James A. Prestridge

James A. Prestridge discloses dealings in Formfactor Inc to SEC (Form 4). Between 5 February 2007 and 31 August 2011, the trades on record add up to 11 filings.

Both buying and selling appear: 1 purchase worth €44k, against 5 sales worth €739k. Netting one side against the other leaves €695k of net selling. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 5 option exercises. In 2011 alone, the filings show no purchases and 4 sales.

On 1 September 2011 came the latest disclosure, an open-market sale for €56k in Formfactor Inc. The clock since the last published purchase (12 March 2008) now reads 6,815 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.