J. Joseph Schlafly

J. Joseph Schlafly discloses dealings in Stifel Financial Corp to SEC (Form 4). In total, 20 filings cover trades dated from 20 January 2006 to 11 January 2008.

Market trades split into 4 purchases (€16k) and 5 sales (€402k). Taken together, the sales exceed the purchases by €386k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 4 share grants and 4 option exercises.

In size, the median ticket on the buying side is €3,204. 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 -11.8%. Past outcomes like these are no guarantee of what comes next.

On 15 January 2008 came the latest disclosure, a share grant for €35k in Stifel Financial Corp. The latest purchase dates back some time: it was published 6,939 days ago, on 9 November 2007. The median gap between a trade and its publication by SEC (Form 4) is 3 days. The legal deadline for a Form 4 is two business days after the transaction. 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.