Michael Wallace Management, LLC insider trades: RSP Permian (RSPP) stock buys and sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Michael Wallace Management, LLC reports to the SEC
Open-market buys and sales
13 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Apr 18, 2018 | RSPP | ↓ Sell10b5-1 | 62,500 | $48.95 | $3.1M | See Note | Apr 20, 2018 (2d) |
| Mar 29, 2018 | RSPP | ↓ Sell10b5-1 | 62,500 | $46.81 | $2.9M | See Note | Apr 2, 2018 (4d) |
| Jan 22, 2018 | RSPP | ↓ Sell10b5-1 | 29,877 | $42.58 | $1.3M | See Note | Jan 24, 2018 (2d) |
| Jan 12, 2018 | RSPP | ↓ Sell10b5-1 | 32,623 | $42.52 | $1.4M | See Note | Jan 12, 2018 (0d) |
| Apr 12, 2016 | RSPP | ↓ Sell10b5-1 | 76,150 | $30.65 | $2.3M | See Note | Apr 14, 2016 (2d) |
| Apr 11, 2016 | RSPP | ↓ Sell10b5-1 | 152,677 | $29.61 | $4.5M | See Note | Apr 11, 2016 (0d) |
| Apr 4, 2016 | RSPP | ↓ Sell10b5-1 | 5,573 | $29.20 | $163K | See Note | Apr 6, 2016 (2d) |
| Mar 31, 2016 | RSPP | ↓ Sell10b5-1 | 6,000 | $29.23 | $175K | See Note | Apr 1, 2016 (1d) |
| Mar 22, 2016 | RSPP | ↓ Sell10b5-1 | 53,647 | $29.11 | $1.6M | See Note | Mar 22, 2016 (0d) |
| Mar 17, 2016 | RSPP | ↓ Sell10b5-1 | 205,953 | $29.04 | $6.0M | See Note | Mar 18, 2016 (1d) |
| Nov 24, 2015 | RSPP | ↓ Sell | 1,050,000 | $28.00 | $29.4M | See Note | Nov 27, 2015 (3d) |
| Jan 23, 2014 | RSPP | ↓ Sell | 215,500 | $18.38 | $4.0M | Indirect | Jan 27, 2014 (4d) |
| Jan 23, 2014 | RSPP | ↑ Buy | 800 | $19.50 | $16K | Indirect | Jan 27, 2014 (4d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Michael Wallace Management, LLC's insider trades
Michael Wallace Management, LLC is a 10% owner of RSP Permian (RSPP). Since Jan 23, 2014, it has reported 1 open-market purchase worth $16K and 12 sales worth $56.7M on SEC Form 4. There have been no open-market trades in the last 12 months.
10 sales (41% 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 returned to the company (1 filing), grants and awards (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 RSPP insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.