Jeff A. Stevens

Filings by Jeff A. Stevens span 5 companies, the busiest being Tesoro Corp /NEW/, Tesoro Logistics LP and Western Refining, Inc. Between 11 August 2015 and 29 November 2018, the trades on record add up to 121 filings.

The open-market side counts 30 purchases for €26.6M alongside 68 sales for €56.0M. Sales outweigh purchases by €29.4M. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Other entries cover 11 share grants and 7 option exercises. So far in 2018, the count stands at 19 purchases and 60 sales.

In size, the median ticket on the buying side is €847k. Of 20 purchases, 1 formed part of a group of insiders buying within 30 days of each other. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time.

The latest filing, published on 3 December 2018, reports an open-market sale of €845k in Tesoro Logistics LP. The last insider purchase was made public on 28 August 2018, 2,978 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. The legal deadline for a Form 4 is two business days after the transaction. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.