Paul G. Boynton

Paul G. Boynton (board member) discloses dealings in 2 companies, chiefly Rayonier Inc and Rayonier Advanced Materials Inc. We count 99 filings; the first trade dates from 3 January 2006 and the latest from 1 March 2022.

Market trades split into 5 purchases (€937k) and 12 sales (€6.1M). Sales outweigh purchases by €5.2M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 37 share grants and 13 option exercises.

The median purchase comes to €151k. None of the 3 purchases we analysed coincided with buying by another insider of the same company within 30 days. After 5 purchases with a full 90-day history, the hit rate stands at 80% and the median 90-day move at +4.9%. This is a record of the past, not a forecast.

The newest entry dates from 3 March 2022: a share grant of €128k, in Rayonier Advanced Materials Inc. The last purchase on record was published on 12 March 2020, which is 2,432 days ago. The median gap between a trade and its publication by SEC (Form 4) is 4 days. Section 16 rules allow two business days to file each Form 4. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.