Latest filing published 11 Aug 2023 for PowerFleet, Inc., €27k.
Not enough buy signals with a settled T+90 horizon to measure a track record yet.
Charles Frumberg is a declared insider at 3 companies (board member); the most frequent names are Techteam Global Inc, PowerFleet, Inc. and ID Systems Inc. In total, 33 filings cover trades dated from 12 May 2009 to 28 July 2023.
Market trades split into 2 purchases (€60k) and 4 sales (€685k). Taken together, the sales exceed the purchases by €624k. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Other entries cover 23 share grants.
The newest entry dates from 11 August 2023: a share grant of €27k, in PowerFleet, Inc. The latest purchase dates back some time: it was published 2,608 days ago, on 3 September 2019. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. 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.
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