Richard J. Shearer

Richard J. Shearer, listed as chief executive, has filed trades across 2 companies (mainly through SEC (Form 4)), most often in Emerge Energy Services LP and Smart Sand, Inc. Over a trading history stretching from 14 May 2013 to 7 June 2023, the count stands at 47 filings.

In open-market terms, that means 2 purchases worth €350k on one side and 24 sales worth €15.7M on the other. Sales outweigh purchases by €15.4M. 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 12 share grants and 2 option exercises.

The newest entry dates from 9 June 2023: a share grant of €2,796, in Smart Sand, Inc. The most recent open-market purchase was published on 27 August 2015, 4,091 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. For comparison, the SEC allows two business days to file a Form 4. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.