Michael e. J. Phelps

Michael e. J. Phelps is a declared insider at 4 companies; the most frequent names are Spectra Energy Corp., Marathon OIL Corp and Duke Energy Corp. We count 65 filings; the first trade dates from 28 December 2005 and the latest from 22 February 2018.

On the open market, the record shows 2 purchases worth €541k and 7 sales worth €620k. Netting one side against the other leaves €78k of net selling. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 26 share grants and 16 option exercises. 2018 to date brings no purchases and 3 sales.

On 23 February 2018 came the latest disclosure, an open-market sale for €483k in Enbridge Inc. The latest purchase dates back some time: it was published 7,002 days ago, on 7 September 2007. The median gap between a trade and its publication by SEC (Form 4) is 2 days. US insiders must file a Form 4 within two business days of a trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.