Stephen F Groth insider trades: Pacific Asia Petroleum (PAP) stock sales
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Stephen reports to the SEC
Open-market buys and sales
6 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Apr 5, 2010 | PAP | ↓ Sell10b5-1 | 10,000 | $4.22 | $42K | By Spouse | Apr 7, 2010 (2d) |
| Mar 29, 2010 | PAP | ↓ Sell10b5-1 | 2,700 | $3.90 | $11K | By Spouse | Mar 30, 2010 (1d) |
| Mar 23, 2010 | PAP | ↓ Sell10b5-1 | 4,800 | $3.90 | $19K | By Spouse | Mar 24, 2010 (1d) |
| Mar 22, 2010 | PAP | ↓ Sell10b5-1 | 62,000 | $3.71 | $230K | Direct | Mar 24, 2010 (2d) |
| Dec 17, 2009 | PAP | ↓ Sell10b5-1 | 1,600 | $4.75 | $8K | Direct | Dec 18, 2009 (1d) |
| Aug 18, 2009 | PFAP.OB | ↓ Sell | 10,000 | $2.23 | $22K | Direct | Aug 18, 2009 (0d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Stephen F Groth's insider trades
Stephen F Groth is CFO, VP at Pacific Asia Petroleum (PAP). Since Aug 18, 2009, Stephen has reported no open-market purchases and 6 sales worth $331K on SEC Form 4. There have been no open-market trades in the last 12 months.
5 sales (93% 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 gifts (7 filings), grants and awards (4 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 PAP insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.