J. David Lett

J. David Lett (board member) discloses dealings in German American Bancorp, Inc. to SEC (Form 4). Over a trading history stretching from 1 February 2006 to 20 December 2021, the count stands at 26 filings.

Both buying and selling appear: 5 purchases worth €44k, against 10 sales worth €405k. The net balance comes to €361k on the selling side. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Besides market trades, the filings include 9 share grants. Since January 2021: no purchases and 4 sales on the market.

A typical purchase (the median) is worth €7,885. After 5 purchases with a full 90-day history, the hit rate stands at 60% and the median 90-day move at +1.7%. Past outcomes like these are no guarantee of what comes next.

The newest entry dates from 30 December 2021: a share grant, in German American Bancorp, Inc. The last insider purchase was made public on 11 May 2016, 3,834 days ago. Typically, a trade is published a median of 2 days after it takes place. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.