Joseph Kent Siino insider trades: Pendrell (PCO) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Joseph reports to the SEC
Open-market buys and sales
15 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Dec 10, 2013 | PCO | ↓ Sell10b5-1 | 25,000 | $1.85 | $46K | Direct | Dec 11, 2013 (1d) |
| Dec 9, 2013 | PCO | ↓ Sell10b5-1 | 75,000 | $1.96 | $147K | Direct | Dec 9, 2013 (0d) |
| Dec 4, 2013 | PCO | ↓ Sell10b5-1 | 75,000 | $2.05 | $154K | Direct | Dec 4, 2013 (0d) |
| Oct 8, 2013 | PCO | ↓ Sell10b5-1 | 46,500 | $2.04 | $95K | Direct | Oct 9, 2013 (1d) |
| Jul 9, 2013 | PCO | ↓ Sell10b5-1 | 46,500 | $2.60 | $121K | Direct | Jul 9, 2013 (0d) |
| Jun 19, 2013 | PCO | ↓ Sell10b5-1 | 33,200 | $2.67 | $89K | Direct | Jun 19, 2013 (0d) |
| Jun 17, 2013 | PCO | ↓ Sell10b5-1 | 75,000 | $2.65 | $199K | Direct | Jun 17, 2013 (0d) |
| Jun 12, 2013 | PCO | ↓ Sell10b5-1 | 75,000 | $2.64 | $198K | Direct | Jun 12, 2013 (0d) |
| Apr 8, 2013 | PCO | ↓ Sell10b5-1 | 46,500 | $1.55 | $72K | Direct | Apr 9, 2013 (1d) |
| Jan 9, 2013 | PCO | ↓ Sell10b5-1 | 46,500 | $1.28 | $59K | Direct | Jan 10, 2013 (1d) |
| Oct 8, 2012 | PCO | ↓ Sell10b5-1 | 46,500 | $1.15 | $54K | Direct | Oct 9, 2012 (1d) |
| Jul 10, 2012 | PCO | ↓ Sell10b5-1 | 46,500 | $1.04 | $48K | Direct | Jul 11, 2012 (1d) |
| Apr 10, 2012 | PCO | ↓ Sell10b5-1 | 46,500 | $2.52 | $117K | Direct | Apr 10, 2012 (0d) |
| Jan 10, 2012 | PCO | ↓ Sell10b5-1 | 46,500 | $2.59 | $120K | Direct | Jan 11, 2012 (1d) |
| Jun 17, 2011 | ICOG | ↓ Sell | 1,860,000 | $2.81 | $5.2M | Direct | Jun 21, 2011 (4d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Joseph Kent Siino's insider trades
Joseph Kent Siino is Chief IP Officer at Pendrell (PCO). Since Jun 17, 2011, Joseph has reported no open-market purchases and 15 sales worth $6.7M on SEC Form 4. There have been no open-market trades in the last 12 months.
14 sales (23% 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 shares withheld for taxes (3 filings), option exercises (2 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 PCO insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.