Introduction

This page provides a comprehensive analysis of the known insider trading history of Frank Koretsky. 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.

Companies with Reported Insider Positions

The SEC filings indicate Frank Koretsky has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:CLSH / CLS Holdings USA, Inc. 10% Owner 80,027,062
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Frank Koretsky. 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 Frank Koretsky 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
2024-10-03 2024-09-18 4 CLSH CLS Holdings USA, Inc.
Common Stock
P - Purchase 56,847,545 80,027,062 245.25 0.04 2,200,000 3,097,047
2024-10-03 2024-01-15 4 CLSH CLS Holdings USA, Inc.
Common Stock
P - Purchase 10,810,811 23,179,517 87.40 0.03 360,000 771,878
2019-02-08 2018-11-30 4 CLSH] CLS Holdings USA, Inc.
Warrants
C - Conversion 1,198,568 1,198,568
2019-02-08 2018-11-30 4 CLSH] CLS Holdings USA, Inc.
Special Warrants
C - Conversion -1,089,608 0 -100.00
2019-02-08 2018-11-30 4 CLSH] CLS Holdings USA, Inc.
Common Stock
C - Conversion 1,198,568 13,474,821 9.76
2018-10-25 2018-10-23 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.40
2018-10-25 2018-10-23 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 196,336 5,442,544 3.74 0.40 78,534 2,177,018
2018-08-07 2018-08-06 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 187,500 75,000.00 14,062,500,000
2018-07-26 2018-06-20 4 CLSH CLS Holdings USA, Inc.
Special Warrants
P - Purchase 1,089,609 1,089,609
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.31
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 27,805 12,276,253 0.23 0.31 8,689 3,836,329
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 50,307 12,248,448 0.41 0.31 15,721 3,827,640
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 71,091 12,198,141 0.59 0.31 22,216 3,811,919
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 29,786 12,127,050 0.25 0.31 9,308 3,789,703
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 377,898 5,246,208 7.76 0.31 118,093 1,639,440
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 100,525 4,868,310 2.11 0.31 31,414 1,521,347
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 236,810 4,767,785 5.23 0.31 74,003 1,489,933
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 2,173,088 4,530,975 92.16 0.31 679,090 1,415,930
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 427,187 2,357,887 22.13 0.31 133,496 736,840
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 9,027 1,930,700 0.47 0.31 2,821 603,344
2018-03-14 2018-03-12 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 50,685 1,921,673 2.71 0.31 15,839 600,523
2018-01-11 2018-01-05 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 368,000 115,000.00 42,320,000,000
2017-10-12 2017-10-09 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 119,998 29,999.50 3,599,880,001
2017-08-25 2017-08-23 4 CLSH CLS Holdings USA, Inc.
Demand Convertible Promissory Note
J - Other 0 618,000.00
2017-08-25 2017-08-23 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 280,000 70,000.00 19,600,000,000
2017-08-25 2017-08-23 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 2,486,632 621,658.00 1,545,834,675,856
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.25
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.25
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.25
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.25
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.25
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
M - Exercise 0 0.25
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Demand Convertible Promissory Note
J - Other 2,472,000 618,000.00 1,527,696,000,000
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 636,988 12,097,264 5.56 0.25 159,247 3,024,316
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 886,712 11,460,276 8.39 0.25 221,678 2,865,069
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 1,661,208 10,573,564 18.64 0.25 415,302 2,643,391
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 3,912,356 8,912,356 78.25 0.25 978,089 2,228,089
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 1,670,108 1,870,988 831.40 0.25 417,527 467,747
2017-06-02 2017-05-31 4 CLSH CLS Holdings USA, Inc.
Common Stock
M - Exercise 200,880 200,880 0.25 50,220 50,220
2017-04-04 2017-03-31 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 960,000 120,000.00 115,200,000,000
2017-01-12 2017-01-10 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 766,355 410,000.00 314,205,550,000
2017-01-12 2017-01-10 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 93,458 50,000.00 4,672,900,000
2016-07-27 2016-07-20 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 392,523 210,000.00 82,429,830,000
2016-07-27 2016-04-11 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 710,280 380,000.00 269,906,400,000
2016-07-27 2016-01-12 4 CLSH CLS Holdings USA, Inc.
Convertible Promissory Note
J - Other 2,386,667 895,000.00 2,136,066,965,000
2016-01-11 3 CLSH CLS Holdings USA, Inc.
Common Stock, par value $0.0001
10,000,000
2016-01-11 3 CLSH CLS Holdings USA, Inc.
Common Stock, par value $0.0001
10,000,000
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)