Thomas Hedenberg

Thomas Hedenberg is a declared insider of Parke Bancorp, Inc., with filings sourced from SEC (Form 4). Over a trading history stretching from 14 September 2006 to 26 May 2011, the count stands at 48 filings.

In open-market terms, that means 9 purchases worth €27k on one side and 36 sales worth €902k on the other. Taken together, the sales exceed the purchases by €875k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Other entries cover 3 share grants. So far in 2011, the count stands at no purchases and 11 sales.

In size, the median ticket on the buying side is €1,054. Looking at 9 purchases old enough to measure, the stock rose over the following 90 days in 11% of cases; the median change was -28.8%. Past outcomes like these are no guarantee of what comes next.

On 7 June 2011 came the latest disclosure, an open-market sale for €9,451 in Parke Bancorp, Inc. The last purchase on record was published on 26 March 2009, which is 6,437 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 5 days. For comparison, the SEC allows two business days to file a Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.