Quantum Industrial Partners LDC et Al

Quantum Industrial Partners LDC et Al discloses dealings in Bluefly Inc to SEC (Form 4). In total, 11 filings cover trades dated from 15 June 2006 to 23 May 2013.

Both buying and selling appear: 1 purchase worth €710k, against 2 sales worth €59k. On balance, insiders were net buyers of €651k. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Besides market trades, the filings include 1 share grant. So far in 2013, the count stands at no purchases and 1 sale.

The latest filing, published on 28 May 2013, reports an open-market sale of €38k in Bluefly Inc. The clock since the last published purchase (9 September 2011) now reads 5,524 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 4 days. US insiders must file a Form 4 within two business days of a trade. 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.