Edward F Jankowski - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Edward F Jankowski. 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 Edward F Jankowski 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 Edward F Jankowski. 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 INDB / Independent Bank Corp. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in INDB / Independent Bank Corp.. 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 INDB / Independent Bank Corp. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in INDB / Independent Bank Corp.. 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 (%)
2013-07-25	INDB	JANKOWSKI EDWARD F	5,500	37.2500	5,500	37.2500	204,875	209	34.6600	-14,245	-6.95
2013-07-24	INDB	JANKOWSKI EDWARD F	3,000	37.5600	3,000	37.5600	112,680
2013-07-19	INDB	JANKOWSKI EDWARD F	976	37.3500	976	37.3500	36,454
2013-06-04	INDB	JANKOWSKI EDWARD F	5,650	33.4400	5,650	33.4400	188,936
2013-05-23	INDB	JANKOWSKI EDWARD F	4,235	32.5300	4,235	32.5300	137,765
2012-02-03	INDB	JANKOWSKI EDWARD F	200	29.0200	200	29.0200	5,804
2012-02-03	INDB	JANKOWSKI EDWARD F	100	29.0250	100	29.0250	2,902
2012-02-03	INDB	JANKOWSKI EDWARD F	200	29.0300	200	29.0300	5,806
2012-02-03	INDB	JANKOWSKI EDWARD F	1,007	29.0400	1,007	29.0400	29,243
2012-02-03	INDB	JANKOWSKI EDWARD F	100	29.0500	100	29.0500	2,905
2012-02-03	INDB	JANKOWSKI EDWARD F	100	29.0600	100	29.0600	2,906
2012-02-03	INDB	JANKOWSKI EDWARD F	300	29.0800	300	29.0800	8,724
2012-02-03	INDB	JANKOWSKI EDWARD F	299	29.1100	299	29.1100	8,704
2012-02-03	INDB	JANKOWSKI EDWARD F	100	29.1300	100	29.1300	2,913
2012-02-03	INDB	JANKOWSKI EDWARD F	200	29.1400	200	29.1400	5,828
2012-02-03	INDB	JANKOWSKI EDWARD F	300	29.1800	300	29.1800	8,754
2012-02-03	INDB	JANKOWSKI EDWARD F	800	29.1900	800	29.1900	23,352
2012-02-03	INDB	JANKOWSKI EDWARD F	100	29.2000	100	29.2000	2,920
2012-02-03	INDB	JANKOWSKI EDWARD F	100	29.2100	100	29.2100	2,921
2012-02-03	INDB	JANKOWSKI EDWARD F	200	29.2200	200	29.2200	5,844
2012-02-03	INDB	JANKOWSKI EDWARD F	44	29.2300	44	29.2300	1,286
2012-02-03	INDB	JANKOWSKI EDWARD F	136	29.2400	136	29.2400	3,977
2012-02-03	INDB	JANKOWSKI EDWARD F	700	29.2500	700	29.2500	20,475
2012-02-03	INDB	JANKOWSKI EDWARD F	500	29.2600	500	29.2600	14,630
2012-02-03	INDB	JANKOWSKI EDWARD F	100	29.2700	100	29.2700	2,927
2012-02-03	INDB	JANKOWSKI EDWARD F	264	29.2800	264	29.2800	7,730
2012-02-03	INDB	JANKOWSKI EDWARD F	200	29.3200	200	29.3200	5,864
2012-02-03	INDB	JANKOWSKI EDWARD F	100	29.3600	100	29.3600	2,936

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 Edward F Jankowski as disclosed to the Securities Exchange Commission (SEC).