Conviction
$ Value
$21.5M
Shares
2,000,000
Price
$11
Filed
Sep 15
▶ Why this score? (9/10)
- ✓ Open market buy (+3)
- ✓ Trade value >= $5.0M (+3)
- ✓ Director (+1)
- ✓ 10%+ owner (+1)
- ✓ Not a 10b5-1 plan (+1)
Insider
Name
MOROUN MATTHEW T
Title
—
CIK
0001030743
Roles
Transaction Details
Transaction Date
2025-09-11
Code
P
Table
Non-Derivative
Ownership
Indirect
Equity Swap
No
Shares After
12,427,848
Footnotes
On September 11, 2025, the reporting person sold 2,000,000 shares of the Issuer's common stock, individually, to the 2020 Lindsay Moroun Trust in a privately negotiated transaction. These 2,000,000 shares were previously distributed to the reporting person by the Moroun Grantor Trust and were reported as indirectly beneficially owned by the Moroun Grantor Trust in the reporting person's prior reports. The reporting person serves as trustee of the 2020 Lindsay Moroun Trust and the Moroun Grantor Trust. | The reporting person disclaims beneficial ownership of these securities except to the extent of his pecuniary interest therein, and this report shall not be deemed an admission that the reporting person is the beneficial owner of such shares.