10% owner SECURIAN ASSET MANAGEMENT makes 3 separate purchases totaling 544,000 shares for $13,600,000.00
SECURIAN ASSET MANAGEMENT, a 10% owner, executed 3 separate purchases on 2024-09-16 acquiring a combined 544,000 shares at $25.00 per share for $13,600,000.00 total. The post-transaction holdings of 144,000 shares reflect that the insider was short -400,000 shares before these purchases, meaning this filing documents a substantial net long position reversal—covering a short position and establishing outright long exposure. The multi-tranche structure across three separate transactions on a single date suggests deliberate accumulation, though without visibility into the fund's strategy, pricing context, or whether this represents scheduled activity, the motivations underlying these purchases remain opaque. The size and composition warrant scrutiny of the underlying fund's strategic positioning.