Midweek Insider Trading Insights: BORR and GBFH on June 10th

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On Tuesday, Borr Drilling’s Director, Tor Olav Troim, purchased 1,063,000 shares of BORR for $4.70 each, totaling $5 million. As of Wednesday, shares were trading as low as $4.60, making them 2.1% below Troim’s purchase price. This marks Troim’s third acquisition of BORR in the past year, with a cumulative investment of $5.39 million at an average price of $5.39 per share.

Additionally, on Friday, Gbank Financial Holdings’ Charles William Griege Jr. acquired 28,000 shares at $29.00 each, totaling $812,000. Prior to this, he had purchased shares worth $832,598 at $33.30 each within the past year. Currently, Griege Jr. is seeing an 8.4% increase on his investment, based on a trading high of $31.45 observed on Wednesday.

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