Matthew Oristano

Matthew Oristano (board member) discloses dealings in Spok Holdings, Inc to SEC (Form 4). Over a trading history stretching from 20 January 2006 to 26 July 2022, the count stands at 97 filings.

Market trades split into 10 purchases (€609k) and 14 sales (€325k). The net balance comes to €284k on the buying side. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Besides market trades, the filings include 70 share grants. Since January 2022: 1 purchase and no sales on the market.

A typical purchase (the median) is worth €67k. On 5 out of 5 purchases, another insider of the same company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. After 6 purchases with a full 90-day history, the hit rate stands at 50% and the median 90-day move at +5.6%. These figures describe past trades and do not predict future prices.

On 29 July 2022 came the latest disclosure, a share grant in Spok Holdings, Inc. The clock since the last published purchase (3 May 2022) now reads 1,651 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. Section 16 rules allow two business days to file each Form 4. 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.