Engemoen Investments LLC insider trades: Penson Worldwide (PNSN) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Engemoen Investments LLC reports to the SEC
Open-market buys and sales
9 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Dec 8, 2009 | PNSN | ↓ Sell | 120,000 | $9.32 | $1.1M | By Engemoen Family Partnership Ltd. | Dec 9, 2009 (1d) |
| May 18, 2007 | PNSN | ↓ Sell10b5-1 | 11,250 | $26.36 | $297K | By Engemoen Family Partnership Ltd. | May 21, 2007 (3d) |
| Apr 18, 2007 | PNSN | ↓ Sell10b5-1 | 11,250 | $32.74 | $368K | By Engemoen Family Partnership Ltd. | Apr 19, 2007 (1d) |
| Mar 19, 2007 | PNSN | ↓ Sell10b5-1 | 11,250 | $27.61 | $311K | By Engemoen Family Partnership Ltd. | Mar 20, 2007 (1d) |
| Feb 20, 2007 | PNSN | ↓ Sell10b5-1 | 11,250 | $29.94 | $337K | By Engemoen Family Partnership Ltd. | Feb 20, 2007 (0d) |
| Jan 18, 2007 | PNSN | ↓ Sell10b5-1 | 11,250 | $26.87 | $302K | By Engemoen Family Partnership Ltd. | Jan 19, 2007 (1d) |
| Dec 19, 2006 | PNSN | ↓ Sell10b5-1 | 11,250 | $23.30 | $262K | By Engemoen Family Partnership Ltd. | Dec 20, 2006 (1d) |
| May 24, 2006 | PNSN | ↓ Sell | 49,599 | $17.00 | $843K | By Engemoen Family Partnership Ltd. | May 26, 2006 (2d) |
| May 17, 2006 | PNSN | ↓ Sell | 330,663 | $17.00 | $5.6M | By Engemoen Family Partnership Ltd. | May 18, 2006 (1d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Engemoen Investments LLC's insider trades
Engemoen Investments LLC is a 10% owner of Penson Worldwide (PNSN). Since May 17, 2006, it has reported no open-market purchases and 9 sales worth $9.5M on SEC Form 4. There have been no open-market trades in the last 12 months.
6 sales (20% 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.
Its filings also include shares withheld for taxes (5 filings), grants and awards (3 filings), gifts (2 filings). 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 PNSN insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.