Rent the Runway: holders buy 1,091,167 shares at $3.55 — score 53/100
A director entity and a 10% owner of Rent the Runway reported buying $3,873,642.85 of stock on the same day. It is the day's largest cluster in dollars and not its highest-scoring one.
Rent the RunwayConviction 53/100
In this brief: 3 sections 2 min read
STORY3 Capital Partners, LLC (director) — 632,922 shares @ $3.55, $2,246,873.10, position +14.8%
CHS US Investments LLC (10% owner) — 458,245 shares @ $3.55, $1,626,769.75, position +2.0%
Combined: 1,091,167 shares, $3,873,642.85. No same-day sellers in this cluster.
Dollar size carries this cluster: 29.5 of 35, the highest size component in the day's data. Two things hold it back. Seniority is 5 of 15 because the buyers are a director entity and a 10% owner rather than officers. Conviction is 3 of 20 because the purchases barely moved positions that were already large — up 14.8% for STORY3 and 2.0% for CHS. Breadth is 15, with two insiders filing. No penalties applied.
STORY3 Capital Partners, LLC's purchase was co-filed by Nexus Capital Management LP. A purchase reported by several affiliated filers is counted once, so the cluster totals reflect 1,091,167 shares and $3,873,642.85, not a doubled figure. Three Form 4s belong to this cluster for two counted purchases. No rows were excluded from this cluster, and the day was not capped — all qualifying issuers were examined.