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MFN Partners' Farhad Nanji Reports a Big RXO Buy

April 18, 2024

From the Desk of Steve Strazza and Alfonso Depablos

The most significant insider transaction on today’s list is a Form 4 filing by Farhad A. Nanji, Founder of MFN Partners Management LP.

Nanji reported a purchase of roughly $832,400 in RXO Inc $RXO.

Here’s The Hot Corner, with data through April 17, 2024:

Perceptive Advisors LLC filed a 13D for Rhythm Pharmaceuticals Inc $RYTM revealing an increase in ownership from 5.45% to 8.30%.

In another Form 4, Steven A. Brass, president and CEO of WD-40 Company $WDFC, revealed a purchase of $100,319.

Stay tuned. We'll be back on Friday with more insider activity.

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All Star Charts Team