Nitkin Robert 4
4 · Millrose Properties, Inc. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Millrose Properties COO Robert Nitkin Buys 1,840 Shares
What Happened
Robert Nitkin, Chief Operating Officer of Millrose Properties, acquired 1,840 shares on 2026-05-12 at $26.60 per share, for a total reported cost of $48,944. The Form 4 lists the transaction as a purchase (code P), which is a direct insider buy rather than a sale.
Key Details
- Transaction date: 2026-05-12
- Transaction type: Open market or private purchase (Form 4 code P)
- Price per share: $26.60
- Shares acquired: 1,840
- Total value: $48,944
- Shares owned after transaction: Not specified in the filing
- Filing date: 2026-05-13 (timely filing)
- Footnotes/plans: None referenced in the filing
Context
This was a straightforward insider purchase of modest size (~$49k). Insider buys can be interpreted as a positive signal because executives are increasing personal stakes, but a single, relatively small purchase should be viewed as one data point among many when evaluating the company.
Insider Transaction Report
Form 4
Nitkin Robert
Chief Operating Officer
Transactions
- Purchase
Class A Common Stock
2026-05-12$26.60/sh+1,840$48,944→ 5,065 total
Signature
/s/ Rachel Presa attorney-in-fact|2026-05-13