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EdgarHawk

Schanzer Bruce J

Director

Director
2 filings analyzed · 1 company · Latest 2024-12-17

Companies

Company Buys Sells Direction
FRANKLIN STREET PROPERTIES CORP /MA/ FSP 3 0 Net buying

Activity

December 2024
Buy
43,311 shares
$81,654
Significance 5/10

Director Schanzer bought 43,311 shares of FSP at $1.89 on 2024-12-13, extending a sequence of three purchases in three days.

Schanzer, a director at Franklin Street Properties, purchased 43,311 shares at $1.89 on 2024-12-13, the third consecutive daily purchase (prior buys on 2024-12-12 and 2024-12-11). His total holdings now stand at 3,489,374 shares. The company remains unprofitable with net income of $-7,552,000.00 (latest quarter) and annual revenue declining 12.0% year-over-year. The stock currently trades at $2.08, up 13.7% over 30 days and 20.9% over 90 days, but remains 22.7% below its 52-week high. The concentrated timing—three buys in as many days—is notable in the context of recent price recovery, though measurable outcomes on the two most recent same-ticker purchases are not yet available.

Buy
151,189 shares
$284,105
Significance 6/10

Director Schanzer Bruce J bought 151,189 shares at blended $1.88 (Dec 11-12), growing holdings 4.6% to 3.45M shares amid revenue decline and losses

Director Schanzer Bruce J executed 2 separate open-market purchases totaling 151,189 shares for $284,104.77 on December 11-12 at prices near the current market level ($1.88 blended vs $2.01 current). The purchase added 151,189 shares to his existing 3.29M-share position, representing a 4.6% increase in holdings. This occurs in the context of deteriorating fundamentals: the company posted a $-7.6M net loss in the latest quarter, annual revenue declined 12.0%, and the stock trades 25.3% below its 52-week high. The director's prior transaction history contains only 1 prior buy, offering limited pattern context for this accumulation.

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