Directors' Dealings: Some Examples

Finance BaFin Insider Trading


Directors’ dealings are financial securities transactions, especially in shares, of executives targeting their employer resp. company. In Germany such transactions fall under § 15a WpHG which is the German securities trading act. By law directors’ dealings have to be reported to the BaFin (federal agency for financial market supervision). The BaFin makes these dealings publicly accessible via their website, see here.

Without any further comments the remainder of this article shows directors’ dealings along the share price development for five companies which I consider instructive.

For code allowing to automatically generate such plots, refer to my article Downloading Data on Directors’ Dealings.

DISCLAIMER: None of the below is intended to be considered as any kind of investment advice. All examples serve as illustrative material only.

Deutsche Telekom AG: DE0005557508

Plot of director's dealing for Deutsche Telekom AG

Fresenius SE & Co. KGaA: DE0005785604

Plot of director's dealing for Fresenius SE & Co. KGaA

Merck KGaA: DE0006599905

Plot of director's dealing for Merck KGaA

Vonovia SE: DE000A1ML7J1

Plot of director's dealing for Vonovia SE

Wirecard AG: DE0007472060

Plot of director's dealing for Wirecard AG