Spencer B Hays insider trades: tw telecom (TWTC) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Spencer 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 |
|---|---|---|---|---|---|---|---|
| Mar 24, 2014 | TWTC | ↓ Sell | 3,000 | $31.17 | $94K | Direct | Mar 26, 2014 (2d) |
| Oct 7, 2013 | TWTC | ↓ Sell | 45,000 | $30.24 | $1.4M | Direct | Oct 9, 2013 (2d) |
| Dec 5, 2012 | TWTC | ↓ Sell | 10,000 | $25.23 | $252K | Direct | Dec 7, 2012 (2d) |
| Jan 30, 2012 | TWTC | ↓ Sell | 3,300 | $20.12 | $66K | Direct | Feb 1, 2012 (2d) |
| Jan 25, 2012 | TWTC | ↓ Sell | 3,000 | $20.38 | $61K | Direct | Jan 27, 2012 (2d) |
| Jan 28, 2011 | TWTC | ↓ Sell | 6,300 | $16.79 | $106K | Direct | Jan 28, 2011 (0d) |
| Jan 28, 2010 | TWTC | ↓ Sell | 6,300 | $15.21 | $96K | Direct | Feb 1, 2010 (4d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Spencer B Hays's insider trades
Spencer B Hays is a director at tw telecom (TWTC). Since Jan 28, 2010, Spencer has reported no open-market purchases and 7 sales worth $2.0M on SEC Form 4. There have been no open-market trades in the last 12 months.
Their filings also include grants and awards (20 filings), option exercises (4 filings), shares returned to the company (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 TWTC insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.

