Lonny E. Townsend

Lonny E. Townsend discloses dealings in 2 companies, chiefly Magellan Midstream Partners, L.P. and Magellan Midstream Holdings LP. Between 25 January 2007 and 1 September 2011, the trades on record add up to 51 filings.

No open-market purchase appears, only 31 sales worth €1.2M. The rest of the record consists of 7 share grants and 6 option exercises. In 2011 alone, the filings show no purchases and 30 sales.

On 1 September 2011 came the latest disclosure, an open-market sale for €4,214 in Magellan Midstream Partners, L.P. The median gap between trade and publication is zero days: most filings appear on the same day. US insiders must file a Form 4 within two business days of a trade. 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.