Embassy Bancorp, Inc.
US ˙ OTCPK ˙ US2907911026

Introduction

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

Security Title Latest Reported Holdings
US:EMYB / Embassy Bancorp, Inc. Director 353,632
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by John C Pittman. 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 EMYB / Embassy Bancorp, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in EMYB / Embassy Bancorp, 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 (%)
2011-12-22 EMYB Pittman John C 1,969 3.7500 1,969 3.7500 7,384 190 6.0000 4,431 60.02
2011-12-15 EMYB Pittman John C 353 4.0000 353 4.0000 1,412

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

EMYB / Embassy Bancorp, Inc. Insider Trades
Insider Sales EMYB / Embassy Bancorp, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in EMYB / Embassy Bancorp, 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 (%)
2025-03-20 emyb Pittman John C 10,230 15.7400 10,230 15.7400 161,020 730
2024-12-13 emyb Pittman John C 10,019 16.5000 10,019 16.5000 165,314
2010-11-26 NONE Pittman John C 13,439 5.5000 13,439 5.5000 73,914

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

EMYB / Embassy Bancorp, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by John C Pittman 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
2025-03-24 2025-03-20 4 emyb Embassy Bancorp, Inc.
Common Stock
S - Sale -10,230 353,632 -2.81 15.74 -161,020 5,566,160
2025-02-04 2025-02-03 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 1,892 363,862 0.52
2024-12-16 2024-12-13 4 emyb Embassy Bancorp, Inc.
Common Stock
S - Sale -10,019 361,970 -2.69 16.50 -165,314 5,972,497
2024-03-05 2024-03-01 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 2,118 371,989 0.57
2023-03-03 2023-03-01 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 1,419 369,871 0.39
2022-02-25 2022-02-23 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 1,078 368,452 0.29
2021-02-22 2021-02-22 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 1,209 367,374 0.33
2020-03-25 2020-03-23 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 1,334 365,950 0.37
2019-02-20 2019-02-15 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 1,809 364,616 0.50
2018-02-12 2018-02-09 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 696 362,807 0.19
2017-02-22 2017-02-17 4 EMYB Embassy Bancorp, Inc.
Common Stock
J - Other -618 0 -100.00
2017-02-22 2017-02-17 4 EMYB Embassy Bancorp, Inc.
Common Stock
A - Award 668 362,038 0.18
2016-02-03 2016-02-02 4 emyb Embassy Bancorp, Inc.
Common Stock
A - Award 780 361,278 0.22
2015-01-21 2015-01-21 4 EMYB Embassy Bancorp, Inc.
Common Stock
A - Award 693 360,434 0.19
2014-12-24 2014-12-23 4 EMYB Embassy Bancorp, Inc.
Options, Right to Buy
M - Exercise -1,425 0 -100.00 10.00 -14,250
2014-12-24 2014-12-23 4 EMYB Embassy Bancorp, Inc.
Common Stock
M - Exercise 1,425 359,741 0.40 10.00 14,250 3,597,410
2014-01-21 2014-01-17 4 EMYB Embassy Bancorp, Inc.
Common Stock
A - Award 981 358,316 0.27
2013-12-23 2013-12-23 4 EMYB Embassy Bancorp, Inc.
Option, Right to Buy
M - Exercise -1,405 0 -100.00 6.40 -8,992
2013-12-23 2013-12-23 4 EMYB Embassy Bancorp, Inc.
Common Stock
M - Exercise 1,405 357,335 0.39 6.40 8,992 2,286,944
2013-02-26 2013-02-22 4 EMYB Embassy Bancorp, Inc.
Common Stock
A - Award 857 355,930 0.24
2012-09-18 2012-09-17 4 EMYB Embassy Bancorp, Inc.
Option, Right to Buy
M - Exercise -2,109 0 -100.00
2012-09-18 2012-09-17 4 EMYB Embassy Bancorp, Inc.
Common Stock
M - Exercise 2,109 355,073 0.60 3.91 8,246 1,388,335
2012-02-22 2012-02-17 4 EMYB Embassy Bancorp, Inc.
Common Stock
A - Award 750 352,964 0.21
2011-12-23 2011-12-22 4 EMYB Embassy Bancorp, Inc.
Common Stock
P - Purchase 1,969 353,204 0.56 3.75 7,384 1,324,515
2011-12-16 2011-12-15 4 EMYB Embassy Bancorp, Inc.
Common Stock
P - Purchase 353 351,235 0.10 4.00 1,412 1,404,940
2011-12-16 2011-12-15 4 EMYB Embassy Bancorp, Inc.
Common Stock
G - Gift 300 350,882 0.09
2010-11-30 2010-11-26 4 NONE Embassy Bancorp, Inc.
Option, Right to Buy
M - Exercise -75,672 0 -100.00
2010-11-30 2010-11-26 4 NONE Embassy Bancorp, Inc.
Common Stock
S - Sale -13,439 350,582 -3.69 5.50 -73,914 1,928,201
2010-11-30 2010-11-26 4 NONE Embassy Bancorp, Inc.
Common Stock
F - Taxes -39,074 364,021 -9.69 5.50 -214,907 2,002,116
2010-11-30 2010-11-26 4 NONE Embassy Bancorp, Inc.
Common Stock
M - Exercise 75,672 403,095 23.11 2.84 214,908 1,144,790
2010-09-22 2010-09-20 4 NONE Embassy Bancorp, Inc.
Common Stock
W - Other 705 327,423 0.22
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)