Reginald B. Newman II

Reginald B. Newman II has filed trades across 3 companies (mainly through SEC (Form 4)), most often in Rand Capital Corp, Taylor Devices, Inc. and M&T Bank Corp. Between 3 January 2006 and 27 March 2018, the trades on record add up to 54 filings.

In open-market terms, that means 9 purchases worth €667k on one side and 1 sale worth €54k on the other. Taken together, the purchases exceed the sales by €613k. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Other entries cover 14 share grants and 8 option exercises. So far in 2018, the count stands at 6 purchases and no sales.

The median purchase comes to €22k. On 1 out of 7 purchases, another insider of the same company was buying within the same 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. After 8 purchases with a full 90-day history, the hit rate stands at 13% and the median 90-day move at -2.2%. They describe history only and say nothing certain about the share price ahead.

The latest filing, published on 28 March 2018, reports an open-market purchase of €420 in Rand Capital Corp. The median gap between a trade and its publication by SEC (Form 4) is 2 days. For comparison, the SEC allows two business days to file a Form 4. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.