Modine Manufacturing Company
US ˙ NYSE ˙ US6078281002

Introduction

This page provides a comprehensive analysis of the known insider trading history of James R Rulseh. 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 James R Rulseh has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:WWD / Woodward, Inc. Director 4,800
US:ACW / Accuride Corp Director 0
US:MOD / Modine Manufacturing Company Group Vice President 22,495
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by James R Rulseh. 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 MOD / Modine Manufacturing Company - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MOD / Modine Manufacturing Company. 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.

MOD / Modine Manufacturing Company Insider Trades
Insider Sales MOD / Modine Manufacturing Company - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MOD / Modine Manufacturing Company. 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.

MOD / Modine Manufacturing Company Insider Trades
Insider Purchases WWD / Woodward, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in MOD / Modine Manufacturing Company. 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.

WWD / Woodward, Inc. Insider Trades
Insider Sales WWD / Woodward, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in MOD / Modine Manufacturing Company. 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 (%)
2019-02-21 WWD RULSEH JAMES R 7,000 95.9207 7,000 95.9207 671,445 29 93.16 -19,324 -2.88
2018-08-02 WWD RULSEH JAMES R 4,112 79.0850 4,112 79.0850 325,198
2017-02-16 WWD RULSEH JAMES R 3,500 70.1400 3,500 70.1400 245,490
2015-06-01 WWD RULSEH JAMES R 5,025 51.2699 5,025 51.2699 257,631
2015-06-01 WWD RULSEH JAMES R 6,200 51.2699 6,200 51.2699 317,873
2014-04-28 WWD RULSEH JAMES R 7,600 44.1058 7,600 44.1058 335,204
2013-08-13 WWD RULSEH JAMES R 9,500 42.2098 9,500 42.2098 400,993
2011-11-17 WWD RULSEH JAMES R 17,200 39.0500 17,200 39.0500 671,660

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

WWD / Woodward, Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by James R Rulseh 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
2020-10-05 2020-10-01 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
A - Award 4,800 4,800
2019-10-03 2019-10-01 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
A - Award 4,200 4,200
2019-02-22 2019-02-21 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
S - Sale -7,000 3,000 -70.00 95.92 -671,445 287,762
2018-10-03 2018-10-01 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
A - Award 5,200 5,200
2018-08-22 2018-08-02 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
S - Sale -4,112 10,000 -29.14 79.08 -325,198 790,850
2017-10-04 2017-10-02 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
A - Award 6,000 6,000
2017-02-21 2017-02-16 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
S - Sale -3,500 14,112 -19.87 70.14 -245,490 989,816
2017-01-27 2017-01-25 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
A - Award 7,000 7,000
2016-11-21 2016-11-18 4 ACW ACCURIDE CORP
Restricted Stock Units
M - Exercise -25,765 0 -100.00
2016-11-21 2016-11-18 4 ACW ACCURIDE CORP
Common Stock, par value $0.01 per share
D - Sale to Issuer -59,275 0 -100.00 2.58 -152,930
2016-11-21 2016-11-18 4 ACW ACCURIDE CORP
Common Stock, par value $0.01 per share
M - Exercise 25,765 59,275 76.89
2016-03-14 2016-03-10 4 ACW ACCURIDE CORP
Restricted Stock Units
A - Award 16,402 16,402
2016-02-25 2016-02-25 4 ACW ACCURIDE CORP
Restricted Stock Units
M - Exercise -11,321 0 -100.00
2016-02-25 2016-02-25 4 ACW ACCURIDE CORP
Common Stock
M - Exercise 11,321 33,510 51.02
2015-10-05 2015-10-01 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
A - Award 9,600 9,600
2015-06-02 2015-06-01 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
M - Exercise -6,200 0 -100.00
2015-06-02 2015-06-01 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
M - Exercise -5,025 1,675 -75.00
2015-06-02 2015-06-01 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
S - Sale -6,200 17,612 -26.04 51.27 -317,873 902,965
2015-06-02 2015-06-01 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
S - Sale -5,025 23,812 -17.43 51.27 -257,631 1,220,839
2015-06-02 2015-06-01 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
M - Exercise 6,200 28,837 27.39 32.04 198,648 923,937
2015-06-02 2015-06-01 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
M - Exercise 5,025 22,637 28.53 25.57 128,489 578,828
2015-02-27 2015-02-26 4 ACW ACCURIDE CORP
Restricted Stock Units
M - Exercise -13,762 0 -100.00
2015-02-27 2015-02-26 4 ACW ACCURIDE CORP
Common Stock
M - Exercise 13,762 22,189 163.31
2015-02-27 2015-02-25 4 ACW ACCURIDE CORP
Restricted Stock Units
A - Award 11,321 11,321
2014-10-03 2014-10-01 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
A - Award 6,000 6,000
2014-04-30 2014-04-28 4 WWD Woodward, Inc.
Non-Qualified Stock Option (Right to Buy)
M - Exercise -7,600 0 -100.00
2014-04-30 2014-04-28 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
S - Sale -7,600 17,612 -30.14 44.11 -335,204 776,791
2014-04-30 2014-04-28 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
M - Exercise 7,600 25,212 43.15 23.18 176,168 584,414
2014-03-07 2014-03-06 4 ACW ACCURIDE CORP
Restricted Stock Units
M - Exercise -8,427 0 -100.00
2014-03-07 2014-03-06 4 ACW ACCURIDE CORP
Common Stock
M - Exercise 8,427 8,427
2014-02-28 2014-02-26 4 ACW ACCURIDE CORP
Restricted Stock Units
A - Award 13,762 13,762
2013-10-31 2013-10-30 4 ACW ACCURIDE CORP
Restricted Stock Units
A - Award 9,363 9,363
2013-10-31 2013-10-30 4 ACW ACCURIDE CORP
Restricted Stock Units
A - Award 8,427 8,427
2013-10-03 2013-10-01 4 WWD Woodward, Inc.
Nonqualified Stock Option (right to buy)
A - Award 5,395 5,395
2013-08-14 2013-08-13 4 WWD Woodward, Inc.
Nonqualified Stock Option (right to buy)
M - Exercise -3,800 0 -100.00
2013-08-14 2013-08-13 4 WWD Woodward, Inc.
Nonqualified Stock Option (right to buy)
M - Exercise -5,700 0 -100.00
2013-08-14 2013-08-13 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
S - Sale -9,500 17,612 -35.04 42.21 -400,993 743,399
2013-08-14 2013-08-13 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
M - Exercise 3,800 27,112 16.30 18.67 70,946 506,181
2013-08-14 2013-08-13 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
M - Exercise 5,700 23,312 32.36 32.73 186,561 763,002
2013-05-30 3 ACW ACCURIDE CORP
Common Stock
0
2012-10-03 2012-10-01 4 WWD Woodward, Inc.
Nonqualified Stock Option (right to buy)
A - Award 5,100 5,100
2011-11-18 2011-11-17 4 WWD Woodward, Inc.
Nonqualified Stock Option (right to buy)
M - Exercise -8,200 0 -100.00
2011-11-18 2011-11-17 4 WWD Woodward, Inc.
Nonqualified Stock Option (right to buy)
M - Exercise -9,000 0 -100.00
2011-11-18 2011-11-17 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
S - Sale -17,200 17,612 -49.41 39.05 -671,660 687,749
2011-11-18 2011-11-17 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
M - Exercise 8,200 34,812 30.81 18.49 151,618 643,674
2011-11-18 2011-11-17 4 WWD Woodward, Inc.
Woodward, Inc. Common Stock
M - Exercise 9,000 26,612 51.10 13.50 121,500 359,262
2011-10-05 2011-10-03 4 WWD Woodward, Inc.
Nonqualified Employee Stock Option (right to buy)
A - Award 6,700 6,700
2010-10-05 2010-10-01 4 WGOV WOODWARD GOVERNOR CO
Nonqualified Stock Option (right to buy)
A - Award 6,200 6,200
2009-10-06 2009-10-01 4 WGOV WOODWARD GOVERNOR CO
Nonqualified Stock Option (right to buy)
A - Award 7,600 7,600
2008-11-25 2008-11-24 4 WGOV WOODWARD GOVERNOR CO
Nonqualified Stock Option (right to buy)
A - Award 3,800 3,800
2007-11-19 2007-11-16 4 WGOV WOODWARD GOVERNOR CO
Nonqualified Stock Option (right to buy)
A - Award 2,850 2,850
2003-12-18 2003-12-17 4 MODI MODINE MANUFACTURING CO
Modine common stock
A - Award 2 22,495 0.01 28.13 47 632,792
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)