Nuburu, Inc. - Equity Warrant
US ˙ OTCPK ˙ US67021W1119

Introduction

This page provides a comprehensive analysis of the known insider trading history of David Seldin. 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.

See Highest Ranking Insiders
Companies with Reported Insider Positions

The SEC filings indicate David Seldin has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:BURU / Nuburu, Inc. 10% Owner 5,551
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by David Seldin. 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 BURUW / Nuburu, Inc. - Equity Warrant - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BURUW / Nuburu, Inc. - Equity Warrant. 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.

BURUW / Nuburu, Inc. - Equity Warrant Insider Trades
Insider Sales BURUW / Nuburu, Inc. - Equity Warrant - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in BURUW / Nuburu, Inc. - Equity Warrant. 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 (%)
2023-08-11 BURU Seldin David 1,325 0.6934 33 27.7360 919 319 0.026 -917 -99.91
2023-08-11 BURU Seldin David 527 0.6934 13 27.7360 365
2023-08-11 BURU Seldin David 242 0.6934 6 27.7360 168
2023-08-11 BURU Seldin David 199 0.6934 5 27.7360 138
2023-08-11 BURU Seldin David 66 0.6934 2 27.7360 46
2023-08-11 BURU Seldin David 23 0.6934 1 27.7360 16
2023-08-11 BURU Seldin David 13 0.6934 0 27.7360 9
2023-08-11 BURU Seldin David 3 0.6934 0 27.7360 2
2023-08-11 BURU Seldin David 2 0.6934 0 27.7360 1
2023-08-10 BURU Seldin David 323,586 0.7408 8,090 29.6320 239,713
2023-08-10 BURU Seldin David 128,584 0.7408 3,215 29.6320 95,255
2023-08-10 BURU Seldin David 59,142 0.7408 1,479 29.6320 43,812
2023-08-10 BURU Seldin David 48,597 0.7408 1,215 29.6320 36,001
2023-08-10 BURU Seldin David 16,075 0.7408 402 29.6320 11,908
2023-08-10 BURU Seldin David 5,687 0.7408 142 29.6320 4,213
2023-08-10 BURU Seldin David 3,294 0.7408 82 29.6320 2,440
2023-08-10 BURU Seldin David 776 0.7408 19 29.6320 575
2023-08-10 BURU Seldin David 388 0.7408 10 29.6320 287
2023-08-09 BURU Seldin David 19,777 0.6815 494 27.2600 13,478
2023-08-09 BURU Seldin David 7,859 0.6815 196 27.2600 5,356
2023-08-09 BURU Seldin David 3,615 0.6815 90 27.2600 2,464
2023-08-09 BURU Seldin David 2,970 0.6815 74 27.2600 2,024
2023-08-09 BURU Seldin David 983 0.6815 25 27.2600 670
2023-08-09 BURU Seldin David 348 0.6815 9 27.2600 237
2023-08-09 BURU Seldin David 201 0.6815 5 27.2600 137
2023-08-09 BURU Seldin David 47 0.6815 1 27.2600 32
2023-08-09 BURU Seldin David 24 0.6815 1 27.2600 16
2023-08-08 BURU Seldin David 4,444,324 1.0874 111,108 43.4960 4,832,758
2023-08-08 BURU Seldin David 1,766,048 1.0874 44,151 43.4960 1,920,401
2023-08-08 BURU Seldin David 812,289 1.0874 20,307 43.4960 883,283
2023-08-08 BURU Seldin David 667,465 1.0874 16,687 43.4960 725,801
2023-08-08 BURU Seldin David 220,790 1.0874 5,520 43.4960 240,087
2023-08-08 BURU Seldin David 78,111 1.0874 1,953 43.4960 84,938
2023-08-08 BURU Seldin David 45,243 1.0874 1,131 43.4960 49,197
2023-08-08 BURU Seldin David 10,655 1.0874 266 43.4960 11,586
2023-08-08 BURU Seldin David 5,328 1.0874 133 43.4960 5,794
2023-08-07 BURU Seldin David 8,281 0.7104 207 28.4160 5,883
2023-08-07 BURU Seldin David 3,291 0.7104 82 28.4160 2,338
2023-08-07 BURU Seldin David 1,514 0.7104 38 28.4160 1,076
2023-08-07 BURU Seldin David 1,244 0.7104 31 28.4160 884
2023-08-07 BURU Seldin David 411 0.7104 10 28.4160 292
2023-08-07 BURU Seldin David 146 0.7104 4 28.4160 104
2023-08-07 BURU Seldin David 84 0.7104 2 28.4160 60
2023-08-07 BURU Seldin David 20 0.7104 0 28.4160 14
2023-08-07 BURU Seldin David 10 0.7104 0 28.4160 7
2023-06-22 BURU Seldin David 53 0.7165 1 28.6600 38
2023-06-16 BURU Seldin David 4,720 0.7104 118 28.4160 3,353
2023-06-16 BURU Seldin David 1,876 0.7104 47 28.4160 1,333
2023-06-16 BURU Seldin David 863 0.7104 22 28.4160 613
2023-06-16 BURU Seldin David 709 0.7104 18 28.4160 504
2023-06-16 BURU Seldin David 235 0.7104 6 28.4160 167
2023-06-16 BURU Seldin David 83 0.7104 2 28.4160 59
2023-06-16 BURU Seldin David 49 0.7104 1 28.4160 35
2023-06-16 BURU Seldin David 11 0.7104 0 28.4160 8
2023-06-16 BURU Seldin David 5 0.7104 0 28.4160 4
2023-06-15 BURU Seldin David 100 0.7380 2 29.5200 74
2023-06-14 BURU Seldin David 4,721 0.7410 118 29.6400 3,498
2023-06-14 BURU Seldin David 1,876 0.7410 47 29.6400 1,390
2023-06-14 BURU Seldin David 863 0.7410 22 29.6400 639
2023-06-14 BURU Seldin David 709 0.7410 18 29.6400 525
2023-06-14 BURU Seldin David 235 0.7410 6 29.6400 174
2023-06-14 BURU Seldin David 83 0.7410 2 29.6400 62
2023-06-14 BURU Seldin David 48 0.7410 1 29.6400 36
2023-06-14 BURU Seldin David 11 0.7410 0 29.6400 8
2023-06-14 BURU Seldin David 6 0.7410 0 29.6400 4

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

BURUW / Nuburu, Inc. - Equity Warrant Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by David Seldin 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
2024-11-25 2024-11-21 4 BURU Nuburu, Inc.
Common Stock 		J - Other 5,391 5,551 3,369.38
2024-11-25 2024-11-21 4 BURU Nuburu, Inc.
Common Stock 		J - Other 25,544 25,863 8,007.52
2024-11-25 2024-11-21 4 BURU Nuburu, Inc.
Common Stock 		J - Other 61,085 67,694 924.27
2024-11-25 2024-11-21 4 BURU Nuburu, Inc.
Common Stock 		J - Other -19,979 0 -100.00
2024-11-25 2024-11-21 4 BURU Nuburu, Inc.
Common Stock 		J - Other -24,314 0 -100.00
2024-11-25 2024-11-21 4 BURU Nuburu, Inc.
Common Stock 		J - Other -52,862 0 -100.00
2024-11-25 2024-11-21 4 BURU Nuburu, Inc.
Common Stock 		J - Other -133,024 0 -100.00
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -2 6,378 -0.03 0.69 -1 4,423
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -3 12,759 -0.02 0.69 -2 8,847
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -13 54,169 -0.02 0.69 -9 37,561
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -23 93,521 -0.02 0.69 -16 64,847
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -66 264,346 -0.02 0.69 -46 183,298
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -199 799,143 -0.02 0.69 -138 554,126
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -242 972,535 -0.02 0.69 -168 674,356
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -527 2,114,451 -0.02 0.69 -365 1,466,160
2023-08-11 2023-08-11 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -1,325 5,320,946 -0.02 0.69 -919 3,689,544
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -388 6,380 -5.73 0.74 -287 4,726
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -776 12,762 -5.73 0.74 -575 9,454
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -3,294 54,182 -5.73 0.74 -2,440 40,138
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -5,687 93,544 -5.73 0.74 -4,213 69,297
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -16,075 264,412 -5.73 0.74 -11,908 195,876
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -48,597 799,342 -5.73 0.74 -36,001 592,153
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -59,142 972,777 -5.73 0.74 -43,812 720,633
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -128,584 2,114,978 -5.73 0.74 -95,255 1,566,776
2023-08-11 2023-08-10 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -323,586 5,322,271 -5.73 0.74 -239,713 3,942,738
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -24 6,768 -0.35 0.68 -16 4,612
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -47 13,538 -0.35 0.68 -32 9,226
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -201 57,476 -0.35 0.68 -137 39,170
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -348 99,231 -0.35 0.68 -237 67,626
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -983 280,487 -0.35 0.68 -670 191,152
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -2,970 847,939 -0.35 0.68 -2,024 577,870
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -3,615 1,031,919 -0.35 0.68 -2,464 703,253
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -7,859 2,243,562 -0.35 0.68 -5,356 1,528,988
2023-08-11 2023-08-09 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -19,777 5,645,857 -0.35 0.68 -13,478 3,847,652
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -5,328 6,792 -43.96 1.09 -5,794 7,386
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -10,655 13,585 -43.96 1.09 -11,586 14,772
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -45,243 57,677 -43.96 1.09 -49,197 62,718
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -78,111 99,579 -43.96 1.09 -84,938 108,282
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -220,790 281,470 -43.96 1.09 -240,087 306,070
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -667,465 850,909 -43.96 1.09 -725,801 925,278
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -812,289 1,035,534 -43.96 1.09 -883,283 1,126,040
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -1,766,048 2,251,421 -43.96 1.09 -1,920,401 2,448,195
2023-08-09 2023-08-08 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -4,444,324 5,665,634 -43.96 1.09 -4,832,758 6,160,810
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -10 12,120 -0.08 0.71 -7 8,610
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -20 24,240 -0.08 0.71 -14 17,220
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -84 102,920 -0.08 0.71 -60 73,114
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -146 177,690 -0.08 0.71 -104 126,231
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -411 502,260 -0.08 0.71 -292 356,806
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -1,244 1,518,374 -0.08 0.71 -884 1,078,653
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -1,514 1,847,823 -0.08 0.71 -1,076 1,312,693
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -3,291 4,017,469 -0.08 0.71 -2,338 2,854,010
2023-08-09 2023-08-07 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -8,281 10,109,958 -0.08 0.71 -5,883 7,182,114
2023-06-23 2023-06-22 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -53 10,118,239 0.00 0.72 -38 7,249,718
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -5 12,130 -0.04 0.71 -4 8,617
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -11 24,260 -0.05 0.71 -8 17,234
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -49 103,004 -0.05 0.71 -35 73,174
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -83 177,836 -0.05 0.71 -59 126,335
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -235 502,671 -0.05 0.71 -167 357,097
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -709 1,519,618 -0.05 0.71 -504 1,079,537
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -863 1,849,337 -0.05 0.71 -613 1,313,769
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -1,876 4,020,760 -0.05 0.71 -1,333 2,856,348
2023-06-23 2023-06-16 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -4,720 10,118,292 -0.05 0.71 -3,353 7,188,035
2023-06-16 2023-06-15 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -100 10,123,012 0.00 0.74 -74 7,470,783
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -6 12,135 -0.05 0.74 -4 8,992
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -11 24,271 -0.05 0.74 -8 17,985
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -48 103,053 -0.05 0.74 -36 76,362
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -83 177,919 -0.05 0.74 -62 131,838
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -235 502,906 -0.05 0.74 -174 372,653
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -709 1,520,327 -0.05 0.74 -525 1,126,562
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -863 1,850,200 -0.05 0.74 -639 1,370,998
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -1,876 4,022,636 -0.05 0.74 -1,390 2,980,773
2023-06-16 2023-06-14 4 BURU Nuburu, Inc.
Common Stock 		S - Sale -4,721 10,123,112 -0.05 0.74 -3,498 7,501,226
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 12,141 12,141
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 103,101 103,101
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 24,282 24,282
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 10,127,833 10,127,833
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 1,521,036 1,521,036
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 1,851,063 1,851,063
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 4,024,512 4,024,512
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 30,305 178,002 20.52
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 147,697 147,697
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 381,730 503,141 314.41
2023-02-02 2023-01-31 4 BURU Nuburu, Inc.
Common Stock 		A - Award 121,411 121,411
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)