Michael E. Wiley

Michael E. Wiley discloses dealings in 4 companies, chiefly Tesoro Corp /NEW/, Bill Barrett Corp and HighPoint Resources Corp. Between 31 October 2005 and 1 June 2019, the trades on record add up to 83 filings.

In open-market terms, that means 3 purchases worth €131k on one side and 7 sales worth €1.2M on the other. The net balance comes to €1.1M on the selling side. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. Besides market trades, the filings include 28 share grants and 24 option exercises.

A typical purchase (the median) is worth €31k.

The latest filing, published on 4 June 2019, reports a share grant in HighPoint Resources Corp. The last insider purchase was made public on 4 December 2014, 4,357 days ago. The median gap between a trade and its publication by SEC (Form 4) is 2 days. The legal deadline for a Form 4 is two business days after the transaction. Keep in mind that insiders sell for many reasons unrelated to the outlook, from tax bills to estate planning. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.