Burton E Sobel insider trades: New River Pharmaceuticals (NRPH) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Burton reports to the SEC





Open-market buys and sales
12 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Jan 19, 2007 | NRPH | ↓ Sell | 5,000 | $56.10 | $281K | Direct | Jan 22, 2007 (3d) |
| Jan 3, 2007 | NRPH | ↓ Sell | 2,500 | $54.83 | $137K | Direct | Jan 3, 2007 (0d) |
| Dec 1, 2006 | NRPH | ↓ Sell | 7,500 | $49.01 | $368K | Direct | Dec 5, 2006 (4d) |
| Nov 10, 2006 | NUVO | ↓ Sell | 12,500 | $18.17 | $227K | Direct | Nov 13, 2006 (3d) |
| Aug 10, 2006 | NUVO | ↓ Sell | 12,500 | $16.00 | $200K | Direct | Aug 14, 2006 (4d) |
| May 26, 2006 | NUVO | ↓ Sell | 12,500 | $15.59 | $195K | Direct | Jun 9, 2006 (14d) |
| May 18, 2006 | NRPH | ↓ Sell | 20,000 | $29.21 | $584K | Direct | May 19, 2006 (1d) |
| Mar 20, 2006 | NRPH | ↓ Sell | 20,000 | $30.86 | $617K | Direct | Mar 22, 2006 (2d) |
| Jan 18, 2006 | ARIA | ↓ Sell10b5-1 | 4,147 | $6.50 | $27K | Direct | Jan 20, 2006 (2d) |
| Jan 9, 2006 | ARIA | ↓ Sell10b5-1 | 5,853 | $6.50 | $38K | Direct | Jan 11, 2006 (2d) |
| Nov 22, 2005 | NRPH | ↓ Sell | 5,000 | $51.34 | $257K | Direct | Nov 22, 2005 (0d) |
| Aug 19, 2005 | NRPH | ↓ Sell | 5,000 | $36.95 | $185K | Direct | Aug 23, 2005 (4d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Burton E Sobel's insider trades
Burton E Sobel is a director at New River Pharmaceuticals (NRPH). Since Aug 19, 2005, Burton has reported no open-market purchases and 12 sales worth $3.1M on SEC Form 4. There have been no open-market trades in the last 12 months.
2 sales (2% 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 (20 filings), option exercises (10 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 NRPH insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.