Independence Realty Trust, Inc.
US ˙ NYSE ˙ US45378A1060

Introduction

This page provides a comprehensive analysis of the known insider trading history of Soaries DeForest B. Jr.. 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 Soaries DeForest B. Jr. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:OCN / Ocwen Financial Corporation Director 39,606
US:IRT / Independence Realty Trust, Inc. Director 62,787
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Soaries DeForest B. Jr.. 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 IRT / Independence Realty Trust, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in IRT / Independence Realty Trust, 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 (%)
2013-08-16 IRT Soaries DeForest B. Jr. 1,000 8.5000 1,000 8.5000 8,500 328 10.6000 2,100 24.71

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

IRT / Independence Realty Trust, Inc. Insider Trades
Insider Sales IRT / Independence Realty Trust, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in IRT / Independence Realty Trust, 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.

IRT / Independence Realty Trust, Inc. Insider Trades
Insider Purchases ONIT / Onity Group Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in IRT / Independence Realty Trust, 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 (%)
2020-08-27 OCN Soaries DeForest B. Jr. 5,000 18.9300 5,000 18.9300 94,650 284 34.71 78,900 83.36
2015-07-15 OCN Soaries DeForest B. Jr. 300 10.8300 20 162.4500 3,249
2015-02-06 OCN Soaries DeForest B. Jr. 700 8.7600 47 131.4000 6,132

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

ONIT / Onity Group Inc. Insider Trades
Insider Sales ONIT / Onity Group Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in IRT / Independence Realty Trust, 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.

ONIT / Onity Group Inc. Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Soaries DeForest B. Jr. 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
2025-05-23 2025-05-21 4 OCN ONITY GROUP INC.
Common Stock 		A - Award 3,188 39,606 8.75
2025-05-16 2025-05-14 4 IRT INDEPENDENCE REALTY TRUST, INC.
Common stock 		A - Award 5,178 62,787 8.99
2024-05-30 2024-05-28 4 OCN OCWEN FINANCIAL CORP
Common Stock 		A - Award 4,792 36,418 15.15
2024-05-17 2024-05-15 4 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		A - Award 5,616 57,609 10.80
2023-05-25 2023-05-23 4 OCN OCWEN FINANCIAL CORP
Common Stock 		A - Award 4,424 31,626 16.26
2023-05-12 2023-05-10 4 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		A - Award 5,510 51,993 11.85
2023-01-03 2023-01-01 4 OCN OCWEN FINANCIAL CORP
Common Stock 		M - Exercise 1,326 27,202 5.12
2022-05-27 2022-05-25 4 OCN OCWEN FINANCIAL CORP
Common Stock 		A - Award 4,766 25,876 22.58
2022-05-20 2022-05-18 4 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		A - Award 3,597 46,483 8.39
2021-05-27 2021-05-25 4 OCN OCWEN FINANCIAL CORP
Common Stock 		A - Award 3,071 21,110 17.02
2021-05-13 2021-05-12 4 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		A - Award 4,546 42,886 11.86
2020-08-28 2020-08-27 4 OCN OCWEN FINANCIAL CORP
Common Stock 		P - Purchase 5,000 24,281 25.93 18.93 94,650 459,639
2020-05-29 2020-05-27 4 OCN OCWEN FINANCIAL CORP
Common Stock 		A - Award 135,135 289,223 87.70
2020-05-13 2020-05-13 4 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		A - Award 7,937 38,340 26.11
2019-06-03 2019-05-30 4 OCN OCWEN FINANCIAL CORP
Common Stock 		A - Award 62,500 154,088 68.24
2019-05-28 2019-05-23 4 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		A - Award 5,474 30,403 21.96
2018-12-28 2015-07-15 4 OCN OCWEN FINANCIAL CORP
Common Stock 		P - Purchase 300 1,000 42.86 10.83 3,249 10,830
2018-12-28 2015-02-06 4 OCN OCWEN FINANCIAL CORP
Common Stock 		P - Purchase 700 700 8.76 6,132 6,132
2018-05-31 2017-12-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 18,381 0.04 10.21 84 187,667
2018-05-31 2017-11-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 18,372 0.04 10.48 84 192,543
2018-05-31 2017-10-13 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 18,364 0.04 10.53 83 193,377
2018-05-31 2017-09-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 18,356 0.04 10.14 83 186,135
2018-05-31 2017-08-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 18,348 0.04 10.17 82 186,602
2018-05-31 2017-07-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 18,340 0.05 9.91 82 181,751
2018-05-31 2017-06-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 18,332 0.04 10.06 81 184,419
2018-05-31 2017-05-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,358 0.07 9.11 81 121,690
2018-05-31 2017-04-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,349 0.06 9.32 80 124,412
2018-05-31 2017-03-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,340 0.07 8.83 80 117,795
2018-05-31 2017-02-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,331 0.06 9.30 79 123,981
2018-05-31 2017-01-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,323 0.07 8.99 79 119,771
2018-05-31 2016-12-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,314 0.07 8.66 78 115,299
2018-05-31 2016-11-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,305 0.07 8.46 78 112,559
2018-05-31 2016-10-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,296 0.07 8.47 77 112,615
2018-05-31 2016-09-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 13,287 0.06 9.82 77 130,474
2018-05-31 2016-08-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 13,279 0.06 9.58 76 127,211
2018-05-31 2016-07-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 13,271 0.07 8.42 76 111,740
2018-05-31 2016-06-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 10 13,262 0.07 7.75 75 102,779
2018-05-31 2016-05-16 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 10 13,252 0.07 7.74 75 102,572
2018-05-31 2016-04-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 11 10,243 0.10 6.96 74 71,288
2018-05-31 2016-03-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 11 10,232 0.11 6.53 73 66,814
2018-05-31 2016-02-16 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 11 10,221 0.11 6.40 73 65,412
2018-05-31 2016-01-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 10 10,209 0.10 7.05 72 71,976
2018-05-31 2014-12-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,100 0.10 9.43 66 66,950
2018-05-31 2014-11-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,093 0.09 9.21 61 65,324
2018-05-31 2014-10-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,086 0.10 9.62 65 68,168
2018-05-31 2014-09-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 6 7,079 0.09 10.11 64 71,572
2018-05-31 2014-08-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 6 7,073 0.09 9.89 64 69,952
2018-05-31 2014-07-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 6 7,067 0.09 10.51 64 74,269
2018-05-31 2014-06-16 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,060 0.10 9.09 63 64,180
2018-05-31 2014-05-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,054 0.10 8.98 63 63,340
2018-05-31 2014-04-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 4,047 0.17 8.98 62 36,338
2018-05-31 2014-03-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 4,040 0.17 8.83 62 35,669
2018-05-31 2014-02-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 4,033 0.18 8.44 61 34,035
2018-05-31 2014-01-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 6 4,025 0.16 8.52 54 34,295
2018-05-31 2015-12-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 10 10,199 0.10 7.31 71 74,556
2018-05-31 2015-11-16 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 10,189 0.09 7.97 71 81,209
2018-05-31 2015-10-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 10,180 0.09 7.53 70 76,659
2018-05-31 2015-09-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 10 10,171 0.10 7.05 70 71,707
2018-05-31 2015-08-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 10,161 0.09 7.92 69 80,477
2018-05-31 2015-07-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 9 10,153 0.09 7.92 69 80,408
2018-05-31 2015-06-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 10,144 0.08 8.40 68 85,209
2018-05-31 2015-05-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 8 10,136 0.08 8.73 68 88,485
2018-05-31 2015-04-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,128 0.10 9.55 67 68,073
2018-05-31 2015-03-16 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,121 0.10 9.32 67 66,367
2018-05-31 2015-02-17 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,114 0.10 9.37 66 66,656
2018-05-31 2015-01-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 7 7,107 0.10 9.37 66 66,590
2018-05-31 2013-12-16 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 6 4,019 0.16 8.43 54 33,879
2018-05-31 2013-11-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 6 4,012 0.15 8.84 54 35,470
2018-05-31 2013-10-15 5 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		L - Other 6 1,006 0.64 8.33 53 8,383
2018-05-25 2018-05-23 4 OCN OCWEN FINANCIAL CORP
Common Stock 		A - Award 22,272 91,588 32.13
2018-05-23 2018-05-17 4 IRT INDEPENDENCE REALTY TRUST, INC.
Common Stock 		A - Award 6,514 24,929 35.37
2017-05-26 2017-05-24 4 OCN OCWEN FINANCIAL CORP
Common Stock 		A - Award 37,175 37,175
2017-05-17 2017-05-16 4 IRT INDEPENDENCE REALTY TRUST, INC
Common Stock 		A - Award 4,966 17,966 38.20
2016-05-13 2016-05-11 4 OCN OCWEN FINANCIAL CORP
Restricted Stock Units 		A - Award 19,901 32,141 162.59
2016-05-13 2016-05-12 4 IRT INDEPENDENCE REALTY TRUST, INC
Common Stock 		A - Award 3,000 13,000 30.00
2015-06-04 2015-06-02 4 OCN OCWEN FINANCIAL CORP
Restricted Stock Units 		A - Award 9,867 12,240 415.80
2015-05-15 2015-05-14 4 IRT INDEPENDENCE REALTY TRUST, INC
Common Stock 		A - Award 3,000 10,000 42.86
2015-05-12 2015-05-08 4 OCN OCWEN FINANCIAL CORP
Restricted Stock Units 		A - Award 2,373 2,373
2014-05-14 2014-05-14 4 IRT INDEPENDENCE REALTY TRUST, INC
Common Stock 		A - Award 3,000 7,000 75.00
2013-10-30 2013-10-29 4 IRT INDEPENDENCE REALTY TRUST, INC
Common Stock 		A - Award 3,000 4,000 300.00
2013-08-16 2013-08-16 4 IRT INDEPENDENCE REALTY TRUST, INC
Common Stock 		P - Purchase 1,000 1,000 8.50 8,500 8,500
2013-08-13 3 IRT INDEPENDENCE REALTY TRUST, INC
No securities are beneficially owned 		0
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)