The week of June 10 to June 16, 2017 saw 2,677 Form 4 filings processed with the SEC. These transactions involved activity in 912 companies and came from 2,460 insiders. The vast majority of the reported activity was centered within the following transaction types: 155,455,154 discretionary share sales; 2,537,419 discretionary share tax sales; 22,953,794 share award transactions; 83,925,118 shares related to options and derivative security transactions; and 13,832,503 discretionary share purchases.
There were approximately 298,503,882 shares related to these transactions having a market value of approximately $8,386,538,539. “Acquired” shares in these aforementioned transactions is defined as shares retained from an award or through conversions, net of any tax sales, and discretionary purchases, and were approximately 80,569,789 shares. “Disposed” shares were approximately 213,529,170 and are defined as 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. Included in the reported individual transactions were 1,541 that represented less than $100,000 in market value, while there were 855 with a market value in excess of $100,000 and within this activity were 281 transactions which individually represented over $1 million in market value.
Transactions by Market Value & Industry Group
Companies with aggregate market value transactions of over $1 million numbered 194, and within these companies there were 259 individual insiders surpassing the high value threshold. The two industry groups with the largest number of acquired shares were Wireless Telecom and Gyms, Fitness and Spa Centers. Insiders within these groups acquired 6,000,000 shares and 4,060,082 shares respectively. The two groups with the largest dispositions by insiders were the Hotels, Motels & Cruise Lines industry group where insiders disposed of 49,500,000 shares followed by the Residential Builders – Single Homes industry group where insiders disposed of 43,662,624 shares.
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