Michael Lee Stickney

Michael Lee Stickney is a declared insider of Industrial Alliance Insurance and Financial Services Inc., with filings sourced from SEDI. We count 64 filings; the first trade dates from 21 August 2015 and the latest from 27 December 2018.

In open-market terms, that means 11 purchases worth €351k on one side and 29 sales worth €2.1M on the other. The totals do not cover 2 filings with an undisclosed amount. 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 23 option exercises. Since January 2018: 9 purchases and no sales on the market.

In size, the median ticket on the buying side is €32k. The 10 purchases reviewed show no overlap with other insiders buying the same stock within a month.

The latest filing, published on 29 December 2018, reports an open-market purchase of €67k in Industrial Alliance Insurance and Financial Services Inc. Typically, a trade is published a median of 2 days after it takes place. Until a filing is published, the market cannot know about the trade. Selling is not necessarily a view on the stock: liquidity needs and diversification are common motives. This summary is built from SEDI disclosures alone and does not predict where the share price will go.