Joseph M. Grant

Filings by Joseph M. Grant span 3 companies, the busiest being Texas Capital Bancshares Inc/tx, Chaparral Steel Co and Vignette Corp. Over a trading history stretching from 12 January 2006 to 20 May 2013, the count stands at 169 filings.

Both buying and selling appear: 5 purchases worth €603k, against 141 sales worth €7.2M. The net balance comes to €6.6M on the selling side. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Besides market trades, the filings include 16 share grants and 4 option exercises.

Half of the purchases are above €49k and half below. For 5 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 100% of cases, with a median move of +21.0%. These figures describe past trades and do not predict future prices.

The record was last updated on 22 May 2013 with a share grant (€26k) in Texas Capital Bancshares Inc/tx. The clock since the last published purchase (6 March 2008) now reads 6,805 days. 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. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.