Tri Pointe Homes, Inc.
US ˙ NYSE ˙ US87265H1095

Introduction

This page provides a comprehensive analysis of the known insider trading history of Grubbs Michael D.. 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 Grubbs Michael D. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:TPH / Tri Pointe Homes, Inc. CFO and Treasurer 94,056
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Grubbs Michael D.. 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 TPH / Tri Pointe Homes, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in TPH / Tri Pointe Homes, 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.

TPH / Tri Pointe Homes, Inc. Insider Trades
Insider Sales TPH / Tri Pointe Homes, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in TPH / Tri Pointe Homes, 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 (%)
2018-05-25 TPH GRUBBS MICHAEL D. 48,436 17.6200 48,436 17.6200 853,442 213 10.5800 -340,989 -39.95
2018-05-25 TPH GRUBBS MICHAEL D. 51,564 17.6200 51,564 17.6200 908,558
2017-10-31 TPH GRUBBS MICHAEL D. 250,000 17.5400 250,000 17.5400 4,385,000

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

TPH / Tri Pointe Homes, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Grubbs Michael D. 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
2019-03-05 2019-03-01 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -4,834 94,056 -4.89 12.53 -60,570 1,178,522
2019-03-01 2019-02-28 4 TPH TRI Pointe Group, Inc.
Common Stock 		A - Award 38,095 98,890 62.66 12.60 479,997 1,246,014
2019-03-01 2019-02-27 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -4,572 60,795 -6.99 13.05 -59,665 793,375
2019-02-25 2019-02-22 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -3,397 65,367 -4.94 13.43 -45,622 877,879
2018-05-30 2018-05-25 4 TPH TRI Pointe Group, Inc.
Common Stock 		S - Sale -51,564 68,764 -42.85 17.62 -908,558 1,211,622
2018-05-30 2018-05-25 4 TPH TRI Pointe Group, Inc.
Common Stock 		S - Sale -48,436 197,149 -19.72 17.62 -853,442 3,473,765
2018-03-05 2018-03-01 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -6,857 120,328 -5.39 15.51 -106,352 1,866,287
2018-03-01 2018-02-27 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -6,590 127,185 -4.93 15.97 -105,242 2,031,144
2018-02-23 2018-02-22 4 TPH TRI Pointe Group, Inc.
Common Stock 		A - Award 28,335 133,775 26.87
2018-02-20 2018-02-15 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -17,619 105,440 -14.32 17.35 -305,690 1,829,384
2018-02-20 2018-02-15 4 TPH TRI Pointe Group, Inc.
Common Stock 		A - Award 50,743 123,059 70.17
2017-10-31 2017-10-31 4 TPH TRI Pointe Group, Inc.
Common Stock 		S - Sale -250,000 245,585 -50.45 17.54 -4,385,000 4,307,561
2017-10-20 2017-10-19 4 TPH TRI Pointe Group, Inc.
Common Stock 		S - Sale X -214,225 495,585 -30.18 15.03 -3,219,802 7,448,643
2017-10-20 2017-10-18 4 TPH TRI Pointe Group, Inc.
Common Stock 		S - Sale X -61,055 709,810 -7.92 15.00 -915,825 10,647,150
2017-10-20 2017-10-18 4 TPH TRI Pointe Group, Inc.
Common Stock 		S - Sale X -24,720 163,828 -13.11 15.00 -370,800 2,457,420
2017-04-12 2017-04-07 4/A TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -5,109 188,548 -2.64 12.14 -62,023 2,288,973
2017-04-10 2017-04-07 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -3,680 189,977 -1.90 12.14 -44,675 2,306,321
2017-03-02 2017-03-01 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -5,384 193,657 -2.70 12.31 -66,277 2,383,918
2017-02-28 2017-02-27 4 TPH TRI Pointe Group, Inc.
Common Stock 		A - Award 39,669 199,041 24.89 12.10 479,995 2,408,396
2016-04-11 2016-04-07 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -3,607 159,372 -2.21 11.63 -41,949 1,853,496
2016-03-03 2016-03-01 4 TPH TRI Pointe Group, Inc.
Common Stock 		A - Award 41,944 162,979 34.65 10.49 439,993 1,709,650
2016-02-02 2016-01-30 4 TPH TRI Pointe Group, Inc.
Common Stock 		F - Taxes -3,084 121,035 -2.48 10.54 -32,505 1,275,709
2015-07-02 2015-07-01 4 TPH TRI Pointe Homes, Inc.
Common Stock 		S - Sale X -45,000 770,865 -5.52 15.22 -684,900 11,732,565
2015-06-26 2015-06-24 4 TPH TRI Pointe Homes, Inc.
Common Stock 		S - Sale X -45,000 815,865 -5.23 16.00 -720,000 13,053,840
2015-04-13 2015-04-08 4 TPH TRI Pointe Homes, Inc.
Common Stock 		F - Taxes -3,630 124,119 -2.84 15.11 -54,849 1,875,438
2015-04-03 2015-04-01 4 TPH TRI Pointe Homes, Inc.
Common Stock 		S - Sale X -45,000 860,865 -4.97 15.21 -684,450 13,093,757
2015-03-24 2015-03-24 4 TPH TRI Pointe Homes, Inc.
Common Stock 		S - Sale X -13,897 0 -100.00 15.25 -211,929
2015-03-24 2015-03-23 4 TPH TRI Pointe Homes, Inc.
Common Stock 		S - Sale X -14,303 13,897 -50.72 15.15 -216,690 210,540
2015-03-24 2015-03-20 4 TPH TRI Pointe Homes, Inc.
Common Stock 		S - Sale X -19,428 28,200 -40.79 15.25 -296,277 430,050
2015-03-24 2015-03-20 4 TPH TRI Pointe Homes, Inc.
Common Stock 		S - Sale X -36,983 905,865 -3.92 15.28 -565,100 13,841,617
2015-03-24 2015-03-20 4 TPH TRI Pointe Homes, Inc.
Common Stock 		S - Sale X -8,017 127,749 -5.91 15.28 -122,500 1,952,005
2015-03-11 2015-03-09 4 TPH TRI Pointe Homes, Inc.
Common Stock 		A - Award 91,512 1,036,933 9.68 14.57 1,333,330 15,108,114
2015-03-11 2015-03-09 4/A TPH TRI Pointe Homes, Inc.
Common Stock 		A - Award 91,512 135,766 206.79 14.57 1,333,330 1,978,111
2015-02-03 2015-01-30 4 TPH TRI Pointe Homes, Inc.
Common Stock 		F - Taxes -2,885 945,421 -0.30 14.33 -41,342 13,547,883
2014-04-09 2014-04-07 4 TPH TRI Pointe Homes, Inc.
Stock Option (Right to Buy) 		A - Award 50,211 50,211
2014-04-09 2014-04-07 4 TPH TRI Pointe Homes, Inc.
Common Stock 		A - Award 29,375 948,306 3.20
2014-02-03 2014-01-30 4 TPH TRI Pointe Homes, Inc.
Common Stock 		F - Taxes -2,824 918,931 -0.31 17.70 -49,985 16,265,079
2013-02-19 2013-02-14 4 TPH TRI Pointe Homes, Inc.
Common Stock 		J - Other -799 47,628 -1.65
2013-02-19 2013-02-14 4 TPH TRI Pointe Homes, Inc.
Common Stock 		J - Other -700 41,681 -1.65
2013-02-19 2013-02-14 4 TPH TRI Pointe Homes, Inc.
Common Stock 		J - Other 105,784 921,755 12.96
2013-02-01 2013-01-30 4 TPH TRI Pointe Homes, Inc.
Stock Option (Right to Buy) 		A - Award 94,067 94,067
2013-02-01 2013-01-30 4 TPH TRI Pointe Homes, Inc.
Common Stock 		A - Award 20,588 906,779 2.32
2013-01-30 3 TPH TRI Pointe Homes, Inc.
Common Stock 		795,383
2013-01-30 3 TPH TRI Pointe Homes, Inc.
Common Stock 		42,381
2013-01-30 3 TPH TRI Pointe Homes, Inc.
Common Stock 		48,427
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)