HF Sinclair Corp – (DINO, +1, August 29th)

Franklin Myers (Chair since 2019, joined 2011) purchased 7,250 shares on August 26th at $55.94, spending $406,000 and increasing his holdings by 7%. This closely follows a $250,000 purchase on August 17th at $52 and purchases in May ($495,000) and March ($268,000) at $46 and $36, respectively.

Myers has a good, but not perfect, record buying these shares and it is interesting to see him continue to add to his holdings as the stock moves higher. Myers is also Chair at Comfort Systems (FIX) and recently sold $2.3m worth of those shares, a possible source of funding for these purchases in DINO.

Myers has significant legal and financial experience at several energy companies, including his role as GC at Baker Hughes from 1988-1995 and CFO of Cameron from 2003-2008.

We are ranking the stock +1.

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