Clayton Eugene Woodrum

Clayton Eugene Woodrum, listed as board member, has filed trades across 3 companies (mainly through SEC (Form 4)), most often in Ring Energy, Inc., Arena Resources Inc and Adera Mines Ltd. In total, 65 filings cover trades dated from 29 June 2006 to 17 May 2024.

In open-market terms, that means 1 purchase worth €32k on one side and 15 sales worth €2.4M on the other. Netting one side against the other leaves €2.4M of net selling. 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 11 share grants and 4 option exercises.

The latest filing, published on 21 May 2024, reports a transaction in Ring Energy, Inc. The most recent open-market purchase was published on 4 April 2008, 6,792 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 3 days. US insiders must file a Form 4 within two business days of a trade. 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.