SB Financial Group, Inc.
US ˙ NasdaqCM ˙ US78408D1054

Introduction

This page provides a comprehensive analysis of the known insider trading history of Mark A Klein. 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

See the list of most profitable insider traders.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate Mark A Klein has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:SBFG / SB Financial Group, Inc. CHAIRMAN, PRESIDENT, CEO 106,567
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Mark A Klein. 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 SBFG / SB Financial Group, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SBFG / SB Financial Group, 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 (%)
2025-06-20 SBFG KLEIN MARK A 100 17.5500 100 17.5500 1,755 77 22.1000 455 25.93
2024-02-29 SBFG KLEIN MARK A 131 13.9000 131 13.9000 1,821
2023-05-12 SBFG KLEIN MARK A 500 11.9000 500 11.9000 5,950
2023-04-10 SBFG KLEIN MARK A 117 14.1100 117 14.1100 1,651
2023-03-15 SBFG KLEIN MARK A 500 14.8299 500 14.8299 7,415
2020-09-22 SBFG KLEIN MARK A 200 12.7699 210 12.1618 2,554
2020-08-03 SBFG KLEIN MARK A 100 12.3900 105 11.8000 1,239
2020-06-05 SBFG KLEIN MARK A 250 15.7000 262 14.9524 3,925
2020-03-19 SBFG KLEIN MARK A 200 10.7300 210 10.2190 2,146
2019-08-14 SBFG KLEIN MARK A 100 16.3000 105 15.5238 1,630
2019-08-14 SBFG KLEIN MARK A 100 16.0500 105 15.2857 1,605
2019-08-14 SBFG KLEIN MARK A 100 16.0000 105 15.2381 1,600
2019-06-11 SBFG KLEIN MARK A 1,000 17.0500 1,050 16.2381 17,050
2018-12-19 SBFG KLEIN MARK A 1,000 17.2500 1,050 16.4286 17,250
2018-02-13 SBFG KLEIN MARK A 4,166 18.0000 4,374 17.1429 74,988
2016-06-20 SBFG KLEIN MARK A 180 12.4200 189 11.8286 2,236
2016-02-09 SBFG KLEIN MARK A 500 10.0300 525 9.5524 5,015
2015-12-28 SBFG KLEIN MARK A 600 11.3200 630 10.7810 6,792
2015-12-21 SBFG KLEIN MARK A 65 11.2400 68 10.7048 731
2015-12-04 SBFG KLEIN MARK A 100 11.4499 105 10.9047 1,145
2015-09-14 SBFG KLEIN MARK A 1,000 10.0000 1,050 9.5238 10,000
2014-12-22 SBFG KLEIN MARK A 10,070 10.0000 10,574 9.5238 100,700
2013-12-20 SBFG KLEIN MARK A 627 8.0000 658 7.6190 5,016
2013-12-19 SBFG KLEIN MARK A 273 8.0000 287 7.6190 2,184
2013-12-18 SBFG KLEIN MARK A 100 8.0000 105 7.6190 800
2013-09-16 SBFG KLEIN MARK A 250 7.7500 262 7.3810 1,938
2013-08-09 SBFG KLEIN MARK A 500 7.8600 525 7.4857 3,930
2013-07-29 SBFG KLEIN MARK A 200 7.9420 210 7.5638 1,588
2013-06-13 SBFG KLEIN MARK A 100 8.1000 105 7.7143 810
2013-06-11 SBFG KLEIN MARK A 50 8.1000 52 7.7143 405
2013-02-25 RBNF KLEIN MARK A 150 7.8200 158 7.4476 1,173
2013-02-05 RBNF KLEIN MARK A 3,000 0.0000 3,150 0.0000 0
2012-12-17 RBNF KLEIN MARK A 500 6.6899 525 6.3713 3,345
2012-09-10 RBNF KLEIN MARK A 100 6.9400 105 6.6095 694

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

SBFG / SB Financial Group, Inc. Insider Trades
Insider Sales SBFG / SB Financial Group, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SBFG / SB Financial Group, 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 (%)
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.

SBFG / SB Financial Group, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Mark A Klein 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
2025-06-20 2025-06-20 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 106,567 0.09 17.55 1,755 1,870,251
2025-02-07 2025-02-05 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		F - Taxes -1,364 7,293 -15.76 23.43 -31,959 170,875
2025-02-07 2025-02-05 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		A - Award 1,840 11,840 18.40
2024-11-25 2024-11-25 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		G - Gift -100 104,340 -0.10
2024-03-04 2024-02-29 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 131 104,440 0.13 13.90 1,821 1,451,716
2024-02-08 2024-02-05 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		F - Taxes -1,056 10,000 -9.55 15.71 -16,590 157,100
2024-02-08 2024-02-05 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		A - Award 3,436 11,056 45.09
2023-11-28 2023-11-27 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		G - Gift -100 97,490 -0.10
2023-08-18 2023-02-03 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		A - Award 2,752 10,787 34.25 16.52 45,463 178,201
2023-05-12 2023-05-12 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 500 98,090 0.51 11.90 5,950 1,167,271
2023-04-12 2023-04-10 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 117 97,590 0.12 14.11 1,651 1,376,995
2023-03-17 2023-03-15 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 500 97,473 0.52 14.83 7,415 1,445,515
2020-09-23 2020-09-22 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 200 69,315 0.29 12.77 2,554 885,146
2020-08-04 2020-08-03 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 69,115 0.14 12.39 1,239 856,335
2020-06-08 2020-06-05 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 250 69,015 0.36 15.70 3,925 1,083,536
2020-03-19 2020-03-19 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 200 68,765 0.29 10.73 2,146 737,848
2020-02-13 2020-02-12 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		M - Exercise 5,000 68,565 7.87 6.98 34,900 478,584
2020-02-11 2020-02-05 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		M - Exercise 4,164 7,808 114.27 19.70 82,031 153,818
2020-02-11 2020-02-05 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		A - Award 2,140 11,972 21.77 19.70 42,158 235,848
2019-12-30 2019-12-26 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		C - Conversion -10,250 0 -100.00
2019-12-30 2019-12-26 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		C - Conversion 10,156 45,484 28.75
2019-12-20 2019-12-17 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		M - Exercise 5,000 31,162 19.11 6.98 34,900 217,511
2019-08-14 2019-08-14 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 13,918 0.72 16.00 1,600 222,688
2019-08-14 2019-08-14 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 13,818 0.73 16.05 1,605 221,779
2019-08-14 2019-08-14 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 13,718 0.73 16.30 1,630 223,603
2019-06-13 2019-06-11 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 1,000 13,618 7.93 17.05 17,050 232,187
2018-12-21 2018-12-19 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 1,000 12,618 8.61 17.25 17,250 217,660
2018-06-12 2018-06-11 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		M - Exercise 5,000 27,477 22.24 6.98 34,900 191,789
2018-02-16 2018-02-13 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 4,166 23,209 21.88 18.00 74,988 417,762
2016-12-21 2016-12-21 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		M - Exercise 5,000 17,553 39.83 11.50 57,500 201,860
2016-12-21 2016-12-19 4 SBFG SB FINANCIAL GROUP, INC.
EMPLOYEE STOCK OPTION (RIGHT TO BUY) 		M - Exercise -5,000 0 -100.00
2016-12-21 2016-12-19 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		D - Sale to Issuer -3,616 13,937 -20.60 15.90 -57,494 221,598
2016-06-21 2016-06-20 4 SBFG SB FINANCIAL GROUP, INC.
DEPOSITARY SHARES 		P - Purchase 180 10,250 1.79 12.42 2,236 127,305
2016-02-10 2016-02-09 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 500 12,553 4.15 10.03 5,015 125,907
2015-12-28 2015-12-28 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 600 11,818 5.35 11.32 6,792 133,780
2015-12-21 2015-12-21 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 65 11,218 0.58 11.24 731 126,090
2015-12-04 2015-12-04 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 11,153 0.90 11.45 1,145 127,701
2015-09-14 2015-09-14 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 10,153 0.99 10.00 1,000 101,530
2015-09-14 2015-09-14 4/A SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 1,000 11,053 9.95 10.00 10,000 110,530
2014-12-24 2014-12-22 4 SBFG SB FINANCIAL GROUP, INC.
DEPOSITARY SHARES 		P - Purchase 10,070 10,070 10.00 100,700 100,700
2013-12-20 2013-12-20 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 627 10,053 6.65 8.00 5,016 80,424
2013-12-20 2013-12-19 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 273 9,426 2.98 8.00 2,184 75,408
2013-12-19 2013-12-18 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 9,153 1.10 8.00 800 73,224
2013-09-16 2013-09-16 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 250 9,053 2.84 7.75 1,938 70,161
2013-08-09 2013-08-09 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 500 8,803 6.02 7.86 3,930 69,192
2013-07-29 2013-07-29 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 200 8,303 2.47 7.94 1,588 65,942
2013-06-13 2013-06-13 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 100 8,103 1.25 8.10 810 65,634
2013-06-13 2013-06-11 4 SBFG SB FINANCIAL GROUP, INC.
COMMON STOCK 		P - Purchase 50 8,003 0.63 8.10 405 64,824
2013-03-18 2013-02-05 4 RBNF RURBAN FINANCIAL CORP
COMMON STOCK 		P - Purchase 3,000 3,000
2013-02-25 2013-02-25 4 RBNF RURBAN FINANCIAL CORP
COMMON STOCK 		P - Purchase 150 7,953 1.92 7.82 1,173 62,192
2012-12-19 2012-12-17 4 RBNF RURBAN FINANCIAL CORP
COMMON STOCK 		P - Purchase 500 7,803 6.85 6.69 3,345 52,201
2012-09-11 2012-09-10 4 RBNF RURBAN FINANCIAL CORP
COMMON STOCK 		P - Purchase 100 7,303 1.39 6.94 694 50,683
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)