A. Douglas Belanger

A. Douglas Belanger is a declared insider of Gold Reserve Ltd, with filings sourced from SEC (Form 4). In total, 19 filings cover trades dated from 3 February 2010 to 7 September 2012.

On the market, this insider has only sold: 9 sales, €367k in total. Outside the open market, there are 2 share grants. In 2012 alone, the filings show no purchases and 1 sale.

The newest entry dates from 10 September 2012: an open-market sale of €94k, in Gold Reserve Ltd. The median gap between a trade and its publication by SEC (Form 4) is 1 day. The legal deadline for a Form 4 is two business days after the transaction. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.