---
title: "Millrose Properties Officer Purchased Shares Worth Over $6.4M"
type: "News"
locale: "en"
url: "https://longbridge.com/en/news/286276957.md"
description: "Darren Richman, CEO and President of Millrose Properties, purchased Class A Common Stock worth $6.4 million at an average price of $27.312 per share on May 11, 2026. He now directly owns 416,000 shares and indirectly owns 84,000 shares through the Richman Family Trust. The shares were acquired in multiple transactions at prices between $27.1683 and $27.4250, as reported in SEC Form 4."
datetime: "2026-05-13T14:10:01.000Z"
locales:
  - [zh-CN](https://longbridge.com/zh-CN/news/286276957.md)
  - [en](https://longbridge.com/en/news/286276957.md)
  - [zh-HK](https://longbridge.com/zh-HK/news/286276957.md)
---

# Millrose Properties Officer Purchased Shares Worth Over $6.4M

Darren Richman, an Officer serving as Chief Executive Officer and President, purchased Class A Common Stock at a weighted average price of $27.312 per share. The total purchase amount reported was $6,418,320. Following the transactions, Richman directly owns 416,000 Class A Common Stock and indirectly owns 84,000 Class A Common Stock held by the Richman Family Trust. The purchases were made on May 11, 2026, and the reporting person indicated the shares were bought in multiple transactions at prices ranging from $27.1683 to $27.4250.

Reporter Name

Richman Darren

Relationship

Officer

Type

Purchase

Amount

$6,418,320

SEC Filing

Form 4

**Disclaimer**

This is an AI-powered summary. It may contain inaccuracies. Consider verifying important information with the source. Please note this summary is solely based on documents filed with the SEC.

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