David H Hannah - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of David H Hannah. 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 David H Hannah 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 David H Hannah. 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 BCC / Boise Cascade Company - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BCC / Boise Cascade Company. 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 BCC / Boise Cascade Company - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BCC / Boise Cascade Company. 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.

Insider Purchases RS / Reliance, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BCC / Boise Cascade Company. 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 RS / Reliance, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BCC / Boise Cascade Company. 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 (%)
2018-11-21	RS	HANNAH DAVID H	28,080	80.0000	28,080	80.0000	2,246,400	33	69.4700	-295,682	-13.16
2018-08-01	RS	HANNAH DAVID H	25,000	90.0400	25,000	90.0400	2,251,000
2017-03-01	RS	HANNAH DAVID H	25,000	87.3100	25,000	87.3100	2,182,750
2016-08-10	RS	HANNAH DAVID H	8,000	75.5800	8,000	75.5800	604,640
2016-07-29	RS	HANNAH DAVID H	4,782	79.0600	4,782	79.0600	378,065
2016-07-27	RS	HANNAH DAVID H	31,809	77.0200	31,809	77.0200	2,449,929
2016-07-27	RS	HANNAH DAVID H	191	77.5700	191	77.5700	14,816
2016-05-25	RS	HANNAH DAVID H	30,000	73.8100	30,000	73.8100	2,214,300
2016-04-28	RS	HANNAH DAVID H	30,000	74.1400	30,000	74.1400	2,224,200
2016-04-25	RS	HANNAH DAVID H	30,000	71.3800	30,000	71.3800	2,141,400
2016-04-25	RS	HANNAH DAVID H	5,917	71.4000	5,917	71.4000	422,474
2016-03-03	RS	HANNAH DAVID H	34,143	65.3700	34,143	65.3700	2,231,928
2016-03-03	RS	HANNAH DAVID H	5,857	66.1300	5,857	66.1300	387,323
2016-03-02	RS	HANNAH DAVID H	23,400	64.4300	23,400	64.4300	1,507,662
2016-03-02	RS	HANNAH DAVID H	16,600	65.6300	16,600	65.6300	1,089,458
2015-11-02	RS	HANNAH DAVID H	35,000	61.4300	35,000	61.4300	2,150,050
2015-08-11	RS	HANNAH DAVID H	8,000	61.1600	8,000	61.1600	489,280
2015-08-04	RS	HANNAH DAVID H	4,000	61.0300	4,000	61.0300	244,120
2015-05-11	RS	HANNAH DAVID H	25,000	66.2800	25,000	66.2800	1,657,000
2015-04-30	RS	HANNAH DAVID H	10,933	64.7100	10,933	64.7100	707,474
2014-08-26	RS	HANNAH DAVID H	25,000	70.1600	25,000	70.1600	1,754,000
2014-08-14	RS	HANNAH DAVID H	1,907	68.6100	1,907	68.6100	130,839
2014-08-12	RS	HANNAH DAVID H	8,000	68.0000	8,000	68.0000	544,000
2014-08-05	RS	HANNAH DAVID H	2,093	67.4800	2,093	67.4800	141,236
2014-05-19	RS	HANNAH DAVID H	25,000	72.1800	25,000	72.1800	1,804,500
2014-05-01	RS	HANNAH DAVID H	25,000	71.1900	25,000	71.1900	1,779,750
2014-04-29	RS	HANNAH DAVID H	25,000	70.7100	25,000	70.7100	1,767,750
2013-11-05	RS	HANNAH DAVID H	20,000	74.5600	20,000	74.5600	1,491,200
2013-08-09	RS	HANNAH DAVID H	8,000	70.1400	8,000	70.1400	561,120
2013-08-06	RS	HANNAH DAVID H	50,000	69.7000	50,000	69.7000	3,485,000
2013-08-02	RS	HANNAH DAVID H	4,000	70.8800	4,000	70.8800	283,520
2013-05-02	RS	HANNAH DAVID H	50,000	64.2600	50,000	64.2600	3,213,000
2012-11-14	RS	HANNAH DAVID H	6,073	54.8900	6,073	54.8900	333,347
2012-08-09	RS	HANNAH DAVID H	8,000	53.1500	8,000	53.1500	425,200
2012-08-02	RS	HANNAH DAVID H	1,927	50.0500	1,927	50.0500	96,446
2012-05-01	RS	HANNAH DAVID H	43,782	56.6400	43,782	56.6400	2,479,812
2012-05-01	RS	HANNAH DAVID H	6,218	57.2100	6,218	57.2100	355,732

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 David H Hannah as disclosed to the Securities Exchange Commission (SEC).