Michael D. Drennon

Michael D. Drennon has filed trades across 2 companies (mainly through SEC (Form 4)), most often in Cobalt International Energy, Inc. and Parker Drilling Co /DE/. The record holds 29 filings, for trades running from 5 April 2006 to 31 December 2014.

Market trades split into 2 purchases (€42k) and 5 sales (€205k). Taken together, the sales exceed the purchases by €162k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Besides market trades, the filings include 21 share grants. In 2014 alone, the filings show no purchases and 2 sales.

The latest filing, published on 31 December 2014, reports an open-market sale of €23k in Cobalt International Energy, Inc. The most recent open-market purchase was published on 26 September 2011, 5,523 days ago. Filings reach the SEC (Form 4) feed a median of 4 days after the trade. For comparison, the SEC allows two business days to file a Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.