Overview
Insider buying was concentrated in financials, healthcare, and industrials, while selling was most notable in technology, transportation, and consumer discretionary sectors.
High Signal
CV — Shen Ching Hang (indirect — Star One Global Capital Limited) bought $5.00M (first recorded purchase). Substantial buy, increasing holdings by 43%.
TFC — President & CEO (Lyons Michael P.) bought $1.02M (first recorded purchase).
Notable Buys
KRMN — Multiple insiders accumulated shares in Karman Holdings Inc.:
- Stinnett David purchased $1.01M (first recorded purchase).
- Petryszyn Mary D bought $18.72K (first recorded purchase).
- Twitty Stephen bought $10.12K (first recorded purchase).
Stinnett David's buy is the largest among the group, and Petryszyn Mary D increased her stake by 21%. The group collectively added over $1.04M in shares.
- Stinnett David purchased $1.01M (first recorded purchase).
- Petryszyn Mary D bought $18.72K (first recorded purchase).
- Twitty Stephen bought $10.12K (first recorded purchase).
Stinnett David's buy is the largest among the group, and Petryszyn Mary D increased her stake by 21%. The group collectively added over $1.04M in shares.
LILA — John C Malone (indirect — By a Trust) purchased $757.76K (first recorded purchase). The shares were acquired through charitable remainder unitrusts.
BORR — Troim Tor Olav (indirect — By Drew Holdings Ltd.) bought $656.93K (first recorded purchase). The purchase was made through a trust in which the insider is the beneficiary.
Notable Sells
STNG — Multiple executives at Scorpio Tankers Inc. sold significant amounts:
- President (Robert L Bugbee) sold $22.16M across two filings.
- Chief Operating Officer (Mackey Cameron Keyser) sold $11.13M.
- Chief Financial Officer (Avella Christopher John) sold $4.89M.
- Secretary (Adelborg Auste) sold $613K (fully exited position).
The sales were made from equity incentive plan awards.
- President (Robert L Bugbee) sold $22.16M across two filings.
- Chief Operating Officer (Mackey Cameron Keyser) sold $11.13M.
- Chief Financial Officer (Avella Christopher John) sold $4.89M.
- Secretary (Adelborg Auste) sold $613K (fully exited position).
The sales were made from equity incentive plan awards.
BBY — Richard M Schulze (indirect — Family Foundation) sold $27.38M across two filings, fully exiting a large position.
ADBE — Chair and CEO (Shantanu Narayen) (indirect — by trust) sold $23.38M across four filings. The sales were primarily for tax and estate planning purposes.
DELL — Multiple entities affiliated with Silver Lake sold shares:
- L.P. Silver Lake Partners IV (indirect — Held through Silver Lake Partners IV, L.P.) sold $18.63M across three filings.
- L.p. Sl Spv-2 (indirect — Held through SL SPV-2, L.P.) sold $8.85M across two filings.
- L.P. Silver Lake Partners IV (indirect — Held through Silver Lake Partners IV, L.P.) sold $18.63M across three filings.
- L.p. Sl Spv-2 (indirect — Held through SL SPV-2, L.P.) sold $8.85M across two filings.
IHT — EVP & Secretary/Treasurer (Marc E Berg) sold $361.50M (first recorded sale), reducing holdings by 33%.
Patterns
- Insider buying was most concentrated in industrials and financials, with several first-time or largest-ever purchases.
- Technology sector saw heavy selling, particularly by trust and fund entities.
- Multiple insiders at Scorpio Tankers Inc. and Dell Technologies Inc. sold large blocks, indicating coordinated activity.
Close
Top buy tickers by $ value: CV $5.00M, TFC $1.02M, KRMN $1.04M.
Top sell tickers by $ value: IHT $361.50M, BBY $27.38M, STNG $38.60M.
EARNINGS AHEAD
IHT — estimated report ~Sep 22 (quarterly)
ADBE — estimated report ~Sep 25 (quarterly)