Nitkin Robert

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.

COO Robert Nitkin purchases 3,225 shares of MRP at $23.55; 3 other insiders also bought within 14 days

Robert Nitkin, Chief Operating Officer of Millrose Properties, purchased 3,225 shares for $75,954.88 on 2025-02-20 at $23.55 per share, establishing an initial position post-transaction. This transaction is part of a broader pattern: a cluster of 3 other insiders also made purchases within the same 14-day window. Given the stock's recent listing (10 trading days as of the transaction date), early insider accumulation across multiple executives may signal confidence in the initial valuation or positioning following the IPO. Investors should note the concentration of open-market buying activity by management during the early trading window.