Thomas Merk

Thomas Merk is a declared insider at 2 companies; the most frequent names are Rofin Sinar Technologies Inc and Coherent Inc. We count 46 filings; the first trade dates from 7 December 2006 and the latest from 15 December 2019.

In open-market terms, that means 7 purchases worth €976k on one side and 15 sales worth €5.4M on the other. Taken together, the sales exceed the purchases by €4.4M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 12 share grants and 8 option exercises.

In size, the median ticket on the buying side is €121k.

The newest entry dates from 17 December 2019: an option exercise, in Coherent Inc. The latest purchase dates back some time: it was published 5,003 days ago, on 11 February 2013. 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. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.