Allan M. Rudnick

Allan M. Rudnick discloses dealings in Source Capital Inc to SEC (Form 4). The record holds 3 filings, for trades running from 20 August 2012 to 11 February 2014.

Every open-market trade on record is a purchase: 3 purchases worth €100k, and no sale. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. In 2014 alone, the filings show 1 purchase and no sales.

Half of the purchases are above €36k and half below. For 3 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 33% of cases, with a median move of -1.5%. This is a record of the past, not a forecast.

On 24 February 2014 came the latest disclosure, an open-market purchase for €36k in Source Capital Inc. Filings reach the SEC (Form 4) feed a median of 13 days after the trade. Section 16 rules allow two business days to file each Form 4. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.