Northrim BanCorp, Inc.
US ˙ NasdaqGS ˙ US6667621097

Introduction

This page provides a comprehensive analysis of the known insider trading history of Anthony Drabek. 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.

Companies with Reported Insider Positions

The SEC filings indicate Anthony Drabek has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:NRIM / Northrim BanCorp, Inc. Director 3,830
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Anthony Drabek. 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 NRIM / Northrim BanCorp, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in NRIM / Northrim BanCorp, Inc.. 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 (%)
2021-06-03 NRIM DRABEK ANTHONY 555 44.4600 555 44.4600 24,675 155 47.24 1,543 6.25
2020-06-02 NRIM DRABEK ANTHONY 1,010 24.5000 1,010 24.5000 24,745
2019-05-29 NRIM DRABEK ANTHONY 715 34.5000 715 34.5000 24,668
2018-06-11 NRIM DRABEK ANTHONY 620 39.7500 620 39.7500 24,645
2017-05-30 NRIM DRABEK ANTHONY 650 30.6500 650 30.6500 19,922
2016-05-31 NRIM DRABEK ANTHONY 735 26.5523 735 26.5523 19,516
2015-08-13 NRIM DRABEK ANTHONY 370 26.4700 370 26.4700 9,794
2014-08-26 NRIM DRABEK ANTHONY 400 24.7500 400 24.7500 9,900
2013-10-29 NRIM DRABEK ANTHONY 405 25.2100 405 25.2100 10,210
2012-05-24 NRIM DRABEK ANTHONY 452 21.9000 452 21.9000 9,899

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

NRIM / Northrim BanCorp, Inc. Insider Trades
Insider Sales NRIM / Northrim BanCorp, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in NRIM / Northrim BanCorp, Inc.. 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 (%)
2019-12-04 NRIM DRABEK ANTHONY 830 36.5400 830 36.5400 30,328 162 19.6300 -14,035 -46.28
2018-05-07 NRIM DRABEK ANTHONY 335 36.3550 335 36.3550 12,179
2017-02-24 NRIM DRABEK ANTHONY 340 30.3000 340 30.3000 10,302
2016-03-10 NRIM DRABEK ANTHONY 850 24.0200 850 24.0200 20,417
2015-08-25 NRIM DRABEK ANTHONY 800 26.2200 800 26.2200 20,976
2013-01-28 NRIM DRABEK ANTHONY 1,150 22.1034 1,150 22.1034 25,419
2012-08-02 NRIM DRABEK ANTHONY 1,235 20.5123 1,235 20.5123 25,333
2012-04-30 NRIM DRABEK ANTHONY 1,385 21.8564 1,385 21.8564 30,271

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

NRIM / Northrim BanCorp, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Anthony Drabek 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
2021-06-03 2021-06-03 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 555 3,830 16.95 44.46 24,675 170,282
2020-06-03 2020-06-02 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 1,010 3,275 44.59 24.50 24,745 80,238
2019-12-06 2019-12-04 4 NRIM NORTHRIM BANCORP INC
Common Stock
S - Sale -830 2,265 -26.82 36.54 -30,328 82,763
2019-05-29 2019-05-29 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 715 3,095 30.04 34.50 24,668 106,778
2018-06-11 2018-06-11 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 620 2,380 35.23 39.75 24,645 94,605
2018-05-07 2018-05-07 4 NRIM NORTHRIM BANCORP INC
Common Stock
S - Sale -335 1,760 -15.99 36.36 -12,179 63,985
2017-05-31 2017-05-30 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 650 2,095 44.98 30.65 19,922 64,212
2017-02-27 2017-02-24 4 NRIM NORTHRIM BANCORP INC
Common Stock
S - Sale -340 1,445 -19.05 30.30 -10,302 43,784
2016-05-31 2016-05-31 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 735 1,785 70.00 26.55 19,516 47,396
2016-03-10 2016-03-10 4 NRIM NORTHRIM BANCORP INC
Common Stock
S - Sale -850 1,050 -44.74 24.02 -20,417 25,221
2015-08-25 2015-08-25 4 NRIM NORTHRIM BANCORP INC
Common Stock
S - Sale -800 1,900 -29.63 26.22 -20,976 49,818
2015-08-13 2015-08-13 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 370 2,700 15.88 26.47 9,794 71,469
2014-08-27 2014-08-26 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 400 2,330 20.73 24.75 9,900 57,668
2013-10-29 2013-10-29 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 405 1,930 26.56 25.21 10,210 48,655
2013-01-29 2013-01-28 4 NRIM NORTHRIM BANCORP INC
Common Stock
S - Sale -1,150 1,525 -42.99 22.10 -25,419 33,708
2012-08-06 2012-08-02 4 NRIM NORTHRIM BANCORP INC
Common Stock
S - Sale -1,235 2,675 -31.59 20.51 -25,333 54,870
2012-05-29 2012-05-24 4 NRIM NORTHRIM BANCORP INC
Common Stock
P - Purchase 452 3,910 13.07 21.90 9,899 85,629
2012-04-30 2012-04-30 4 NRIM NORTHRIM BANCORP INC
Common Stock
S - Sale -1,385 3,458 -28.60 21.86 -30,271 75,579
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)