Introduction

This page provides a comprehensive analysis of the known insider trading history of Neil H Shah. 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.

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Companies with Reported Insider Positions

The SEC filings indicate Neil H Shah has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:HT / Hersha Hospitality Trust - Class A President and COO 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 Neil H Shah. 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 Trading History

This table shows the complete list of insider trades made by Neil H Shah 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
2023-11-28 2023-11-28 4 HT HERSHA HOSPITALITY TRUST
6.50% Series D Cumulative Redeemable Preferred Shares 		D - Sale to Issuer -25,000 0 -100.00
2023-11-28 2023-11-28 4 HT HERSHA HOSPITALITY TRUST
6.875% Series C Cumulative Redeemable Preferred Shares 		D - Sale to Issuer -1,800 0 -100.00
2023-11-28 2023-11-28 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		D - Sale to Issuer -75,000 0 -100.00
2023-11-28 2023-11-28 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		D - Sale to Issuer -558,811 0 -100.00
2022-01-04 2021-12-31 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 324,060 1,698,966 23.57
2021-03-19 2021-03-17 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 260,944 1,374,906 23.42
2020-11-02 2020-10-29 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase X 5,300 558,811 0.96 4.75 25,175 2,654,352
2020-07-13 2020-07-09 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase X 20,000 553,511 3.75 5.00 100,000 2,767,555
2020-06-24 2020-06-24 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 20,000 533,511 3.89 5.63 112,600 3,003,667
2020-06-24 2020-06-23 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 5,000 513,511 0.98 6.00 30,000 3,081,066
2020-06-24 2020-06-22 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 5,000 508,511 0.99 5.95 29,750 3,025,640
2020-05-15 2020-05-14 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 10,000 503,511 2.03 3.72 37,184 1,872,255
2020-05-15 2020-05-13 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 10,000 493,511 2.07 3.84 38,444 1,897,254
2020-05-11 2020-05-07 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,761 482,493 0.37 4.10 7,220 1,978,173
2020-05-11 2020-05-11 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,018 483,511 0.21 4.24 4,316 2,050,087
2020-04-28 2020-04-24 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 9,600 480,732 2.04 4.21 40,426 2,024,362
2020-04-15 2020-04-13 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 376,048 1,113,962 50.96
2020-04-09 2020-04-07 4 HT HERSHA HOSPITALITY TRUST
6.50% Series D Cumulative Redeemable Preferred Shares 		P - Purchase 25,000 25,000 6.38 159,500 159,500
2020-04-09 2020-04-07 4 HT HERSHA HOSPITALITY TRUST
6.875% Series C Cumulative Redeemable Preferred Shares 		P - Purchase 1,800 3,704 94.54 7.39 13,302 27,373
2020-03-13 2020-03-11 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 13,000 471,132 2.84 7.56 98,280 3,561,758
2020-03-12 2020-03-10 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 15,000 458,132 3.38 8.31 124,650 3,807,077
2020-03-11 2020-03-09 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 10,500 443,132 2.43 9.35 98,175 4,143,284
2020-03-10 2020-03-06 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 18,000 432,632 4.34 10.51 189,180 4,546,962
2020-03-09 2020-03-05 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 9,000 414,632 2.22 11.20 100,800 4,643,878
2020-03-03 2020-03-02 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 5,000 405,632 1.25 11.50 57,500 4,664,768
2020-03-02 2020-02-28 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		A - Award 11,100 400,632 2.85 11.65 129,315 4,667,363
2020-03-02 2020-02-27 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 20,000 389,532 5.41 11.96 239,200 4,658,803
2020-03-02 2020-02-28 4/A HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 11,100 400,632 2.85 11.65 129,315 4,667,363
2020-02-27 2020-02-25 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase X 4,000 369,532 1.09 12.42 49,680 4,589,587
2020-01-28 2020-01-27 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase X 3,846 365,532 1.06 12.98 49,921 4,744,605
2020-01-08 2020-01-07 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase X 7,300 361,686 2.06 13.51 98,629 4,886,667
2019-12-05 2019-12-03 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 3,575 354,386 1.02 14.00 50,050 4,961,404
2019-10-22 2019-10-18 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase X 3,703 350,811 1.07 13.10 48,509 4,595,624
2019-10-16 2019-10-14 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase X 3,571 347,108 1.04 13.90 49,653 4,826,328
2019-08-27 2019-08-26 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 3,680 343,537 1.08 13.60 50,048 4,672,103
2019-08-27 2019-08-23 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,820 339,857 0.54 13.75 25,025 4,673,034
2019-08-27 2019-08-23 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,785 338,037 0.53 13.87 24,758 4,688,573
2019-08-06 2019-08-05 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 3,440 336,252 1.03 14.53 49,981 4,885,506
2019-06-26 2019-06-25 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,530 332,812 0.46 16.35 25,016 5,441,476
2019-06-26 2019-06-25 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,515 331,282 0.46 16.50 24,998 5,466,153
2019-06-26 2019-06-24 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,515 329,767 0.46 16.50 24,998 5,441,156
2019-06-26 2019-06-24 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,500 328,252 0.46 16.57 24,852 5,438,479
2019-03-22 2019-03-21 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 180,381 737,914 32.35
2018-12-21 2018-12-21 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 3,000 326,752 0.93 16.84 50,525 5,503,092
2018-11-05 2018-11-02 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 3,000 323,752 0.94 17.30 51,900 5,600,910
2018-03-30 2018-03-28 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 197,294 557,533 54.77
2018-03-02 2018-03-02 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 2,975 320,752 0.94 16.75 49,831 5,372,596
2017-11-07 2017-11-06 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,425 317,777 0.45 17.55 25,009 5,576,986
2017-11-07 2017-11-03 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,425 316,352 0.45 17.54 24,992 5,548,245
2017-11-01 2017-11-01 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,385 314,927 0.44 17.75 24,584 5,589,954
2017-11-01 2017-10-31 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 2,850 313,542 0.92 17.47 49,777 5,476,231
2017-11-01 2017-10-30 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 2,809 310,692 0.91 17.25 48,455 5,359,375
2017-10-30 2017-10-30 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 2,850 307,883 0.93 17.25 49,160 5,310,674
2017-10-30 2017-10-26 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 2,823 305,033 0.93 17.71 50,007 5,403,416
2017-09-11 2017-09-08 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,500 302,210 0.50 17.91 26,858 5,411,130
2017-09-08 2017-09-06 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 237 300,710 0.08 17.95 4,254 5,397,744
2017-08-30 2017-08-30 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,388 300,473 0.46 17.99 24,970 5,405,509
2017-08-30 2017-08-29 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,667 299,085 0.56 17.86 29,773 5,341,658
2017-08-30 2017-08-28 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,110 297,418 0.37 17.96 19,932 5,340,705
2017-07-19 2017-07-11 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase X 1,400 296,308 0.47 18.00 25,200 5,333,544
2017-03-30 2017-03-28 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 62,656 360,239 21.05
2016-11-07 2016-11-03 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,471 294,908 0.50 17.00 25,007 5,013,436
2016-11-03 2016-11-02 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,450 293,437 0.50 17.20 24,940 5,047,116
2016-11-03 2016-11-01 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,429 291,987 0.49 17.50 25,008 5,109,772
2016-09-15 2016-09-13 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 1,385 290,558 0.48 18.00 24,930 5,230,044
2016-09-13 2016-09-12 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 2,015 289,173 0.70 18.15 36,565 5,247,507
2016-09-13 2016-09-09 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 2,685 287,158 0.94 18.59 49,919 5,338,784
2016-09-08 2016-09-06 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 665 284,473 0.23 18.75 12,467 5,333,015
2016-06-29 2016-06-28 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		A - Award 4,350 283,808 1.56 16.14 70,231 4,582,080
2016-04-01 2016-03-30 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 105,605 297,583 55.01
2016-02-23 2016-02-19 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		P - Purchase 5,000 354,458 1.43 19.97 99,863 7,079,448
2015-08-07 2015-08-06 4 HT HERSHA HOSPITALITY TRUST
6.875% Series C Cumulative Redeemable Preferred Shares 		P - Purchase 1,904 1,904 26.25 49,980 49,980
2015-04-01 2015-03-30 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 185,448 767,910 31.84
2015-03-16 2014-12-31 5/A HT HERSHA HOSPITALITY TRUST
Partnership Units 		G - Gift -140,513 0 -100.00
2015-03-16 2014-12-31 5/A HT HERSHA HOSPITALITY TRUST
Partnership Units 		G - Gift -44,608 0 -100.00
2014-12-23 2014-12-23 4 HT HERSHA HOSPITALITY TRUST
LTIP Units 		A - Award 582,462 582,462
2014-12-23 2014-12-23 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		D - Sale to Issuer -582,462 1,378,530 -29.70
2014-12-19 2014-12-18 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		G - Gift -27,750 1,960,992 -1.40
2014-11-07 2014-11-07 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -198,600 1,988,742 -9.08 7.35 -1,459,710 14,617,254
2014-11-07 2014-11-06 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -1,400 2,187,342 -0.06 7.40 -10,360 16,186,331
2014-11-07 2014-11-06 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -300,000 2,188,742 -12.05 7.33 -2,199,000 16,043,479
2014-03-21 2014-03-21 4 ht HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		A - Award 160,466 2,488,742 6.89
2013-12-26 2013-12-24 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -73 2,328,276 0.00 5.70 -416 13,271,173
2013-12-26 2013-12-23 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -74,217 2,328,349 -3.09 5.70 -423,037 13,271,589
2013-03-27 2013-03-26 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -68,311 2,402,566 -2.76 5.91 -403,499 14,191,477
2013-03-27 2013-03-25 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -22,089 2,470,877 -0.89 5.91 -130,480 14,595,470
2013-03-25 2013-03-22 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Benficial Interest 		S - Sale -9,600 2,492,966 -0.38 5.90 -56,650 14,710,992
2013-03-25 2013-03-22 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -50,000 2,502,566 -1.96 5.86 -292,795 14,654,776
2013-03-25 2013-03-20 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		A - Award 1,063,830 2,552,566 71.46
2013-03-25 2013-03-20 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		A - Award 280,083 1,488,736 23.17
2013-01-15 2012-12-31 5 HT HERSHA HOSPITALITY TRUST
Partnership Units 		G - Gift -55,256 140,513 -28.23
2013-01-15 2012-12-31 5 HT HERSHA HOSPITALITY TRUST
Partnership Units 		G - Gift -124,541 44,608 -73.63
2013-01-15 2012-12-27 5 HT HERSHA HOSPITALITY TRUST
Common Shares 		G - Gift -300,000 908,653 -24.82
2012-12-26 2012-12-21 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -30,000 1,208,653 -2.42 5.01 -150,333 6,056,681
2012-12-26 2012-12-21 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -31,250 1,238,653 -2.46 5.01 -156,706 6,211,349
2012-12-26 2012-12-21 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -17,358 1,269,903 -1.35 5.01 -87,035 6,367,421
2012-12-26 2012-12-21 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -21,392 1,287,261 -1.63 5.01 -107,191 6,450,207
2012-04-20 2012-04-18 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		A - Award 255,010 1,308,653 24.20
2012-03-28 2012-03-27 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		S - Sale -27,000 1,053,643 -2.50 5.43 -146,621 5,721,703
2012-03-28 2012-03-26 4 HT HERSHA HOSPITALITY TRUST
Class A Common Shares of Beneficial Interest 		A - Award 268,240 1,080,643 33.02
2012-01-26 2011-11-07 5 HT HERSHA HOSPITALITY TRUST
Partnership Units 		G - Gift -235,513 0 -100.00
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)