Trevor R. Milton

Trevor R. Milton, listed as chief executive, appears in our data through filings on Nikola Corp shares, published by SEC (Form 4). We count 13 filings; the first trade dates from 11 May 2021 and the latest from 24 August 2022.

Both buying and selling appear: 1 purchase worth €17.5M, against 3 sales worth €68.5M. Netting one side against the other leaves €51.0M of net selling. 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 8 share grants. So far in 2022, the count stands at 1 purchase and no sales.

The newest entry dates from 24 August 2022: an open-market purchase of €17.5M, in Nikola Corp. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 4 days. Section 16 rules allow two business days to file each Form 4. 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.