Michael H Lee insider trades: Tower Group International (TWGP) stock buys and 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
8 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Sep 18, 2013 | TWGP | ↓ Sell | 1,233,460 | $10.22 | $12.6M | Direct | Sep 20, 2013 (2d) |
| Mar 15, 2013 | TWGP | ↓ Sell | 57,000 | $17.64 | $1.0M | Direct | Mar 18, 2013 (3d) |
| Dec 8, 2010 | TWGP | ↓ Sell | 94,500 | $26.25 | $2.5M | Direct | Dec 9, 2010 (1d) |
| Sep 27, 2010 | TWGP | ↓ Sell | 46,488 | $22.80 | $1.1M | By Spouse | Sep 28, 2010 (1d) |
| Aug 26, 2010 | TWGP | ↓ Sell | 59 | $22.80 | $1K | By Spouse | Aug 27, 2010 (1d) |
| Aug 18, 2010 | TWGP | ↓ Sell | 37,153 | $22.89 | $850K | By Spouse | Aug 20, 2010 (2d) |
| Mar 28, 2007 | CPHL | ↑ Buy | 137,931 | $14.50 | $2.0M | By GRAT | Mar 30, 2007 (2d) |
| Mar 28, 2007 | CPHL | ↑ Buy | 6,207 | $14.50 | $90K | By wife | Mar 30, 2007 (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 H Lee's insider trades
Michael H Lee is Chairman, President & CEO at Tower Group International (TWGP). Since Mar 28, 2007, Michael has reported 2 open-market purchases worth $2.1M and 6 sales worth $18.0M on SEC Form 4. There have been no open-market trades in the last 12 months.
Their filings also include shares withheld for taxes (27 filings), grants and awards (20 filings), option exercises (5 filings), gifts (4 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 TWGP insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.