Yeah weird on SYNL. Those insiders didn't buy, but rather received those shares as part of their compensation. But yeah I don't understand why they used such a high price. Looking through other rounds where they doled out shares to directors in the past year...they also used a higher price than the market. Strange.
Still waiting to see if the Privet deal gets done. Can't believe SYNL management turned down their generous $20/share buyout offer. Twice! If I was Privet, I would walk as SYNL and the rest of the sector aren't doing that well. But they seem to want the company for some reason. So something probably gets done. Good luck