Richard Wayne

Richard Wayne discloses dealings in Northeast Bancorp /ME/ to SEC (Form 4). Between 25 August 2016 and 15 May 2019, the trades on record add up to 10 filings.

No open-market sale appears; the market trades are 3 purchases worth €551k. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Outside the open market, there are 4 share grants. In 2019 alone, the filings show 1 purchase and no sales.

The median purchase comes to €191k. 3 out of 3 purchases came within 30 days of a purchase by at least one other insider of the same company. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. Looking at 3 purchases old enough to measure, the stock rose over the following 90 days in 33% of cases; the median change was -2.7%. This is a record of the past, not a forecast.

The newest entry dates from 16 May 2019: a transaction, in Northeast Bancorp /ME/. The most recent open-market purchase was published on 14 May 2019, 2,717 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. US insiders must file a Form 4 within two business days of a trade. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.