Stephen R. Theroux

Filings by Stephen R. Theroux span 2 companies, the busiest being BAR Harbor Bankshares and Lake Sunapee Bank Group. Over a trading history stretching from 13 February 2007 to 16 November 2021, the count stands at 51 filings.

In open-market terms, that means 6 purchases worth €159k on one side and 20 sales worth €497k on the other. Netting one side against the other leaves €338k of net selling. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Outside the open market, there are 8 share grants and 8 option exercises.

In size, the median ticket on the buying side is €22k. 2 out of 5 purchases came within 30 days of a purchase by at least one other insider of the same company. Purchases made close together by different insiders form what is called a cluster. Looking at 5 purchases old enough to measure, the stock rose over the following 90 days in 60% of cases; the median change was +4.4%. Past outcomes like these are no guarantee of what comes next.

On 18 November 2021 came the latest disclosure, a share grant for €29k in BAR Harbor Bankshares. The last purchase on record was published on 21 November 2018, which is 2,909 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 5 days. 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. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.