Richard Peter Clark

Richard Peter Clark discloses dealings in MAG Silver Corp. to SEDI. Between 25 February 2016 and 9 July 2020, the trades on record add up to 11 filings.

In open-market terms, that means 3 purchases worth €321k on one side and 5 sales worth €1.5M on the other. Taken together, the sales exceed the purchases by €1.2M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 2 option exercises. Since January 2020: no purchases and 2 sales on the market.

Half of the purchases are above €103k and half below. The 3 purchases reviewed show no overlap with other insiders buying the same stock within a month.

The record was last updated on 10 July 2020 with an open-market sale (€515k) in MAG Silver Corp. The clock since the last published purchase (22 October 2019) now reads 2,562 days. Filings reach the SEDI feed a median of 1 day after the trade. That lag is the time during which only the insider knows about the trade. 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 SEDI. They describe what insiders did and are not a recommendation.