Frank J. Macchiarola

Frank J. Macchiarola is a declared insider of Jefferies Group Inc /DE/, with filings sourced from SEC (Form 4). We count 32 filings; the first trade dates from 31 December 2005 and the latest from 28 April 2008.

Market trades split into 1 purchase (€544k) and 4 sales (€1.2M). Taken together, the sales exceed the purchases by €612k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Besides market trades, the filings include 18 share grants and 5 option exercises. In 2008 alone, the filings show no purchases and 1 sale.

Most recently, on 28 April 2008, the filings show an option exercise worth €118k in Jefferies Group Inc /DE/. The clock since the last published purchase (11 September 2007) now reads 6,999 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. The legal deadline for a Form 4 is two business days after the transaction. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.