The SEC saw 976 Form 4 filings reported today. This activity came from 960 insiders involving 375 companies. Of these individual transactions, 60 were filings that represented over $1 million in market value. Companies with aggregate market value transactions of over $1 million numbered 33, and within these companies there were 67 individual insiders surpassing the high value threshold.
Within the S&P 500 index there were 196 individual filers from 62 companies reporting insider trades. This activity was much below the average for the month and much lower than that of last week. Insiders with high value transactions numbered 11, who traded 257,443 shares, having a market value of approximately $31,904,646, involved 8 companies, and came from discretionary purchases of 60,000 shares and discretionary sales of 197,443 shares.
Among the most significant insider transactions for the day:
Insider Buying at Tempur Sealy International (TPX) is Significant and Extends Trend of Last Quarter
There were substantial insider purchases of Tempur Sealy International shares today, as reflected in filings with the SEC as three insiders — Jon L Luther, Director, Rehan Jaffer, 10% Owner, and Usman Nabi, Director — purchased 1,282,750 shares in the company having a net market value of approximately $61,165,344. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been buys resulting in the purchase of 1,233,349 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net purchases of 2,516,099 shares and have averaged 419,350 shares per transaction over this time period.
Today’s Insider Activity
* Jon L Luther, Director, bought 2,750 shares
* Rehan Jaffer, 10% Owner, bought 640,000 shares
* Usman Nabi, Director, bought 640,000 shares
Another 31 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.