Plainfield Acceptance LLC

Plainfield Acceptance LLC appears in our data through filings on Oakmont Acquisition Corp. shares, published by SEC (Form 4). Between 9 July 2007 and 19 December 2008, the trades on record add up to 14 filings.

On the open market, the record shows 4 purchases worth €20.1M and 9 sales worth €5,648. On balance, insiders were net buyers of €20.1M. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. So far in 2008, the count stands at 1 purchase and 9 sales.

A typical purchase (the median) is worth €1.8M.

Most recently, on 23 December 2008, the filings show an open-market sale worth €3,036 in Oakmont Acquisition Corp. The last purchase on record was published on 15 February 2008, which is 6,826 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 10 days. The legal deadline for a Form 4 is two business days after the transaction. 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.