The number of Form 4 filings processed with the SEC during week of April 22 to April 28, 2017, was 1,812. These transactions represented activity in 597 companies and came from 1,662 insiders. These transactions can be broken down into the following categories: 21,844,866 discretionary share sales; 2,677,045 discretionary share tax sales; 20,667,194 share award transactions; 56,385,402 shares related to options and derivative security transactions; and 24,319,951 discretionary share purchases.
There were approximately 209,332,732 shares related to these transactions having a market value of approximately $161,936,831,092,365. 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 89,099,834 shares. Shares disposed were approximately 60,960,642 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.
Transaction by Market Value
Included in the reported individual transactions were 953 that represented less than $100,000 in market value, while there were 643 with a market value in excess of $100,000 and of these, 216 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 133, and within these companies there were 194 individual insiders surpassing the high value threshold.
Notable Industry Groups
The two industry groups with the largest number of acquired shares were Retail & Mortgage Banks and Broadcasting. Insiders within these groups acquired 15,456,589 shares and 12,690,256 shares respectively. The two groups with the largest dispositions by insiders were the Retail & Mortgage Banks industry group where insiders disposed of 15,457,607 shares followed by the Oil & Gas Exploration and Production industry group where insiders disposed of 6,734,427 shares.
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