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Insider Trends: Selling By Insiders Lingers at Regency Centers

05/10/2021 05:08

09:02 AM EDT, 05/10/2021 (MT Newswires) -- James D Thompson, EVP and COO, reported a sale of 7,500 shares in Regency Centers (REG) on May 07, 2021, for $495,000. Following the Form 4 filing with the SEC, Thompson has control over 39,577 company shares of which 26,584 shares are held directly and 12,993 are controlled indirectly. These holdings have an approximate market value of $2.59 million as of the prior-day closing price.

Over the last 90 days, previous to the date of this filing, there have been 32 insider transactions reported to the SEC for Regency Centers. These transactions came from the activities of 11 individual insiders that resulted in a net disposition of 109,008 company shares. In the preceding 90-day window of time, there were 9 transactions from 8 insiders and resulted in the net disposition of 106,717 shares.

This is less than the average level of insider transactions in the 32-company Retail REITs peer group over the last 90-day period. Activity in the peer group averaged 94.1 transactions per company, with company insiders acquiring on average 9,176,173 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/910606/000156761921009364/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.