J. Steven Cole

J. Steven Cole discloses dealings in Oil-Dri Corp of America to SEC (Form 4). Between 29 May 2008 and 2 November 2018, the trades on record add up to 67 filings.

On the open market, the record shows 4 purchases worth €71k and 57 sales worth €316k. The net balance comes to €244k on the selling side. 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 share grants and 4 option exercises. Since January 2018: 1 purchase and no sales on the market.

The median purchase comes to €8,851. After 4 purchases with a full 90-day history, the hit rate stands at 75% and the median 90-day move at +0.5%. They describe history only and say nothing certain about the share price ahead.

On 6 November 2018 came the latest disclosure, a share grant for €54k in Oil-Dri Corp of America. The clock since the last published purchase (25 October 2018) now reads 2,936 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. For comparison, the SEC allows two business days to file a Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.