Dyne Therapeutics, Inc.
US ˙ NasdaqGS ˙ US26818M1080

Introduction

This page provides a comprehensive analysis of the known insider trading history of Litespeed Management, L.L.C.. 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 Litespeed Management, L.L.C. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:DYN / Dyne Therapeutics, Inc. 10% Owner 32,995,401
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Litespeed Management, L.L.C.. 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 DYN / Dyne Therapeutics, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in DYN / Dyne Therapeutics, 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 (%)
2012-08-28 DYNIQ Litespeed Management, L.L.C. 104,940 0.4148 104,940 0.4148 43,529 730
2012-08-22 DYNIQ Litespeed Management, L.L.C. 91,517 0.4750 91,517 0.4750 43,471
2012-08-21 DYNIQ Litespeed Management, L.L.C. 69,797 0.4550 69,797 0.4550 31,758
2012-08-20 DYNIQ Litespeed Management, L.L.C. 79,337 0.4550 79,337 0.4550 36,098
2012-07-17 DYNIQ Litespeed Management, L.L.C. 286,000 0.5399 286,000 0.5399 154,411
2012-07-16 DYNIQ Litespeed Management, L.L.C. 86,583 0.5489 86,583 0.5489 47,525
2012-07-11 DYNIQ Litespeed Management, L.L.C. 28,221 0.4900 28,221 0.4900 13,828
2012-07-10 DYNIQ Litespeed Management, L.L.C. 239,861 0.4784 239,861 0.4784 114,750
2012-07-09 DYNIQ Litespeed Management, L.L.C. 1,159,000 0.4808 1,159,000 0.4808 557,247
2012-07-06 DYNIQ Litespeed Management, L.L.C. 1,800,000 0.5520 1,800,000 0.5520 993,600
2012-07-05 DYNIQ Litespeed Management, L.L.C. 542,854 0.5886 542,854 0.5886 319,524
2012-07-03 DYN Litespeed Management, L.L.C. 1,250,000 0.5894 1,250,000 0.5894 736,750
2012-07-02 DYN Litespeed Management, L.L.C. 14,251 0.5800 14,251 0.5800 8,266
2012-06-29 DYN Litespeed Management, L.L.C. 332,555 0.5842 332,555 0.5842 194,279
2012-06-28 DYN Litespeed Management, L.L.C. 600,000 0.5775 600,000 0.5775 346,500
2012-06-27 DYN Litespeed Management, L.L.C. 500,000 0.5827 500,000 0.5827 291,350
2012-06-26 DYN Litespeed Management, L.L.C. 105,044 0.5643 105,044 0.5643 59,276
2012-06-25 DYN Litespeed Management, L.L.C. 31,938 0.4851 31,938 0.4851 15,493
2012-06-11 DYN Litespeed Management, L.L.C. 1,431,348 0.5800 1,431,348 0.5800 830,182
2012-06-05 DYN Litespeed Management, L.L.C. 300,050 0.5739 300,050 0.5739 172,199
2012-06-04 DYN Litespeed Management, L.L.C. 134,345 0.5177 134,345 0.5177 69,550
2012-06-01 DYN Litespeed Management, L.L.C. 1,633,120 0.5173 1,633,120 0.5173 844,813
2012-05-31 DYN Litespeed Management, L.L.C. 1,000,000 0.4984 1,000,000 0.4984 498,400
2012-05-30 DYN Litespeed Management, L.L.C. 500,000 0.4541 500,000 0.4541 227,050
2012-05-15 DYN Litespeed Management, L.L.C. 64,146 0.4600 64,146 0.4600 29,507
2012-05-14 DYN Litespeed Management, L.L.C. 520,500 0.4593 520,500 0.4593 239,066
2012-05-10 DYN Litespeed Management, L.L.C. 6,332,565 0.4277 6,332,565 0.4277 2,708,438
2012-05-09 DYN Litespeed Management, L.L.C. 541,000 0.3841 541,000 0.3841 207,798
2012-05-08 DYN Litespeed Management, L.L.C. 476,600 0.3800 476,600 0.3800 181,108
2012-05-07 DYN Litespeed Management, L.L.C. 212,000 0.4052 212,000 0.4052 85,902

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

DYN / Dyne Therapeutics, Inc. Insider Trades
Insider Sales DYN / Dyne Therapeutics, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in DYN / Dyne Therapeutics, 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.

DYN / Dyne Therapeutics, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Litespeed Management, L.L.C. 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
2012-08-30 2012-08-28 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 104,940 32,995,401 0.32 0.41 43,529 13,686,492
2012-08-28 2012-08-22 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 91,517 32,890,461 0.28 0.48 43,471 15,622,969
2012-08-28 2012-08-21 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 69,797 32,798,944 0.21 0.46 31,758 14,923,520
2012-08-28 2012-08-20 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 79,337 32,729,147 0.24 0.46 36,098 14,891,762
2012-07-18 2012-07-17 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 286,000 32,649,810 0.88 0.54 154,411 17,627,632
2012-07-18 2012-07-16 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 86,583 32,363,810 0.27 0.55 47,525 17,764,495
2012-07-18 2012-07-11 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 28,221 32,277,227 0.09 0.49 13,828 15,815,841
2012-07-18 2012-07-10 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 239,861 32,249,006 0.75 0.48 114,750 15,427,924
2012-07-10 2012-07-09 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 1,159,000 32,009,145 3.76 0.48 557,247 15,389,997
2012-07-10 2012-07-06 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 1,800,000 30,850,145 6.20 0.55 993,600 17,029,280
2012-07-10 2012-07-05 4 DYNIQ DYNEGY INC.
Common Stock 		P - Purchase 542,854 29,050,145 1.90 0.59 319,524 17,098,915
2012-07-05 2012-07-03 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 1,250,000 28,507,291 4.59 0.59 736,750 16,802,197
2012-07-05 2012-07-02 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 14,251 27,257,291 0.05 0.58 8,266 15,809,229
2012-07-02 2012-06-29 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 332,555 27,243,040 1.24 0.58 194,279 15,915,384
2012-07-02 2012-06-28 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 600,000 26,910,485 2.28 0.58 346,500 15,540,805
2012-06-28 2012-06-27 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 500,000 26,310,485 1.94 0.58 291,350 15,331,120
2012-06-28 2012-06-26 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 105,044 25,810,485 0.41 0.56 59,276 14,564,857
2012-06-28 2012-06-25 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 31,938 25,705,441 0.12 0.49 15,493 12,469,709
2012-06-13 2012-06-11 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 1,431,348 25,673,503 5.90 0.58 830,182 14,890,632
2012-06-13 2012-06-05 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 300,050 24,242,155 1.25 0.57 172,199 13,912,573
2012-06-13 2012-06-04 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 134,345 23,942,105 0.56 0.52 69,550 12,394,828
2012-06-13 2012-06-01 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 1,633,120 23,807,760 7.36 0.52 844,813 12,315,754
2012-06-13 2012-05-31 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 1,000,000 22,174,640 4.72 0.50 498,400 11,051,841
2012-06-13 2012-05-30 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 500,000 21,174,640 2.42 0.45 227,050 9,615,404
2012-06-13 2012-05-15 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 64,146 20,674,640 0.31 0.46 29,507 9,510,334
2012-06-13 2012-05-14 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 520,500 20,610,494 2.59 0.46 239,066 9,466,400
2012-06-13 2012-05-10 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 6,332,565 20,089,994 46.03 0.43 2,708,438 8,592,490
2012-06-13 2012-05-09 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 541,000 13,757,429 4.09 0.38 207,798 5,284,228
2012-06-13 2012-05-08 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 476,600 13,216,429 3.74 0.38 181,108 5,022,243
2012-06-13 2012-05-07 4 DYN DYNEGY INC.
Common Stock 		P - Purchase 212,000 12,739,829 1.69 0.41 85,902 5,162,179
2012-05-15 3 DYN DYNEGY INC.
Common Stock 		20,089,994
2012-05-15 3 DYN DYNEGY INC.
Common Stock 		20,089,994
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)