H. les Patrick

H. les Patrick discloses dealings in Provident Bankshares Corp to SEC (Form 4). The record holds 15 filings, for trades running from 1 February 2006 to 23 May 2009.

In open-market terms, that means 1 purchase worth €19k on one side and 2 sales worth €299k on the other. Taken together, the sales exceed the purchases by €280k. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 4 share grants and 2 option exercises.

On 26 May 2009 came the latest disclosure, a transaction in Provident Bankshares Corp. The clock since the last published purchase (15 April 2008) now reads 6,782 days. Typically, a trade is published a median of 2 days after it takes place. Section 16 rules allow two business days to file each Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.