Regency Centers (REG) sees Significant Insider Selling Continuing

Friday, January 19, 2018 10:15 PM ET

Regency Centers (REG) sees Significant Insider Selling Continuing

A notable insider sale of the shares of Regency Centers was revealed in a form 4 document filed with the SEC today, showing — Chaim Katzman, 10% Owner, Director and Officer — disposed of 30,138 shares in the company having a market value of approximately $1,935,764. There have been 4 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 271,315 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 301,453 shares and have averaged 60,291 shares per transaction over this time period.

In relation to the peer group over the last 90 days, insider buy/sell trading at Regency Centers is higher than the 29-company peer group average. Retail REITs peer group saw 21 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 311,915 shares sold with company insiders selling 11,866 shares on average.

To bring into focus significant insider buying and selling activity, all trading activity reported to the SEC that involves awards, options, exercise of derivative securities, company buy-backs, taxes, gifts, shares acquired via inheritance and tenders or exchange offers has 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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