Thomas C Gilliland - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Thomas C Gilliland. 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 Thomas C Gilliland 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 Thomas C Gilliland. 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 UCB / United Community Banks, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in UCB / United Community Banks, 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 (%)
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.

Insider Sales UCB / United Community Banks, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in UCB / United Community Banks, 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 (%)
2007-09-17	UCBI	GILLILAND THOMAS C	5,000	24.6000	5,000	24.6000	123,000	731
2007-09-14	UCBI	GILLILAND THOMAS C	5,000	24.2000	5,000	24.2000	121,000
2007-09-14	UCBI	GILLILAND THOMAS C	5,000	24.4000	5,000	24.4000	122,000
2007-09-13	UCBI	GILLILAND THOMAS C	2,000	23.7500	2,000	23.7500	47,500
2007-09-13	UCBI	GILLILAND THOMAS C	2,000	23.8000	2,000	23.8000	47,600
2007-09-13	UCBI	GILLILAND THOMAS C	2,000	23.8500	2,000	23.8500	47,700
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	23.8700	1,000	23.8700	23,870
2007-09-13	UCBI	GILLILAND THOMAS C	4,000	23.9000	4,000	23.9000	95,600
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	23.9100	1,000	23.9100	23,910
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	23.9300	1,000	23.9300	23,930
2007-09-13	UCBI	GILLILAND THOMAS C	2,000	23.9500	2,000	23.9500	47,900
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	23.9800	1,000	23.9800	23,980
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	24.0500	1,000	24.0500	24,050
2007-09-13	UCBI	GILLILAND THOMAS C	3,000	24.0700	3,000	24.0700	72,210
2007-09-13	UCBI	GILLILAND THOMAS C	2,000	24.0900	2,000	24.0900	48,180
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	24.1000	1,000	24.1000	24,100
2007-09-13	UCBI	GILLILAND THOMAS C	2,000	24.1100	2,000	24.1100	48,220
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	24.1200	1,000	24.1200	24,120
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	24.1600	1,000	24.1600	24,160
2007-09-13	UCBI	GILLILAND THOMAS C	5,904	24.1800	5,904	24.1800	142,759
2007-09-13	UCBI	GILLILAND THOMAS C	1,000	23.8725	1,000	23.8725	23,872
2007-09-13	UCBI	GILLILAND THOMAS C	5,000	24.1560	5,000	24.1560	120,780
2007-09-12	UCBI	GILLILAND THOMAS C	1,000	23.7000	1,000	23.7000	23,700
2007-09-12	UCBI	GILLILAND THOMAS C	1,000	23.6500	1,000	23.6500	23,650
2007-08-22	UCBI	GILLILAND THOMAS C	1,414	26.8000	1,414	26.8000	37,895
2007-08-22	UCBI	GILLILAND THOMAS C	1,000	26.7500	1,000	26.7500	26,750
2007-08-22	UCBI	GILLILAND THOMAS C	1,000	26.8601	1,000	26.8601	26,860
2007-08-22	UCBI	GILLILAND THOMAS C	1,000	26.9010	1,000	26.9010	26,901
2007-08-22	UCBI	GILLILAND THOMAS C	1,000	26.8801	1,000	26.8801	26,880
2007-08-22	UCBI	GILLILAND THOMAS C	3,000	26.9000	3,000	26.9000	80,700
2007-08-20	UCBI	GILLILAND THOMAS C	5,000	25.6536	5,000	25.6536	128,268
2007-08-16	UCBI	GILLILAND THOMAS C	1,000	24.6520	1,000	24.6520	24,652
2007-08-16	UCBI	GILLILAND THOMAS C	1,000	24.8400	1,000	24.8400	24,840
2007-08-15	UCBI	GILLILAND THOMAS C	100	23.9200	100	23.9200	2,392
2007-08-15	UCBI	GILLILAND THOMAS C	900	23.9000	900	23.9000	21,510
2007-08-14	UCBI	GILLILAND THOMAS C	1,000	23.6001	1,000	23.6001	23,600
2007-08-14	UCBI	GILLILAND THOMAS C	5,000	23.5900	5,000	23.5900	117,950
2007-08-13	UCBI	GILLILAND THOMAS C	1,000	25.3520	1,000	25.3520	25,352
2007-08-08	UCBI	GILLILAND THOMAS C	1,250	23.8000	1,250	23.8000	29,750
2007-08-08	UCBI	GILLILAND THOMAS C	1,250	24.7500	1,250	24.7500	30,938
2007-08-08	UCBI	GILLILAND THOMAS C	1,250	25.1016	1,250	25.1016	31,377
2007-08-07	UCBI	GILLILAND THOMAS C	1,250	23.5000	1,250	23.5000	29,375
2007-07-30	UCBI	GILLILAND THOMAS C	465	23.6106	465	23.6106	10,979
2007-07-30	UCBI	GILLILAND THOMAS C	4,535	23.5085	4,535	23.5085	106,611
2007-05-21	UCBI	GILLILAND THOMAS C	2,200	29.6900	2,200	29.6900	65,318
2007-05-21	UCBI	GILLILAND THOMAS C	700	29.7100	700	29.7100	20,797
2007-05-21	UCBI	GILLILAND THOMAS C	100	29.7000	100	29.7000	2,970
2006-06-05	UCBI	GILLILAND THOMAS C	3,000	29.5700	3,000	29.5700	88,710

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 Thomas C Gilliland as disclosed to the Securities Exchange Commission (SEC).