Carver Bancorp, Inc.
US ˙ NasdaqCM ˙ US1468756044

Introduction

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

Security Title Latest Reported Holdings
US:EQH / Equitable Holdings, Inc. Director 16,799
US:CARV / Carver Bancorp, Inc. Director 64,880
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Craig C MacKay. 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 CARV / Carver Bancorp, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CARV / Carver Bancorp, 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 (%)
2024-11-25 CARV MacKay Craig C 59,880 1.6700 59,880 1.6700 100,000 283 3.0600 83,234 83.23
2024-02-27 CARV MacKay Craig C 1,000 1.6700 1,000 1.6700 1,670
2023-03-14 CARV MacKay Craig C 450 4.2000 450 4.2000 1,890
2022-12-19 CARV MacKay Craig C 450 4.0400 450 4.0400 1,818
2022-09-14 CARV MacKay Craig C 1,000 5.4000 1,000 5.4000 5,400
2022-09-07 CARV MacKay Craig C 500 4.4500 500 4.4500 2,225
2021-02-24 CARV MacKay Craig C 21 9.8900 21 9.8900 208
2021-02-24 CARV MacKay Craig C 79 9.9000 79 9.9000 782

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

CARV / Carver Bancorp, Inc. Insider Trades
Insider Sales CARV / Carver Bancorp, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CARV / Carver Bancorp, 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.

CARV / Carver Bancorp, Inc. Insider Trades
Insider Purchases EQH.PRC / Equitable Holdings, Inc. - Preferred Stock - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CARV / Carver Bancorp, 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 (%)
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.

EQH.PRC / Equitable Holdings, Inc. - Preferred Stock Insider Trades
Insider Sales EQH.PRC / Equitable Holdings, Inc. - Preferred Stock - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CARV / Carver Bancorp, 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 (%)
2025-05-23 EQH MacKay Craig C 1,500 51.9500 1,500 51.9500 77,925 70 50.0900 -2,790 -3.58
2024-11-19 EQH MacKay Craig C 1,000 46.4094 1,000 46.4094 46,409

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

EQH.PRC / Equitable Holdings, Inc. - Preferred Stock Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Craig C MacKay 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
2025-05-23 2025-05-23 4 EQH Equitable Holdings, Inc.
Common Stock
S - Sale -1,500 16,799 -8.20 51.95 -77,925 872,708
2025-05-23 2025-05-21 4 EQH Equitable Holdings, Inc.
Common Stock
A - Award 3,393 18,299 22.76
2024-11-27 2024-11-25 4 CARV CARVER BANCORP INC
Common Stock
P - Purchase 59,880 64,880 1,197.60 1.67 100,000 108,350
2024-11-19 2024-11-19 4 EQH Equitable Holdings, Inc.
Common Stock
S - Sale -1,000 14,906 -6.29 46.41 -46,409 691,779
2024-05-24 2024-05-22 4 EQH Equitable Holdings, Inc.
Common Stock
A - Award 4,306 15,906 37.12
2024-02-28 2024-02-27 4 CARV CARVER BANCORP INC
Common Stock
P - Purchase 1,000 5,000 25.00 1.67 1,670 8,350
2023-06-05 2023-05-24 4 EQH Equitable Holdings, Inc.
Common Stock
A - Award 6,473 11,600 126.25
2023-03-14 2023-03-14 4 CARV CARVER BANCORP INC
Common Stock
P - Purchase 450 4,000 12.68 4.20 1,890 16,800
2023-03-13 2023-03-06 4 CARV CARVER BANCORP INC
Common Stock
L - Other 500 3,550 16.39 4.52 2,260 16,046
2022-12-19 2022-12-19 4 CARV CARVER BANCORP INC
Common Stock
P - Purchase 450 3,050 17.31 4.04 1,818 12,322
2022-09-15 2022-09-14 4 CARV CARVER BANCORP INC
Common Stock
P - Purchase 1,000 2,600 62.50 5.40 5,400 14,040
2022-09-09 2022-09-07 4 CARV CARVER BANCORP INC
Common Stock
P - Purchase 500 1,600 45.45 4.45 2,225 7,120
2022-06-07 2022-06-06 4 EQH Equitable Holdings, Inc.
Common Stock
A - Award 5,127 5,127
2021-02-26 2021-02-24 4 CARV CARVER BANCORP INC
Common Stock
P - Purchase 79 1,100 7.74 9.90 782 10,890
2021-02-26 2021-02-24 4 CARV CARVER BANCORP INC
Common Stock
P - Purchase 21 1,021 2.10 9.89 208 10,098
2017-12-18 2017-12-14 4 CARV CARVER BANCORP INC
Stock Options
A - Award 1,000 1,000
2017-12-18 2017-12-14 4 CARV CARVER BANCORP INC
Common Stock
A - Award 1,000 1,000
2017-12-13 3 CARV CARVER BANCORP INC
Common Stock
0
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)