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Ann: Change of Director's Interest Notice, page-3

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    3. When directors buy, it is rarely an on market purchase. Most of the time directors are getting issued shares in lieu of a performance bonus, a dividend reinvestment plan, a share issue, an off-market transfer, a movement from one entity to another, a share purchase plan, as a bonus or through the maturing of options. What you want to look for are director transactions that are "on-market" transactions, bought with cash, and if they only buy a small amount, don't dismiss it – it often means more when a poor director buys shares; it is more significant than a rich director topping up.Quote from article: SMH Follow the money: how to track when company directors trade shares
    By Marcus Padley
    May 29, 2017
 
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