SPY425.10+2.50 0.59%
DIA341.98+3.20 0.94%
IXIC14,369.71+97.98 0.69%

Insider Trends: Insider at Tronox Holdings Awarded Shares Portion of Which is Sold for Taxes, Reducing 90-Day Buy Trend

05/07/2021 13:37

05:22 PM EDT, 05/07/2021 (MT Newswires) -- On May 05, 2021, Moazzam A Khan, Director, awarded 7,038 shares in Tronox Holdings (TROX) and sold 6,146 shares concurrently to meet tax obligations. After accounting for tax obligations this transaction resulted in a net acquisition of 892 company shares. After the Form 4 filing with the SEC, Khan owns 32,654 shares of company stock, with a market value, based on the prior-day closing price, of $770,961.

During the most recent 90-day period, previous to the date of this filing, there have been 30 insider transactions reported to the SEC for Tronox Holdings. These transactions came from the activities of 12 individual insiders that resulted in a net acquisition of 336,816 company shares. In the preceding 90-day window of time, there were 8 transactions from 6 insiders which resulted in the net acquisition of 221,416 shares.

This level of insider transactions is less than the peer group average in the 34-company Specialty Chemicals peer group over the last 90-day period. Peer group activity averaged 119.7 transactions per company, and disposition of 125,332 shares on average.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1530804/000156761921009342/xslF345X03/doc1.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.