Michael H. Heath

This profile gathers the share dealings of Michael H. Heath in Online Resources Corp. Between 17 January 2006 and 5 January 2009, the trades on record add up to 14 filings.

The open-market side counts 2 purchases for €42k alongside 6 sales for €188k. The net balance comes to €145k on the selling side. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 4 option exercises. 2009 to date brings no purchases and 1 sale.

The latest filing, published on 7 January 2009, reports an open-market sale of €3,559 in Online Resources Corp. The clock since the last published purchase (8 March 2007) now reads 7,186 days. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. Section 16 rules allow two business days to file each Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.