Insider Trends: Insider at Glatfelter Reports Option Conversion in Mist of 90-Day Buying Trend
02:39 PM EDT, 05/10/2021 (MT Newswires) -- Kevin Michael Fogarty, Director, on May 06, 2021, exercised options for 8,415 shares in Glatfelter (GLT) for $128,665. Fogarty, after the transactions disclosed in the SEC Form 4 filing, owns 50,522 shares of the company, which have a market value of $772,481 as of the prior-day closing price.
During the most recent 90-day period, prior to the date of this filing, there have been 18 insider transactions reported to the SEC for Glatfelter. These transactions came from the activities of 10 separate insiders that resulted in a net acquisition of 70,028 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 111.3 transactions per company, with company insiders acquiring on average 221,015 shares.
SEC Story Link http://www.sec.gov/Archives/edgar/data/41719/000112760221016014/xslF345X03/form4.xml
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