Mark A. Schieber

Mark A. Schieber discloses dealings in Waddell & Reed Financial Inc to SEC (Form 4). The record holds 23 filings, for trades running from 31 December 2005 to 2 April 2011.

Both buying and selling appear: 1 purchase worth €1,583, against 4 sales worth €110k. Netting one side against the other leaves €109k of net selling. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 15 share grants and 2 option exercises.

The latest filing, published on 5 April 2011, reports a share grant of €40k in Waddell & Reed Financial Inc. The most recent open-market purchase was published on 9 June 2006, 7,458 days ago. Filings reach the SEC (Form 4) feed a median of 4 days after the trade. For comparison, the SEC allows two business days to file a Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.