Insider trading activity tracked by the SEC in Form 4 reports saw 619 filings today. These filings involved 607 insiders and represented 264 companies. Individual filings where there was more than $1 million in market value represented, occurred in 39 filings. Companies with aggregate market value transactions of over $1 million numbered 15, and within these companies there were 28 individual insiders surpassing the high value threshold.
There were 227 companies in the Russell 3000 index representing 551 individuals reporting insider activity. This activity represented high value transactions having approximately $295,042,109 in market value and reflected 23 individual filers from 15 companies. This level of activity was under the average for the previous 5 days but above the average for the past 30 days, and came from discretionary purchases of 18,799,615 shares and discretionary sales of 642,253 shares. The Russell 1000 index had 187 individuals from 65 companies reporting insider trades. High value transactions represented $256,770,113 in market value and reflected 12 individual filers from 6 companies. This level of activity was beneath the average for the previous month and came from discretionary purchases of 18,716,920 shares and discretionary sales of 368,936 shares.
Among the most significant insider transactions for the day:
The Wendy’s Co (WEN) Insiders Make Significant Share purchases
Five insiders — Garden, Trian, Peltz, May, and Peltz — acquired 18,716,920 shares of The Wendy’s Co having a market value of approximately $239,473,656 today, as reflected in form 4 documents filed with the SEC. This is the first insider buy/sell trade in the past 90 days.
Today’s Insider Activity
* Edward P Garden, 10% Owner, bought 3,743,384 shares
* Fund Management, L.P. Trian, 10% Owner, bought 3,743,384 shares
* Matthew H Peltz, Director, bought 3,743,384 shares
* Peter W May, 10% Owner and Director, bought 3,743,384 shares
* Nelson Peltz, 10% Owner and Director, bought 3,743,384 shares
Another 12 companies had significant insider transactions based on UpTick Data Technologies’ analysis. Using proprietary artificial intelligence methods, UpTick evaluates corporate insider filings reported to the SEC and creates real-time news and analysis to report the most significant insider transactions based on transaction type, size and historical trends. For more information, contact UpTick at firstname.lastname@example.org.