John T. Nesser III

John T. Nesser III is a declared insider at 4 companies (board member); the most frequent names are McDermott International Inc, Thermon Group Holdings, Inc. and Layne Christensen Co. The record holds 173 filings, for trades running from 6 March 2006 to 1 July 2024.

Both buying and selling appear: 17 purchases worth €387k, against 29 sales worth €4.3M. The totals exclude 23 filings filed without an amount. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Besides market trades, the filings include 77 share grants and 43 option exercises. So far in 2024, the count stands at no purchases and 2 sales.

A typical purchase (the median) is worth €17k. Clusters matter here: 2 out of 11 purchases overlapped with buying by a colleague within 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. Ninety days after publication, 6 purchases show a median change of +9.7%, with the price up in 100% of them. This is a record of the past, not a forecast.

The latest filing, published on 2 October 2024, reports a share grant of €22k in Thermon Group Holdings, Inc. The last insider purchase was made public on 10 August 2023, 1,186 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. Section 16 rules allow two business days to file each Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.