Robert M. Hernandez

Robert M. Hernandez has filed trades across 4 companies (mainly through SEC (Form 4)), most often in RTI International Metals Inc, Chubb Ltd and Eastman Chemical Co. In total, 185 filings cover trades dated from 28 April 2006 to 20 May 2020.

In open-market terms, that means 46 purchases worth €1.6M on one side and 66 sales worth €2.8M on the other. The net balance comes to €1.1M on the selling side. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Outside the open market, there are 57 share grants and 12 option exercises.

Half of the purchases are above €14k and half below. For 27 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 26% of cases, with a median move of -1.6%. This is a record of the past, not a forecast.

On 22 May 2020 came the latest disclosure, a share grant for €29k in Chubb Ltd. The last insider purchase was made public on 14 November 2008, 6,552 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. US insiders must file a Form 4 within two business days of a trade. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.