Eagle Point Credit Company Inc. - Preferred Stock
US ˙ NYSE

Introduction

This page provides a comprehensive analysis of the known insider trading history of Spinner Daniel M.. 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

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Companies with Reported Insider Positions

The SEC filings indicate Spinner Daniel M. has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
10,000
US:ECC / Eagle Point Credit Company Inc. 0
US:EIC / Eagle Point Income Company Inc. 250
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Spinner Daniel M.. 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 ECCF / Eagle Point Credit Company Inc. - Preferred Stock - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ECCF / Eagle Point Credit Company Inc. - Preferred Stock. 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 (%)
2016-06-20 ECC Spinner Daniel M. 635 16.6000 635 16.6000 10,541 294 22.0200 3,442 32.65
2016-06-20 ECC Spinner Daniel M. 182 16.5500 182 16.5500 3,012
2016-06-17 ECC Spinner Daniel M. 1,070 16.5500 1,070 16.5500 17,708
2014-10-08 ECC Spinner Daniel M. 18,895 20.0000 18,895 20.0000 377,900

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

ECCF / Eagle Point Credit Company Inc. - Preferred Stock Insider Trades
Insider Sales ECCF / Eagle Point Credit Company Inc. - Preferred Stock - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ECCF / Eagle Point Credit Company Inc. - Preferred Stock. 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.

ECCF / Eagle Point Credit Company Inc. - Preferred Stock Insider Trades
Insider Purchases EICC / Eagle Point Income Company Inc. - Preferred Stock - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ECCF / Eagle Point Credit Company Inc. - Preferred Stock. 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 (%)
2019-07-24 EIC Spinner Daniel M. 5,325 19.8900 5,325 19.8900 105,914 8 20.34 2,396 2.26
2019-07-24 EIC Spinner Daniel M. 250 19.8900 250 19.8900 4,972
2019-07-24 EIC Spinner Daniel M. 250 19.8900 250 19.8900 4,972
2019-07-24 EIC Spinner Daniel M. 250 19.8900 250 19.8900 4,972

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

EICC / Eagle Point Income Company Inc. - Preferred Stock Insider Trades
Insider Sales EICC / Eagle Point Income Company Inc. - Preferred Stock - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ECCF / Eagle Point Credit Company Inc. - Preferred Stock. 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.

EICC / Eagle Point Income Company Inc. - Preferred Stock Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Spinner Daniel M. 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
2022-06-02 2022-06-01 4 None Eagle Point Institutional Income Fund
Common Stock, par value $10.00 per share 		P - Purchase 10,000 10,000 10.00 100,000 100,000
2022-02-28 2022-02-28 4 ECC Eagle Point Credit Co Inc.
7.75% Series B Term Preferred Stock due 2026 		J - Other -192 0 -100.00 25.00 -4,800
2022-02-16 2022-02-14 4 ECC Eagle Point Credit Co Inc.
6.6875% Notes due 2028 		J - Other -26,250 25.00 -656,250
2022-02-16 2022-02-14 4 ECC Eagle Point Credit Co Inc.
6.75% Notes due 2027 		J - Other -166,550 25.00 -4,163,750
2022-02-16 2022-02-14 4 ECC Eagle Point Credit Co Inc.
6.6875% Notes due 2028 		J - Other -82,225 25.00 -2,055,625
2022-02-16 2022-02-14 4 ECC Eagle Point Credit Co Inc.
6.75% Notes due 2027 		J - Other -249,000 25.00 -6,225,000
2022-01-03 2021-12-31 4 ECC Eagle Point Credit Co Inc.
7.75% Series B Term Preferred Stock due 2026 		J - Other -193 192 -50.13 25.00 -4,825 4,800
2020-03-18 2020-03-17 4 ECC Eagle Point Credit Co Inc.
6.75% Notes due 2027 		P - Purchase 33,825 166,550 25.49 27,398.00 926,737,350 4,563,136,900
2020-03-18 2020-03-17 4 ECC Eagle Point Credit Co Inc.
6.75% Notes due 2027 		P - Purchase 1,500 82,341 1.86 1,230.00 1,845,000 101,279,430
2020-03-18 2020-03-17 4 ECC Eagle Point Credit Co Inc.
6.6875% Notes due 2028 		P - Purchase 6,500 82,341 8.57 5,213.00 33,884,500 429,243,633
2020-03-18 2020-03-16 4 ECC Eagle Point Credit Co Inc.
6.75% Notes due 2027 		P - Purchase 132,725 82,341 -263.43 111,764.00 14,833,876,900 9,202,759,524
2020-03-18 2020-03-16 4 ECC Eagle Point Credit Co Inc.
6.6875% Notes due 2028 		P - Purchase 52,500 82,341 175.93 45,392.00 2,383,080,000 3,737,622,672
2020-03-18 2020-03-16 4 ECC Eagle Point Credit Co Inc.
6.75% Notes due 2027 		P - Purchase 247,500 82,341 -149.86 212,622.00 52,623,945,000 17,507,508,102
2020-03-18 2020-03-16 4 ECC Eagle Point Credit Co Inc.
6.6875% Notes due 2028 		P - Purchase 62,325 82,341 311.38 54,178.00 3,376,643,850 4,461,070,698
2020-03-18 2020-03-16 4 ECC Eagle Point Credit Co Inc.
7.75% Series B Term Preferred Stock due 2026 		P - Purchase 273 385 243.75 22.79 6,222 8,774
2019-07-25 2019-07-24 4 EIC Eagle Point Income Co Inc.
Common Stock, par value $0.001 per share 		P - Purchase 250 250 19.89 4,972 4,972
2019-07-25 2019-07-24 4 EIC Eagle Point Income Co Inc.
Common Stock, par value $0.001 per share 		P - Purchase 250 250 19.89 4,972 4,972
2019-07-25 2019-07-24 4 EIC Eagle Point Income Co Inc.
Common Stock, par value $0.001 per share 		P - Purchase 250 250 19.89 4,972 4,972
2019-07-25 2019-07-24 4 EIC Eagle Point Income Co Inc.
Common Stock, par value $0.001 per share 		P - Purchase 5,325 5,325 19.89 105,914 105,914
2018-12-20 2018-12-20 4 ECC Eagle Point Credit Co Inc.
7.75% Series B Term Preferred Stock due 2026 		P - Purchase 112 112 24.58 2,753 2,753
2018-05-30 2018-05-29 4 ECC Eagle Point Credit Co Inc.
6.6875% Notes due 2028 		P - Purchase 14,625 89,625 19.50 14,442.00 211,214,250 1,294,364,250
2018-05-24 2018-05-24 4 ECC Eagle Point Credit Co Inc.
7.00% Notes due 2020 		J - Other -5,875 0 -100.00 5,936.69 -34,878,054
2018-05-24 2018-05-22 4 ECC Eagle Point Credit Co Inc.
6.6875% Notes due 2028 		P - Purchase 75,000 75,000 73,933.00 5,544,975,000 5,544,975,000
2016-06-20 2016-06-20 4 ECC Eagle Point Credit Co Inc.
Common Stock, par value $0.001 per share 		P - Purchase 182 27,387 0.67 16.55 3,012 453,255
2016-06-20 2016-06-20 4 ECC Eagle Point Credit Co Inc.
Common Stock, par value $0.001 per share 		P - Purchase 635 27,205 2.39 16.60 10,541 451,603
2016-06-20 2016-06-17 4 ECC Eagle Point Credit Co Inc.
Common Stock, par value $0.001 per share 		P - Purchase 1,070 26,570 4.20 16.55 17,708 439,734
2016-03-21 2016-03-18 4 ECC Eagle Point Credit Co Inc.
7.00% Notes due 2020 		P - Purchase 235 235 24.00 5,640 5,640
2015-12-17 2015-12-16 4 ECC Eagle Point Credit Co Inc.
7.75% Series A Term Preferred Stock due 2022 		P - Purchase 625 7,334 9.32 24.27 15,169 177,996
2015-12-15 2015-12-14 4 ECC Eagle Point Credit Co Inc.
7.75% Series A Term Preferred Stock due 2022 		P - Purchase 1,173 6,709 21.19 24.49 28,727 164,303
2015-06-17 2015-06-16 4 ECC Eagle Point Credit Co Inc.
7.75% Series A Term Preferred Stock due 2022 		P - Purchase 1,300 5,530 30.73 25.15 32,695 139,080
2015-06-17 2015-06-15 4 ECC Eagle Point Credit Co Inc.
7.75% Series A Term Preferred Stock due 2022 		P - Purchase 300 4,230 7.63 25.11 7,533 106,215
2015-06-16 2015-06-15 4 ECC Eagle Point Credit Co Inc.
7.75% Series A Term Preferred Stock due 2022 		P - Purchase 1,700 3,930 76.23 25.15 42,755 98,840
2015-06-05 2015-06-04 4 ECC Eagle Point Credit Co Inc.
7.75% Series A Term Preferred Stock due 2022 		P - Purchase 336 2,230 17.74 25.05 8,417 55,862
2015-06-05 2015-06-03 4 ECC Eagle Point Credit Co Inc.
7.75% Series A Term Preferred Stock due 2022 		P - Purchase 1,900 1,900 25.05 47,595 47,595
2014-10-09 2014-10-08 4 ECC Eagle Point Credit Co Inc.
common stock, par value $0.001 per share 		P - Purchase 18,895 25,500 286.07 20.00 377,900 510,000
2014-10-07 3 ECC Eagle Point Credit Co Inc.
common stock, par value $0.001 per share 		13,210
2014-10-07 3 ECC Eagle Point Credit Co Inc.
common stock, par value $0.001 per share 		13,210
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)