Bhavesh Patel V

Bhavesh Patel V is a declared insider at 2 companies (chief executive); the most frequent names are LyondellBasell Industries N.V. and Union Pacific Corp. We count 71 filings; the first trade dates from 20 September 2012 and the latest from 31 December 2021.

In open-market terms, that means 4 purchases worth €1.1M on one side and 8 sales worth €10.2M on the other. On balance, insiders were net sellers of €9.1M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 48 share grants and 8 option exercises.

Half of the purchases are above €314k and half below. On 3 out of 3 purchases, another insider of the same company was buying within the same 30 days. Purchases made close together by different insiders form what is called a cluster. Looking at 3 purchases old enough to measure, the stock rose over the following 90 days in 100% of cases; the median change was +35.8%. These figures describe past trades and do not predict future prices.

Most recently, on 4 January 2022, the filings show a transaction in LyondellBasell Industries N.V. The last insider purchase was made public on 7 April 2020, 2,406 days ago. Typically, a trade is published a median of 2 days after it takes place. For comparison, the SEC allows two business days to file a Form 4. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.