Petra Acquisition Inc. (PAIC) is a publicly traded company in the Unknown sector. Across all available filings, 4 corporate insiders have executed 6 transactions totaling $6.6M, demonstrating a bearish sentiment with -$6.6M in net insider flow. The most recent transaction on Jan 10, 2022 involved a transaction of 731,950 shares valued at $7.5M.
No significant insider buying has been recorded for PAIC in the recent period.
No significant insider selling has been recorded for PAIC in the recent period.
Based on recent SEC filings, insider sentiment for PAIC is bearish with an Insider Alignment Score of 0/100 and a net flow of -$6.6M. Insiders are reducing their positions, though this can be driven by factors unrelated to company outlook.
Insider trading at Petra Acquisition Inc. (PAIC) refers to stock transactions made by corporate insiders—executives, directors, and beneficial owners holding more than 10% of the company's shares. These individuals have access to material non-public information and are required by law to report their trades to the SEC within two business days. Currently, 4 insiders are actively trading PAIC stock, having executed 6 transactions in the past 90 days. The most active insider is Lawrence Feis (Executive), who has made 1 transactions totaling $7.5M.
Get notified when executives and directors at PAIC file new Form 4 transactions
Date | Insider | Title | Type | Shares | Price | Value | Flags |
|---|---|---|---|---|---|---|---|
| Jan 10, 2022 | Feis Lawrence | Executive | Other | 731,950 | $10.20 | $7.5M | Large |
| Sep 23, 2021 | Llc Glazer Capital, | Executive | Sale | 611,541 | $10.08 | $6.2M | Large |
| Sep 22, 2021 | Llc Glazer Capital, | Executive | Sale | 5 | $10.08 | $50 | |
| Sep 21, 2021 | Llc Glazer Capital, | Executive | Sale | 43,000 | $10.08 | $433.4K | |
| Dec 30, 2020 | Typaldos Andreas | Executive | Other | 192,962 | $N/A | $0 | |
| Dec 30, 2020 | H. Fitzpatrick Sean | Executive | Other | 192,962 | $N/A | $0 |
| TYPE | COUNT | VALUE | % |
|---|---|---|---|
Other(J) | 3 | $7.5M | 53.1% |
Sale(S) | 3 | $6.6M | 46.9% |
Insider selling pressure at Petra Acquisition Inc. has increased, with 4 insiders executing 6 transactions across all time. Total sales of $6.6M significantly outpace purchases of $0, resulting in a net outflow of $6.6M. This selling activity appears largely discretionary, which may warrant closer attention from investors.