David A. Westerlund

David A. Westerlund (board member) discloses dealings in 2 companies, chiefly Ball Corp and Xcel Energy Inc. In total, 188 filings cover trades dated from 15 February 2006 to 28 March 2022.

Both buying and selling appear: 13 purchases worth €125k, against 52 sales worth €8.1M. On balance, insiders were net sellers of €8.0M. 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 21 share grants and 54 option exercises.

In size, the median ticket on the buying side is €8,430. Looking at 13 purchases old enough to measure, the stock rose over the following 90 days in 54% of cases; the median change was +3.7%. This is a record of the past, not a forecast.

Most recently, on 30 March 2022, the filings show a share grant in Xcel Energy Inc. The clock since the last published purchase (10 February 2012) now reads 5,385 days. The median gap between a trade and its publication by SEC (Form 4) is 1 day. Section 16 rules allow two business days to file each 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.