Herbert Bayer insider trades: Cubic Energy (QBC) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Herbert reports to the SEC
Open-market buys and sales
11 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Apr 11, 2011 | QBC | ↓ Sell | 30,000 | $0.64 | $19K | JTWROS w/ Spouse | Apr 19, 2011 (8d) |
| Apr 1, 2011 | QBC | ↓ Sell | 41,226 | $0.72 | $30K | JTWROS w/ Spouse | Apr 5, 2011 (4d) |
| Feb 9, 2011 | QBC | ↓ Sell | 15,000 | $0.86 | $13K | JTWROS w/ Spouse | Feb 9, 2011 (0d) |
| Dec 16, 2010 | QBC | ↓ Sell | 10,000 | $0.83 | $8K | JTWROS w/ Spouse | Dec 17, 2010 (1d) |
| Dec 8, 2010 | QBC | ↓ Sell | 20,000 | $0.68 | $14K | JTWROS w/ Spouse | Dec 10, 2010 (2d) |
| Aug 13, 2010 | QBC | ↓ Sell | 25,000 | $0.93 | $23K | JT WROS w/ Spouse | Aug 16, 2010 (3d) |
| Apr 7, 2010 | QBC | ↓ Sell | 50,000 | $1.10 | $55K | JTWROS With Spouse | Apr 8, 2010 (1d) |
| Jan 13, 2010 | QBC | ↓ Sell | 20,000 | $1.32 | $26K | JT WROS With Spouse | Jan 14, 2010 (1d) |
| Jun 11, 2009 | QBC | ↓ Sell10b5-1 | 20,000 | $1.51 | $30K | Direct | Jun 12, 2009 (1d) |
| Mar 16, 2009 | QBC | ↓ Sell10b5-1 | 20,000 | $1.26 | $25K | Direct | Mar 16, 2009 (0d) |
| Jun 18, 2008 | QBIK | ↓ Sell10b5-1 | 20,000 | $4.00 | $80K | Direct | Jun 18, 2008 (0d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Herbert Bayer's insider trades
Herbert Bayer is a director at Cubic Energy (QBC). Since Jun 18, 2008, Herbert has reported no open-market purchases and 11 sales worth $324K on SEC Form 4. There have been no open-market trades in the last 12 months.
3 sales (42% 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 other transactions (4 filings), grants and awards (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 QBC insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.