Toby Chu

Toby Chu discloses dealings in Sun New Media Inc. to SEC (Form 4). Over a trading history stretching from 15 February 2006 to 28 April 2006, the count stands at 35 filings.

On the open market, the record shows 4 purchases worth €8,197 and 31 sales worth €336k. The amount is not disclosed for 1 filing. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant.

In size, the median ticket on the buying side is €3,267. For 3 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 +25.4%. This is a record of the past, not a forecast.

The record was last updated on 28 April 2006 with an open-market sale (€7,984) in Sun New Media Inc. The clock since the last published purchase (28 April 2006) now reads 7,500 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. 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. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.