The number of Form 4 filings processed with the SEC during week of January 16 to January 22, 2017, was 2,023. These transactions represented activity in 589 companies and came from 1,875 insiders. These transactions can be broken down into the following categories: 152,765,979 discretionary share sales; 5,821,623 discretionary share tax sales; 21,671,839 share award transactions; 60,307,274 shares related to options and derivative security transactions; and 43,122,055 discretionary share purchases.
There were approximately 299,126,806 shares related to these transactions having a market value of approximately $1,760,572,945. Shares acquired as a part of these aforementioned transactions, where “acquisition” is defined as retaining shares received from an award or through conversions, net of tax sales, and discretionary purchases, were approximately 104,060,163 shares. Shares disposed were approximately 191,937,234 and included shares awarded and then sold as part of a single filing, and like transactions for options and derivative securities and non-tax related discretionary sales.
Transactions by Market Value
Included in the reported individual transactions were 1,266 that represented less than $100,000 in market value, while there were 628 with a market value in excess of $100,000 and within this activity were 129 transactions which individually represented over $1 million in market value. There were 75 companies with aggregated total market value transactions that exceeded the high value threshold and within these companies were 117 individual insiders with transactions that were greater than $1 million.
Notable Industry Groups
The two industry groups with the largest number of acquired shares were Semiconductor Equipment & Testing and Oil Related Services and Equipment. Insiders within these groups acquired 39,067,584 shares and 10,548,901 shares respectively. The two groups with the largest dispositions by insiders were the Oil & Gas Exploration and Production industry group where insiders disposed of 78,960,054 shares followed by the Semiconductor Equipment & Testing industry group where insiders disposed of 39,089,383 shares.
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