Lawrence J. Sherman

Lawrence J. Sherman discloses dealings in First Regional Bancorp to SEC (Form 4). Between 22 July 2005 and 28 July 2008, the trades on record add up to 7 filings.

On the open market, the record shows 1 purchase worth €2,726 and 3 sales worth €1.3M. Netting one side against the other leaves €1.3M of net selling. Unlike grants, an open-market purchase is paid for by the insider, at the market price. In 2008 alone, the filings show 1 purchase and no sales.

The latest filing, published on 30 July 2008, reports an open-market purchase of €2,726 in First Regional Bancorp. The median gap between a trade and its publication by SEC (Form 4) is 2 days. For comparison, the SEC allows two business days to file a Form 4. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Every figure here comes from the filings published by SEC (Form 4) and describes the past, not future prices; it is not investment advice.