Presa Rachel 4
4 · Millrose Properties, Inc. · Filed May 13, 2026
Research Summary
AI-generated summary of this filing
Millrose (MRP) General Counsel Rachel Presa Buys 1,032 Shares
What Happened Rachel Presa, General Counsel and Secretary of Millrose Properties, bought a total of 1,032 shares of MRP in two open-market purchases: 725 shares on 2026-05-11 at $27.18 each ($19,705) and 307 shares on 2026-05-13 at a reported weighted-average $26.62 each ($8,171). These were purchases (insider buys), which some investors view as a potentially positive signal since insiders are acquiring stock.
Key Details
- Transaction dates and prices:
- 2026-05-11: 725 shares @ $27.18 each = $19,705
- 2026-05-13: 307 shares @ $26.62 (weighted average) = $8,171
- Total acquired: 1,032 shares for ~$27,876.
- Shares owned after the transactions: Not specified in the public filing.
- Footnote: The $26.62 price is a weighted average; the 307-share purchase occurred in multiple trades at prices ranging $26.6150 to $26.6199. The filer offers to provide a breakdown of quantities at each price on request.
- Filing: Form 4 filed 2026-05-13 (the filing covers the reported transactions); no late-filing indication in the record.
Context These were straightforward open-market purchases (transaction code P). There are no option exercises, awards, gifts, or tax-withholding events reported here—just direct purchases. As with any insider purchase, this is factual information about the insider's buying activity but not proof of future company performance.
Insider Transaction Report
- Purchase
Class A Common Stock
2026-05-11$27.18/sh+725$19,705→ 2,193 total - Purchase
Class A Common Stock
[F1]2026-05-13$26.62/sh+307$8,171→ 2,500 total
Footnotes (1)
- [F1]The price reported in Column 4 is a weighted average price. These shares were purchased in multiple transactions at prices ranging from $26.6150 to $26.6199, inclusive. The reporting person undertakes to provide to Millrose Properties, Inc., any security holder of Millrose Properties, Inc., or the staff of the Securities and Exchange Commission, upon request, full information regarding the number of shares purchased at each separate price within the range set forth in this footnote.