Hasu P. Shah

Hasu P. Shah is a declared insider of Hersha Hospitality Trust, with filings sourced from SEC (Form 4). We count 13 filings; the first trade dates from 27 June 2016 and the latest from 24 April 2020.

On the open market, the record shows 11 purchases worth €400k and 1 sale worth €213k. Taken together, the purchases exceed the sales by €187k. 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 1 share grant. 2020 to date brings 5 purchases and no sales.

In size, the median ticket on the buying side is €26k. Clusters matter here: 9 out of 11 purchases overlapped with buying by a colleague within 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase.

Most recently, on 28 April 2020, the filings show an open-market purchase worth €24k in Hersha Hospitality Trust. Between a trade and the moment it shows up on SEC (Form 4), the median delay 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.