Chan Phillip P. - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Chan Phillip P.. 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

Companies with Reported Insider Positions

The SEC filings indicate Chan Phillip P. has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Chan Phillip P.. 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 Purchases CTSO / Cytosorbents Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CTSO / Cytosorbents Corporation. This analysis helps to understand if the insider consistently generates abnormal returns, and is worth following. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market purchases that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Max	Price at Max	Max Profit ($)	Max Return (%)
2023-12-13	CTSO	Chan Phillip P.	75,188	1.3300	75,188	1.3300	100,000	7	1.8400	38,346	38.35
2022-12-08	CTSO	Chan Phillip P.	5,859	1.2600	5,859	1.2600	7,382
2022-12-07	CTSO	Chan Phillip P.	9,850	1.2600	9,850	1.2600	12,411
2022-12-06	CTSO	Chan Phillip P.	14,291	1.2640	14,291	1.2640	18,064
2022-09-08	CTSO	Chan Phillip P.	35,000	1.7000	35,000	1.7000	59,500
2022-06-09	CTSO	Chan Phillip P.	16,000	2.1740	16,000	2.1740	34,784
2021-12-10	CTSO	Chan Phillip P.	5,000	5.2500	5,000	5.2500	26,250
2019-12-06	CTSO	Chan Phillip P.	16,500	3.6000	16,500	3.6000	59,400
2017-06-08	CTSO	Chan Phillip P.	3,700	4.0000	3,700	4.0000	14,800
2017-06-05	CTSO	Chan Phillip P.	6,300	4.0000	6,300	4.0000	25,200
2016-12-09	CTSO	Chan Phillip P.	4,600	5.4000	4,600	5.4000	24,840
2016-08-24	CTSO	Chan Phillip P.	5,000	4.8900	5,000	4.8900	24,450
2012-09-04	CTSO	Chan Phillip P.	190,000	0.1300	7,600	3.2500	24,700

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Sales CTSO / Cytosorbents Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CTSO / Cytosorbents Corporation. A consistent pattern of loss avoidance may suggest that future sale transactions may predict declines in price. This analysis is for one-year following each trade, and the results are theoretical.

The following table shows the most recent open market sales that were not part of an automatic trading plan.

Trade Date	Ticker	Insider	Reported Shares	Reported Price	Adjusted Shares	Adjusted Price	Cost Basis	Days to Min	Price at Min	Max Loss Avoided ($)	Max Loss Avoided (%)
2018-12-07	CTSO	Chan Phillip P.	24,337	9.3695	24,337	9.3695	228,026	363	3.6100	-140,168	-61.47
2018-09-07	CTSO	Chan Phillip P.	2,731	14.1100	2,731	14.1100	38,534
2018-09-06	CTSO	Chan Phillip P.	2,900	14.7500	2,900	14.7500	42,775
2018-09-05	CTSO	Chan Phillip P.	600	14.8500	600	14.8500	8,910
2018-09-05	CTSO	Chan Phillip P.	5,187	14.8500	5,187	14.8500	77,027

Adjusted Price is the split-adjusted price. Adjusted Shares is the split-adjusted shares.

Insider Trading History

This table shows the complete list of insider trades made by Chan Phillip P. as disclosed to the Securities Exchange Commission (SEC).