George Putnam III

George Putnam III is a declared insider at 11 companies; the most frequent names are Putnam California Investment Grade Municipal Trust, Putnam Managed Municipal Income Trust and Putnam High Yield Municipal Trust. The record holds 20 filings, for trades running from 27 March 2006 to 25 February 2008.

In open-market terms, that means 9 purchases worth €65k on one side and 3 sales worth €27k on the other. Taken together, the purchases exceed the sales by €38k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant.

Half of the purchases are above €7,454 and half below. For 4 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 0% of cases, with a median move of -2.7%. They describe history only and say nothing certain about the share price ahead.

The latest filing, published on 27 February 2008, reports a transaction of €21k in Putnam Municipal Opportunities Trust. The last insider purchase was made public on 26 April 2006, 7,486 days ago. Filings reach the SEC (Form 4) feed a median of 1 day after the trade. The legal deadline for a Form 4 is two business days after the transaction. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.