Michael A Cavataio insider trades: Ceres Group (CERG) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Michael reports to the SEC
Open-market buys and sales
7 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Sep 15, 2005 | CERG | ↓ Sell | 5,800 | $5.96 | $35K | Direct | Sep 16, 2005 (1d) |
| Sep 12, 2005 | CERG | ↓ Sell | 2,452 | $6.20 | $15K | Direct | Sep 14, 2005 (2d) |
| Sep 6, 2005 | CERG | ↓ Sell | 2,483 | $6.40 | $16K | Direct | Sep 8, 2005 (2d) |
| Sep 2, 2005 | CERG | ↓ Sell10b5-1 | 26,085 | $6.30 | $164K | Direct | Sep 6, 2005 (4d) |
| Jul 18, 2005 | CERG | ↓ Sell | 10,000 | $6.16 | $62K | Direct | Jul 19, 2005 (1d) |
| Jun 17, 2005 | CERG | ↓ Sell | 10,000 | $6.00 | $60K | Direct | Jun 21, 2005 (4d) |
| Jun 15, 2005 | CERG | ↓ Sell | 32,839 | $5.99 | $197K | Direct | Jun 17, 2005 (2d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Michael A Cavataio's insider trades
Michael A Cavataio is a director at Ceres Group (CERG). Since Jun 15, 2005, Michael has reported no open-market purchases and 7 sales worth $548K on SEC Form 4. There have been no open-market trades in the last 12 months.
1 sale (30% of the value sold) was made under a Rule 10b5-1 trading plan, which is set up months in advance and runs on a schedule, so it says little about how the insider sees the stock today.
Their filings also include grants and awards (5 filings), option exercises (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 CERG insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.
