Joseph M. Harary

Joseph M. Harary is a declared insider of Research Frontiers Inc, with filings sourced from SEC (Form 4). We count 28 filings; the first trade dates from 22 February 2007 and the latest from 29 May 2020.

On the open market, the record shows 3 purchases worth €16k and 7 sales worth €810k. Sales outweigh purchases by €794k. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 11 share grants.

A typical purchase (the median) is worth €5,432. Clusters matter here: 2 out of 3 purchases overlapped with buying by a colleague within 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. After 3 purchases with a full 90-day history, the hit rate stands at 100% and the median 90-day move at +26.4%. They describe history only and say nothing certain about the share price ahead.

The record was last updated on 2 June 2020 with a share grant (€58k) in Research Frontiers Inc. The clock since the last published purchase (19 November 2018) now reads 2,896 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 3 days. For comparison, the SEC allows two business days to file a Form 4. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.