CEO Lorber acquires 8,656 shares of PFX for $389,605.17 in 6 tranches; holdings rise 3.5% to 253,854 shares.
David A Lorber, Chairman and CEO of PhenixFIN Corp, executed 6 separate purchases totaling 8,656 shares for $389,605.17 between June 1–3, 2026, at a blended average price of $45.01, increasing his stake from 245,198 to 253,854 shares. The purchases occurred during a period of stock strength: the 30-day change is +14.3% and the stock trades at $45.50, near the upper end of its 52-week range ($38.30–$53.59). His prior trades at PFX show mixed outcomes, with 1 of 5 prior buys meeting the well-timed threshold at 90 days, though his most recent PFX purchase on 2026-05-12 returned +12.6% at the 90-day mark. His cross-ticker track record shows 20 prior buys with an average 90d return of -6.3% and a 10.00% win rate, providing limited evidence of consistent timing accuracy. At current valuations (P/E 22.09, market cap $87,933,300.00), this accumulation represents a continued position build but warrants tracking against his broader execution pattern.