Thomas W. Oliver Jr.

All filings by Thomas W. Oliver Jr. on record concern Virtus Dividend, Interest & Premium Strategy Fund. Over a trading history stretching from 20 December 2017 to 13 March 2020, the count stands at 7 filings.

The open-market record is one-sided, with 7 purchases worth €69k and not one sale. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. So far in 2020, the count stands at 2 purchases and no sales.

A typical purchase (the median) is worth €7,234. Clusters matter here: 4 out of 7 purchases overlapped with buying by a colleague within 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. For 7 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 43% of cases, with a median move of -0.8%. This is a record of the past, not a forecast.

On 17 March 2020 came the latest disclosure, an open-market purchase for €9,833 in Virtus Dividend, Interest & Premium Strategy Fund. 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. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.