Kevin Smith

Kevin Smith is a declared insider of Lannett Co Inc, with filings sourced from SEC (Form 4). Between 24 May 2006 and 14 June 2018, the trades on record add up to 110 filings.

In open-market terms, that means 7 purchases worth €45k on one side and 40 sales worth €9.6M on the other. Sales outweigh purchases by €9.6M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 29 share grants and 33 option exercises. In 2018 alone, the filings show no purchases and 1 sale.

Half of the purchases are above €1,995 and half below.

The latest filing, published on 15 June 2018, reports an option exercise of €42k in Lannett Co Inc. The clock since the last published purchase (8 February 2016) now reads 3,926 days. The median gap between a trade and its publication by SEC (Form 4) is 2 days. Section 16 rules allow two business days to file each 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.