Roy J. Nichols

Roy J. Nichols, listed as board member, appears in our data through filings on Adtran Inc shares, published by SEC (Form 4). The record holds 59 filings, for trades running from 30 June 2005 to 2 September 2021.

In open-market terms, that means 3 purchases worth €39k on one side and 5 sales worth €714k on the other. On balance, insiders were net sellers of €675k. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Outside the open market, there are 13 share grants and 18 option exercises.

Half of the purchases are above €71 and half below. Looking at 3 purchases old enough to measure, the stock rose over the following 90 days in 0% of cases; the median change was -2.8%. This is a record of the past, not a forecast.

The record was last updated on 7 September 2021 with a transaction (€12) in Adtran Inc. The last insider purchase was made public on 1 December 2011, 5,456 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 4 days. The legal deadline for a Form 4 is two business days after the transaction. 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.