Charles E. Heath

Filings by Charles E. Heath span 8 companies, the busiest being Tortoise Power & Energy Infrastructure Fund Inc, CorEnergy Infrastructure Trust, Inc. and Tortoise Energy Infrastructure Corp. We count 60 filings; the first trade dates from 13 April 2006 and the latest from 19 July 2018.

The open-market side counts 44 purchases for €345k alongside 2 sales for €22. On balance, insiders were net buyers of €345k. 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 10 share grants. 2018 to date brings 1 purchase and no sales.

Half of the purchases are above €3,407 and half below. On 6 out of 6 purchases, another insider of the same company was buying within the same 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. Looking at 26 purchases old enough to measure, the stock rose over the following 90 days in 73% of cases; the median change was +6.1%. They describe history only and say nothing certain about the share price ahead.

The record was last updated on 19 July 2018 with an open-market purchase (€8,185) in Tortoise Power & Energy Infrastructure Fund Inc. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.