FreightCar America, Inc.
US ˙ NasdaqGS ˙ US3570231007

Introduction

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

Security Title Latest Reported Holdings
US:RAIL / FreightCar America, Inc. Director 147,526
US:TWIN / Twin Disc, Incorporated Executive VP-Operations 40,955
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Malcolm F Moore. 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 RAIL / FreightCar America, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in RAIL / FreightCar America, 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 (%)
2019-05-16 RAIL MOORE MALCOLM F 4,000 6.3462 4,000 6.3462 25,385 0 6.3100 -144 -0.57

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

RAIL / FreightCar America, Inc. Insider Trades
Insider Sales RAIL / FreightCar America, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in RAIL / FreightCar America, 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 (%)
2024-08-29 RAIL MOORE MALCOLM F 10,000 7.2000 10,000 7.2000 72,000 222 4.4500 -27,500 -38.19

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

RAIL / FreightCar America, Inc. Insider Trades
Insider Purchases TWIN / Twin Disc, Incorporated - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in RAIL / FreightCar America, 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.

TWIN / Twin Disc, Incorporated Insider Trades
Insider Sales TWIN / Twin Disc, Incorporated - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in RAIL / FreightCar America, 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 (%)
2019-02-21 TWIN MOORE MALCOLM F 3,000 18.0000 3,000 18.0000 54,000 292 9.6000 -25,200 -46.67

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

TWIN / Twin Disc, Incorporated Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Malcolm F Moore 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
2025-05-15 2025-05-14 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 10,460 147,526 7.63 7.17 74,998 1,057,761
2024-08-30 2024-08-29 4 RAIL FreightCar America, Inc.
Common Stock
S - Sale -10,000 137,066 -6.80 7.20 -72,000 986,875
2024-05-16 2024-05-14 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 20,408 147,066 16.11
2023-05-15 2023-05-11 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 23,985 126,658 23.36
2022-05-16 2022-05-12 4 RAIL FreightCar America, Inc.
Common Stock
D - Sale to Issuer -6,995 102,673 -6.38
2022-05-16 2022-05-12 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 17,885 109,668 19.49
2021-05-17 2021-05-13 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 8,878 91,786 10.71
2020-05-19 2020-05-15 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 56,995 82,908 219.95
2019-05-17 2019-05-16 4 RAIL FreightCar America, Inc.
Common Stock
P - Purchase 4,000 25,913 18.25 6.35 25,385 164,449
2019-05-17 2019-05-16 4 TWIN TWIN DISC INC
Common Stock
F - Taxes -5,302 40,955 -11.46 14.91 -79,053 610,639
2019-05-13 2019-05-09 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 8,703 21,913 65.88
2019-02-25 2019-02-21 4 TWIN TWIN DISC INC
Common Stock
S - Sale -3,000 46,257 -6.09 18.00 -54,000 832,626
2018-08-06 2018-08-02 4 TWIN TWIN DISC INC
Common Stock
F - Taxes -2,749 49,257 -5.29 25.08 -68,931 1,235,119
2018-08-02 2018-08-01 4 TWIN TWIN DISC INC
Common Stock
F - Taxes -850 52,006 -1.61 25.58 -21,739 1,330,053
2018-08-02 2018-08-01 4 TWIN TWIN DISC INC
Common Stock
A - Award 2,161 52,856 4.26
2018-08-02 2018-07-31 4 TWIN TWIN DISC INC
Common Stock
F - Taxes -4,393 50,695 -7.97 26.19 -115,053 1,327,702
2018-05-14 2018-05-11 4 TWIN TWIN DISC INC
Stock Options
M - Exercise -1,200 0 -100.00
2018-05-14 2018-05-11 4 TWIN TWIN DISC INC
Stock Options
M - Exercise -1,200 0 -100.00
2018-05-14 2018-05-11 4 TWIN TWIN DISC INC
Common Stock
M - Exercise 1,200 55,088 2.23 14.61 17,532 804,836
2018-05-14 2018-05-11 4 TWIN TWIN DISC INC
Common Stock
M - Exercise 1,200 53,888 2.28 10.01 12,012 539,419
2018-05-14 2018-05-10 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 3,545 13,210 36.68
2017-08-04 2017-08-02 4 TWIN TWIN DISC INC
Common Stock
A - Award 6,985 52,688 15.28 16.94 118,326 892,535
2017-05-15 2017-05-11 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 3,170 9,665 48.81
2016-08-01 2016-07-28 4 TWIN TWIN DISC INC
Common Stock
A - Award 19,386 45,703 73.66 9.74 188,820 445,147
2016-05-13 2016-05-12 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 3,922 6,495 152.43
2015-08-21 2015-07-31 4/A TWIN TWIN DISC INC
Common Stock
A - Award 11,164 26,317 73.68 15.90 177,508 418,440
2015-08-04 2015-07-31 4 TWIN TWIN DISC INC
Common Stock
A - Award 11,164 26,317 73.68 15.90 177,508 418,440
2015-07-02 2015-07-01 4 TWIN TWIN DISC INC
Common Stock
A - Award 2,942 15,153 24.09
2015-07-02 2015-06-30 4 TWIN TWIN DISC INC
Common Stock
D - Sale to Issuer -2,942 12,211 -19.42
2015-05-15 2015-05-14 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 2,255 2,573 709.12
2015-03-09 2015-03-05 4 RAIL FreightCar America, Inc.
Common Stock
A - Award 318 318
2014-10-28 2014-10-24 4 TWIN TWIN DISC INC
Common Stock
A - Award 2,942 15,153 24.09
2013-10-22 2013-10-18 4 TWIN TWIN DISC INC
Common Stock
A - Award 1,855 12,211 17.91 26.94 49,974 328,964
2012-10-23 2012-10-19 4 TWIN TWIN DISC INC
Common Stock
A - Award 3,123 10,356 43.18 16.01 49,999 165,800
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)