MRP Millrose Properties, Inc. Insider Trading

Director Gorson bought 4,500 shares of MRP at $26.96 on 2026-05-18; stock down -26.0% from 52-week high, cluster of 3 other insiders also bought within 14 days.

Director Matthew B. Gorson purchased 4,500 shares at $26.96, increasing his holdings to 35,750 shares, a +14.4% net increase relative to his pre-transaction holdings of 31,250 shares. The purchase occurs with MRP trading at $26.65, down -26.0% from its 52-week high of $36.00, and the stock has declined -14.1% over the past 30 days and -15.1% over the past 90 days. At the same time, 3 other insiders also bought within the past 14 days, establishing a cluster buy pattern. Of Gorson's 4 prior trades at MRP, timing outcomes at the 90-day mark were mixed: two showed positive returns (buy on 2025-05-19: +12.4%, buy on 2025-02-13: +23.1%), while two showed negative returns (buy on 2026-03-05: -12.2%, buy on 2025-10-29: -8.8%). The company trades at a P/E of 10.92 with latest-quarter net income of $122.9M on revenue of $194.9M.

General Counsel Presa Rachel acquires 1,032 shares in two open-market purchases as stock trades well below 52-week highs; sixth open-market buy in 36 months with mixed prior results.

Presa Rachel, the company's General Counsel and Secretary, has returned to the market for her fifth and sixth open-market purchases at Millrose Properties within the past year, adding more than a thousand shares over two days in mid-May as the stock trades nearly 26% below its 52-week high. This accumulation occurs within a broader cluster: three insiders purchased shares within a 14-day window, suggesting activity across multiple levels of the company. Rachel's track record at this stock is mixed — her two prior purchases in March saw the stock climb significantly over the following months, but her two purchases last October resulted in declines on both short-term and longer-term horizons, showing inconsistent timing. The company itself remains financially healthy, with solid profitability and recent quarters demonstrating stable operational performance, making this a buy into a fundamentally sound business rather than a turnaround bet. However, the stock's significant pullback from its 52-week highs, combined with the insider's repeat accumulation despite prior losses on some of her previous buys, suggests she sees value at current levels even with the mixed signals from her own recent trading history.

COO Robert Nitkin purchases 1,840 shares of MRP at $26.60, nearly doubling his stake as stock trades well below 52-week highs.

Robert Nitkin, the company's Chief Operating Officer, deployed over $48,000 to buy 1,840 shares—nearly doubling his shareholding from prior levels. The purchase occurs while the stock trades significantly below its 52-week high and has declined over the past month and quarter, placing the buy squarely into a period of weakness. Millrose Properties remains solidly profitable with strong recent quarterly earnings, and Nitkin's prior open-market purchase at the company followed by meaningful stock appreciation offers a relevant precedent. This is his second open-market purchase of Millrose shares in the 36-month window, establishing a pattern of accumulation rather than diversification. A C-suite operator buying material size into a profitable company during a selloff warrants close attention, though the modest absolute share count and Nitkin's non-board status limit the full scope of insider conviction available from this filing alone.

Officer Richman Darren acquires 235,000 shares in two open-market purchases, expanding his stake by over 400% as stock trades well below 52-week highs.

Richman Darren, an officer at Millrose Properties, deployed over $6.4 million to purchase 235,000 shares in two transactions, dramatically expanding his holdings from roughly 44,000 shares to nearly 280,000 shares. This is his fourth and fifth open-market purchase of MRP stock in the past 36 months, demonstrating consistent appetite for the company at successively lower prices. The timing is notable: the stock is trading well below its 52-week high and has declined sharply over the past three months, yet Richman continues to buy. His three prior purchases at this ticker produced mixed near-term outcomes—all three saw the stock decline within 30 days—but all three recovered and posted solid gains over a 90-day horizon, suggesting his purchases have historically been well-timed on a longer view despite near-term weakness. Millrose itself remains profitable with stable fundamentals, trading at a reasonable valuation, which provides some context for why an officer with direct operating knowledge would continue accumulating shares into a pullback rather than waiting for a rebound.