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Insider Trends: Consol Energy Insider Gets Shares Award Makes Tax Sale with Portion, Interrupting 90-Day Buy Trend

· 02/05/2021 12:14

05:04 PM EST, 02/05/2021 (MT Newswires) -- On Feb 03, 2021, James A Brock, Director and CEO, awarded 90,070 shares in Consol Energy (CEIX) and sold 41,298 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 48,772 company shares. Brock has control over 464,651 company shares of which 460,911 shares are controlled directly and 3,740 shares indirectly following the transactions described in the Form 4 SEC filing. These holdings have an approximate market value of $4.30 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 30 insider transactions reported to the SEC for Consol Energy. These transactions came from the activities of 12 individual insiders that resulted in a net acquisition of 828,869 company shares. Relative to the preceding 90-day window of time, there were 10 transactions from 8 insiders which resulted in the net acquisition of 127,423 shares.

This is less than the average level of insider transactions in the 24-company Coal peer group over the last 90-day period. Activity in the peer group averaged 64.3 transactions per company, and disposition of 660,365 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1710366/000089924321005055/xslF345X03/doc4.xml

This report does not constitute a recommendation to purchase or sell any security and the analysts are not registered investment advisors. Further analysis is recommended before undertaking any position in any security. Any risks are solely the responsibility of the buyer/seller. The authors, publishers and distributors of the MT Newswires Live Briefs service and any associates thereof accept no liability for the content or actions taken by anyone or institution utilizing this report.