Joseph P. Gehegan

Joseph P. Gehegan discloses dealings in U.S. Shipping Partners L.P. to SEC (Form 4). Over a trading history stretching from 7 August 2006 to 31 December 2008, the count stands at 5 filings.

Both buying and selling appear: 2 purchases worth €94k, against 3 sales worth €3,881. The net balance comes to €90k on the buying side. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. In 2009 alone, the filings show no purchases and 3 sales.

The latest filing, published on 8 January 2009, reports an open-market sale of €612 in U.S. Shipping Partners L.P. The clock since the last published purchase (9 August 2006) now reads 7,396 days. The median gap between a trade and its publication by SEC (Form 4) is 5 days. The legal deadline for a Form 4 is two business days after the transaction. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.