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P

PSA

NYSE

Public Storage

Latest disclosureOctober 7, 2026
Insider score Why 0?
0/ 100
Qualifying buys · 30d
$0

0 purchases · 2 sales

Price by TradingViewDelayed quote from TradingView, for viewing only. It does not power Whale Atlas scores or alerts. If the quote does not load, open the TradingView link.

Insider transactions 52

Limited filing history
All52Buying0Selling2Other50
Filters

Last 30 daysNo qualifying insider buying. No qualifying insider sales.

52 trades · March 31, 2026 – October 6, 2026Incomplete history: this shows the filings imported so far, not every filing ever made. Dates are trade dates. Filters affect this table only.

Showing the first 6 of 52 trades on this page.

Award disclosed

Ronald P. Spogli

Director

Common Shares

Value context
$1.8K
Reported price
$285.85 / share
Traded October 6, 2026Filed October 7, 2026SEC filing
Award disclosed

Ronald L. Havner Jr

Director

Common Shares

Value context
$1.27K
Reported price
$285.85 / share
Traded October 6, 2026Filed October 7, 2026SEC filing
Award disclosed

Luke J. Petherbridge

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded September 30, 2026Filed October 2, 2026SEC filing
Award disclosed

Shankh Mitra

Director

Common Shares

Value context
$95.88K
Reported price
$282.84 / share
Traded September 30, 2026Filed October 2, 2026SEC filing
Award disclosed

Paul S. Williams

Director

Common Shares

Value context
$14.71K
Reported price
$282.84 / share
Traded September 30, 2026Filed October 2, 2026SEC filing
Award disclosed

Ronald P. Spogli

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded September 30, 2026Filed October 2, 2026SEC filing
Award disclosed

Ronald L. Havner Jr

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded October 2, 2026Filed October 2, 2026SEC filing
Award disclosed

Samuel Wade Sheek

Chief Legal Officer

LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded September 1, 2026Filed September 3, 2026SEC filing
Sale disclosed

Nathaniel A. Vitan

Chief Legal Officer

Common Shares

Reported value
$463.13K
Reported price
$327.5342 / share
Traded August 13, 2026Filed August 14, 2026SEC filing
Exercise or conversion

Natalia Johnson

CD&TO

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Not a separate purchase
Exercise / conversion price
$225.38 exercise / conversion price
Understand this price

This row records an option exercise or conversion. The derivative transaction price is separate from the exercise price; it is not the stock's market price. Its row value is not shown as another stock purchase.

Traded July 28, 2026Filed July 30, 2026SEC filing
Exercise or conversion

Natalia Johnson

CD&TO

LTIP Units

Derivative security · not the ordinary share price.

Value context
Not a separate purchase
Exercise / conversion price
Exercise / conversion price not reported
Understand this price

This row records an option exercise or conversion. The derivative transaction price is separate from the exercise price; it is not the stock's market price. Its row value is not shown as another stock purchase.

Traded July 28, 2026Filed July 30, 2026SEC filing
Exercise or conversion

Ronald L. Havner Jr

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Not a separate purchase
Exercise / conversion price
$219.07 exercise / conversion price
Understand this price

This row records an option exercise or conversion. The derivative transaction price is separate from the exercise price; it is not the stock's market price. Its row value is not shown as another stock purchase.

Traded July 29, 2026Filed July 30, 2026SEC filing
Exercise or conversion

Ronald L. Havner Jr

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Not a separate purchase
Exercise / conversion price
Exercise / conversion price not reported
Understand this price

This row records an option exercise or conversion. The derivative transaction price is separate from the exercise price; it is not the stock's market price. Its row value is not shown as another stock purchase.

Traded July 29, 2026Filed July 30, 2026SEC filing
Award disclosed

Luke J. Petherbridge

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded June 30, 2026Filed July 2, 2026SEC filing
Award disclosed

Shankh Mitra

Director

Common Shares

Value context
$97.08K
Reported price
$318.31 / share
Traded June 30, 2026Filed July 2, 2026SEC filing
Award disclosed

Paul S. Williams

Director

Common Shares

Value context
$14.64K
Reported price
$318.31 / share
Traded June 30, 2026Filed July 2, 2026SEC filing
Award disclosed

Ronald P. Spogli

Director

Common Shares

Value context
$1.78K
Reported price
$318.31 / share
Traded June 30, 2026Filed July 2, 2026SEC filing
Award disclosed

Ronald P. Spogli

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded June 30, 2026Filed July 2, 2026SEC filing
Award disclosed

Ronald L. Havner Jr

Director

Common Shares

Value context
$1.26K
Reported price
$318.31 / share
Traded June 30, 2026Filed July 2, 2026SEC filing
Award disclosed

Ronald L. Havner Jr

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded June 30, 2026Filed July 2, 2026SEC filing
Sale disclosed

Nathaniel A. Vitan

Chief Legal Officer

Common Shares

Reported value
$308.57K
Reported price
$324.8101 / share
Traded June 12, 2026Filed June 16, 2026SEC filing
Award disclosed

Shankh Mitra

Director

Stock Option (Right to Buy)

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Luke J. Petherbridge

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Paul S. Williams

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Ronald P. Spogli

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Tamara Hughes Gustavson

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Rebecca L. Owen

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Maria R. Hawthorne

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Avedick Baruyr Poladian

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Tariq M. Shaukat

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Ronald L. Havner Jr

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Award disclosed

Kristy Pipes

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Non-cash award
Reported price
Award · no purchase price
Understand this price

The filing reports a zero transaction price for this award. It does not mean the awarded securities have no market value.

Traded May 6, 2026Filed May 8, 2026SEC filing
Exercise or conversion

Ronald P. Spogli

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Not a separate purchase
Exercise / conversion price
$250.29 exercise / conversion price
Understand this price

This row records an option exercise or conversion. The derivative transaction price is separate from the exercise price; it is not the stock's market price. Its row value is not shown as another stock purchase.

Traded April 21, 2026Filed April 22, 2026SEC filing
Exercise or conversion

Ronald P. Spogli

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Not a separate purchase
Exercise / conversion price
Exercise / conversion price not reported
Understand this price

This row records an option exercise or conversion. The derivative transaction price is separate from the exercise price; it is not the stock's market price. Its row value is not shown as another stock purchase.

Traded April 21, 2026Filed April 22, 2026SEC filing
Exercise or conversion

Avedick Baruyr Poladian

Director

AO LTIP Units

Derivative security · not the ordinary share price.

Value context
Not a separate purchase
Exercise / conversion price
$250.29 exercise / conversion price
Understand this price

This row records an option exercise or conversion. The derivative transaction price is separate from the exercise price; it is not the stock's market price. Its row value is not shown as another stock purchase.

Traded April 20, 2026Filed April 22, 2026SEC filing
Exercise or conversion

Avedick Baruyr Poladian

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Not a separate purchase
Exercise / conversion price
Exercise / conversion price not reported
Understand this price

This row records an option exercise or conversion. The derivative transaction price is separate from the exercise price; it is not the stock's market price. Its row value is not shown as another stock purchase.

Traded April 20, 2026Filed April 22, 2026SEC filing
Gift disclosed

Ronald L. Havner Jr

Director

Common Shares

Value context
Not a purchase
Reported price
Gift · no purchase price
Understand this price

The filing reports a zero transaction price for this gift. It does not establish the market value of the gift.

Traded April 14, 2026Filed April 15, 2026SEC filing
Gift disclosed

Avedick Baruyr Poladian

Director

Common Shares

Value context
Not a purchase
Reported price
Gift · no purchase price
Understand this price

The filing reports a zero transaction price for this gift. It does not establish the market value of the gift.

Traded April 10, 2026Filed April 13, 2026SEC filing
Gift disclosed

Avedick Baruyr Poladian

Director

Common Shares

Value context
Not a purchase
Reported price
Gift · no purchase price
Understand this price

The filing reports a zero transaction price for this gift. It does not establish the market value of the gift.

Traded April 10, 2026Filed April 13, 2026SEC filing
Gift disclosed

Avedick Baruyr Poladian

Director

Common Shares

Value context
Not a purchase
Reported price
Gift · no purchase price
Understand this price

The filing reports a zero transaction price for this gift. It does not establish the market value of the gift.

Traded April 10, 2026Filed April 13, 2026SEC filing
Gift disclosed

Avedick Baruyr Poladian

Director

Common Shares

Value context
Not a purchase
Reported price
Gift · no purchase price
Understand this price

The filing reports a zero transaction price for this gift. It does not establish the market value of the gift.

Traded April 10, 2026Filed April 13, 2026SEC filing
Gift disclosed

Avedick Baruyr Poladian

Director

Common Shares

Value context
Not a purchase
Reported price
Gift · no purchase price
Understand this price

The filing reports a zero transaction price for this gift. It does not establish the market value of the gift.

Traded April 10, 2026Filed April 13, 2026SEC filing
Gift disclosed

Avedick Baruyr Poladian

Director

Common Shares

Value context
Not a purchase
Reported price
Gift · no purchase price
Understand this price

The filing reports a zero transaction price for this gift. It does not establish the market value of the gift.

Traded April 10, 2026Filed April 13, 2026SEC filing
Tax or exercise withholding

Ronald L. Havner Jr

Director

Common Shares

Value context
$73.48K
Reported price
$276.24 / share
Traded April 1, 2026Filed April 3, 2026SEC filing
Award disclosed

Ronald P. Spogli

Director

Common Shares

Value context
$1.76K
Reported price
$270.88 / share
Traded March 31, 2026Filed April 2, 2026SEC filing
Award disclosed

Ronald P. Spogli

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded March 31, 2026Filed April 2, 2026SEC filing
Award disclosed

Ronald L. Havner Jr

Director

Common Shares

Value context
$1.25K
Reported price
$270.88 / share
Traded March 31, 2026Filed April 2, 2026SEC filing
Award disclosed

Ronald L. Havner Jr

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded March 31, 2026Filed April 2, 2026SEC filing
Award disclosed

Luke J. Petherbridge

Director

LTIP Units

Derivative security · not the ordinary share price.

Value context
Unavailable
Reported price
Price not reported
Traded March 31, 2026Filed April 2, 2026SEC filing
Award disclosed

Shankh Mitra

Director

Common Shares

Value context
$34.67K
Reported price
$270.88 / share
Traded March 31, 2026Filed April 2, 2026SEC filing
Award disclosed

Paul S. Williams

Director

Common Shares

Value context
$14.63K
Reported price
$270.88 / share
Traded March 31, 2026Filed April 2, 2026SEC filing
Award disclosed

John Reyes

Director

Common Shares

Value context
$33.32K
Reported price
$270.88 / share
Traded March 31, 2026Filed April 2, 2026SEC filing
Reporting insiderSecurity / transactionAmount / priceValueTraded / disclosedSource
DirectorCommon SharesGrant or award6$285.85 / share$1.8KOct 6Filed Oct 7 · 1d laterSEC filing
DirectorCommon SharesGrant or award4$285.85 / share$1.27KOct 6Filed Oct 7 · 1d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units151Price not reportedUnavailableSep 30Filed Oct 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award339$282.84 / share$95.88KSep 30Filed Oct 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award52$282.84 / share$14.71KSep 30Filed Oct 2 · 2d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units151Price not reportedUnavailableSep 30Filed Oct 2 · 2d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units107Price not reportedUnavailableOct 2Filed Oct 2 · 0d laterSEC filing
Chief Legal OfficerLTIP UnitsGrant or awardDerivative units6,213Award · no purchase priceNon-cash awardSep 1Filed Sep 3 · 2d laterSEC filing
Chief Legal OfficerCommon SharesSale1,414$327.53 / share$463.13KAug 13Filed Aug 14 · 1d laterSEC filing
CD&TOAO LTIP UnitsOption exercise or conversionDerivative units10,327$225.38 exercise / conversion priceNot a separate purchaseJul 28Filed Jul 30 · 2d laterSEC filing
CD&TOLTIP UnitsOption exercise or conversionDerivative units3,284Exercise / conversion price not reportedNot a separate purchaseJul 28Filed Jul 30 · 2d laterSEC filing
DirectorAO LTIP UnitsOption exercise or conversionDerivative units103,275$219.07 exercise / conversion priceNot a separate purchaseJul 29Filed Jul 30 · 1d laterSEC filing
DirectorLTIP UnitsOption exercise or conversionDerivative units34,600Exercise / conversion price not reportedNot a separate purchaseJul 29Filed Jul 30 · 1d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units126Price not reportedUnavailableJun 30Filed Jul 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award305$318.31 / share$97.08KJun 30Filed Jul 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award46$318.31 / share$14.64KJun 30Filed Jul 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award6$318.31 / share$1.78KJun 30Filed Jul 2 · 2d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units145Price not reportedUnavailableJun 30Filed Jul 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award4$318.31 / share$1.26KJun 30Filed Jul 2 · 2d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units95Price not reportedUnavailableJun 30Filed Jul 2 · 2d laterSEC filing
Chief Legal OfficerCommon SharesSale950$324.81 / share$308.57KJun 12Filed Jun 16 · 4d laterSEC filing
DirectorStock Option (Right to Buy)Grant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsGrant or awardDerivative units3,232Award · no purchase priceNon-cash awardMay 6Filed May 8 · 2d laterSEC filing
DirectorAO LTIP UnitsOption exercise or conversionDerivative units5,163$250.29 exercise / conversion priceNot a separate purchaseApr 21Filed Apr 22 · 1d laterSEC filing
DirectorLTIP UnitsOption exercise or conversionDerivative units972Exercise / conversion price not reportedNot a separate purchaseApr 21Filed Apr 22 · 1d laterSEC filing
DirectorAO LTIP UnitsOption exercise or conversionDerivative units5,163$250.29 exercise / conversion priceNot a separate purchaseApr 20Filed Apr 22 · 2d laterSEC filing
DirectorLTIP UnitsOption exercise or conversionDerivative units1,023Exercise / conversion price not reportedNot a separate purchaseApr 20Filed Apr 22 · 2d laterSEC filing
DirectorCommon SharesGift734Gift · no purchase priceNot a purchaseApr 14Filed Apr 15 · 1d laterSEC filing
DirectorCommon SharesGift2,000Gift · no purchase priceNot a purchaseApr 10Filed Apr 13 · 3d laterSEC filing
DirectorCommon SharesGift2,000Gift · no purchase priceNot a purchaseApr 10Filed Apr 13 · 3d laterSEC filing
DirectorCommon SharesGift2,000Gift · no purchase priceNot a purchaseApr 10Filed Apr 13 · 3d laterSEC filing
DirectorCommon SharesGift2,000Gift · no purchase priceNot a purchaseApr 10Filed Apr 13 · 3d laterSEC filing
DirectorCommon SharesGift2,000Gift · no purchase priceNot a purchaseApr 10Filed Apr 13 · 3d laterSEC filing
DirectorCommon SharesGift2,000Gift · no purchase priceNot a purchaseApr 10Filed Apr 13 · 3d laterSEC filing
DirectorCommon SharesExercise-price or tax withholding266$276.24 / share$73.48KApr 1Filed Apr 3 · 2d laterSEC filing
DirectorCommon SharesGrant or award7$270.88 / share$1.76KMar 31Filed Apr 2 · 2d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units174Price not reportedUnavailableMar 31Filed Apr 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award5$270.88 / share$1.25KMar 31Filed Apr 2 · 2d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units342Price not reportedUnavailableMar 31Filed Apr 2 · 2d laterSEC filing
DirectorLTIP UnitsGrant or awardDerivative units128Price not reportedUnavailableMar 31Filed Apr 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award128$270.88 / share$34.67KMar 31Filed Apr 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award54$270.88 / share$14.63KMar 31Filed Apr 2 · 2d laterSEC filing
DirectorCommon SharesGrant or award123$270.88 / share$33.32KMar 31Filed Apr 2 · 2d laterSEC filing

Congress transactions 3

All Congress filings
Purchase disclosed

Public Storage Common Stock · Stock

The filing reports a purchase for the member.

AAAlan ArmstrongReporting Senate member
Reported amount
$1,001 – $15,000Reported range; exact amount not disclosed.
Trade date
March 27, 2026
Filed July 21, 2026 · 116d laterOriginal report
Sale disclosed

Public Storage Common Stock (PSA) · Stock

The filing reports a sale for the member.

Virginia Foxx official portraitVirginia FoxxReporting House member
Reported amount
$1,001 – $15,000Reported range; exact amount not disclosed.
Trade date
January 12, 2026
Filed February 6, 2026 · 25d laterOriginal report
Partial sale disclosed

Public Storage Common Stock (PSA) · Stock

The filing reports a partial sale for the member.

Gilbert Cisneros official portraitGilbert CisnerosReporting House member
Reported amount
$1,001 – $15,000Reported range; exact amount not disclosed.
Trade date
December 19, 2025
Filed January 12, 2026 · 24d laterOriginal report
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Why this buying score?

No qualifying common-equity purchases

No eligible common-equity purchase is public by this cutoff within 180 transaction-date days. Other instruments, exercises and routine activity do not contribute purchase points.

+0 pts

This score describes qualifying insider purchases at issuer level. Read the methodology

Sources and coverage

Limited filing history · Market-wide discovery does not establish complete company history. View coverage
Source
SEC EDGAR · Form 4
Issuer CIK
0001393311
Latest public acceptance
Oct 7, 2026, 04:53 PM UTC
Score calculated
Oct 8, 2026, 12:06 AM UTC
Parser
form4-parser-1.5
Classifier
form4-classifier-1.1
Scoring methodology
insider-experimental-1.1
Availability
Public filing time, not trade date

Open a transaction's SEC filing for the primary evidence. A code P may describe an open-market or private purchase; classification is not proof of intent.

Insider activity can have many explanations. Signal Strength is not a probability of profit or a recommendation to trade.