Mark Bacon

Mark Bacon discloses dealings in 2 companies, chiefly La-Z-BOY Inc and PEP Boys Manny MOE & Jack. In total, 79 filings cover trades dated from 27 February 2006 to 31 August 2016.

On the open market, the record shows 4 purchases worth €6,351 and 18 sales worth €5.0M. Netting one side against the other leaves €5.0M of net selling. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Besides market trades, the filings include 44 share grants and 13 option exercises. In 2016 alone, the filings show no purchases and 2 sales.

The median purchase comes to €1,298. For 4 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 100% of cases, with a median move of +361.8%. These figures describe past trades and do not predict future prices.

On 2 September 2016 came the latest disclosure, an option exercise for €91k in La-Z-BOY Inc. The last purchase on record was published on 6 March 2009, which is 6,456 days ago. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. 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.