J. Edward Morley

J. Edward Morley discloses dealings in Trailer Bridge Inc to SEC (Form 4). We count 45 filings; the first trade dates from 24 May 2007 and the latest from 9 December 2010.

In open-market terms, that means 2 purchases worth €2,500 on one side and 29 sales worth €419k on the other. Sales outweigh purchases by €416k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Outside the open market, there are 2 share grants and 12 option exercises. In 2010 alone, the filings show no purchases and 14 sales.

On 9 December 2010 came the latest disclosure, an open-market sale for €13k in Trailer Bridge Inc. The most recent open-market purchase was published on 1 April 2009, 6,431 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. Section 16 rules allow two business days to file each Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.