Gerald Rosenfeld

Gerald Rosenfeld, listed as board member, has filed trades across 2 companies (mainly through SEC (Form 4)), most often in CIT Group Inc and Resources Connection, Inc. The record holds 42 filings, for trades running from 3 April 2006 to 3 January 2022.

In open-market terms, that means 1 purchase worth €94k on one side and 2 sales worth €104k on the other. On balance, insiders were net sellers of €11k. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Besides market trades, the filings include 22 share grants and 8 option exercises.

The record was last updated on 5 January 2022 with a transaction in CIT Group Inc. The clock since the last published purchase (20 March 2020) now reads 2,425 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. For comparison, the SEC allows two business days to file a Form 4. 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.