David Novak

This profile gathers the share dealings of David Novak in Railamerica Inc /DE. Over a trading history stretching from 16 October 2009 to 1 October 2012, the count stands at 14 filings.

On the open market, the record shows 1 purchase worth €30k and 2 sales worth €3.0M. Netting one side against the other leaves €2.9M of net selling. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Besides market trades, the filings include 11 share grants. Since January 2012: no purchases and 2 sales on the market.

The record was last updated on 2 October 2012 with an open-market sale (€2.1M) in Railamerica Inc /DE. The last purchase on record was published on 20 October 2009, which is 6,228 days ago. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. 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.