The SEC reported 596 Form 4 filings today. This activity came from 591 insiders representing 286 companies. Individual filings where there was more than $1 million in market value represented, occurred in 74 filings. Companies with aggregate market value transactions of over $1 million numbered 29, and within these companies there were 51 individual insiders surpassing the high value threshold.
The S&P 500 index had 136 individuals from 58 companies reporting insider trades. This level of activity was significantly lower than the average for the 30 days and markedly lower than that of last 5 days. Included in this activity, were high value transactions reflecting 8 individuals in 5 companies, representing $22,385,978 in market value, and came from discretionary sales of 274,263 shares.
Among the most significant insider transactions for the day:
Insider Buying at Tempur Sealy International (TPX) is Significant
Two insiders — Rehan Jaffer, 10% Owner, and Usman Nabi, Director — bought 1,220,000 shares of Tempur Sealy International having a market value of approximately $58,923,685 today, as revealed 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
* Rehan Jaffer, 10% Owner, bought 610,000 shares
* Usman Nabi, Director, bought 610,000 shares
Another 28 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.