Angel Oak Financial Strategies Income Term Trust - Equity Right
US ˙ NYSE

Introduction

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

Security Title Latest Reported Holdings
US:FINS / Angel Oak Financial Strategies Income Term Trust 5,667
US:DYFN / Angel Oak Dynamic Financial Strategies Income Term Trust 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 Kevin Parks. 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 FINS.RT / Angel Oak Financial Strategies Income Term Trust - Equity Right - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in FINS.RT / Angel Oak Financial Strategies Income Term Trust - Equity Right. 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 (%)
2025-06-02 FINS Parks Kevin 1,000 12.8300 1,000 12.8300 12,830 88 13.3300 500 3.90
2023-05-18 FINS Parks Kevin 500 11.8200 500 11.8200 5,910
2022-09-15 FINS Parks Kevin 593 13.8642 593 13.8642 8,221
2020-09-01 FINS Parks Kevin 1,500 16.7800 1,500 16.7800 25,170

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

FINS.RT / Angel Oak Financial Strategies Income Term Trust - Equity Right Insider Trades
Insider Sales FINS.RT / Angel Oak Financial Strategies Income Term Trust - Equity Right - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in FINS.RT / Angel Oak Financial Strategies Income Term Trust - Equity Right. 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 (%)
2023-03-16 FINS Parks Kevin 2,000 12.5301 2,000 12.5301 25,060 158 11.6500 -1,760 -7.02

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

FINS.RT / Angel Oak Financial Strategies Income Term Trust - Equity Right Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Kevin Parks 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
2025-06-03 2025-06-02 4 FINS Angel Oak Financial Strategies Income Term Trust
Common Stock
P - Purchase 1,000 5,667 21.43 12.83 12,830 72,708
2025-05-28 2025-05-14 4/A FINS Angel Oak Financial Strategies Income Term Trust
Common Stock
X - Other 833 4,667 21.73 13.23 11,021 61,744
2025-05-16 2025-05-14 4 FINS Angel Oak Financial Strategies Income Term Trust
Common Stock
X - Other 1,277 5,111 33.31 13.23 16,895 67,619
2023-05-22 2023-05-18 4 FINS Angel Oak Financial Strategies Income Term Trust
Common Stock
P - Purchase 500 3,835 14.99 11.82 5,910 45,328
2023-03-20 2023-03-16 4 FINS Angel Oak Financial Strategies Income Term Trust
Common Stock
S - Sale -2,000 3,335 -37.49 12.53 -25,060 41,786
2022-09-16 2022-09-15 4 FINS Angel Oak Financial Strategies Income Term Trust
Common Stock
P - Purchase 593 5,335 12.51 13.86 8,221 73,963
2022-08-02 2022-07-29 4 DYFN Angel Oak Dynamic Financial Strategies Income Term Trust
Common Stock
J - Other -1,200 0 -100.00
2022-08-02 2022-07-29 4 FINS Angel Oak Financial Strategies Income Term Trust
Common Stock
J - Other 1,408 4,742 42.23
2021-10-18 2021-10-14 4 FINS Angel Oak Financial Strategies Income Term Trust
Transferable Subscription Right (right to buy)
X - Other -2,502 0 -100.00
2021-10-18 2021-10-14 4 FINS Angel Oak Financial Strategies Income Term Trust
Common Stock
X - Other 834 3,334 33.36 16.06 13,394 53,544
2020-09-03 2020-09-02 4 DYFN Angel Oak Dynamic Financial Strategies Income Term Trust
Angel Oak Dynamic Financial Strategies Income Term Trust
P - Purchase 1,200 1,200 18.06 21,672 21,672
2020-09-02 3 FINS Angel Oak Financial Strategies Income Term Trust
Angel Oak Financial Strategies Income Term Trust
1,000
2020-09-02 2020-09-01 4 FINS Angel Oak Financial Strategies Income Term Trust
Angel Oak Financial Strategies Income Term Trust
P - Purchase 1,500 2,500 150.00 16.78 25,170 41,950
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)