Erich S. Schnaufer

All filings by Erich S. Schnaufer on record concern Ryerson Holding Corp. Between 18 August 2015 and 31 March 2019, the trades on record add up to 30 filings.

The open-market record is one-sided, with 18 purchases worth €135k and not one sale. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 1 share grant and 11 option exercises.

The median purchase comes to €4,752. Clusters matter here: 10 out of 12 purchases overlapped with buying by a colleague within 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. Looking at 18 purchases old enough to measure, the stock rose over the following 90 days in 28% of cases; the median change was -15.5%. They describe history only and say nothing certain about the share price ahead.

The record was last updated on 2 April 2019 with an option exercise in Ryerson Holding Corp. The last purchase on record was published on 20 November 2018, which is 2,911 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. Section 16 rules allow two business days to file each Form 4. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.