Reported on May 7pokerguide, according to the US Securities and Exchange Commission (SEC) disclosure on May 6pokerguidedocument,$Cordelen Mining (CDEpokerguide.US)$Watkinson Kenneth J was sold at an average price per share of 4 on May 3pokerguide44,000 common shares were sold for $.855, valued at approximately $213,600.
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.