Introduction

This page provides a comprehensive analysis of the known insider trading history of Steven A Blank. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Steven A Blank has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:US89376VAA89 / TransMontaigne Partners Limited Partnership / TLP Finance Corp. Director 0
US:DAKP / Dakota Plains Holdings, Inc. Director 35,449
EVP & CFO 51,119
US:NS / NuStar Energy L.P. - Limited Partnership EVP & CFO 42,103
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Steven A Blank. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Trading History

This table shows the complete list of insider trades made by Steven A Blank as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change		 Share
Price		 Tran
Value		 Remaining
Value
2019-02-27 2019-02-26 4 TLP TransMontaigne Partners LLC
Common Units Representing Limited Partner Interest 		D - Sale to Issuer -13,662 0 -100.00 41.00 -560,142
2018-10-23 2018-10-19 4 TLP TransMontaigne Partners L.P.
Common Units 		A - Award 2,324 13,662 20.50
2017-11-20 2017-11-17 4 TLP TransMontaigne Partners L.P.
Common Units 		P - Purchase 1,000 11,338 9.67 39.56 39,564 448,581
2017-10-24 2017-10-20 4 TLP TransMontaigne Partners L.P.
Common Units 		A - Award 2,166 10,338 26.51
2016-10-25 2016-10-21 4 TLP TransMontaigne Partners L.P.
Common Units 		A - Award 2,172 8,172 36.20
2015-10-16 2015-10-14 4 TLP TransMontaigne Partners L.P.
Common Units 		A - Award 3,000 6,000 100.00
2015-07-16 2015-06-18 4/A DAKP DAKOTA PLAINS HOLDINGS, INC.
Common Stock 		F - Taxes -23,145 35,449 -39.50 1.28 -29,626 45,375
2015-07-16 2015-06-18 4/A DAKP DAKOTA PLAINS HOLDINGS, INC.
Common Stock 		A - Award 58,594 58,594
2015-06-22 2015-06-18 4 DAKP DAKOTA PLAINS HOLDINGS, INC.
Common Stock 		A - Award 58,594 58,594
2014-10-02 2014-09-30 4 TLP TransMontaigne Partners L.P.
Common Units 		A - Award 3,000 3,000
2014-01-02 2013-12-30 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -1,662 51,119 -3.15 28.01 -46,553 1,431,843
2014-01-02 2013-12-30 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -2,590 42,103 -5.80 50.65 -131,184 2,132,517
2013-12-23 2013-12-19 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -158 52,781 -0.30 26.51 -4,189 1,399,224
2013-12-23 2013-12-19 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -228 44,693 -0.51 49.01 -11,174 2,190,404
2013-12-18 2013-12-16 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -158 52,939 -0.30 27.46 -4,339 1,453,705
2013-12-18 2013-12-16 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -208 44,921 -0.46 49.93 -10,385 2,242,906
2013-12-17 2013-12-14 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -137 53,097 -0.26 27.77 -3,804 1,474,504
2013-12-17 2013-12-14 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -145 45,129 -0.32 49.94 -7,241 2,253,742
2013-11-08 2013-11-06 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -186 53,234 -0.35 24.16 -4,494 1,286,133
2013-11-08 2013-11-06 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -181 45,274 -0.40 42.72 -7,732 1,934,105
2013-06-13 2013-06-13 4 NSH NuStar GP Holdings, LLC
Common Units 		P - Purchase 2,000 53,420 3.89 24.85 49,700 1,327,482
2013-01-29 2013-01-26 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -244 45,455 -0.53 50.00 -12,200 2,272,750
2013-01-02 2012-12-30 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -136 51,420 -0.26 27.81 -3,782 1,429,990
2013-01-02 2012-12-30 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -163 45,699 -0.36 41.99 -6,844 1,918,901
2012-12-21 2012-12-19 4 NSH NuStar GP Holdings, LLC
Common Units 		A - Award 2,880 51,556 5.92
2012-12-21 2012-12-19 4 NS NuStar Energy L.P.
Common Units 		A - Award 4,160 45,862 9.98
2012-12-18 2012-12-16 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -153 48,676 -0.31 28.53 -4,365 1,388,726
2012-12-18 2012-12-14 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -132 48,829 -0.27 28.53 -3,766 1,393,091
2012-12-18 2012-12-16 4 NS NuStar Energy L.P.
CommonUnits 		F - Taxes -201 41,702 -0.48 44.10 -8,864 1,839,058
2012-12-18 2012-12-14 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -140 41,903 -0.33 44.10 -6,174 1,847,922
2012-11-20 2012-11-16 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -245 42,043 -0.58 40.24 -9,859 1,691,810
2012-11-14 2012-11-12 4 NSH NuStar GP Holdings, LLC
Common Units 		P - Purchase 2,000 48,961 4.26 24.80 49,600 1,214,233
2012-11-14 2012-11-12 4 NS NuStar Energy L.P.
Common Units 		P - Purchase 1,250 42,288 3.05 39.51 49,388 1,670,799
2012-11-08 2012-11-06 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -248 46,961 -0.53 28.19 -6,991 1,323,831
2012-11-08 2012-11-06 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -241 41,038 -0.58 46.00 -11,086 1,887,748
2012-08-02 2012-07-31 4 NS NuStar Energy L.P.
Employee Unit Option (right to buy) 		M - Exercise -3,333 0 -100.00
2012-08-02 2012-07-31 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -2,631 41,279 -5.99 54.32 -142,916 2,242,275
2012-08-02 2012-07-31 4 NS NuStar Energy L.P.
Common Units 		M - Exercise 3,333 43,910 8.21 36.30 120,988 1,593,933
2012-07-30 2012-07-26 4 NS NuStar Energy L.P.
Employee Unit Option (right to buy) 		A - Award 7,225 7,225
2012-07-30 2012-07-26 4 NS NuStar Energy L.P.
Employee Unit Option (right to buy) 		D - Sale to Issuer -7,225 0 -100.00
2012-03-05 2012-03-01 4 NS NuStar Energy L.P.
Employee Unit Option (right to buy) 		M - Exercise -3,333 0 -100.00
2012-03-05 2012-03-01 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -2,410 40,577 -5.61 61.34 -147,829 2,488,993
2012-03-05 2012-03-01 4 NS NuStar Energy L.P.
Common Units 		M - Exercise 3,333 42,987 8.41 38.22 127,387 1,642,963
2012-01-30 2012-01-26 4 NS NuStar Energy L.P.
Common Units 		A - Award 2,240 39,654 5.99
2012-01-04 2011-12-30 4 NSH NuStar GP Holdings, LLC
Common Units 		F - Taxes -136 47,209 -0.29 33.25 -4,522 1,569,699
2012-01-04 2011-12-30 4 NS NuStar Energy L.P.
Common Units 		F - Taxes -163 37,414 -0.43 56.66 -9,236 2,119,877
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)