Donald R. Marchand

Donald R. Marchand appears in our data through filings on TransCanada Corporation shares, published by SEDI. In total, 46 filings cover trades dated from 26 November 2010 to 20 February 2019.

The open-market side counts 5 purchases alongside 27 sales for €6.9M. The amount is not disclosed for 12 filings. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 8 share grants and 6 option exercises. In 2019 alone, the filings show 3 purchases and 14 sales.

On 10 September 2019 came the latest disclosure, an open-market sale in TransCanada Corporation. The clock since the last published purchase (10 September 2019) now reads 2,601 days. Between a trade and the moment it shows up on SEDI, the median delay is 3 days. This delay matters because a trade only becomes useful information once it is public. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. These figures are compiled from regulatory filings published by SEDI. They describe what insiders did and are not a recommendation.