Company_Context
Basic Materials
Pharmaceutical Preparations
Institutional analysis of internal capital flows based on SEC Form 4 filings.
Signal_Window
Headline metrics use exact calendar-day windows.
17 directional transactions in 90D
Code P purchases and code S sales are measured from 2026.05.30 — 2026.08.27.
-$30.0M
Open-market buys minus sales2026.08.13
Latest available filing8
Reporting entities in windowNo 90D buyer
No open-market buys in 90DZachary Jennifer
$10.7MAnalysis of eligible SEC Form 4 activity for MRK indicates a bearish 90-day signal. The selected window contains transactions from 8 distinct reporting insiders, with aggregate nominal activity of $41.54M.
Open-market purchases minus open-market sales produce a negative net flow of $29.98M. Open-market executions represent the majority of measured nominal activity in this window, making the directional flow more representative of voluntary trading activity.
The largest open-market sale in the selected window was attributed to Zachary Jennifer (EVP, General Counsel). Form 4 activity provides useful ownership context, but it should not be treated as a standalone prediction of future price performance.
Enriched_Research_Context
These indicators use normalized SEC roles, issuer metadata, cluster detection and post-filing market prices already calculated by the data pipeline.
Basic Materials
Pharmaceutical Preparations
0
Clustered open-market purchase records in the recent filing sample.
Recent_Filing_History
This table shows recent filing history and is not restricted by the selected 90D headline signal window.
No eligible open-market purchases were reported for MRK during the last 90 calendar days.
During the last 90 calendar days, eligible open-market sales total $29.98M. Zachary Jennifer recorded the largest aggregate selling volume.
The 90-day open-market signal is BEARISH, with net flow of $29.98M across 8 reporting insiders in the selected window.
Performance pending
No matured open-market transaction with calculated market windows is available in the recent sample.
Performance uses the latest matured open-market record in this sample. It describes subsequent market movement and does not imply that the filing caused the price change.