R. D. Cash

Filings by R. D. Cash span 4 companies, the busiest being Questar Corp, National Fuel GAS Co and Zions Bancorporation, National Association /UT/. Over a trading history stretching from 18 April 1997 to 2 January 2015, the count stands at 182 filings.

On the open market, the record shows 21 purchases worth €1.1M and 33 sales worth €6.6M. Taken together, the sales exceed the purchases by €5.5M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 80 share grants and 28 option exercises.

In size, the median ticket on the buying side is €39k. Ninety days after publication, 21 purchases show a median change of -7.0%, with the price up in 24% of them. This is a record of the past, not a forecast.

The latest filing, published on 6 January 2015, reports a share grant of €25k in National Fuel GAS Co. The last insider purchase was made public on 13 February 2014, 4,637 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. Section 16 rules allow two business days to file each Form 4. 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.