Latest filing published 31 Jul 2025 for Reworld Media. Read the official filing
Based on 3 purchases whose 90-day window has closed (published at least 91 days ago), the same population our ranking model reads.
Entry is the close on the day after publication, the first price a reader could act on. Prices in the listing currency. Past moves are not a forecast.
Gautier Normand is a declared insider at 2 companies (chief executive); the most frequent names are Reworld Media and Netmedia Group. The record holds 13 filings, for trades running from 12 February 2021 to 28 July 2025.
On the open market, the record shows 4 purchases worth €4.1M and 6 sales worth €3.4M. Purchases outweigh sales by €717k. 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 2 share grants and 1 option exercise. In 2025 alone, the filings show 1 purchase and no sales.
A typical purchase (the median) is worth €1.0M. None of the 4 purchases we analysed coincided with buying by another insider of the same company within 30 days. For 3 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 33% of cases, with a median move of -23.3%. They describe history only and say nothing certain about the share price ahead.
The record was last updated on 31 July 2025 with a share grant in Reworld Media. The most recent open-market purchase was published on 1 April 2025, 564 days ago. Typically, a trade is published a median of 5 days after it takes place. The legal deadline for notifying a trade is three business days (MAR article 19). Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from AMF. Past trades are no guide to future returns.
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