Three Arch Management III LLC

Filings by Three Arch Management III LLC span 3 companies, the busiest being Talphera, Inc., Concert Pharmaceuticals, Inc. and Molecular Templates, Inc. Between 3 March 2006 and 18 November 2014, the trades on record add up to 23 filings.

The open-market side counts 4 purchases for €5.8M alongside 3 sales for €14.5M. The net balance comes to €8.7M on the selling side. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Since January 2014: 2 purchases and 2 sales on the market.

A typical purchase (the median) is worth €621k.

The record was last updated on 20 November 2014 with an open-market sale (€2.3M) in Concert Pharmaceuticals, Inc. The last insider purchase was made public on 21 February 2014, 4,644 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. For comparison, the SEC allows two business days to file a Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.