Compras y ventas de directivos de Ventas (VTR)
Qué compran y venden los consejeros y directivos del S&P 500 en sus propias empresas, tal cual lo presentan en los Formularios 4 de la SEC (2 días hábiles de plazo): cada fila con su código oficial y sin filtrar nada.
Las compras en mercado abierto (código P) son la señal rara, en verde; las ventas (código S) son frecuentes y muchas van programadas (10b5-1). La tabla II (derivados) no se incluye: sus precios son de ejercicio, no de mercado. Guía: compras de directivos.
| Fecha | Ticker | Directivo | Cargo | Acciones | Precio | Importe | % posición | Tipo / documento |
|---|
Descargar estas transacciones en CSV Sin cuenta y sin registro. Los datos son públicos: salen de los Formularios 4 de la SEC.
Compras y ventas de directivos de Ventas, Inc. (VTR): 1 compra y 26 ventas
139 transacciones de la tabla I del Formulario 4 declaradas ante la SEC por directivos de Ventas, Inc. entre el 2025-09-04 y el 2026-10-15 (histórico de 15 meses): 1 compra y 26 ventas en mercado abierto, y 112 transacciones con otros códigos del Formulario 4, desglosados uno a uno más abajo. La mayor operación en mercado abierto es una venta de $23,6M de Cafaro Debra A el 2025-10-30.
Compras y ventas de directivos de Ventas en los últimos 12 meses
Entre el 21 oct 2025 y el 20 oct 2026, los directivos de Ventas declararon 1 compra por $197k y 20 ventas por $42,7M en mercado abierto. El saldo neto es vendedor: salen $42,5M más de los que entran.
Quien más compró fue Embler Michael J (Consejero): $197k en 1 compra, el único comprador. Quien más vendió fue Cafaro Debra A (Chairman and CEO): $33,9M en 10 ventas, de 5 vendedores distintos.
La mayor operación del período fue una venta de $23,6M el 30 oct 2025, de Cafaro Debra A (Chairman and CEO), dentro de un plan 10b5-1. Formulario 4 en sec.gov (0001215188-25-000008).
De las 20 ventas, 19 (el 95%, $39,7M) llevan en el Formulario 4 la marca de plan 10b5-1, es decir, se programaron con meses de antelación; la otra no la lleva.
En los tres últimos meses hay 0 compras y 0 ventas, frente a 1 y 1 en los tres anteriores. La última compra es del 3 jun 2026; la última venta, del 14 may 2026.
Frente a su sector (Inmobiliario, 30 empresas con página de directivos en esta web), en las mismas fechas la mediana es de 3,5 ventas y 0 compras en mercado abierto. Ventas tiene más ventas que 27 de las otras 29, es la 3.ª de 30 por dinero neto vendido, y 10 de las 30 tienen al menos una compra, Ventas incluida.
Las 20 operaciones más importantes
Primero la única compra en mercado abierto y después el resto, cada tipo de mayor a menor importe. El histórico completo está en la herramienta de arriba, ya buscado.
Ver las 139 operaciones de VTR en el histórico completo →
| Operación | Declarada | Directivo | Cargo | Importe | Código | Documento |
|---|---|---|---|---|---|---|
| 2026-06-03 | 2026-06-05 | Embler Michael J | Consejero | $197k | P — Compra en mercado abierto | SEC |
| 2025-10-30 | 2025-11-03 | Cafaro Debra A | Chairman and CEO | $23,6M | S — Venta en mercado abierto (programada 10b5-1)8 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 7 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $74.00 to $74.66, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 The transaction involved the exercise of fully vested options scheduled to expire in the next 10 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F4 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $73.87 to $74.68, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F5 The transaction involved the exercise of fully vested options scheduled to expire in the next 13 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F6 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $72.05 to $74.71, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F7 The transaction involved the exercise of fully vested options scheduled to expire in the next 15 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F8 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $74.00 to $74.68, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-10-20 | 2025-10-22 | Cafaro Debra A | Chairman and CEO | $15,7M | S — Venta en mercado abierto (programada 10b5-1)3 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 15 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $71.00 to $71.50, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F3 The transaction involved the exercise of fully vested options scheduled to expire in the next 7 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. | SEC |
| 2025-11-17 | 2025-11-19 | Cafaro Debra A | Chairman and CEO | $3,3M | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 9 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $79.00 to $79.1703, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-02-11 | 2026-02-13 | Roberts Carey S. | EVP and GC | $3,0M | S — Venta en mercado abiertoNota del Formulario 4 (texto original de la SEC, en inglés)F1 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $84.99 to $85.091, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-11-12 | 2025-11-14 | Probst Robert F | EVP and CFO | $2,6M | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 9 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 19, 2025. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $76.71 to $76.9376 inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-01-02 | 2026-01-06 | Probst Robert F | EVP and CFO | $2,3M | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 Transaction is pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 19, 2025. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $76.73 to $77.66 inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-11-03 | 2025-11-03 | Cafaro Debra A | Chairman and CEO | $1,5M | S — Venta en mercado abierto (programada 10b5-1)4 notas del Formulario 4 (texto original de la SEC, en inglés)F3 The transaction involved the exercise of fully vested options scheduled to expire in the next 10 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F9 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $73.86 to $74.1829, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. F5 The transaction involved the exercise of fully vested options scheduled to expire in the next 13 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F10 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $72.86 to $74.17, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-11-05 | 2025-11-06 | Cafaro Debra A | Chairman and CEO | $1,4M | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 12 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F3 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $75.00 to $75.61, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-11-04 | 2025-11-06 | Cafaro Debra A | Chairman and CEO | $859k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 12 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $75.00 to $75.15, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-02-06 | 2026-02-10 | Cafaro Debra A | Chairman and CEO | $849k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 6 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $82.00 to $82.76, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-12-01 | 2025-12-03 | Cafaro Debra A | Chairman and CEO | $831k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 9 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $80.13 to $80.81, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-02-02 | 2026-02-03 | Cafaro Debra A | Chairman and CEO | $802k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F5 The transaction involved the exercise of fully vested options scheduled to expire in the next 7 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F6 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $77.18 to $78.4251, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2026-01-02 | 2026-01-06 | Cafaro Debra A | Chairman and CEO | $797k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 8 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $76.7835 to $77.66, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-10-01 | 2025-10-02 | Cafaro Debra A | Chairman and CEO | $725k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 8 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $69.8327 to $70.472, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-09-02 | 2025-09-04 | Cafaro Debra A | Chairman and CEO | $700k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 The transaction involved the exercise of fully vested options scheduled to expire in the next 9 months and the sale of the underlying shares net of the exercise price and taxes, all pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on March 28, 2024. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $67.4096 to $68.12, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-11-04 | 2025-11-06 | Bulgarelli Peter J. | EVP OM&R-Ventas/Pres&CEO-LHS | $294k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 Transaction is pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 20, 2025. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $74.99 to $75.11, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-11-18 | 2025-11-20 | Bulgarelli Peter J. | EVP OM&R-Ventas/Pres&CEO-LHS | $222k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 Transaction is pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 20, 2025. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $79.99 to $80.20, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-10-01 | 2025-10-02 | Bulgarelli Peter J. | EVP OM&R-Ventas/Pres&CEO-LHS | $179k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 Transaction is pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 20, 2025. F2 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $69.9931 to $70.4706, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
| 2025-11-19 | 2025-11-20 | Bulgarelli Peter J. | EVP OM&R-Ventas/Pres&CEO-LHS | $179k | S — Venta en mercado abierto (programada 10b5-1)2 notas del Formulario 4 (texto original de la SEC, en inglés)F1 Transaction is pursuant to a Rule 10b5-1 trading plan entered into by the Reporting Person on February 20, 2025. F3 The price reported is a weighted average price. These shares were sold by the Reporting Person in multiple transactions at prices ranging from $79.99 to $80.2441, inclusive. The Reporting Person undertakes to provide Issuer, any security holder of Issuer or the staff of the SEC, upon request, full information regarding the number of shares sold at each separate price within the range set forth in this footnote. | SEC |
El saldo del período: cuánto dinero entra y cuánto sale
En los Formularios 4 presentados entre el 4 sept 2025 y el 15 oct 2026, el mercado abierto de Ventas, Inc. suma 1 compra por $197k y 26 ventas por $60,2M. El saldo es de $60,0M a favor de las ventas.
Solo cuentan los códigos P y S, donde el directivo pone o saca su propio dinero. Que el saldo de Ventas, Inc. salga vendedor es lo habitual en el S&P 500, donde buena parte del sueldo se cobra en acciones. No es una recomendación de comprar ni de vender: es lo que se declaró.
Todas las transacciones, código por código
| Código | Qué significa | Operaciones | Importe declarado |
|---|---|---|---|
| A | Adjudicación o premio de acciones | 82 | $15,1M |
| S | Venta en mercado abierto | 26 | $60,2M |
| F | Retención fiscal (acciones entregadas por impuestos) | 16 | $18,4M |
| M | Ejercicio de opciones | 14 | $47,3M |
| P | Compra en mercado abierto | 1 | $197k |
| Total | Todo lo declarado en el período | 139 | $141,2M |
Las 139 filas traen importe: la columna suma lo declarado, sin estimaciones. Las etiquetas son las del índice de códigos de la SEC.
Quién ha operado
En los 15 meses del histórico han declarado operaciones de Ventas, Inc. 18 personas o entidades distintas. De ellas, 1 compró en mercado abierto y 5 vendieron. Se cuentan por su CIK, el número fijo que la SEC da a cada declarante, y no por el nombre, que cada uno escribe a su manera.
| Declarante | Cargo | Transacciones | Comprado (nº) | Vendido (nº) | Última declarada |
|---|---|---|---|---|---|
| Cafaro Debra A | Chairman and CEO | 30 | — | $51,0M (13) | 2026-02-13 |
| Probst Robert F | EVP and CFO | 7 | — | $4,9M (2) | 2026-02-13 |
| Roberts Carey S. | EVP and GC | 5 | — | $3,0M (1) | 2026-02-13 |
| Bulgarelli Peter J. | EVP OM&R-Ventas/Pres&CEO-LHS | 14 | — | $1,1M (9) | 2026-05-05 |
| Embler Michael J | Consejero | 7 | $197k (1) | — | 2026-10-15 |
| Rakowich Walter C | Consejero | 2 | — | $104k (1) | 2026-05-15 |
| Martino Roxanne M | Consejero | 13 | — | — | 2026-10-15 |
| Smith Maurice S | Consejero | 13 | — | — | 2026-10-15 |
Se enseñan los 8 que más dinero movieron, de 18. Los demás están en el histórico completo, que se abre con el enlace de arriba. El nombre lleva a todas sus operaciones, en cualquier empresa. «Transacciones» cuenta cualquier código; el dinero, solo mercado abierto. Cargo: el de su última declaración.
Mes a mes
Por el mes en que se operó, no en el que se presentó el formulario; los meses sin operaciones van a cero. El mes con más movimiento fue nov 2025: 0 compras y 12 ventas, por $10,5M. 7 de los 15 meses no tienen ninguna.
| Mes | Compras | Importe | Ventas | Importe |
|---|---|---|---|---|
| ago 2025 | 0 | $0 | 0 | $0 |
| sept 2025 | 0 | $0 | 3 | $871k |
| oct 2025 | 0 | $0 | 4 | $40,1M |
| nov 2025 | 0 | $0 | 12 | $10,5M |
| dic 2025 | 0 | $0 | 1 | $831k |
| ene 2026 | 0 | $0 | 2 | $3,1M |
| feb 2026 | 0 | $0 | 3 | $4,7M |
| mar 2026 | 0 | $0 | 0 | $0 |
| abr 2026 | 0 | $0 | 0 | $0 |
| may 2026 | 0 | $0 | 1 | $104k |
| jun 2026 | 1 | $197k | 0 | $0 |
| jul 2026 | 0 | $0 | 0 | $0 |
| ago 2026 | 0 | $0 | 0 | $0 |
| sept 2026 | 0 | $0 | 0 | $0 |
| oct 2026 | 0 | $0 | 0 | $0 |
El último mes puede ir incompleto: el Formulario 4 se presenta hasta dos días hábiles después. La tabla no dice si el patrón es bueno o malo; dice cuándo pasó.
Ficha de análisis de Ventas, Inc. (VTR) →
Otras empresas de Inmobiliario con operaciones de directivos
Están las 500 en el índice de la sección →
Qué directivos están comprando acciones de su propia empresa →
Cómo leer estos datos
18 de las 19 ventas de la tabla van marcadas como programadas (plan 10b5-1): se firman con meses de antelación y se ejecutan solas, así que no dicen lo que el directivo piensa hoy. La única compra en mercado abierto (código P) de Ventas es la señal rara: los directivos ya cobran en acciones, y comprar más es poner dinero propio. La última presentación es del 15 oct 2026, y el Formulario 4 llega hasta dos días hábiles después de operar.
19 de las 20 filas de la tabla llevan notas al pie del propio Formulario 4, plegadas en la columna del código y copiadas tal cual, en inglés; una fila sin nota es que el formulario no la trae.
Guía: Compras de directivos · todas las guías
Lo que hay detrás de estas operaciones
Los conceptos de esta página, explicados desde cero en la Academia. Gratis y sin cuenta.
- Qué dice y qué NO dice la hipótesis de eficienciaSi la compra de un directivo es pública y cualquiera puede leerla, ¿queda información dentro? Es la pregunta exacta que trae a esta página.
- Quién mueve realmente el mercado: los tipos de inversoresQuién hay al otro lado de cada orden, y qué sitio ocupan entre ellos los directivos de la propia empresa.
- Oferta, demanda y el precio: por qué sube y baja constantementeCómo acaba una noticia metida en el precio, y por qué la reacción a una venta declarada rara vez es la que uno esperaría.
Fuente: SEC EDGAR Formulario 4. Esto es una lista de hechos públicos, no asesoramiento financiero ni una recomendación de compra o venta.