Steven D. Kesler

Steven D. Kesler, listed as board member, appears in our data through filings on Copt Defense Properties shares, published by SEC (Form 4). Between 15 March 2006 and 13 December 2023, the trades on record add up to 46 filings.

In open-market terms, that means 9 purchases worth €19k on one side and 13 sales worth €1.2M on the other. Netting one side against the other leaves €1.2M of net selling. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 15 share grants and 8 option exercises. 2023 to date brings no purchases and 1 sale.

The median purchase comes to €163. On 4 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. After 6 purchases with a full 90-day history, the hit rate stands at 100% and the median 90-day move at +4.9%. This is a record of the past, not a forecast.

Most recently, on 14 December 2023, the filings show an open-market sale worth €40k in Copt Defense Properties. The last purchase on record was published on 24 March 2021, which is 2,040 days ago. Typically, a trade is published a median of 4 days after it takes place. US insiders must file a Form 4 within two business days of a trade. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.