Michael Silton

Michael Silton is a declared insider of Rainmaker Systems Inc, with filings sourced from SEC (Form 4). We count 109 filings; the first trade dates from 20 November 2006 and the latest from 17 August 2012.

In open-market terms, that means 14 purchases worth €25k on one side and 39 sales worth €1.8M on the other. The amount is not disclosed for 1 filing. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Other entries cover 56 share grants.

Half of the purchases are above €1,151 and half below. Looking at 13 purchases old enough to measure, the stock rose over the following 90 days in 0% of cases; the median change was -11.6%. This is a record of the past, not a forecast.

Most recently, on 21 August 2012, the filings show a share grant worth €9,367 in Rainmaker Systems Inc. The most recent open-market purchase was published on 29 June 2011, 5,595 days ago. Filings reach the SEC (Form 4) feed a median of 1 day after the trade. US insiders must file a Form 4 within two business days of a trade. Sales are harder to read than purchases, since they often meet personal needs such as tax or diversification. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.