Thomas M. Garrott

Thomas M. Garrott discloses dealings in 2 companies, chiefly Suntrust Banks Inc and Barings BDC, Inc. Between 30 December 2005 and 10 June 2008, the trades on record add up to 65 filings.

On the open market, the record shows 8 purchases worth €1.5M and 27 sales worth €6.9M. The net balance comes to €5.4M 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. Other entries cover 1 share grant and 2 option exercises. So far in 2008, the count stands at no purchases and 2 sales.

Half of the purchases are above €139k and half below. After 6 purchases with a full 90-day history, the hit rate stands at 33% and the median 90-day move at -8.9%. These figures describe past trades and do not predict future prices.

On 12 June 2008 came the latest disclosure, an open-market sale for €44k in Barings BDC, Inc. The latest purchase dates back some time: it was published 7,108 days ago, on 24 May 2007. Typically, a trade is published a median of 3 days after it takes place. US insiders must file a Form 4 within two business days of a trade. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.