Chad R Payton - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Chad R Payton. 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 Chad R Payton 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 Chad R Payton. 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 ISBA / Isabella Bank Corporation - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ISBA / Isabella Bank 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 (%)
2025-01-24	ISBA	Payton Chad R	426	25.7999	426	25.7999	11,000	145	39.0100	5,619	51.09
2024-01-29	ISBA	Payton Chad R	513	21.4600	513	21.4600	11,000
2023-06-26	ISBA	Payton Chad R	28	21.1000	28	21.1000	583
2023-05-05	ISBA	Payton Chad R	250	20.0000	250	20.0000	5,000
2023-05-05	ISBA	Payton Chad R	100	20.7500	100	20.7500	2,075
2023-05-05	ISBA	Payton Chad R	100	20.7900	100	20.7900	2,079
2023-05-05	ISBA	Payton Chad R	1,550	21.0000	1,550	21.0000	32,550
2023-01-31	ISBA	Payton Chad R	435	22.9870	435	22.9870	10,000
2023-01-27	ISBA	Payton Chad R	66	22.5000	66	22.5000	1,487
2022-10-27	ISBA	Payton Chad R	76	22.5000	76	22.5000	1,712
2022-07-29	ISBA	Payton Chad R	59	23.7500	59	23.7500	1,400
2022-04-29	ISBA	Payton Chad R	66	25.4900	66	25.4900	1,675
2022-04-29	ISBA	Payton Chad R	94	25.4500	94	25.4500	2,383
2022-02-15	ISBA	Payton Chad R	98	25.5500	98	25.5500	2,500
2022-01-26	ISBA	Payton Chad R	63	25.0000	63	25.0000	1,575
2021-10-28	ISBA	Payton Chad R	52	26.6500	52	26.6500	1,388
2021-07-30	ISBA	Payton Chad R	61	22.8000	61	22.8000	1,388
2021-04-22	ISBA	Payton Chad R	20	23.5000	20	23.5000	462

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

Insider Sales ISBA / Isabella Bank Corporation - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ISBA / Isabella Bank 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 (%)
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 Trading History

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