- Purple Innovation (NASDAQ:PRPL) stock edged 8% higher a couple of days after the mattress maker disclosed that its directors bought ~6.5M shares at $6.49-7.65 worth ~$46.8M.
- Director and 10% owner Coliseum Capital Management bought 6.47M shares at $6.49-7.65 in 3 separate transactions.
- Director Dawn Zier bought 20K shares at $6.95, following which she now holds 24.4K shares in PRPL.
- PRPL also disclosed that CEO Robert DeMartini converted 7.9K restricted stock units into stock on a 1-for-1 basis.
Recommended For You
More Trending News
See More »