Jeffrey K. Storey

Jeffrey K. Storey, listed as chief executive, has filed trades across 2 companies (mainly through SEC (Form 4)), most often in Level 3 Communications Inc and Lumen Technologies, Inc. Between 1 January 2009 and 1 March 2022, the trades on record add up to 105 filings.

Both buying and selling appear: 3 purchases worth €2.2M, against 36 sales worth €23.6M. Netting one side against the other leaves €21.4M of net selling. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 62 share grants.

The median purchase comes to €862k. On 3 out of 3 purchases, another insider of the same company was buying within the same 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase. For 3 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 67% of cases, with a median move of +13.0%. These figures describe past trades and do not predict future prices.

On 3 March 2022 came the latest disclosure, a share grant for €3.0M in Lumen Technologies, Inc. The clock since the last published purchase (23 May 2019) now reads 2,726 days. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. For comparison, the SEC allows two business days to file a 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.