Presa Rachel 4

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.