J. Michael Luttig

J. Michael Luttig, listed as chief executive, has filed trades across 5 companies (mainly through SEC (Form 4)), most often in Boeing Co, Templeton Dragon Fund Inc and Templeton Emerging Markets Income Fund. In total, 67 filings cover trades dated from 23 February 2009 to 7 February 2022.

The open-market side counts 7 purchases for €62k alongside 11 sales for €65.3M. Netting one side against the other leaves €65.3M of net selling. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Besides market trades, the filings include 35 share grants and 10 option exercises. Since January 2022: 1 purchase and no sales on the market.

The median purchase comes to €8,715.

Most recently, on 7 February 2022, the filings show an open-market purchase worth €8,715 in Franklin Universal Trust. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. For comparison, the SEC allows two business days to file a Form 4. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.