A Form 4 is filed within two business days of a company insider — an officer, a director, or a holder of more than ten percent of the stock — changing their position in the shares. All 5 filings in this group are Form 4s for SuperCom Ltd.
The difficulty with reading these filings as a group is that a single form type covers transactions that mean entirely different things. An executive spending their own money to buy stock and an executive having shares withheld to pay tax on a vesting grant both appear as a Form 4. Every filing below is therefore tagged with the nature of the underlying transaction, taken from the transaction code reported on the form itself.
Across the 5 insider filings shown, the breakdown is 5 open-market purchase. 5 of them involved a discretionary open-market trade; the rest are compensation and administrative mechanics.
Form 4
Open-market purchase
Insider Buying
2006-03-31
SPCB insider MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner) bought 6,500 shares (~$4.9K)
MARXE AUSTIN W & GREENHOUSE DAVID M, listed as 10% Owner at SuperCom Ltd, reported an open-market purchase of 6,500 SPCB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
6,500 |
$0.75 |
$4.9K |
Filing: Form 4 (Insider Transaction)
Insider: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)
Shares: 6,500
Est. Value: $4.9K
Form 4
Open-market purchase
Insider Buying
2006-02-03
SPCB insider MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner) bought 107,800 shares (~$107.2K)
MARXE AUSTIN W & GREENHOUSE DAVID M, listed as 10% Owner at SuperCom Ltd, reported an open-market purchase of 107,800 SPCB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
61,000 |
$0.99 |
$60.4K |
P |
Open-market purchase
|
46,800 |
$1.00 |
$46.8K |
Filing: Form 4 (Insider Transaction)
Insider: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)
Shares: 107,800
Est. Value: $107.2K
Form 4
Open-market purchase
Insider Buying
2006-01-27
SPCB insider MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner) bought 145,500 shares (~$130.6K)
MARXE AUSTIN W & GREENHOUSE DAVID M, listed as 10% Owner at SuperCom Ltd, reported an open-market purchase of 145,500 SPCB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
145,500 |
$0.90 |
$130.6K |
Filing: Form 4 (Insider Transaction)
Insider: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)
Shares: 145,500
Est. Value: $130.6K
Form 4
Open-market purchase
Insider Buying
2006-01-24
SPCB insider MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner) bought 14,000 shares (~$10.2K)
MARXE AUSTIN W & GREENHOUSE DAVID M, listed as 10% Owner at SuperCom Ltd, reported an open-market purchase of 14,000 SPCB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
14,000 |
$0.73 |
$10.2K |
Filing: Form 4 (Insider Transaction)
Insider: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)
Shares: 14,000
Est. Value: $10.2K
Form 4
Open-market purchase
Insider Buying
2006-01-12
SPCB insider MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner) bought 2,500 shares (~$1.8K)
MARXE AUSTIN W & GREENHOUSE DAVID M, listed as 10% Owner at SuperCom Ltd, reported an open-market purchase of 2,500 SPCB shares in a Form 4 filing. Insider buying is often treated as a bullish signal because company insiders are committing their own capital.
The insider bought shares on the open market with their own money. This is the only Form 4 category that requires a discretionary cash outlay at the prevailing price.
Transactions reported on this filing
| Code |
Nature |
Shares |
Price |
Value |
P |
Open-market purchase
|
2,500 |
$0.71 |
$1.8K |
Filing: Form 4 (Insider Transaction)
Insider: MARXE AUSTIN W & GREENHOUSE DAVID M (10% Owner)
Shares: 2,500
Est. Value: $1.8K