Charles Zhang

All filings by Charles Zhang on record concern Sohu Com Inc. Over a trading history stretching from 25 July 2006 to 24 May 2018, the count stands at 32 filings.

On the open market, the record shows 21 purchases worth €13.0M and 3 sales worth €1.4M. Taken together, the purchases exceed the sales by €11.6M. Buying on the open market means paying the going price with one's own funds, a different act from receiving shares as pay. Besides market trades, the filings include 3 share grants and 4 option exercises. 2018 to date brings 14 purchases and no sales.

Half of the purchases are above €311k and half below. Clusters matter here: 14 out of 21 purchases overlapped with buying by a colleague within 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. Ninety days after publication, 15 purchases show a median change of -25.1%, with the price up in 47% of them. This is a record of the past, not a forecast.

On 25 May 2018 came the latest disclosure, an open-market purchase for €633k in Sohu Com Inc. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. For comparison, the SEC allows two business days to file a Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.