Insider
Also called Section 16 insider, officer, director, 10% owner
The people Section 16 of the US Securities Exchange Act requires to report their trades: a company's officers, its directors and holders of more than 10% of its stock.
Who counts as an insider?
Section 16 makes the people who know a company best disclose their trades in its stock: officers such as the CEO and CFO, members of the board, and anyone holding more than 10% of a voting class of stock.
An insider reports their holdings on Form 3 on taking the role and files a Form 4 for each trade after that. Profits from a purchase and sale within six months must be paid back to the company under the short-swing rule.
An insider's page on Whalegun gathers every trade the person reported, with the 12-month net and total buys and sales. Someone who sits on several boards has all their companies on one page.
See it on Whalegun
Recently reported trades
- Matthew Friend
Planned sale10b5-1 planNike
Planned sale10b5-1 planNike
NKE
$453.9K
12,658 sh
$453.9K
Filed 09/30
Traded 09/30
- Kenneth J. Kencel
BuyNuveen Churchill Private Capital Income Fund
BuyNuveen Churchill Private Capital Income Fund
$250K
10,482.18 sh
$250K
Filed 09/30
Traded 09/28
- Kenneth J. Kencel
BuyNuveen Churchill Private Capital Income Fund
BuyNuveen Churchill Private Capital Income Fund
$250K
10,482.18 sh
$250K
Filed 09/30
Traded 09/28
- Richard H. Moore
SellFirst Bancorp
SellFirst Bancorp
FBNC
$1M
16,000 sh
$1M
Filed 09/30
Traded 09/28
- Richard H. Moore
SellFirst Bancorp
SellFirst Bancorp
FBNC
$456.5K
7,343 sh
$456.5K
Filed 09/30
Traded 09/29
More terms in this area
- Form 4The filing an officer, director or more-than-10% owner of a US listed company sends the SEC after trading the company's stock.
- Form 4 transaction codesThe single letter on each Form 4 line that says whether it is an open-market purchase, a sale, an option exercise or something else.
- Rule 10b5-1 trading planA plan an insider writes before knowing any inside information that sets when and how much stock will be traded later.
- Cluster buyingSeveral insiders of the same company each buying shares in the open market within a short period.