Horizon Funds - Managed Risk ETF
US ˙ BATS

Introduction

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

Security Title Latest Reported Holdings
US:SKYX / SKYX Platforms Corp. Director, 10% Owner 1,493,529
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Dov Shiff. 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 SFTY / Horizon Funds - Managed Risk ETF - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SFTY / Horizon Funds - Managed Risk ETF. 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 (%)
2022-06-06 SKYX Shiff Dov 20,000 2.7229 20,000 2.7229 54,458 52 7.0300 86,142 158.18
2022-06-03 SKYX Shiff Dov 10,000 3.5630 10,000 3.5630 35,630
2022-06-02 SKYX Shiff Dov 883 3.6865 883 3.6865 3,255
2022-06-01 SKYX Shiff Dov 5,723 3.6958 5,723 3.6958 21,151
2022-05-31 SKYX Shiff Dov 848 3.3879 848 3.3879 2,873
2022-05-27 SKYX Shiff Dov 1,604 3.3951 1,604 3.3951 5,446
2022-05-26 SKYX Shiff Dov 2,955 3.4930 2,955 3.4930 10,322
2022-05-24 SKYX Shiff Dov 11,922 3.5819 11,922 3.5819 42,703
2022-05-12 SKYX Shiff Dov 10,824 4.7700 10,824 4.7700 51,630
2022-02-14 SKYX Shiff Dov 235,712 14.0000 235,712 14.0000 3,299,968
2015-06-17 SAFE Shiff Dov 1,670,000 0.6000 1,670,000 0.6000 1,002,000
2015-04-28 SAFE Shiff Dov 45,000 0.2500 45,000 0.2500 11,250

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

SFTY / Horizon Funds - Managed Risk ETF Insider Trades
Insider Sales SFTY / Horizon Funds - Managed Risk ETF - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SFTY / Horizon Funds - Managed Risk ETF. 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.

SFTY / Horizon Funds - Managed Risk ETF Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Dov Shiff 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
2025-04-02 2025-03-27 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 5,000 1,493,529 0.34
2025-01-03 2024-12-31 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 25,000 1,488,529 1.71 1.20 30,000 1,786,235
2024-04-10 2024-04-04 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 5,000 1,463,529 0.34
2024-01-03 2023-12-31 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 4,464 1,458,529 0.31 1.68 7,500 2,450,329
2023-10-10 2023-09-30 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 5,281 14,964,395 0.04 1.42 7,499 21,249,441
2023-07-07 2023-06-30 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 2,808 3,906,330 0.07 2.67 7,497 10,429,901
2023-04-07 2023-04-05 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 5,000 3,903,522 0.13
2023-04-04 2023-03-31 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 2,174 3,898,522 0.06 3.45 7,500 13,449,901
2023-01-04 2022-12-31 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 2,976 3,896,348 0.08 2.52 7,500 9,818,797
2022-10-04 2022-09-30 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 2,032 3,893,372 0.05 3.69 7,498 14,366,543
2022-07-06 2022-06-30 4 SKYX SKYX Platforms Corp.
Common Stock, no par value 		A - Award 3,750 3,891,340 0.10 2.00 7,500 7,782,680
2022-06-08 2022-06-06 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 20,000 10,817,072 0.19 2.72 54,458 29,453,805
2022-06-06 2022-06-03 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 10,000 10,797,072 0.09 3.56 35,630 38,469,968
2022-06-06 2022-06-02 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 883 10,787,072 0.01 3.69 3,255 39,766,541
2022-06-02 2022-06-01 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 5,723 10,786,189 0.05 3.70 21,151 39,863,597
2022-06-02 2022-05-31 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 848 10,780,466 0.01 3.39 2,873 36,523,141
2022-05-31 2022-05-27 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 1,604 3,887,590 0.04 3.40 5,446 13,198,757
2022-05-31 2022-05-26 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 2,955 3,885,986 0.08 3.49 10,322 13,573,749
2022-05-26 2022-05-24 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 11,922 3,883,031 0.31 3.58 42,703 13,908,629
2022-05-16 2022-05-12 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 10,824 3,871,109 0.28 4.77 51,630 18,465,190
2022-04-04 2022-03-31 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		A - Award 285 3,860,285 0.01 12.85 3,662 49,604,662
2022-03-15 2022-03-11 4 SKYX SQL Technologies Corp.
Stock Option (right to buy) 		A - Award 5,000 5,000
2022-03-15 2022-03-11 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		A - Award 5,000 3,860,000 0.13
2022-02-16 2022-02-14 4 SKYX SQL Technologies Corp.
Series A Convertible Preferred Stock 		C - Conversion -2,600,000 0 -100.00
2022-02-16 2022-02-14 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		P - Purchase 235,712 235,712 14.00 3,299,968 3,299,968
2022-02-16 2022-02-14 4 SKYX SQL Technologies Corp.
Common Stock, no par value 		C - Conversion 2,600,000 3,855,000 207.17
2022-02-09 3 SKYX SQL Technologies Corp.
Common Stock, no par value 		1,255,000
2022-02-09 3 SKYX SQL Technologies Corp.
Common Stock, no par value 		10,779,618
2022-02-09 3 SKYX SQL Technologies Corp.
Common Stock, no par value 		40,000
2017-03-31 2016-08-15 4 SQFL SQL Technologies Corp.
Series A Convertible Preferred Stock, no par value 		C - Conversion 2,600,000 2,600,000
2017-03-31 2016-08-15 4 SQFL SQL Technologies Corp.
Secured Convertible Promissory Note 		C - Conversion -2,600,000 0 -100.00
2015-06-19 2015-06-17 4 SAFE Safety Quick Lighting & Fans Corp.
COMMON STOCK, NON PAR VALUE 		P - Purchase 1,670,000 14,964,618 12.56 0.60 1,002,000 8,978,771
2015-06-19 2015-04-28 4 SAFE Safety Quick Lighting & Fans Corp.
COMMON STOCK, NO PAR VALUE 		P - Purchase 45,000 13,294,618 0.34 0.25 11,250 3,323,654
2015-03-20 3 SAFE Safety Quick Lighting & Fans Corp.
Common Stock, no par value 		17,919,196
2015-03-20 3 SAFE Safety Quick Lighting & Fans Corp.
Common Stock, no par value 		17,919,196
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)