David A. Lowenberg

All filings by David A. Lowenberg on record concern Express Scripts Inc. Between 21 February 2006 and 23 May 2007, the trades on record add up to 22 filings.

Both buying and selling appear: 2 purchases worth €7,348, against 7 sales worth €5.4M. Sales outweigh purchases by €5.4M. 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 7 option exercises. In 2007 alone, the filings show no purchases and 7 sales.

Most recently, on 25 May 2007, the filings show a share grant in Express Scripts Inc. The clock since the last published purchase (17 May 2006) now reads 7,481 days. The median gap between a trade and its publication by SEC (Form 4) is 1 day. Section 16 rules allow two business days to file each Form 4. 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.