Prudential Bancorp Inc PBIP:NASDAQ

Last Price$17.88NASDAQ Previous Close - Last Trade as of 4:00PM ET 9/17/19

Today's Change+0.47(2.70%)
Bid (Size)$17.87 (6)
Ask (Size)$18.16 (1)
Day Low / High$17.18 - 17.88
Volume14.1 K

Insider Trends: Insider at Prudential Bancorp Acquires Stock Via Conversion of Option/Derivative Security Sells Portion to Pay Tax, Buy Trend Intact

4:12PM ET 1/07/2019 MT Newswires
Francis V Mulcahy, Director, exercised options/derivative securities for 25,690 shares of Prudential Bancorp (PBIP) and sold 17,146 shares in the company for $304,170 to meet tax obligations on Jan 03, 2019. After accounting for tax obligations this transaction resulted in a net acquisition of 8,544 company shares. Mulcahy, after the transactions designated in the SEC Form 4 filing, has control over 42,167 shares of the company of which 39,335 shares are held directly and 2,832 shares are controlled indirectly. The market value of the direct and indirect holdings, based on the prior-day closing price, is approximately $747,621.

Over the last 90 days, prior to the date of this filing, there have been 2 insider transactions reported to the SEC for Prudential Bancorp. These transactions came from the activity of one insider that resulted in no change to insider holdings with acquisitions exactly offset by dispositions of company shares. Relative to the preceding 90-day window of time, there are no insider transactions for the company.

This level of insider transactions is lower than the peer group average in the 34-company Retail & Mortgage Banks peer group over the last 90-day period. Activity in the peer group averaged 46.3 transactions per company, with company insiders acquiring on average 42,348 shares.

SEC Story Link http://www.sec.gov/Archives/edgar/data/1578776/000092708919000008/xslF345X03/edgar.xml