Michael B. Yanney

Michael B. Yanney discloses dealings in 3 companies, chiefly Greystone Housing Impact Investors LP, Level 3 Communications Inc and America First Apartment Investors Inc. In total, 236 filings cover trades dated from 30 December 2005 to 10 September 2019.

The open-market side counts 174 purchases for €8.5B alongside 12 sales for €780k. On balance, insiders were net buyers of €8.5B. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 33 share grants and 3 option exercises.

In size, the median ticket on the buying side is €11k. After 72 purchases with a full 90-day history, the hit rate stands at 39% and the median 90-day move at -3.4%. This is a record of the past, not a forecast.

On 12 September 2019 came the latest disclosure, a share grant for €139k in Greystone Housing Impact Investors LP. The last insider purchase was made public on 16 December 2014, 4,331 days ago. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 1 day. The legal deadline for a Form 4 is two business days after the transaction. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.