The SEC saw 554 Form 4 filings recorded today. These filings involved 547 insiders and represented 189 companies. Within this insider activity were 60 transactions which individually represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 18, and within these companies there were 38 individual insiders surpassing the high value threshold.
Within the Russell 3000 index there were 169 companies reporting insider trades which included 486 individuals. This level of activity was markedly greater than the average for the month and substantially higher than that of previous week. High value transactions represented $811,483,290 in market value, reflected 23 individual filers from 16 companies, and came from discretionary purchases of 100,000 shares and discretionary sales of 50,453,315 shares.
Among the most significant insider transactions for the day:
Significant Insider Selling Reported in Shares of LyondellBasell Industries (LYB)
There was a significant insider sale of LyondellBasell Industries shares today, as indicated in a filing with the SEC as — AI New Holdings 2 LLC, 10% Owner — sold 3,032,095 shares in the company having a market value of approximately $279,764,583 This is the first insider buy/sell trade in the past 90 days. LyondellBasell Industries level of buy-sell trading activity is close to the 31 member peer company average.
The Commodity Chemicals peer group saw 21 buy/sell trades during this period for an average of 0.7 transactions per company. However, the number of shares per buy/sell trade transacted by LyondellBasell Industries insiders is higher. Within the peer group there were 1,530 shares purchased and 188,748 shares sold with company insiders disposing of 8,915 shares on average. In order to focus on significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has been eliminated data sourced to create and write this story.
Another 17 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.