Introduction

This page provides a comprehensive analysis of the known insider trading history of David C Kloeppel. 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 David C Kloeppel has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
Director 209,034
US:RHP / Ryman Hospitality Properties, Inc. President & COO 14,500
US:FCH / FelCor Lodging Trust, Inc. Director 3,200
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 C Kloeppel. 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 Trading History

This table shows the complete list of insider trades made by David C Kloeppel 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
2019-06-06 2019-05-31 4 AAC AAC Holdings, Inc.
Common Stock 		D - Sale to Issuer -45,454 209,034 -17.86
2019-04-26 2019-04-24 4 AAC AAC Holdings, Inc.
Common Stock 		A - Award 45,454 254,488 21.74
2019-04-26 2019-04-24 4 AAC AAC Holdings, Inc.
Common Stock 		A - Award 45,454 254,488 21.74
2018-04-06 2018-04-05 4 AAC AAC Holdings, Inc.
Common Stock 		A - Award 7,500 163,580 4.81
2018-04-03 2018-04-02 4 AAC AAC Holdings, Inc.
Common Stock 		S - Sale X -5,000 156,080 -3.10 11.32 -56,600 1,766,826
2018-03-15 2018-03-15 4 AAC AAC Holdings, Inc.
Common Stock 		S - Sale X -5,000 161,080 -3.01 12.02 -60,100 1,936,182
2018-02-28 2018-02-26 4 AAC AAC Holdings, Inc.
Common Stock 		S - Sale X -5,000 166,080 -2.92 9.50 -47,500 1,577,760
2018-01-30 2018-01-29 4 AAC AAC Holdings, Inc.
Common Stock 		S - Sale X -10,000 202,580 -4.70 9.50 -95,000 1,924,510
2017-03-10 2017-03-09 4 AAC AAC Holdings, Inc.
Common Stock 		A - Award 8,000 212,580 3.91
2016-06-16 2016-06-14 4 AAC AAC Holdings, Inc.
Common Stock 		S - Sale -700 204,580 -0.34 20.01 -14,007 4,093,646
2016-01-15 2016-01-13 4 AAC AAC Holdings, Inc.
Common Stock 		A - Award 6,000 205,280 3.01
2015-01-12 2015-01-08 4 AAC AAC Holdings, Inc.
Common Stock 		A - Award 2,544 199,280 1.29
2014-10-09 2014-10-07 4 AAC AAC Holdings, Inc.
Common Stock 		P - Purchase 25,000 25,000 15.00 375,000 375,000
2014-10-01 3 AAC AAC Holdings, Inc.
Common Stock 		393,472
2014-10-01 3 AAC AAC Holdings, Inc.
Common Stock 		393,472
2012-10-19 2012-10-17 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -1,500 14,500 -9.38 40.77 -61,150 591,117
2012-10-17 2012-10-16 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -2,900 16,000 -15.34 40.56 -117,622 648,949
2012-10-17 2012-10-15 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -600 18,900 -3.08 40.50 -24,300 765,450
2012-10-15 2012-10-12 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -500 19,500 -2.50 40.50 -20,250 789,750
2012-10-15 2012-10-11 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -10,000 20,000 -33.33 40.56 -405,632 811,264
2012-10-09 2012-10-05 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -11,200 30,000 -27.18 40.65 -455,280 1,219,500
2012-10-05 2012-10-04 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -3,800 41,200 -8.44 40.71 -154,683 1,677,087
2012-10-05 2012-10-03 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -11,300 45,000 -20.07 40.57 -458,432 1,825,614
2012-10-03 2012-10-02 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -768 56,300 -1.35 40.50 -31,104 2,280,150
2012-10-03 2012-10-01 4 RHP Ryman Hospitality Properties, Inc.
Common Stock 		S - Sale -11,032 57,068 -16.20 40.47 -446,432 2,309,371
2012-09-28 2012-09-27 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		S - Sale -42,822 68,100 -38.61 39.23 -1,679,736 2,671,291
2012-09-28 2012-09-26 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		S - Sale -2,200 113,122 -1.91 38.82 -85,402 4,391,283
2012-06-25 2012-06-22 4 GET GAYLORD ENTERTAINMENT CO /DE
Restricted Stock Units 		M - Exercise -10,875 10,875 -50.00
2012-06-25 2012-06-22 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		F - Taxes -3,964 113,122 -3.39 37.74 -149,601 4,269,224
2012-06-25 2012-06-22 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		M - Exercise 10,875 117,086 10.24
2012-02-15 2012-02-13 4 GET GAYLORD ENTERTAINMENT CO /DE
Restricted Stock Units 		M - Exercise -37,500 18,750 -66.67 29.57 -1,108,875 554,438
2012-02-15 2012-02-13 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		F - Taxes -12,438 106,211 -10.48 29.57 -367,792 3,140,659
2012-02-15 2012-02-13 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		M - Exercise 37,500 118,649 46.21 29.57 1,108,875 3,508,451
2012-02-15 2012-02-08 4/A GET GAYLORD ENTERTAINMENT CO /DE
Stock Option (right to buy) 		A - Award 20,000 20,000
2012-02-13 2012-02-10 4 GET GAYLORD ENTERTAINMENT CO /DE
Stock Options (Right to Buy) 		M - Exercise -20,000 0 -100.00
2012-02-13 2012-02-10 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		F - Taxes -16,727 81,149 -17.09 29.52 -493,781 2,395,518
2012-02-13 2012-02-10 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		M - Exercise 20,000 0 -100.00 22.95 459,000
2012-02-10 2012-02-08 4 GET GAYLORD ENTERTAINMENT CO /DE
Restricted Stock Unit 		A - Award 15,000 15,000
2012-02-10 2012-02-08 4 GET GAYLORD ENTERTAINMENT CO /DE
Restricted Stock Unit 		A - Award 15,000 15,000
2012-02-10 2012-02-08 4 GET GAYLORD ENTERTAINMENT CO /DE
Stock Option (right to buy) 		A - Award 20,000 20,000
2012-02-10 2012-02-08 4/A GET GAYLORD ENTERTAINMENT CO /DE
Restricted Stock Unit 		A - Award 15,000 15,000
2012-02-10 2012-02-08 4/A GET GAYLORD ENTERTAINMENT CO /DE
Restricted Stock Unit 		A - Award 15,000 15,000
2012-02-10 2012-02-08 4/A GET GAYLORD ENTERTAINMENT CO /DE
Stock Option (right to buy) 		A - Award 20,000 20,000
2012-02-07 2012-02-03 4 GET GAYLORD ENTERTAINMENT CO /DE
Restricted Stock Units 		M - Exercise -17,500 17,500 -50.00 28.69 -502,075 502,075
2012-02-07 2012-02-03 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		F - Taxes -4,711 77,876 -5.70 28.69 -135,159 2,234,262
2012-02-07 2012-02-03 4 GET GAYLORD ENTERTAINMENT CO /DE
Common Stock 		M - Exercise 17,500 82,587 26.89 28.69 502,075 2,369,421
2007-03-02 2007-02-28 4 FCH FelCor Lodging Trust Inc
Common Stock 		A - Award 3,200 3,200
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)