Michael A. Smerklo

Michael A. Smerklo has filed trades across 2 companies (mainly through SEC (Form 4)), most often in Servicesource International, Inc. and SPS Commerce Inc. The record holds 60 filings, for trades running from 30 March 2011 to 2 May 2018.

In open-market terms, that means 5 purchases worth €488k on one side and 49 sales worth €17.0M on the other. On balance, insiders were net sellers of €16.5M. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Outside the open market, there are 4 share grants. So far in 2018, the count stands at no purchases and 1 sale.

Half of the purchases are above €111k and half below.

The newest entry dates from 4 May 2018: an open-market sale of €41k, in SPS Commerce Inc. The last purchase on record was published on 4 December 2013, which is 4,722 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. The legal deadline for a Form 4 is two business days after the transaction. 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.