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Insider Trends: Homestreet Insider Converts/Exercises Derivative Security, Sells for Taxes and Self, Buying Trend Remains Intact

· 02/04/2021 15:16

08:01 PM EST, 02/04/2021 (MT Newswires) -- On Feb 02, 2021, EVP - General Counsel, Godfrey B Evans, exercised options/derivative securities for 48,432 shares. A portion of these optioned shares (17,945 shares) were sold for tax obligations and an additional 31,945 shares were sold for $1,224,592. After the Form 4 filing with the SEC, Evans has 63,061 shares of company stock, with a market value, based on the prior-day closing price, of $2.42 million.

During the most recent 90-day period, previous to the date of this filing, there have been 18 insider transactions reported to the SEC for Homestreet. These transactions came from the activities of 10 separate insiders that resulted in a net acquisition of 17,065 company shares. Relative to the preceding 90-day window of time, there were 14 transactions from 9 insiders that resulted in the net acquisition of 43,656 shares.

This level of insider transactions is lower than the peer group average in the 394-company Banks peer group over the last 90-day period. Activity in the peer group averaged 97.0 transactions per company, with company insiders acquiring on average 7,235 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1518715/000151871521000052/xslF345X03/wf-form4_161248676280433.xml

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