Wayne Backus

Wayne Backus, listed as board member, appears in our data through filings on Lake Area Corn Processors LLC shares, published by SEC (Form 4). The record holds 5 filings, for trades running from 1 April 2017 to 1 January 2022.

The open-market record is one-sided, with 4 purchases worth €101k and not one sale. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. So far in 2022, the count stands at 3 purchases and no sales.

A typical purchase (the median) is worth €13k. Of 3 purchases, 3 formed part of a group of insiders buying within 30 days of each other. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time.

The newest entry dates from 4 January 2022: an open-market purchase of €9,625, in Lake Area Corn Processors LLC. The median gap between a trade and its publication by SEC (Form 4) is 3 days. For comparison, the SEC allows two business days to file a Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.