H. B. Wehrle III

H. B. Wehrle III discloses dealings in MRC Global Inc. to SEC (Form 4). Between 9 May 2013 and 18 March 2020, the trades on record add up to 22 filings.

On the open market, the record shows 6 purchases worth €3.0M and 2 sales worth €2.0M. Netting one side against the other leaves €1.0M of net buying. Unlike grants, an open-market purchase is paid for by the insider, at the market price. The rest of the record consists of 7 share grants. 2020 to date brings 4 purchases and no sales.

In size, the median ticket on the buying side is €519k. Of 4 purchases, 2 formed part of a group of insiders buying within 30 days of each other. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase.

On 19 March 2020 came the latest disclosure, an open-market purchase for €867k in MRC Global Inc. 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. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.