Peter K. Seldin

Peter K. Seldin has filed trades across 3 companies (mainly through SEC (Form 4)), most often in Tesco Corp, GMX Resources Inc and ATP Oil & Gas Corp. In total, 44 filings cover trades dated from 20 December 2006 to 17 August 2009.

Market trades split into 5 purchases (€3.3M) and 29 sales (€37.6M). The amount is not disclosed for 5 filings. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 2 share grants and 2 option exercises. 2009 to date brings no purchases and 22 sales.

In size, the median ticket on the buying side is €363k.

The latest filing, published on 18 August 2009, reports an open-market sale of €568k in GMX Resources Inc. The last purchase on record was published on 9 November 2007, which is 6,940 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. US insiders must file a Form 4 within two business days of a trade. 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.