Reported on May 21, according to the US Securities and Exchange Commission (SEC) disclosure on May 21Tiger'sRichesRumble$Gentek (GNTX.US)$director GOODE GARY F sold on May 20 at an average price per share of $34.4578.Tiger'sRichesRumble, 716 common shares with a value of approximately US$162,500.
This transaction involves another related party: ANDERSON JOSEPH B JR.
Photo source: SEC official website
What is a shareholding change statement?
The SEC requires insiders of listed companies to publicly disclose their securities transactions and shareholdings. When an insider's shareholding changes, depending on different circumstances, a shareholding change statement needs to be submitted to the SEC within a certain period of time after the transaction ends.
Insiders include company directors and executives, as well as any shareholder who owns 10% or more of the company's outstanding shares.