Richard A. Friedman

Richard A. Friedman discloses dealings in Hyatt Hotels Corp to SEC (Form 4). In total, 20 filings cover trades dated from 15 March 2016 to 16 May 2018.

In open-market terms, that means 1 purchase worth €22k on one side and 3 sales worth €628.4M on the other. Taken together, the sales exceed the purchases by €628.4M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 13 share grants and 1 option exercise.

The record was last updated on 18 May 2018 with a share grant in Hyatt Hotels Corp. The most recent open-market purchase was published on 3 January 2017, 3,580 days ago. Filings reach the SEC (Form 4) feed a median of 4 days after the trade. Section 16 rules allow two business days to file each 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.