Ashland Inc.
US ˙ NYSE ˙ US0441861046

Introduction

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

Security Title Latest Reported Holdings
US:CE / Celanese Corporation Chairman and CEO, Director 716,257
US:ASH / Ashland Inc. Director 57,485
Director 25,823
US:ALB / Albemarle Corporation President & CEO, Director 240,688
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Mark C Rohr. 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 ASH / Ashland Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ASH / Ashland 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.

ASH / Ashland Inc. Insider Trades
Insider Sales ASH / Ashland Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ASH / Ashland 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 (%)
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.

ASH / Ashland Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Mark C Rohr 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
2020-02-19 2020-02-15 4 CE Celanese Corp
Common Stock
F - Taxes -87,825 716,257 -10.92 109.58 -9,623,864 78,487,442
2020-02-19 2020-02-15 4 CE Celanese Corp
Common Stock
A - Award 178,379 804,082 28.51
2020-02-03 2020-01-30 4 ASH ASHLAND GLOBAL HOLDINGS INC
Restricted Stock Units
A - Award 1,449 57,485 2.59 75.90 109,979 4,363,112
2019-02-20 2019-02-15 4 CE Celanese Corp
Common Stock
F - Taxes -94,809 625,703 -13.16 99.97 -9,478,056 62,551,529
2019-02-20 2019-02-15 4 CE Celanese Corp
Common Stock
A - Award 213,501 720,512 42.11
2019-02-15 2019-02-13 4 CE Celanese Corp
Non-Qualified Stock Option (right to buy)
M - Exercise -30,032 0 -100.00
2019-02-15 2019-02-13 4 CE Celanese Corp
Common Stock
F - Taxes -20,095 507,011 -3.81 99.47 -1,998,850 50,432,384
2019-02-15 2019-02-13 4 CE Celanese Corp
Common Stock
M - Exercise 30,032 527,106 6.04 45.38 1,362,852 23,920,070
2019-02-12 2019-02-08 4 ASH ASHLAND GLOBAL HOLDINGS INC
Restricted Stock Units
A - Award 1,413 55,248 2.62 77.85 110,002 4,301,057
2019-02-08 2019-02-06 4 CE Celanese Corp
Common Stock
A - Award 42,571 497,074 9.37
2019-02-08 2018-11-05 5 CE Celanese Corp
Common Stock
G - Gift -500 454,503 -0.11
2018-02-12 2018-02-08 4 CE Celanese Corp
Series A Common Stock
A - Award 83,134 455,003 22.36
2018-01-26 2018-01-25 4 ASH ASHLAND GLOBAL HOLDINGS INC
Restricted Stock Units
A - Award 1,453 53,153 2.81 75.71 110,007 4,024,214
2018-01-03 2018-01-01 4 CE Celanese Corp
Series A Common Stock
F - Taxes -8,181 371,869 -2.15 107.92 -882,894 40,132,102
2017-06-06 2017-06-05 4 ASH ASHLAND GLOBAL HOLDINGS INC
Common Stock
A - Award 883 6,883 14.72
2017-06-06 2017-06-02 4 ASH ASHLAND GLOBAL HOLDINGS INC
Restricted Stock Units
A - Award 24,045 51,262 88.35
2017-02-17 2017-02-15 4 CE Celanese Corp
Series A Common Stock
F - Taxes -8,146 380,050 -2.10 88.44 -720,473 33,613,522
2017-02-17 2017-02-15 4 CE Celanese Corp
Series A Common Stock
A - Award 38,834 388,196 11.12
2017-01-27 2017-01-26 4 ASH ASHLAND GLOBAL HOLDINGS INC
Restricted Stock Units
A - Award 946 27,132 3.61 116.25 109,972 3,154,095
2017-01-04 2017-01-01 4 CE Celanese Corp
Series A Common Stock
F - Taxes -51,902 349,362 -12.93 78.96 -4,098,441 27,587,370
2016-06-20 2016-06-16 4 CE Celanese Corp
Non-Qualified Stock Option (right to buy)
M - Exercise -25,000 0 -100.00
2016-06-20 2016-06-16 4 CE Celanese Corp
Series A Common Stock
S - Sale -17,200 401,264 -4.11 69.50 -1,195,452 27,889,052
2016-06-20 2016-06-16 4 CE Celanese Corp
Series A Common Stock
M - Exercise 25,000 418,464 6.35 32.68 817,000 13,675,404
2016-02-05 2016-02-03 4 CE Celanese Corp
Series A Common Stock
F - Taxes -51,854 393,464 -11.64 61.73 -3,200,947 24,288,533
2016-02-05 2016-02-03 4 CE Celanese Corp
Series A Common Stock
A - Award 247,218 445,318 124.79
2016-01-29 2016-01-27 4 ASH ASHLAND INC.
Restricted Stock Units
A - Award 1,166 25,823 4.73 94.32 109,977 2,435,625
2016-01-05 2016-01-01 4 CE Celanese Corp
Series A Common Stock
F - Taxes -44,512 198,100 -18.35 67.41 -3,000,554 13,353,921
2016-01-05 2016-01-01 4 CE Celanese Corp
Series A Common Stock
A - Award 106,068 242,612 77.68
2015-09-17 2015-09-15 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 91 24,564 0.37 105.50 9,600 2,591,502
2015-06-17 2015-06-15 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 75 24,473 0.31 125.49 9,412 3,071,117
2015-04-07 2015-04-05 4 CE Celanese Corp
Series A Common Stock
F - Taxes -9,264 136,544 -6.35 55.54 -514,523 7,583,654
2015-03-17 2015-03-13 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 66 24,398 0.27 125.00 8,250 3,049,750
2015-02-06 2015-02-04 4 CE Celanese Corp
Series A Common Stock
F - Taxes -44,442 145,808 -23.36 53.74 -2,388,091 7,834,993
2015-02-06 2015-02-04 4 CE Celanese Corp
Series A Common Stock
A - Award 106,066 190,250 125.99
2015-01-30 2015-01-28 4 ASH ASHLAND INC.
Restricted Stock Units
A - Award 944 24,332 4.04 116.54 110,014 2,835,651
2014-12-17 2014-12-15 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 69 23,388 0.30 115.43 7,965 2,699,677
2014-09-17 2014-09-15 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 74 23,319 0.32 107.12 7,927 2,497,931
2014-06-16 2014-06-13 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 75 23,245 0.32 105.30 7,898 2,447,698
2014-03-18 2014-03-14 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 83 23,170 0.36 94.58 7,850 2,191,419
2014-02-03 2014-01-30 4 ASH ASHLAND INC.
Restricted Stock Units
A - Award 1,062 23,087 4.82 94.12 99,955 2,172,948
2013-12-17 2013-12-13 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 80 22,025 0.36 93.84 7,507 2,066,826
2013-09-16 2013-09-13 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 81 21,945 0.37 91.41 7,404 2,005,992
2013-06-18 2013-06-14 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 86 21,864 0.39 86.22 7,415 1,885,114
2013-04-08 2013-04-05 4 CE Celanese Corp
Series A Common Stock
F - Taxes -6,021 84,184 -6.67 42.20 -254,086 3,552,565
2013-03-19 2013-03-15 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 60 21,778 0.28 81.02 4,861 1,764,454
2013-01-31 2013-01-30 4 ASH ASHLAND INC.
Restricted Stock Units
A - Award 1,271 21,718 6.22 78.69 100,015 1,708,989
2012-12-17 2012-12-14 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 60 20,447 0.29 75.75 4,545 1,548,860
2012-10-03 2012-10-01 4 CE Celanese Corp
Series A Common Stock
F - Taxes -5,823 90,205 -6.06 38.08 -221,740 3,435,006
2012-09-18 2012-09-14 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 60 20,387 0.30 76.40 4,584 1,557,567
2012-06-19 2012-06-15 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 69 20,327 0.34 66.44 4,584 1,350,526
2012-04-09 2012-04-05 4 CE Celanese CORP
Non-Qualified Stock Option (right to buy)
A - Award 30,032 30,032
2012-04-09 2012-04-05 4 CE Celanese CORP
Series A Common Stock
A - Award 66,108 96,028 220.95
2012-03-19 2012-03-15 4 ASH ASHLAND INC.
Restricted Stock Units
J - Other 56 20,258 0.28 63.20 3,539 1,280,306
2012-01-30 2012-01-26 4 ASH ASHLAND INC.
Restricted Stock Units
A - Award 1,564 20,202 8.39 63.95 100,018 1,291,918
2008-07-28 2008-07-24 4 ALB ALBEMARLE CORP
Common Stock
P - Purchase 5,000 240,688 2.12 36.74 183,700 8,842,877
2008-02-06 2008-02-05 4 ALB ALBEMARLE CORP
Performance Unit
M - Exercise -105,000 105,000 -50.00
2008-02-06 2008-02-05 4 ALB ALBEMARLE CORP
Performance Unit
A - Award 210,000 210,000
2008-02-06 2008-02-05 4 ALB ALBEMARLE CORP
Common Stock
F - Taxes -41,614 235,688 -15.01 37.10 -1,543,879 8,744,025
2008-02-06 2008-02-05 4 ALB ALBEMARLE CORP
Common Stock
M - Exercise 105,000 277,302 60.94
2008-02-06 2008-02-05 4 ALB ALBEMARLE CORP
Common Stock
A - Award 6,000 172,302 3.61
2007-05-01 3 CE Celanese CORP
Class A Common Stock
1,000
2007-05-01 2017-04-26 4 CE Celanese CORP
Restricted Stock Unit
A - Award 2,607 2,607
2007-05-01 2017-04-26 4 CE Celanese CORP
Non-qualified Stock Option (Right to Buy)
A - Award 25,000 25,000
2004-01-06 2004-01-05 4 ALB ALBEMARLE CORP
Common Stock
M - Exercise 666 16,489 4.21
2004-01-06 2004-01-05 4 ALB ALBEMARLE CORP
Common Stock
M - Exercise 500 15,799 3.27
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)