BM
Bruce B McPheeters
General Counsel and Secretary

Bruce B McPheeters insider trades: XRS (XRSC) stock buys and sales

General Counsel and Secretary, XRS Last trade Feb 28, 2013 20 Form 4 filings
$0
Sold, last 12 months
0 sales
$0
Bought, last 12 months
0 buys
5
Open-market trades
since 2008
2
Companies
last trade 2013

Trades on the price chart

Daily close, with an arrow on each day they bought or sold

Companies

Where Bruce reports to the SEC

Open-market buys and sales

5 trades reported on SEC Form 4, newest first

DateStockTypeValue
Feb 28, 2013XRSC↑ Buy$5K
Feb 14, 2013XRSC↑ Buy$5K
Oct 11, 2010LWSN↓ Sell10b5-1$772K
Aug 13, 2008LWSN↓ Sell$627K
Jan 11, 2008LWSN↓ Sell10b5-1$167K

Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.

About Bruce B McPheeters's insider trades

Bruce B McPheeters is General Counsel and Secretary at XRS (XRSC). Since Jan 11, 2008, Bruce has reported 2 open-market purchases worth $10K and 3 sales worth $1.6M on SEC Form 4. There have been no open-market trades in the last 12 months.

2 sales (60% of the value sold) were made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so they say little about how the insider sees the stock today.

Their filings also include grants and awards (10 filings), shares withheld for taxes (8 filings), option exercises (8 filings), shares returned to the company (1 filing). These aren't open-market trades and aren't counted above.

How to read insider trades

Officers, directors and owners of more than 10% of a company must report trades in its stock on SEC Form 4, usually within two business days. Purchases with their own money are the stronger signal: insiders sell for many reasons (taxes, diversification, a house), but buy for one. See every XRSC insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.