Jerome B. Eisenberg

Jerome B. Eisenberg, listed as board member, appears in our data through filings on ORBCOMM Inc. shares, published by SEC (Form 4). We count 108 filings; the first trade dates from 8 November 2006 and the latest from 1 September 2021.

On the open market, the record shows 7 purchases worth €151k and 57 sales worth €6.4M. The net balance comes to €6.2M on the selling side. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 7 share grants and 30 option exercises.

A typical purchase (the median) is worth €25k. On 3 out of 3 purchases, another insider of the same company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster.

On 3 September 2021 came the latest disclosure, a transaction in ORBCOMM Inc. The last insider purchase was made public on 20 March 2020, 2,424 days ago. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.