Christopher J Reading - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Christopher J Reading. 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 Christopher J Reading 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 Christopher J Reading. 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 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 USPH / U.S. Physical Therapy, 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 (%)
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 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 USPH / U.S. Physical Therapy, 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 (%)
2025-09-04	USPH	READING CHRISTOPHER J	2,000	83.5300	2,000	83.5300	167,060	5	84.3600	1,660	0.99
2024-05-30	USPH	READING CHRISTOPHER J	2,900	100.2600	2,900	100.2600	290,754
2024-05-29	USPH	READING CHRISTOPHER J	1,000	100.1300	1,000	100.1300	100,130
2024-05-28	USPH	READING CHRISTOPHER J	1,100	102.1300	1,100	102.1300	112,343
2022-12-05	USPH	READING CHRISTOPHER J	5,000	90.0000	5,000	90.0000	450,000
2022-12-02	USPH	READING CHRISTOPHER J	10,000	90.0100	10,000	90.0100	900,100
2021-12-17	USPH	READING CHRISTOPHER J	12,000	93.8900	12,000	93.8900	1,126,680
2020-12-04	USPH	READING CHRISTOPHER J	6,000	106.6700	6,000	106.6700	640,020
2019-08-19	USPH	READING CHRISTOPHER J	4,899	135.1200	4,899	135.1200	661,953
2019-08-16	USPH	READING CHRISTOPHER J	1,500	135.0700	1,500	135.0700	202,605
2019-08-15	USPH	READING CHRISTOPHER J	601	135.3900	601	135.3900	81,369
2019-05-21	USPH	READING CHRISTOPHER J	9,860	120.5200	9,860	120.5200	1,188,327
2019-05-20	USPH	READING CHRISTOPHER J	10,000	118.2200	10,000	118.2200	1,182,200
2018-08-14	USPH	READING CHRISTOPHER J	8,768	115.5700	8,768	115.5700	1,013,318
2018-08-07	USPH	READING CHRISTOPHER J	451	115.7800	451	115.7800	52,217
2018-08-06	USPH	READING CHRISTOPHER J	781	116.5800	781	116.5800	91,049
2018-05-11	USPH	READING CHRISTOPHER J	2,672	92.1600	2,672	92.1600	246,252
2018-05-10	USPH	READING CHRISTOPHER J	8,689	92.0500	8,689	92.0500	799,822
2018-05-09	USPH	READING CHRISTOPHER J	13,639	92.0100	13,639	92.0100	1,254,924
2018-03-09	USPH	READING CHRISTOPHER J	12,000	86.5700	12,000	86.5700	1,038,840
2017-11-08	USPH	READING CHRISTOPHER J	15,000	66.5200	15,000	66.5200	997,800
2016-09-19	USPH	READING CHRISTOPHER J	8,000	64.0100	8,000	64.0100	512,080
2016-05-10	USPH	READING CHRISTOPHER J	15,000	57.8200	15,000	57.8200	867,300
2015-11-20	USPH	READING CHRISTOPHER J	3,152	52.0800	3,152	52.0800	164,156
2015-11-19	USPH	READING CHRISTOPHER J	21,848	52.1300	21,848	52.1300	1,138,936
2015-03-19	USPH	READING CHRISTOPHER J	22,600	48.1200	22,600	48.1200	1,087,512
2015-03-16	USPH	READING CHRISTOPHER J	2,400	49.2900	2,400	49.2900	118,296
2014-11-28	USPH	READING CHRISTOPHER J	9,159	39.3100	9,159	39.3100	360,040
2014-11-26	USPH	READING CHRISTOPHER J	600	39.0000	600	39.0000	23,400
2014-11-25	USPH	READING CHRISTOPHER J	10,241	39.0000	10,241	39.0000	399,399
2013-06-13	USPH	READING CHRISTOPHER J	18,271	29.0500	18,271	29.0500	530,773
2013-06-12	USPH	READING CHRISTOPHER J	1,729	29.0200	1,729	29.0200	50,176
2012-09-04	USPH	READING CHRISTOPHER J	28,537	26.3800	28,537	26.3800	752,806
2012-08-31	USPH	READING CHRISTOPHER J	21,556	26.0200	21,556	26.0200	560,887

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 Christopher J Reading as disclosed to the Securities Exchange Commission (SEC).