Rex D. Adams

Rex D. Adams discloses dealings in 3 companies, chiefly Alleghany CORP /de, Invesco Ltd. and Vintage Petroleum Inc. We count 60 filings; the first trade dates from 30 January 2006 and the latest from 2 April 2015.

The open-market side counts 1 purchase for €23k alongside 12 sales for €1.3M. The net balance comes to €1.3M on the selling side. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 39 share grants and 7 option exercises.

On 2 April 2015 came the latest disclosure, an option exercise for €126k in Alleghany CORP /de. The clock since the last published purchase (13 June 2012) now reads 5,246 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.