Thomas E. Stern

Thomas E. Stern is a declared insider of optionsXpress Holdings, Inc., with filings sourced from SEC (Form 4). We count 17 filings; the first trade dates from 15 December 2005 and the latest from 1 September 2011.

In open-market terms, that means 2 purchases worth €42k on one side and 3 sales worth €604k on the other. Taken together, the sales exceed the purchases by €562k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 10 share grants.

On 1 September 2011 came the latest disclosure, a transaction in optionsXpress Holdings, Inc. The clock since the last published purchase (13 March 2008) now reads 6,814 days. Filings reach the SEC (Form 4) feed a median of 2 days after the trade. Section 16 rules allow two business days to file each Form 4. A sale on its own says little: insiders also sell to pay tax, fund a purchase or diversify. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.