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Insider Trends: BankUnited Insider Extends 90-Day Selling Trend

05/07/2021 13:20

05:06 PM EDT, 05/07/2021 (MT Newswires) -- On May 06, 2021, Director, Douglas J Pauls, executed a sale of 3,000 shares in BankUnited (BKU) for $143,970. Pauls has control over 65,054 company shares of which 34,054 shares are controlled directly and 31,000 shares indirectly subsequent to the transactions detailed in the SEC Form 4 filing. These holdings have an approximate market value of $3.17 million as of the prior-day closing price.

During the most recent 90-day period, previous to the date of this filing, there have been 17 insider transactions reported to the SEC for BankUnited. These transactions came from the activities of 7 separate insiders that resulted in a net disposition of 13,428 company shares. In the preceding 90-day window of time, there were 11 transactions from 2 insiders and resulted in the net acquisition of 55,490 shares.

This is less than the average level of insider transactions in the 34-company Retail & Mortgage Banks peer group over the last 90-day period. Within the peer group activity averaged 95.2 transactions per company, with company insiders acquiring on average 71,440 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1504008/000120919121030969/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.