Kopin Corporation
US ˙ NasdaqCM ˙ US5006001011

Introduction

This page provides a comprehensive analysis of the known insider trading history of John C C Fan. 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

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Companies with Reported Insider Positions

The SEC filings indicate John C C Fan has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:KOPN / Kopin Corporation Director 5,541,099
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by John C C Fan. 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 KOPN / Kopin Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in KOPN / Kopin 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 (%)
2023-05-17 KOPN FAN JOHN C C 23,293 1.3500 23,293 1.3500 31,446 273 2.7600 32,844 104.45
2023-05-16 KOPN FAN JOHN C C 25,000 1.2500 25,000 1.2500 31,250
2021-08-24 KOPN FAN JOHN C C 50,000 5.4500 50,000 5.4500 272,500
2020-05-11 KOPN FAN JOHN C C 100,000 0.7400 100,000 0.7400 74,000
2020-05-08 KOPN FAN JOHN C C 150,000 0.6600 150,000 0.6600 99,000
2016-05-12 KOPN FAN JOHN C C 70,000 1.8000 70,000 1.8000 126,000
2016-05-11 KOPN FAN JOHN C C 130,000 1.7400 130,000 1.7400 226,200
2015-08-20 KOPN FAN JOHN C C 40,166 2.9000 40,166 2.9000 116,481
2015-08-19 KOPN FAN JOHN C C 54,634 2.8600 54,634 2.8600 156,253
2015-08-18 KOPN FAN JOHN C C 58,200 2.9100 58,200 2.9100 169,362
2015-08-17 KOPN FAN JOHN C C 58,200 2.7400 58,200 2.7400 159,468
2015-08-14 KOPN FAN JOHN C C 44,400 2.6900 44,400 2.6900 119,436
2015-08-13 KOPN FAN JOHN C C 44,400 2.7500 44,400 2.7500 122,100
2012-03-26 KOPN FAN JOHN C C 1,800 3.7400 1,800 3.7400 6,732
2012-03-23 KOPN FAN JOHN C C 51,000 3.4900 51,000 3.4900 177,990
2012-03-22 KOPN FAN JOHN C C 24,500 3.5400 24,500 3.5400 86,730
2012-03-21 KOPN FAN JOHN C C 14,000 3.5200 14,000 3.5200 49,280
2012-03-20 KOPN FAN JOHN C C 10,500 3.4800 10,500 3.4800 36,540

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

KOPN / Kopin Corporation Insider Trades
Insider Sales KOPN / Kopin Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in KOPN / Kopin 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 (%)
There are no known unplanned open-market trades for this insider and security combination

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

KOPN / Kopin Corporation Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by John C C Fan 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
2023-05-25 2023-05-25 4 KOPN KOPIN CORP
Common Stock 		A - Award 10,000 5,541,099 0.18
2023-05-18 2023-05-17 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 23,293 5,531,099 0.42 1.35 31,446 7,466,984
2023-05-17 2023-05-16 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 25,000 5,507,806 0.46 1.25 31,250 6,884,758
2023-03-15 2023-03-14 4 KOPN KOPIN CORP
Common Stock 		D - Sale to Issuer -30,600 5,482,806 -0.56
2022-03-15 2022-03-14 4 KOPN KOPIN CORP
Common Stock 		D - Sale to Issuer -63,503 5,513,406 -1.14
2021-12-17 2021-12-15 4 KOPN KOPIN CORP
Common Stock 		A - Award 30,600 5,576,909 0.55 4.40 134,640 24,538,400
2021-08-25 2021-08-24 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 50,000 5,546,309 0.91 5.45 272,500 30,227,384
2021-03-09 2021-03-05 4 KOPN KOPIN CORP
Common Stock 		F - Taxes -2,303 5,496,309 -0.04
2021-03-08 2021-03-04 4 KOPN KOPIN CORP
Common Stock 		G - Gift -350,000 5,498,612 -5.98
2021-01-29 2020-12-31 4/A KOPN KOPIN CORP
Common Stock 		A - Award 288,843 5,848,612 5.20
2021-01-29 2020-12-31 4/A KOPN KOPIN CORP
Common Stock 		A - Award 940,000 5,559,769 20.35
2021-01-29 2020-12-31 4/A KOPN KOPIN CORP
Common Stock 		F - Taxes 940,000 4,619,769 25.55
2021-01-29 2020-12-31 4/A KOPN KOPIN CORP
Common Stock 		A - Award 100,000 5,559,769 1.83
2021-01-05 2020-12-31 4 KOPN KOPIN CORP
Common Stock 		A - Award 288,843 6,788,612 4.44
2021-01-05 2020-12-31 4 KOPN KOPIN CORP
Common Stock 		A - Award 940,000 6,499,769 16.91
2021-01-05 2020-12-31 4 KOPN KOPIN CORP
Common Stock 		A - Award 100,000 5,559,769 1.83
2020-05-11 2020-05-11 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 100,000 5,459,769 1.87 0.74 74,000 4,040,229
2020-05-11 2020-05-08 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 150,000 5,359,769 2.88 0.66 99,000 3,537,448
2019-12-23 2019-12-23 4 KOPN KOPIN CORP
Common Stock 		A - Award 100,000 5,209,769 1.96
2018-01-03 2017-12-31 4 KOPN KOPIN CORP
Common Stock 		G - Gift 150,000 5,109,769 3.02
2018-01-03 2017-12-31 4 KOPN KOPIN CORP
Common Stock 		G - Gift 150,000 5,109,769 3.02
2018-01-03 2017-12-31 4 KOPN KOPIN CORP
Common Stock 		G - Gift 640,000 4,809,769 15.35
2018-01-03 2017-12-31 4 KOPN KOPIN CORP
Common Stock 		G - Gift -150,000 4,169,769 -3.47
2018-01-03 2017-12-31 4 KOPN KOPIN CORP
Common Stock 		G - Gift -150,000 4,169,769 -3.47
2018-01-03 2017-12-31 4 KOPN KOPIN CORP
Common Stock 		G - Gift -260,000 4,469,769 -5.50
2017-12-19 2017-12-15 4 KOPN KOPIN CORP
Common Stock 		A - Award 400,000 4,729,769 9.24
2017-11-13 2017-11-09 4 KOPN KOPIN CORP
Common Stock 		A - Award 250,000 4,329,769 6.13 3.21 802,500 13,898,558
2016-12-15 2016-12-14 4 KOPN KOPIN CORP
Common Stock 		A - Award 250,000 4,079,769 6.53
2016-12-15 2016-12-14 4 KOPN KOPIN CORP
Common Stock 		A - Award 125,000 3,829,769 3.37
2016-05-16 2016-05-12 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 70,000 3,704,769 1.93 1.80 126,000 6,668,584
2016-05-16 2016-05-11 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 130,000 3,634,769 3.71 1.74 226,200 6,324,498
2016-02-26 2016-02-24 4 KOPN KOPIN CORP
Common Stock 		A - Award 87,500 3,504,769 2.56
2016-01-04 2015-12-10 4/A KOPN KOPIN CORP
Common Stock 		F - Taxes -66,712 3,417,269 -1.91 2.74 -182,791 9,363,317
2015-12-14 2015-12-10 4 KOPN KOPIN CORP
Common Stock 		F - Taxes -164,212 3,319,769 -4.71 2.74 -449,941 9,096,167
2015-12-14 2015-02-13 4/A KOPN KOPIN CORP
Common Stock 		A - Award 353,296 3,281,631 12.06
2015-08-20 2015-08-20 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 40,166 3,480,685 1.17 2.90 116,481 10,093,986
2015-08-20 2015-08-19 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 54,634 3,440,519 1.61 2.86 156,253 9,839,884
2015-08-19 2015-08-18 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 58,200 3,385,885 1.75 2.91 169,362 9,852,925
2015-08-19 2015-08-17 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 58,200 3,327,685 1.78 2.74 159,468 9,117,857
2015-08-17 2015-08-14 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 44,400 3,269,485 1.38 2.69 119,436 8,794,915
2015-08-17 2015-08-13 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 44,400 3,225,085 1.40 2.75 122,100 8,868,984
2015-08-07 2015-08-06 4 KOPN KOPIN CORP
Common Stock 		F - Taxes -97,650 3,180,685 -2.98 2.83 -276,350 9,001,339
2015-02-18 2015-02-13 4 KOPN KOPIN CORP
Common Stock 		A - Award 260,000 3,278,335 8.61
2015-02-18 2015-02-13 4 KOPN KOPIN CORP
Common Stock 		D - Sale to Issuer -260,000 3,018,335 -7.93
2015-02-18 2015-02-13 4 KOPN KOPIN CORP
Common Stock 		A - Award 350,000 3,278,335 11.95
2014-12-12 2014-12-10 4 KOPN KOPIN CORP
Common Stock 		F - Taxes -130,125 2,928,335 -4.25 3.37 -438,521 9,868,489
2013-12-23 2013-12-10 4/A KOPN KOPIN CORP
Common Stock 		F - Taxes -183,232 3,058,460 -5.65 3.69 -676,126 11,285,717
2013-12-12 2013-12-10 4 KOPN KOPIN CORP
Common Stock 		F - Taxes -178,181 3,063,511 -5.50 3.69 -657,488 11,304,356
2013-05-13 2013-05-09 4 KOPN KOPIN CORP
Common Stock 		A - Award 600,000 3,241,692 22.71
2013-05-13 2012-03-23 4/A KOPN KOPIN CORP
Common Stock 		P - Purchase 51,000 2,746,200 1.89 3.49 177,990 9,584,238
2012-12-11 2012-12-10 4 KOPN KOPIN CORP
Common Stock 		F - Taxes -104,508 2,643,492 -3.80 3.13 -327,110 8,274,130
2012-03-27 2012-03-26 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 1,800 2,748,000 0.07 3.74 6,732 10,277,520
2012-03-27 2012-03-23 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 51,000 2,746,200 1.89 3.49 177,990 9,584,238
2012-03-22 2012-03-22 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 24,500 2,695,200 0.92 3.54 86,730 9,541,008
2012-03-22 2012-03-21 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 14,000 2,670,700 0.53 3.52 49,280 9,400,864
2012-03-22 2012-03-20 4 KOPN KOPIN CORP
Common Stock 		P - Purchase 10,500 2,656,700 0.40 3.48 36,540 9,245,316
2012-03-19 2012-03-15 4 KOPN KOPIN CORP
Common Stock 		F - Taxes -4,210 2,646,200 -0.16 3.49 -14,693 9,235,238
2012-03-19 2012-03-15 4 KOPN KOPIN CORP
Common Stock 		D - Sale to Issuer -18,545 2,650,410 -0.69
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)