Introduction

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

Security Title Latest Reported Holdings
US:ICD / Independence Contract Drilling, Inc. Director 71,431
US:81809A134 / Seventy Seven Energy Inc. Series C Warrants President - Nomac Drilling 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by James Minmier. 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 James Minmier 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
2024-12-18 2024-12-17 4 ICD Independence Contract Drilling, Inc.
Common Stock
S - Sale -8,300 71,431 -10.41 0.02 -134 1,157
2024-12-18 2024-12-17 4 ICD Independence Contract Drilling, Inc.
Common Stock
S - Sale -16,000 79,731 -16.71 0.02 -256 1,276
2024-02-29 2024-02-27 4 ICD Independence Contract Drilling, Inc.
Common Stock
A - Award 33,334 95,731 53.42
2024-02-13 2024-02-10 4 ICD Independence Contract Drilling, Inc.
Common Stock
M - Exercise 16,667 62,397 36.45
2023-03-20 2023-03-18 4 ICD Independence Contract Drilling, Inc.
Common Stock
M - Exercise 16,501 46,440 55.12
2022-09-28 2022-09-27 4 ICD Independence Contract Drilling, Inc.
Common Stock
P - Purchase 4,900 29,939 19.57 2.93 14,357 87,721
2022-09-28 2022-09-27 4 ICD Independence Contract Drilling, Inc.
Common Stock
P - Purchase 100 25,039 0.40 2.92 292 73,114
2022-03-21 2022-03-18 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Unit
A - Award 24,752 24,752
2022-02-14 2022-02-10 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Unit
M - Exercise -20,080 0 -100.00
2022-02-14 2022-02-10 4 ICD Independence Contract Drilling, Inc.
Common Stock
M - Exercise 13,387 24,939 115.88
2021-10-04 2021-10-01 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Unit
M - Exercise -354 20,080 -1.73
2021-10-04 2021-10-01 4 ICD Independence Contract Drilling, Inc.
Common Stock
M - Exercise 354 11,552 3.16
2021-06-08 2021-06-07 4 ICD Independence Contract Drilling, Inc.
Common Stock
P - Purchase 4,000 11,198 55.57 4.11 16,434 46,008
2021-02-12 2021-02-11 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Units
A - Award 20,080 20,080
2021-02-12 2021-02-10 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Units
M - Exercise -3,846 0 -100.00
2021-02-12 2021-02-10 4 ICD Independence Contract Drilling, Inc.
Common Stock
M - Exercise 2,564 7,198 55.33
2020-10-06 2020-10-02 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Units
M - Exercise -353 3,493 -9.18
2020-10-06 2020-10-02 4 ICD Independence Contract Drilling, Inc.
Common Stock
M - Exercise 353 4,634 8.25
2020-03-02 2020-02-27 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Units
M - Exercise -28,571 76,923 -27.08
2020-03-02 2020-02-27 4 ICD Independence Contract Drilling, Inc.
Common Stock
M - Exercise 28,571 85,630 50.07
2020-02-12 2020-02-10 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Units
A - Award 76,923 105,494 269.23
2019-08-30 2019-08-29 4 ICD Independence Contract Drilling, Inc.
Common Stock
P - Purchase 18,818 35,818 110.69 1.11 20,888 39,758
2019-03-01 2019-02-27 4 ICD Independence Contract Drilling, Inc.
Restricted Stock Units
A - Award 28,571
2018-12-21 2018-12-20 4 ICD Independence Contract Drilling, Inc.
Common Stock
P - Purchase 17,000 17,000 2.86 48,620 48,620
2018-10-03 2018-10-01 4 ICD Independence Contract Drilling, Inc.
Common Stock
A - Award 21,231 21,231
2017-04-20 2017-04-20 4 NONE Seventy Seven Energy Inc.
Common Stock
D - Sale to Issuer -184,891 0 -100.00
2017-04-04 2017-03-31 4 SVNT Seventy Seven Energy Inc.
Common Stock
F - Taxes -4,448 184,891 -2.35 42.73 -190,063 7,900,392
2017-01-10 2016-12-31 4 SVNT Seventy Seven Energy Inc.
Common Stock
F - Taxes -6,456 189,339 -3.30 45.00 -290,520 8,520,255
2016-09-27 2016-09-23 4 SVNT Seventy Seven Energy Inc.
Common Stock
F - Taxes -24,205 195,795 -11.00 17.31 -418,989 3,389,211
2016-09-27 2016-09-23 4 SVNT Seventy Seven Energy Inc.
Common Stock
A - Award 220,000 220,000
2016-08-01 2016-08-01 4 SSEIQ Seventy Seven Energy Inc.
Class C Warrants to purchase Common Stock
A - Award 205 205
2016-08-01 2016-08-01 4 SSEIQ Seventy Seven Energy Inc.
Class C Warrants to purchase Common Stock
A - Award 18,175 18,175
2016-08-01 2016-08-01 4 SSEIQ Seventy Seven Energy Inc.
Class B Warrants to purchase Common Stock
A - Award 184 184
2016-08-01 2016-08-01 4 SSEIQ Seventy Seven Energy Inc.
Class B Warrants to purchase Common Stock
A - Award 16,358 16,358
2016-08-01 2016-08-01 4 SSEIQ Seventy Seven Energy Inc.
Common Stock
J - Other -3,682 0 -100.00
2016-08-01 2016-08-01 4 SSEIQ Seventy Seven Energy Inc.
Common Stock
J - Other -326,897 0 -100.00
2016-08-01 2016-07-28 4 SSEIQ Seventy Seven Energy Inc.
Common Stock
F - Taxes -97,036 326,897 -22.89 0.10 -10,189 34,324
2016-07-06 2016-07-02 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -865 423,933 -0.20 0.09 -78 38,154
2016-07-06 2016-07-01 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -23,988 424,798 -5.35 0.09 -2,159 38,232
2016-03-16 2016-03-15 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -1,143 448,786 -0.25 0.76 -869 341,167
2016-03-07 2016-03-03 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -23,885 449,929 -5.04 0.70 -16,626 313,196
2016-02-02 2016-01-27 4 SSE Seventy Seven Energy Inc.
Common Stock
A - Award 14,067 475,533 3.05
2016-01-11 2016-01-07 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -1,345 594,410 -0.23 0.88 -1,184 523,081
2016-01-05 2016-01-03 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -1,057 595,755 -0.18 1.05 -1,110 625,543
2015-08-27 2015-08-25 4 SSE Seventy Seven Energy Inc.
Common Stock
P - Purchase 20,000 596,812 3.47 2.04 40,748 1,215,945
2015-03-05 2015-03-03 4 SSE Seventy Seven Energy Inc.
Common Stock
A - Award 219,781 576,812 61.56
2015-01-05 2014-12-31 4 SSE Seventy Seven Energy Inc.
Common Stock
A - Award 5,651 357,031 1.61
2014-11-06 2014-11-06 4 SSE Seventy Seven Energy Inc.
Common Stock
P - Purchase 8,000 351,380 2.33 11.26 90,056 3,955,485
2014-10-02 2014-09-30 4 SSE Seventy Seven Energy Inc.
Common Stock
A - Award 1,390 343,380 0.41
2014-08-08 2014-08-06 4 SSE Seventy Seven Energy Inc.
Common Stock
A - Award 281,595 341,990 466.26
2014-07-31 2014-07-29 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -2,720 60,395 -4.31 23.63 -64,274 1,427,134
2014-07-15 2014-07-11 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -999 63,115 -1.56 26.13 -26,104 1,649,195
2014-07-15 2014-07-11 4 SSE Seventy Seven Energy Inc.
Common Stock
F - Taxes -1,201 64,114 -1.84 25.06 -30,097 1,606,697
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)