Glossary

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.

Recently reported trades

  • Matthew Friend

    Planned sale10b5-1 planNike

    $453.9K

    Filed 09/30

  • Kenneth J. Kencel

    BuyNuveen Churchill Private Capital Income Fund

    $250K

    Filed 09/30

  • Kenneth J. Kencel

    BuyNuveen Churchill Private Capital Income Fund

    $250K

    Filed 09/30

  • Richard H. Moore

    SellFirst Bancorp

    $1M

    Filed 09/30

  • Richard H. Moore

    SellFirst Bancorp

    $456.5K

    Filed 09/30