David Stefansky - Insider Trading Tracker

Adynxx, Inc.

US ˙ OTCPK ˙ US00784D1037

Introduction

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

Security	Title	Latest Reported Holdings
US:NXGL / NEXGEL, Inc.	Director	50,091
	Director, 10% Owner	750,000
US:ALQA / Alliqua, Inc.	Director	5,000

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 Stefansky. 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 ADYX / Adynxx, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in ADYX / Adynxx, 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
2013-06-28	[ALQA]	Harborview Value Master Fund, L.P.	617,284		77,160			730	5.3500
2013-02-22	[ALQA]	Harborview Advisors, LLC	617,284		77,160
2013-02-22	[ALQA]	Harborview Advisors, LLC	617,284		77,160
2012-11-08	ALQA	Harborview Advisors, LLC	2,500,000		2,500,000
2012-11-08	ALQA	Harborview Advisors, LLC	1,000,000		1,000,000
2012-08-14	ALQA	Harborview Advisors, LLC	2,000,000	0.0000	2,000,000	0.0000	0
2012-08-14	ALQA	Harborview Advisors, LLC	1,500,000	0.0000	1,500,000	0.0000	0
2012-02-16	[ALQA.OB]	Harborview Advisors, LLC	1,000,000		125,000
2011-11-23	[ALQA.OB]	Harborview Advisors, LLC	1,500	0.0855	188	0.6840	128
2011-11-23	[ALQA.OB]	Harborview Advisors, LLC	42,500	0.0900	5,312	0.7200	3,825
2011-11-23	[ALQA.OB]	Harborview Advisors, LLC	10,500	0.0940	1,312	0.7520	987
2011-11-23	[ALQA.OB]	Harborview Advisors, LLC	1,500	0.0949	188	0.7592	142
2011-11-23	[ALQA.OB]	Harborview Advisors, LLC	22,500	0.0950	2,812	0.7600	2,138
2011-11-23	[ALQA.OB]	Harborview Advisors, LLC	1,500	0.0970	188	0.7760	146

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

Insider Sales ADYX / Adynxx, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in ADYX / Adynxx, 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.

Insider Purchases TOPP / Toppoint Holdings Inc. - Short Term Profit Analysis

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 (%)
2023-06-08	NXGL	STEFANSKY DAVID	1,000	2.2200	1,000	2.2200	2,220	273	3.0100	790	35.59
2023-06-07	NXGL	STEFANSKY DAVID	2,000	2.5000	2,000	2.5000	5,000
2023-05-31	NXGL	STEFANSKY DAVID	2,000	2.4200	2,000	2.4200	4,840
2023-05-30	NXGL	STEFANSKY DAVID	5,000	2.5300	5,000	2.5300	12,650
2022-12-19	NXGL	STEFANSKY DAVID	5,000	1.5900	5,000	1.5900	7,950
2022-12-12	NXGL	STEFANSKY DAVID	7,500	1.4433	7,500	1.4433	10,825
2022-08-30	NXGL	STEFANSKY DAVID	5,000	1.6560	5,000	1.6560	8,280
2022-08-25	NXGL	STEFANSKY DAVID	5,000	1.7300	5,000	1.7300	8,650
2022-08-16	NXGL	STEFANSKY DAVID	2,500	1.7920	2,500	1.7920	4,480
2022-08-15	NXGL	STEFANSKY DAVID	2,872	1.9033	2,872	1.9033	5,466
2022-06-24	NXGL	STEFANSKY DAVID	3,128	1.5962	3,128	1.5962	4,993
2021-12-27	NXGL	STEFANSKY DAVID	9,091	5.4900	9,091	5.4900	49,910

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

TOPP / Toppoint Holdings Inc. Insider Trades

Insider Sales TOPP / Toppoint Holdings Inc. - Short Term Loss Analysis

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.

Insider Trading History

This table shows the complete list of insider trades made by David Stefansky as disclosed to the Securities Exchange Commission (SEC).

File Date	Tran Date	Form	Ticker	Security	Code	Shares	Remaining Shares	Percent Change	Share Price	Tran Value	Remaining Value
2023-06-09	2023-06-08	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	1,000	50,091	2.04	2.22	2,220	111,202
2023-06-09	2023-06-07	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	2,000	49,091	4.25	2.50	5,000	122,728
2023-06-01	2023-05-31	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	2,000	47,091	4.44	2.42	4,840	113,960
2023-06-01	2023-05-30	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	5,000	45,091	12.47	2.53	12,650	114,080
2022-12-19	2022-12-19	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	5,000	40,091	14.25	1.59	7,950	63,745
2022-12-13	2022-12-12	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	7,500	35,091	27.18	1.44	10,825	50,647
2022-08-31	2022-08-30	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	5,000	27,591	22.13	1.66	8,280	45,691
2022-08-26	2022-08-25	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	5,000	22,591	28.42	1.73	8,650	39,082
2022-08-17	2022-08-16	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	2,500	17,591	16.57	1.79	4,480	31,523
2022-08-17	2022-08-15	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	2,872	15,091	23.50	1.90	5,466	28,723
2022-06-27	2022-06-24	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	3,128	12,219	34.41	1.60	4,993	19,504
2022-01-03	2021-12-27	4	NXGL	NEXGEL, INC. Warrant to Purchase Common Stock	A - Award	9,091	9,091		0.01	91	91
2022-01-03	2021-12-27	4	NXGL	NEXGEL, INC. Common Stock	P - Purchase	9,091	9,091		5.49	49,910	49,910
2020-06-09	2020-02-17	4	NONE	NEXGEL, INC. Option to Purchase Common Stock	A - Award	2,857,141	2,857,141
2019-10-08		3	NONE	AquaMed Technologies, Inc. Common Stock			3,269,500
2019-10-08		3	NONE	AquaMed Technologies, Inc. Common Stock			3,269,500
2019-10-08		3	NONE	AquaMed Technologies, Inc. Common Stock			3,269,500
2019-10-08		3	NONE	AquaMed Technologies, Inc. Common Stock			3,269,500
2016-07-07	2016-07-05	4	CHAA	chatAND, Inc. Warrant to Purchase Shares of Common Stock	P - Purchase		750,000
2016-07-07	2016-07-05	4	CHAA	chatAND, Inc. 10% Convertible Promissory Note	P - Purchase		1,500,000		15,000.00		22,500,000,000
2016-02-19		3	CHAA	chatAND, Inc. Common Stock, par value $0.00001			12,347,016
2016-02-19		3	CHAA	chatAND, Inc. Common Stock, par value $0.00001			12,347,016
2014-03-19	2014-03-18	4	ALQA	Alliqua, Inc. Stock Option (right to buy)	A - Award	5,000	5,000
2014-01-08	2014-01-06	4	ALQA	Alliqua, Inc. Stock Option (right to buy)	D - Sale to Issuer	-11,429	0	-100.00
2014-01-08	2014-01-06	4	ALQA	Alliqua, Inc. Stock Option (right to buy)	D - Sale to Issuer	-114,286	0	-100.00
2014-01-08	2014-01-06	4	ALQA	Alliqua, Inc. Stock Option (right to buy)	D - Sale to Issuer	-114,286	0	-100.00
2014-01-08	2014-01-06	4	ALQA	Alliqua, Inc. Stock Option (right to buy)	D - Sale to Issuer	-38,095	0	-100.00
2014-01-08	2014-01-06	4	ALQA	Alliqua, Inc. Common Stock	A - Award	194,667	908,506	27.27
2013-11-13	2013-11-11	4	ALQA	Alliqua, Inc. Common Stock	A - Award	8,144,719	44,021,018	22.70
2013-07-03	2013-06-28	4	[ALQA]	Alliqua, Inc. Common Stock Warrants (right to buy)	A - Award	617,284	617,284
2013-07-03	2013-06-28	4	[ALQA]	Alliqua, Inc. Common Stock	P - Purchase	617,284	35,876,299	1.75
2013-07-03	2013-06-28	4	[ALQA]	Alliqua, Inc. Common Stock	A - Award	8,144,719	35,259,015	30.04
2013-07-03	2012-05-31	4	[ALQA]	Alliqua, Inc. Stock Option (right to buy)	A - Award	500,000	500,000
2013-07-03	2012-05-31	4	[ALQA]	Alliqua, Inc. Stock Option (right to buy)	A - Award	5,000,000	5,000,000
2013-02-25	2013-02-22	4	[ALQA]	Alliqua, Inc. Common Stock Warrants (right to buy)	P - Purchase	617,284	617,284
2013-02-25	2013-02-22	4	[ALQA]	Alliqua, Inc. Common Stock Warrants (right to buy)	P - Purchase	617,284	617,284
2013-02-25	2013-02-22	4	[ALQA]	Alliqua, Inc. Common Stock	P - Purchase	617,284	27,114,296	2.33
2013-02-25	2013-02-22	4	[ALQA]	Alliqua, Inc. Common Stock	P - Purchase	617,284	27,114,296	2.33
2012-11-13	2012-11-08	4	ALQA	Alliqua, Inc. Common Stock Warrants (right to buy)	A - Award	1,000,000	3,500,000	40.00
2012-11-13	2012-11-08	4	ALQA	Alliqua, Inc. Common Stock Warrants (right to buy)	A - Award	2,500,000	2,500,000
2012-11-13	2012-11-08	4	ALQA	Alliqua, Inc. Common Stock	P - Purchase	1,000,000	25,879,728	4.02
2012-11-13	2012-11-08	4	ALQA	Alliqua, Inc. Common Stock	P - Purchase	2,500,000	24,879,728	11.17
2012-08-17	2012-08-14	4	ALQA	Alliqua, Inc. Common Stock	P - Purchase	1,500,000	22,879,728	7.02
2012-08-17	2012-08-14	4	ALQA	Alliqua, Inc. Common Stock	P - Purchase	2,000,000	21,379,728	10.32
2012-08-17	2012-07-17	4	ALQA	Alliqua, Inc. Common Stock	J - Other	294,961	19,379,728	1.55
2012-08-17	2012-07-17	4	ALQA	Alliqua, Inc. Common Stock	J - Other	294,961	19,379,728	1.55
2012-08-17	2012-07-17	4	ALQA	Alliqua, Inc. Common Stock	J - Other	-294,961	19,084,767	-1.52
2012-08-17	2012-07-17	4	ALQA	Alliqua, Inc. Common Stock	J - Other	3,175,934	19,084,767	19.96
2012-08-17	2012-07-17	4	ALQA	Alliqua, Inc. Common Stock	J - Other	283,763	15,908,833	1.82
2012-08-17	2012-07-17	4	ALQA	Alliqua, Inc. Common Stock	J - Other	-27,981,999	15,625,070	-64.17
2012-08-17	2012-06-30	4	ALQA	Alliqua, Inc. Common Stock	A - Award	1,428,571	43,607,069	3.39
2012-08-17	2012-06-30	4	ALQA	Alliqua, Inc. Common Stock	A - Award	1,000,000	42,178,498	2.43
2012-05-18	2012-05-16	4	ALQA.OB	Alliqua, Inc. Stock Option (right to buy)	A - Award	500,000	5,500,000	10.00
2012-05-18	2012-05-16	4	ALQA.OB	Alliqua, Inc. Stock Option (right to buy)	A - Award	5,000,000	5,000,000
2012-02-21	2012-02-16	4	[ALQA.OB]	Alliqua, Inc. Common Stock Warrants (right to buy)	P - Purchase	500,000	41,178,498	1.23
2012-02-21	2012-02-16	4	[ALQA.OB]	Alliqua, Inc. Common Stock	P - Purchase	1,000,000	40,678,498	2.52
2012-01-13	2012-01-11	4	[ALQA.OB]	Alliqua, Inc. Common Stock	J - Other	2,000,000	36,678,498	5.77
2012-01-13	2011-11-23	4	[ALQA.OB]	Alliqua, Inc. Common Stock	P - Purchase	1,500	37,678,498	0.00	0.10	146	3,654,814
2012-01-13	2011-11-23	4	[ALQA.OB]	Alliqua, Inc. Common Stock	P - Purchase	22,500	37,676,498	0.06	0.10	2,138	3,579,267
2012-01-13	2011-11-23	4	[ALQA.OB]	Alliqua, Inc. Common Stock	P - Purchase	1,500	37,654,498	0.00	0.09	142	3,573,412
2012-01-13	2011-11-23	4	[ALQA.OB]	Alliqua, Inc. Common Stock	P - Purchase	10,500	37,652,998	0.03	0.09	987	3,539,382
2012-01-13	2011-11-23	4	[ALQA.OB]	Alliqua, Inc. Common Stock	P - Purchase	42,500	37,642,498	0.11	0.09	3,825	3,387,825
2012-01-13	2011-11-23	4	[ALQA.OB]	Alliqua, Inc. Common Stock	P - Purchase	1,500	37,599,998	0.00	0.09	128	3,214,800

Open market or private purchase of non-derivative or derivative security

Open market or private sale of non-derivative or derivative security

Grant, award, or other acquisition of securities from the company (such as an option)

Conversion of derivative

Sale or transfer of securities back to the company

Payment of exercise price or tax liability using portion of securities received from the company

Gift of securities by or to the insider

Equity swaps and similar hedging transactions

Exercise or conversion of derivative security received from the company (such as an option)

A transaction voluntarily reported on Form 4

Other (accompanied by a footnote describing the transaction)