Syed Zaidi insider trades: Neomagic (NMGC) stock purchases
Trades on the price chart
Daily close, with an arrow on each day they bought or sold
Companies
Where Syed reports to the SEC
Open-market buys and sales
2 trades reported on SEC Form 4, newest first
| Date | Stock | Type | Shares | Price | Value | Holding | Reported |
|---|---|---|---|---|---|---|---|
| Jan 16, 2012 | NMGC | ↑ Buy | 1,000,000 | $0.01 | $10K | Direct | Jan 17, 2012 (1d) |
| Oct 16, 2009 | NMGC | ↑ Buy | 1,523,254 | $0.03 | $46K | Direct | Oct 20, 2009 (4d) |
Each row is one filing's trades in one stock, summed. Shares and prices are as filed, before any later stock split.
About Syed Zaidi's insider trades
Syed Zaidi is President and CEO at Neomagic (NMGC). Since Oct 16, 2009, Syed has reported 2 open-market purchases worth $56K and no sales on SEC Form 4. There have been no open-market trades in the last 12 months.
Their filings also include grants and awards (7 filings), other transactions (2 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 NMGC insider trade, the latest insider trades across the market, or cluster buys, when several insiders buy the same stock within days.