Hern Thomas E. O

Hern Thomas E. O (chief executive) discloses dealings in 2 companies, chiefly Macerich Co and Douglas Emmett Inc. In total, 114 filings cover trades dated from 20 December 2005 to 20 March 2024.

The open-market side counts 13 purchases for €2.3M alongside 49 sales for €16.6M. Sales outweigh purchases by €14.3M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 3 share grants and 1 option exercise. So far in 2024, the count stands at no purchases and 2 sales.

The median purchase comes to €138k. Clusters matter here: 9 out of 12 purchases overlapped with buying by a colleague within 30 days. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. Looking at 13 purchases old enough to measure, the stock rose over the following 90 days in 54% of cases; the median change was +7.5%. Past outcomes like these are no guarantee of what comes next.

The newest entry dates from 22 March 2024: an open-market sale of €1.5M, in Macerich Co. The clock since the last published purchase (26 September 2022) now reads 1,491 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. For comparison, the SEC allows two business days to file a Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.