Post-transaction, Frank Alan L holds 76,463 shares directly.
- No 10b5-1 trading plan was in place — the buy was discretionary.
- The insider is a director (non-officer) and not a 10% owner.
Insider transaction — significant buy
InsiderFrank Alan L (Director)
Actionpurchase
Shares10,000
Price$10.14
Total value$101,400.00
Owned after76,463
Market impact
Price data unavailable.
Why this matters
A director putting $101,400 of personal capital into an open-market buy with no 10b5-1 plan is a tangible confidence signal worth tracking.
Sector context
_Not applicable._
Risk factors
Insider purchases may signal confidence but are not a guarantee of future performance; the director's view could be wrong.
Related tickers
Related & recent SEC filings