Robert Pavey

Robert Pavey discloses dealings in Peregrine Semiconductor Corp to SEC (Form 4). Between 13 August 2012 and 12 December 2014, the trades on record add up to 12 filings.

In open-market terms, that means 1 purchase worth €2.3M on one side and 3 sales worth €3.5M on the other. Taken together, the sales exceed the purchases by €1.3M. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. 2014 to date brings no purchases and 3 sales.

On 18 December 2014 came the latest disclosure, a transaction for €16.9M in Peregrine Semiconductor Corp. The last insider purchase was made public on 13 August 2012, 5,185 days ago. Publication is fast: at least half of the trades appear on SEC (Form 4) on the same 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. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.