Marc Magellan Pais

Marc Magellan Pais discloses dealings in Arizona Metals Corp. to SEDI. Between 1 August 2019 and 18 March 2024, the trades on record add up to 17 filings.

In open-market terms, that means 4 purchases worth €67k on one side and 5 sales worth €1.5M on the other. Taken together, the sales exceed the purchases by €1.4M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 6 option exercises. In 2024 alone, the filings show no purchases and 1 sale.

The median purchase comes to €17k.

The latest filing, published on 18 March 2024, reports an option exercise of €137k in Arizona Metals Corp. The most recent open-market purchase was published on 28 June 2023, 1,218 days ago. Filings reach the SEDI feed a median of 1 day after the trade. That lag is the time during which only the insider knows about the trade. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from SEDI. Past trades are no guide to future returns.