Insider Trends: Glatfelter Insider Reports Option Conversion Extending 90-Day Buying Trend
02:28 PM EDT, 05/10/2021 (MT Newswires) -- Kathleen Dahlberg, Director, on May 06, 2021, exercised options for 8,415 shares in Glatfelter (GLT) for $128,665. Subsequent to the Form 4 filing with the SEC, Dahlberg has 83,220 company shares, with a market value, based on the prior-day closing price, of $1.27 million.
During the most recent 90-day period, prior to the date of this filing, there have been 16 insider transactions reported to the SEC for Glatfelter. These transactions came from the activities of 8 different insiders that resulted in a net acquisition of 51,584 company shares. In the preceding 90-day window of time, there are no insider transactions for the company.
This is a lower level of transactions than the peer group average in the 6-company Paper Mills & Products peer group over the last 90-day period. Peer group activity averaged 111.0 transactions per company, with company insiders acquiring on average 220,503 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/41719/000112760221016007/xslF345X03/form4.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.