Insider Selling at Regency Centers (REG) Continues with Significant Sale

Friday, January 12, 2018 10:15 PM ET

Insider Selling at Regency Centers (REG) Continues with Significant Sale

A substantial insider sale of the shares of Regency Centers was disclosed in a form 4 document filed with the SEC today, showing — Chaim Katzman, 10% Owner, Director and Officer — disposed of 204,602 shares in the company having a market value of approximately $13,279,508. 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 disposition of 19,483 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 224,085 shares and have averaged 56,021 shares per transaction over this time period.

During the last 90 days, the number of insider buy/sell trades at Regency Centers is higher than the 29-company peer group average. Retail REITs peer group saw 19 buy/sell trades during this period for an average of 0.7 transactions per company. The number of shares per buy/sell trade for Regency Centers insiders was also higher. Within the peer group there were 62,721 shares purchased and 60,083 shares sold with company insiders having bought 147 shares on average.

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 used 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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