Dale A. Westwood

Dale A. Westwood discloses dealings in QNB Corp to SEC (Form 4). The record holds 28 filings, for trades running from 31 March 2017 to 8 February 2021.

In open-market terms, that means 18 purchases worth €18k on one side and 2 sales worth €123k on the other. Sales outweigh purchases by €105k. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 4 share grants and 4 option exercises.

The median purchase comes to €994. Clusters matter here: 14 out of 18 purchases overlapped with buying by a colleague within 30 days. Such overlaps are known as a cluster signal: distinct people reaching the same decision at about the same time. Looking at 18 purchases old enough to measure, the stock rose over the following 90 days in 33% of cases; the median change was -1.6%. This is a record of the past, not a forecast.

On 10 February 2021 came the latest disclosure, an option exercise for €88k in QNB Corp. The most recent open-market purchase was published on 10 January 2020, 2,495 days ago. Filings reach the SEC (Form 4) feed a median of 38 days after the trade. Section 16 rules allow two business days to file each Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.