Significant Insider Selling in Shares of Regency Centers (REG) Continues

Friday, January 26, 2018 10:15 PM ET

Significant Insider Selling in Shares of Regency Centers (REG) Continues

There was a significant sale of shares of Regency Centers by an insider today, as revealed in a form 4 document filed with the SEC. One insider — Chaim Katzman, 10% Owner, Director and Officer — disposed of 131,326 shares in the company having a market value of approximately $8,436,382. 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 576,129 company shares. Adding the most recent activity to this 90-day history indicates insider trades have seen net sales of 707,455 shares and have averaged 141,491 shares per transaction over this time period.

Relative to its peers over the last 90 days, insider buy/sell trading at Regency Centers is greater than the 29-company peer group average. Retail REITs peer group saw 24 buy/sell trades during this period for an average of 0.8 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 616,729 shares sold with company insiders selling 23,084 shares on average.

Significant insider buying and selling activity has been determined by eliminating 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 in data sourced in composing and writing 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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