Live Oak Bancshares, Inc. - Preferred Stock
US ˙ NYSE

Introduction

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

Security Title Latest Reported Holdings
US:USPH / U.S. Physical Therapy, Inc. Director 15,851
US:LOB / Live Oak Bancshares, Inc. Director 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 Jerald L Pullins. 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 LOB.PRA / Live Oak Bancshares, Inc. - Preferred Stock - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LOB.PRA / Live Oak Bancshares, Inc. - Preferred Stock. 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.

LOB.PRA / Live Oak Bancshares, Inc. - Preferred Stock Insider Trades
Insider Sales LOB.PRA / Live Oak Bancshares, Inc. - Preferred Stock - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LOB.PRA / Live Oak Bancshares, Inc. - Preferred Stock. 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.

LOB.PRA / Live Oak Bancshares, Inc. - Preferred Stock Insider Trades
Insider Purchases USPH / U.S. Physical Therapy, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in LOB.PRA / Live Oak Bancshares, Inc. - Preferred Stock. 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.

USPH / U.S. Physical Therapy, Inc. Insider Trades
Insider Sales USPH / U.S. Physical Therapy, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in LOB.PRA / Live Oak Bancshares, Inc. - Preferred Stock. 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 (%)
2019-08-13 USPH PULLINS JERALD L 5,000 134.8200 5,000 134.8200 674,100 218 47.9100 -434,550 -64.46
2018-08-06 USPH PULLINS JERALD L 4,000 115.0100 4,000 115.0100 460,040
2018-03-09 USPH PULLINS JERALD L 6,100 86.5400 6,100 86.5400 527,894
2016-03-14 USPH PULLINS JERALD L 5,000 51.3500 5,000 51.3500 256,750
2015-08-12 USPH PULLINS JERALD L 4,000 51.5200 4,000 51.5200 206,080
2015-03-16 USPH PULLINS JERALD L 2,000 48.1300 2,000 48.1300 96,260
2014-09-02 USPH PULLINS JERALD L 3,000 35.4600 3,000 35.4600 106,380
2014-08-27 USPH PULLINS JERALD L 3,000 35.8600 3,000 35.8600 107,580
2014-03-28 USPH PULLINS JERALD L 6,000 32.9200 6,000 32.9200 197,520
2014-03-12 USPH PULLINS JERALD L 7,000 32.9800 7,000 32.9800 230,860
2012-08-15 USPH PULLINS JERALD L 2,941 27.0000 2,941 27.0000 79,407
2012-08-15 USPH PULLINS JERALD L 1,500 27.0500 1,500 27.0500 40,575
2012-08-14 USPH PULLINS JERALD L 559 27.2000 559 27.2000 15,205

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

USPH / U.S. Physical Therapy, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Jerald L Pullins 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
2019-08-15 2019-08-13 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -5,000 15,851 -23.98 134.82 -674,100 2,137,032
2019-05-22 2019-05-20 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 1,600 20,851 8.31
2019-05-16 2019-05-14 4 LOB Live Oak Bancshares, Inc.
Restricted Stock Units
M - Exercise -2,000 0 -100.00
2019-05-16 2019-05-14 4 LOB Live Oak Bancshares, Inc.
Voting Common Stock
M - Exercise 2,000 248,590 0.81
2019-05-10 2019-05-08 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
G - Gift -420 19,251 -2.14
2018-09-25 2018-09-25 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
G - Gift -825 19,671 -4.03
2018-08-08 2018-08-06 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -4,000 20,496 -16.33 115.01 -460,040 2,357,245
2018-06-11 2018-06-07 4 LOB Live Oak Bancshares, Inc.
Stock Option (right to buy)
M - Exercise -12,000 18,000 -40.00
2018-06-11 2018-06-07 4 LOB Live Oak Bancshares, Inc.
Voting Common Stock
M - Exercise 12,000 246,590 5.12 4.40 52,800 1,084,996
2018-06-01 2018-05-17 4 LOB Live Oak Bancshares, Inc.
Voting Common Stock
G - Gift -1,892 234,590 -0.80
2018-05-23 2018-05-22 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 2,000 24,496 8.89
2018-05-17 2018-05-15 4 LOB Live Oak Bancshares, Inc.
Restricted Stock Units
A - Award 2,000 2,000
2018-05-11 2018-05-09 4 LOB Live Oak Bancshares, Inc.
Restricted Stock Units
M - Exercise -1,210 0 -100.00
2018-05-11 2018-05-09 4 LOB Live Oak Bancshares, Inc.
Voting Common Stock
M - Exercise 1,210 236,482 0.51
2018-03-20 2018-03-16 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
G - Gift -500 22,496 -2.17
2018-03-13 2018-03-09 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -6,100 22,996 -20.97 86.54 -527,894 1,990,074
2018-02-12 2018-02-06 4 LOB Live Oak Bancshares, Inc.
Voting Common Stock
G - Gift -1,000 235,272 -0.42
2017-12-15 2017-12-11 4 LOB Live Oak Bancshares, Inc.
Voting Common Stock
G - Gift -1,000 236,272 -0.42
2017-10-04 2017-10-03 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 2,000 29,096 7.38
2017-05-25 2017-05-24 4 LOB Live Oak Bancshares, Inc.
Restricted Stock Units
M - Exercise -1,892 0 -100.00
2017-05-25 2017-05-24 4 LOB Live Oak Bancshares, Inc.
Voting Common Stock
M - Exercise 1,892 237,272 0.80
2017-05-11 2017-05-09 4 LOB Live Oak Bancshares, Inc.
Restricted Stock Units
A - Award 1,210 1,210
2016-05-26 2016-05-24 4 LOB Live Oak Bancshares, Inc.
Restricted Stock Units
A - Award 1,892 1,892
2016-05-18 2016-05-17 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 2,500 27,096 10.16
2016-03-15 2016-03-14 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -5,000 24,596 -16.89 51.35 -256,750 1,263,005
2016-02-12 2015-08-20 5 LOB Live Oak Bancshares, Inc.
Voting Common Stock
G - Gift -1,000 235,380 -0.42
2015-08-13 2015-08-12 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -4,000 29,596 -11.91 51.52 -206,080 1,524,786
2015-07-22 3 LOB Live Oak Bancshares, Inc.
Voting Common Stock
472,760
2015-07-22 3 LOB Live Oak Bancshares, Inc.
Voting Common Stock
472,760
2015-05-20 2015-05-18 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 2,750 33,596 8.92
2015-03-17 2015-03-16 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -2,000 30,846 -6.09 48.13 -96,260 1,484,618
2014-09-03 2014-09-02 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -3,000 32,846 -8.37 35.46 -106,380 1,164,719
2014-08-28 2014-08-27 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -3,000 35,846 -7.72 35.86 -107,580 1,285,438
2014-05-14 2014-05-12 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 3,000 38,846 8.37
2014-03-31 2014-03-28 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -6,000 35,846 -14.34 32.92 -197,520 1,180,050
2014-03-13 2014-03-12 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -7,000 41,846 -14.33 32.98 -230,860 1,380,081
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Directors Right to Buy
M - Exercise -5,000 0 -100.00
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Directors Right to Buy
M - Exercise -2,500 5,000 -33.33
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Directors Right to Buy
M - Exercise -10,000 7,500 -57.14
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Directors Right to Buy
M - Exercise -10,000 7,500 -57.14
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
F - Taxes -16,097 48,846 -24.79 25.13 -404,518 1,227,500
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
M - Exercise 5,000 64,943 8.34 18.80 94,000 1,220,928
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
CommonStock
M - Exercise 2,500 59,943 4.35 14.17 35,425 849,392
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
M - Exercise 10,000 57,443 21.08 15.00 150,000 861,645
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
M - Exercise 10,000 47,443 26.71 12.51 125,100 593,512
2013-05-15 2013-05-13 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 3,250 37,443 9.50
2012-08-16 2012-08-15 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -1,500 34,193 -4.20 27.05 -40,575 924,921
2012-08-16 2012-08-15 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -2,941 35,693 -7.61 27.00 -79,407 963,711
2012-08-15 2012-08-14 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
S - Sale -559 38,634 -1.43 27.20 -15,205 1,050,845
2012-08-15 2012-08-13 4 USPH U S PHYSICAL THERAPY INC /NV
Director's Stock Option Right to Buy
M - Exercise -30,000 27,500 -52.17
2012-08-15 2012-08-13 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
F - Taxes -14,057 39,193 -26.40 27.21 -382,491 1,066,442
2012-08-15 2012-08-13 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
M - Exercise 30,000 53,250 129.03 12.75 382,500 678,938
2012-05-17 2012-05-15 4 USPH U S PHYSICAL THERAPY INC /NV
Common Stock
A - Award 3,250 23,250 16.25
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)