The number of Form 4 filings processed with the SEC during week of February 18 to February 24, 2017, was 3,623. These transactions represented activity in 862 companies and came from 3,274 insiders. Most of the transactions occurred in the following transaction codes: 52,064,131 discretionary share sales; 11,765,022 discretionary share tax sales; 169,892,951 share award transactions; 124,403,726 shares related to options and derivative security transactions; and 3,527,791 discretionary share purchases.
These transactions have an approximate net market value of $3,739,200,286 and reflect activity involving approximately 363,084,548 shares. 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 251,706,904 shares. Shares disposed were approximately 127,979,036 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. Of the reported individual transactions, 1,798 were less than $100,000 in market value.
Transactions by Market Value
There were 1,443 transactions representing over $100,000 in market value while, individual filings where there was more than $1 million in market value represented, occurred in 382 filings. Companies with aggregate market value transactions of over $1 million numbered 233, and within these companies there were 364 individual insiders surpassing the high value threshold.
Notable Industry Groups
The two industry groups with the largest number of acquired shares were Oil & Gas Transportation Services and Biotechnology & Medical Research. Insiders within these groups acquired 108,488,881 shares and 24,511,330 shares respectively. The two groups with the largest dispositions by insiders were the Banks industry group where insiders disposed of 12,012,763 shares followed by the Professional Information Services industry group where insiders disposed of 11,724,339 shares.
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