Tuesday, September 12, 2017 10:15 PM ET
People’s Utah Bancorp (PUB) Insider Makes Significant Share Sale
A SEC filing today indicated a substantial insider sale of People’s Utah Bancorp shares as — Fred W Fairclough Jr, Director — sold 45,115 shares in the company having a market value of approximately $1,219,188. There have been 3 insiders with buy/sell transactions in the past 90 days prior to this filing. All of these trades have been sales resulting in the sale of 130,265 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 175,380 shares and have averaged 43,845 shares per transaction over this time period.
The number of insider buy/sell trades at People’s Utah Bancorp is greater than that of the 324 peer company average over the last 90-day period. The Banks peer group saw 372 buy/sell trades during this period for an average of 1.1 transactions per company. However, the number of shares traded per transaction by People’s Utah Bancorp insiders is lower than its peers. Within the peer group there were 1,238,866 shares purchased and 35,032,162 shares sold with company insiders selling 90,842 shares on average over this time period.
For the purpose of evaluating significant insider buying and selling all trades reported to the SEC that involve awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers have been eliminated in data sourced to create and write this story.
Using proprietary Natural Language Generation (NLG) technology, 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.
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