Thomas W. Lance

Thomas W. Lance discloses dealings in Boston Beer Co Inc to SEC (Form 4). Between 13 November 2007 and 12 March 2015, the trades on record add up to 129 filings.

Both buying and selling appear: 3 purchases worth €368k, against 83 sales worth €20.9M. On balance, insiders were net sellers of €20.6M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 3 share grants and 39 option exercises. In 2015 alone, the filings show no purchases and 43 sales.

The median purchase comes to €124k.

Most recently, on 13 March 2015, the filings show an option exercise worth €180k in Boston Beer Co Inc. The last purchase on record was published on 14 November 2007, which is 6,934 days ago. Filings reach the SEC (Form 4) feed a median of 1 day after the trade. For comparison, the SEC allows two business days to file a Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.