Millrose Properties, Inc.·4

Mar 9, 4:16 PM ET

Gorson Matthew B. 4

Research Summary

AI-generated summary

Updated

Millrose (MRP) Director Matthew B. Gorson Buys 1,000 Shares

What Happened

  • Matthew B. Gorson, a director of Millrose Properties, Inc. (MRP), purchased 1,000 shares of MRP in an open-market transaction on March 5, 2026. The weighted average price reported was $30.66 per share, for a total reported cost of $30,665. This was a purchase (buy), which investors often view as a more informative signal than routine sales.

Key Details

  • Transaction date: 2026-03-05 (report filed 2026-03-09)
  • Transaction type/code: Open-market purchase (P)
  • Price: Weighted average $30.66 per share; transactions executed at prices ranging $30.66 to $30.67
  • Shares purchased: 1,000
  • Total reported value: $30,665
  • Shares owned after transaction: Not disclosed in the information provided in this summary
  • Footnote: The filing notes the $30.66 figure is a weighted average across multiple trades between $30.66–$30.67; the reporting person will provide a breakdown on request (SEC staff, company or shareholders)

Context

  • This was a straightforward open-market purchase by a company director. Purchases by insiders can be interpreted by some investors as a sign of confidence, but they should be considered alongside other factors (company fundamentals, size of purchase, timing). No option exercises, gift, tax withholding, or 10b5-1 plan was indicated in the provided details.