Willis Lease Finance Corporation
US ˙ NasdaqGM ˙ US9706461053

Introduction

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

Security Title Latest Reported Holdings
US:WLFC / Willis Lease Finance Corporation SVP, Gen. Counsel, Secretary 43,707
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Thomas C Nord. 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 WLFC / Willis Lease Finance Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in WLFC / Willis Lease Finance Corporation. 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 (%)
2013-01-31 wlfc NORD THOMAS C 500 10.7015 500 10.7015 5,351 300 18.2 3,750 70.09
2012-07-31 wlfc NORD THOMAS C 500 8.1940 500 8.1940 4,097
2012-01-31 wlfc NORD THOMAS C 500 8.1940 500 8.1940 4,097

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

WLFC / Willis Lease Finance Corporation Insider Trades
Insider Sales WLFC / Willis Lease Finance Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in WLFC / Willis Lease Finance Corporation. 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 (%)
2012-12-07 wlfc NORD THOMAS C 398 14.0000 398 14.0000 5,572 195 11.77 -888 -15.93
2012-12-06 wlfc NORD THOMAS C 699 14.0000 699 14.0000 9,786
2012-12-05 wlfc NORD THOMAS C 4,215 14.0000 4,215 14.0000 59,010
2012-12-04 wlfc NORD THOMAS C 2,000 14.1026 2,000 14.1026 28,205
2012-12-03 wlfc NORD THOMAS C 1,844 14.3300 1,844 14.3300 26,425
2012-11-30 wlfc NORD THOMAS C 4,694 14.2500 4,694 14.2500 66,890
2012-11-29 wlfc NORD THOMAS C 3,339 14.2500 3,339 14.2500 47,581
2012-11-28 wlfc NORD THOMAS C 300 14.3000 300 14.3000 4,290
2012-11-27 wlfc NORD THOMAS C 1,300 14.3000 1,300 14.3000 18,590
2012-11-26 wlfc NORD THOMAS C 2,445 14.2245 2,445 14.2245 34,779
2012-04-20 wlfc NORD THOMAS C 2,500 12.8000 2,500 12.8000 32,000

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

WLFC / Willis Lease Finance Corporation Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Thomas C Nord 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
2013-02-06 2013-02-03 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		F - Taxes -767 43,707 -1.72 14.80 -11,352 646,864
2013-02-04 2013-01-31 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		P - Purchase 500 44,474 1.14 10.70 5,351 475,939
2012-12-19 2012-12-17 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		F - Taxes -1,823 43,974 -3.98 14.14 -25,777 621,792
2012-12-10 2012-12-07 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -398 766 -34.19 14.00 -5,572 10,724
2012-12-10 2012-12-07 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -398 45,797 -0.86 14.00 -5,572 641,158
2012-12-10 2012-12-07 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 398 46,195 0.87 9.20 3,662 424,994
2012-12-07 2012-12-06 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -699 1,164 -37.52 14.00 -9,786 16,296
2012-12-07 2012-12-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -699 45,797 -1.50 14.00 -9,786 641,158
2012-12-07 2012-12-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 699 46,496 1.53 9.20 6,431 427,763
2012-12-07 2012-12-05 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -3,637 1,863 -66.13 14.00 -50,918 26,082
2012-12-07 2012-12-05 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -578 5,500 -9.51 14.00 -8,092 77,000
2012-12-07 2012-12-05 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -4,215 45,797 -8.43 14.00 -59,010 641,158
2012-12-07 2012-12-05 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 4,215 50,012 9.20 9.20 38,778 460,110
2012-12-05 2012-12-04 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -2,000 6,078 -24.76 14.10 -28,205 85,716
2012-12-05 2012-12-04 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -2,000 45,797 -4.18 14.10 -28,205 645,857
2012-12-05 2012-12-04 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 2,000 47,797 4.37 9.20 18,400 439,732
2012-12-05 2012-12-03 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -1,844 8,078 -18.58 14.33 -26,425 115,758
2012-12-05 2012-12-03 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -1,844 45,797 -3.87 14.33 -26,425 656,271
2012-12-05 2012-12-03 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 1,844 47,641 4.03 9.20 16,965 438,297
2012-11-30 2012-11-30 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -1,078 9,922 -9.80 14.25 -15,362 141,388
2012-11-30 2012-11-30 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -3,616 11,000 -24.74 14.25 -51,528 156,750
2012-11-30 2012-11-30 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -4,694 45,797 -9.30 14.25 -66,890 652,607
2012-11-30 2012-11-30 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 4,694 50,491 10.25 9.20 43,185 464,517
2012-11-30 2012-11-29 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -1,884 14,616 -11.42 14.25 -26,847 208,278
2012-11-30 2012-11-29 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Option 		M - Exercise -1,455 16,500 -8.10 14.25 -20,734 235,125
2012-11-30 2012-11-29 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -3,339 45,797 -6.80 14.25 -47,581 652,607
2012-11-30 2012-11-29 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 3,339 49,136 7.29 9.20 30,719 452,051
2012-11-30 2012-11-28 4 wlfc WILLIS LEASE FINANCE CORP
Non-qualified Stock Opion 		M - Exercise -300 17,955 -1.64 14.30 -4,290 256,756
2012-11-30 2012-11-28 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -300 45,797 -0.65 14.30 -4,290 654,897
2012-11-30 2012-11-28 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 300 46,097 0.66 9.20 2,760 424,092
2012-11-28 2012-11-27 4 wlfc WILLIS LEASE FINANCE CORP
Incentive Stock Option 		M - Exercise -1,300 18,255 -6.65 14.30 -18,590 261,046
2012-11-28 2012-11-27 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -1,300 45,797 -2.76 14.30 -18,590 654,897
2012-11-28 2012-11-27 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 1,300 47,097 2.84 9.20 11,960 433,292
2012-11-28 2012-11-26 4 wlfc WILLIS LEASE FINANCE CORP
Incentive Stock Option 		M - Exercise -2,445 19,555 -11.11 14.22 -34,779 278,160
2012-11-28 2012-11-26 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -2,445 45,797 -5.07 14.22 -34,779 651,439
2012-11-28 2012-11-26 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		M - Exercise 2,445 48,242 5.34 9.20 22,494 443,826
2012-11-13 2012-11-02 4 wlfcp WILLIS LEASE FINANCE CORP
Series A Preferred Stock 		J - Other -2,500 0 -100.00 10.00 -25,000
2012-08-14 2012-08-11 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		F - Taxes -1,375 45,797 -2.91 11.46 -15,758 524,834
2012-08-06 2012-07-31 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		P - Purchase 500 47,172 1.07 8.19 4,097 386,527
2012-07-20 2012-07-17 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		F - Taxes -1,079 46,672 -2.26 13.00 -14,027 606,736
2012-07-20 2012-07-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 47,751 -4.98 13.00 -32,500 620,773
2012-06-22 2012-06-20 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 50,251 -4.74 12.63 -31,567 634,509
2012-06-22 2012-06-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 52,751 -4.52 12.57 -31,425 663,080
2012-05-30 2012-05-28 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		F - Taxes -1,233 55,251 -2.18 12.75 -15,721 704,450
2012-05-22 2012-05-21 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 56,484 -4.24 12.66 -31,650 715,087
2012-05-22 2012-05-07 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 59,984 -4.00 12.82 -32,050 768,995
2012-04-26 2012-04-20 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale -2,500 61,484 -3.91 12.80 -32,000 786,995
2012-04-26 2012-04-09 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 63,984 -3.76 12.55 -31,382 803,166
2012-03-20 2012-03-20 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 66,484 -3.62 13.65 -34,125 907,507
2012-03-20 2012-03-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 68,984 -3.50 14.12 -35,300 974,054
2012-02-24 2012-02-21 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 71,484 -3.38 14.57 -36,425 1,041,522
2012-02-24 2012-02-03 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		A - Award 7,000 73,984 10.45 13.46 94,220 995,825
2012-02-09 2012-02-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -800 66,984 -1.18 13.42 -10,736 898,932
2012-02-09 2012-02-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -1,200 67,784 -1.74 13.42 -16,104 909,661
2012-02-09 2012-02-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -300 68,984 -0.43 13.43 -4,029 926,455
2012-02-09 2012-02-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -100 69,284 -0.14 13.44 -1,344 931,177
2012-02-09 2012-02-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -100 69,384 -0.14 13.46 -1,346 933,909
2012-02-06 2012-01-31 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		P - Purchase 500 69,484 0.72 8.19 4,097 569,352
2012-01-26 2012-01-20 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 68,984 -3.50 13.15 -32,875 907,140
2012-01-17 2012-01-15 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		F - Taxes -1,810 71,484 -2.47 12.61 -22,824 901,413
2012-01-09 2012-01-06 4 wlfc WILLIS LEASE FINANCE CORP
Common Stock 		S - Sale X -2,500 73,294 -3.30 12.11 -30,275 887,590
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)