David Mulham Mulham - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of David Mulham Mulham. 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

Companies with Reported Insider Positions

The SEC filings indicate David Mulham Mulham has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by David Mulham Mulham. 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 USNA / USANA Health Sciences, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in USNA / USANA Health Sciences, 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.

Insider Sales USNA / USANA Health Sciences, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in USNA / USANA Health Sciences, 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 (%)
2025-07-30	USNA	Mulham David Mulham	3,515	30.2600	3,515	30.2600	106,364	9	28.8500	-4,955	-4.66
2025-03-10	USNA	Mulham David Mulham	3,234	32.9839	3,234	32.9839	106,670
2024-02-29	USNA	Mulham David Mulham	4,311	47.7550	4,311	47.7550	205,872
2023-08-15	USNA	Mulham David Mulham	2,159	65.3389	2,159	65.3389	141,067
2023-08-11	USNA	Mulham David Mulham	1,080	66.2825	1,080	66.2825	71,585
2023-07-31	USNA	Mulham David Mulham	3,354	65.0000	3,354	65.0000	218,010
2023-06-15	USNA	Mulham David Mulham	1,557	61.0000	1,557	61.0000	94,977
2023-04-28	USNA	Mulham David Mulham	1,138	67.3984	1,138	67.3984	76,699
2021-12-07	USNA	Mulham David Mulham	873	101.5000	873	101.5000	88,610
2021-11-15	USNA	Mulham David Mulham	569	102.0000	569	102.0000	58,038
2021-11-11	USNA	Mulham David Mulham	1,111	100.7400	1,111	100.7400	111,922
2021-11-04	USNA	Mulham David Mulham	1,398	101.7700	1,398	101.7700	142,274
2021-11-03	USNA	Mulham David Mulham	1,277	99.6347	1,277	99.6347	127,234
2021-03-01	USNA	Mulham David Mulham	639	99.0000	639	99.0000	63,261
2021-02-26	USNA	Mulham David Mulham	2,144	97.5308	2,144	97.5308	209,106
2021-02-18	USNA	Mulham David Mulham	3,145	91.0000	3,145	91.0000	286,195
2020-02-10	USNA	Mulham David Mulham	3,798	81.0000	3,798	81.0000	307,638
2018-05-16	USNA	Mulham David Mulham	4,855	112.4708	4,855	112.4708	546,046
2018-05-16	USNA	Mulham David Mulham	9,878	113.3039	9,878	113.3039	1,119,216

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

Insider Trading History

This table shows the complete list of insider trades made by David Mulham Mulham as disclosed to the Securities Exchange Commission (SEC).