Tidal Trust II - Grizzle Growth ETF
US ˙ ARCA ˙ US88636J8577

Introduction

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

Security Title Latest Reported Holdings
US:HF / Tidal Trust II - DGA Core Plus Absolute Return ETF Executive Managing Director 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 Michael Tepedino. 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 DARP / Tidal Trust II - Grizzle Growth ETF - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in DARP / Tidal Trust II - Grizzle Growth 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 (%)
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.

DARP / Tidal Trust II - Grizzle Growth ETF Insider Trades
Insider Sales DARP / Tidal Trust II - Grizzle Growth ETF - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in DARP / Tidal Trust II - Grizzle Growth 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 (%)
2018-03-09 HF Tepedino Michael 10,344 48.9000 10,344 48.9000 505,822 731
2018-03-02 HF Tepedino Michael 5,808 45.7900 5,808 45.7900 265,948
2017-11-14 HF Tepedino Michael 19,057 43.9400 19,057 43.9400 837,365
2017-11-13 HF Tepedino Michael 8,542 43.8200 8,542 43.8200 374,310
2017-11-10 HF Tepedino Michael 401 44.0000 401 44.0000 17,644

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

DARP / Tidal Trust II - Grizzle Growth ETF Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Michael Tepedino 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
2019-07-01 2019-07-01 4 HF HFF, Inc.
Class A common stock 		D - Sale to Issuer -39,791 0 -100.00
2019-07-01 2019-07-01 4 HF HFF, Inc.
Class A common stock 		D - Sale to Issuer -83,480 0 -100.00
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -34 123,271 -0.03 44.40 -1,510 5,473,232
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -34 123,271 -0.03 44.40 -1,510 5,473,232
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -32 121,435 -0.03 44.40 -1,421 5,391,714
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -29 121,501 -0.02 44.40 -1,288 5,394,644
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -15 121,530 -0.01 42.96 -644 5,220,929
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -47 121,545 -0.04 42.96 -2,019 5,221,573
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -30 121,592 -0.02 42.96 -1,289 5,223,592
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -58 121,622 -0.05 42.94 -2,491 5,222,449
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -58 121,622 -0.05 42.94 -2,491 5,222,449
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -70 121,680 -0.06 42.94 -3,006 5,224,939
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -869 121,808 -0.71 44.40 -38,584 5,408,275
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -869 121,808 -0.71 44.40 -38,584 5,408,275
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -800 122,677 -0.65 44.40 -35,520 5,446,859
2019-03-29 2019-02-27 4 HF HFF, Inc.
Class A common stock 		F - Taxes -730 124,346 -0.58 44.40 -32,412 5,520,962
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -14 125,076 -0.01 42.96 -601 5,373,265
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -43 125,090 -0.03 42.96 -1,847 5,373,866
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -28 125,133 -0.02 42.96 -1,203 5,375,714
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -52 125,161 -0.04 42.94 -2,233 5,374,413
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -67 125,213 -0.05 42.94 -2,877 5,376,646
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -67 125,213 -0.05 42.94 -2,877 5,376,646
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -53 125,280 -0.04 42.94 -2,276 5,379,523
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -85 125,400 -0.07 42.94 -3,650 5,384,676
2019-03-29 2019-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -68 125,485 -0.05 42.94 -2,920 5,388,326
2019-03-29 2019-02-19 4 HF HFF, Inc.
Class A common stock 		F - Taxes -91 125,553 -0.07 42.94 -3,908 5,391,246
2019-03-29 2019-02-18 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,224 125,644 -0.96 42.94 -52,559 5,395,153
2019-03-29 2019-02-17 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,658 126,868 -1.29 42.94 -71,195 5,447,712
2019-03-29 2019-02-17 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,330 128,526 -1.02 42.94 -57,110 5,518,906
2019-03-29 2019-02-14 4 HF HFF, Inc.
Class A common stock 		F - Taxes -368 129,856 -0.28 42.96 -15,809 5,578,614
2019-03-29 2019-02-14 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,151 130,224 -0.88 42.96 -49,447 5,594,423
2019-03-29 2019-02-14 4 HF HFF, Inc.
Class A common stock 		F - Taxes -722 131,375 -0.55 42.96 -31,017 5,643,870
2019-02-22 2019-02-20 4 HF HFF, Inc.
Class A common stock 		A - Award 3,428 132,097 2.66 42.59 145,999 5,626,011
2019-02-22 2019-02-20 4 HF HFF, Inc.
Class A common stock 		A - Award 2,172 128,669 1.72 42.59 92,505 5,480,013
2019-02-22 2019-02-20 4 HF HFF, Inc.
Class A common stock 		A - Award 10,155 126,497 8.73 42.59 432,501 5,387,507
2019-02-11 2019-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -112 116,342 -0.10 41.36 -4,632 4,811,905
2019-02-11 2019-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -144 116,454 -0.12 41.36 -5,956 4,816,537
2019-02-11 2019-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -196 116,598 -0.17 41.36 -8,107 4,822,493
2019-02-11 2019-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -119 116,794 -0.10 41.36 -4,922 4,830,600
2019-02-11 2019-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -2,512 116,913 -2.10 41.36 -103,896 4,835,522
2018-04-04 2018-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -14 119,425 -0.01 46.41 -650 5,542,514
2018-04-04 2018-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -43 117,457 -0.04 46.41 -1,996 5,451,179
2018-04-04 2018-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -27 117,500 -0.02 46.41 -1,253 5,453,175
2018-04-04 2018-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -52 117,527 -0.04 46.50 -2,418 5,465,006
2018-04-04 2018-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -66 117,579 -0.06 46.50 -3,069 5,467,424
2018-04-04 2018-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -65 117,645 -0.06 46.50 -3,022 5,470,492
2018-04-04 2018-02-18 4 HF HFF, Inc.
Class A common stock 		F - Taxes -67 117,710 -0.06 46.50 -3,116 5,473,515
2018-04-04 2018-02-18 4 HF HFF, Inc.
Class A common stock 		F - Taxes -91 117,777 -0.08 46.50 -4,232 5,476,630
2018-04-04 2018-02-18 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,224 117,868 -1.03 46.50 -56,916 5,480,862
2018-04-04 2018-02-17 4 HF HFF, Inc.
Class A common stock 		F - Taxes -85 119,092 -0.07 46.50 -3,952 5,537,778
2018-04-04 2018-02-17 4 HF HFF, Inc.
Class A common stock 		F - Taxes -83 119,177 -0.07 46.50 -3,860 5,541,730
2018-04-04 2018-02-17 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,659 119,260 -1.37 46.50 -77,144 5,545,590
2018-04-04 2018-02-14 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,626 120,919 -1.33 46.50 -75,609 5,622,734
2018-04-04 2018-02-14 4 HF HFF, Inc.
Class A common stock 		F - Taxes -368 122,545 -0.30 46.41 -17,079 5,687,313
2018-04-04 2018-02-14 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,151 122,913 -0.93 46.41 -53,418 5,704,392
2018-04-04 2018-02-14 4 HF HFF, Inc.
Class A common stock 		F - Taxes -722 124,064 -0.58 46.41 -33,508 5,757,810
2018-03-13 2018-03-09 4 HF HFF, Inc.
Class A common stock 		S - Sale -10,344 124,786 -7.65 48.90 -505,822 6,102,035
2018-03-06 2018-03-02 4 HF HFF, Inc.
Class A common stock 		S - Sale -5,808 135,130 -4.12 45.79 -265,948 6,187,603
2018-03-01 2018-02-27 4 HF HFF, Inc.
Class A common stock 		A - Award 4,901 140,938 3.60 46.95 230,102 6,617,039
2018-03-01 2018-02-27 4 HF HFF, Inc.
Class A common stock 		A - Award 4,473 136,037 3.40 46.95 210,007 6,386,937
2018-03-01 2018-02-27 4 HF HFF, Inc.
Class A common stock 		A - Award 5,325 131,564 4.22 46.95 250,009 6,176,930
2018-03-01 2018-02-27 4 HF HFF, Inc.
Class A common stock 		A - Award 5,325 131,564 4.22 46.95 250,009 6,176,930
2018-02-08 2018-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -144 120,914 -0.12 49.70 -7,157 6,009,426
2018-02-08 2018-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -196 121,058 -0.16 49.70 -9,741 6,016,583
2018-02-08 2018-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -119 121,254 -0.10 49.70 -5,914 6,026,324
2018-02-08 2018-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -2,509 121,373 -2.03 49.70 -124,697 6,032,238
2017-11-15 2017-11-14 4 HF HFF, Inc.
Class A common stock 		S - Sale -19,057 123,882 -13.33 43.94 -837,365 5,443,375
2017-11-14 2017-11-13 4 HF HFF, Inc.
Class A common stock 		S - Sale -8,542 142,939 -5.64 43.82 -374,310 6,263,587
2017-11-14 2017-11-10 4 HF HFF, Inc.
Class A common stock 		S - Sale -401 151,481 -0.26 44.00 -17,644 6,665,164
2017-05-02 2017-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -51 151,882 -0.03 30.72 -1,567 4,665,815
2017-05-02 2017-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -64 151,933 -0.04 30.72 -1,966 4,667,382
2017-05-02 2017-02-21 4 HF HFF, Inc.
Class A common stock 		F - Taxes -73 151,997 -0.05 30.72 -2,243 4,669,348
2017-05-02 2017-02-18 4 HF HFF, Inc.
Class A common stock 		F - Taxes -69 149,560 -0.05 30.72 -2,120 4,594,483
2017-05-02 2017-02-18 4 HF HFF, Inc.
Class A common stock 		F - Taxes -924 149,629 -0.61 30.72 -28,385 4,596,603
2017-05-02 2017-02-17 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,251 150,553 -0.82 30.72 -38,431 4,624,988
2017-05-02 2017-02-17 4 HF HFF, Inc.
Class A common stock 		F - Taxes -1,431 151,804 -0.93 30.72 -43,960 4,663,419
2017-02-16 2017-02-14 4 HF HFF, Inc.
Class A common stock 		A - Award 6,377 153,235 4.34 29.64 189,014 4,541,885
2017-02-16 2017-02-14 4 HF HFF, Inc.
Class A common stock 		A - Award 10,162 146,858 7.43 29.64 301,202 4,352,871
2017-02-16 2017-02-14 4 HF HFF, Inc.
Class A common stock 		A - Award 3,249 136,696 2.43 29.64 96,300 4,051,669
2017-02-07 2017-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -214 133,447 -0.16 29.35 -6,281 3,916,669
2017-02-07 2017-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -130 133,661 -0.10 29.35 -3,816 3,922,950
2017-02-07 2017-02-06 4 HF HFF, Inc.
Class A common stock 		F - Taxes -2,743 133,791 -2.01 29.35 -80,507 3,926,766
2016-04-04 2016-02-18 4 HF HFF, Inc.
Class A common stock 		F - Taxes -982 136,534 -0.71 23.69 -23,264 3,234,490
2016-04-04 2016-02-18 4 HF HFF, Inc.
Class A common stock 		F - Taxes -72 134,837 -0.05 23.69 -1,706 3,194,289
2016-02-19 2016-02-17 4 HF HFF, Inc.
Class A common stock 		A - Award 11,609 134,909 9.42 24.12 280,009 3,254,005
2016-02-19 2016-02-17 4 HF HFF, Inc.
Class A common stock 		A - Award 10,158 123,300 8.98 24.12 245,011 2,973,996
2016-02-02 2016-01-30 4 HF HFF, Inc.
Class A common stock 		F - Taxes -130 113,142 -0.11 28.57 -3,714 3,232,467
2016-02-02 2016-01-30 4 HF HFF, Inc.
Class A common stock 		F - Taxes -2,743 113,272 -2.36 28.57 -78,368 3,236,181
2016-01-07 3 HF HFF, Inc.
Class A common stock 		187,407
2016-01-07 3 HF HFF, Inc.
Class A common stock 		145,697
2016-01-07 3 HF HFF, Inc.
Class A common stock 		117,419
2016-01-07 3 HF HFF, Inc.
Class A common stock 		126,015
2016-01-07 3 HF HFF, Inc.
Class A common stock 		119,552
2016-01-07 3 HF HFF, Inc.
Class A common stock 		187,407
2016-01-07 3 HF HFF, Inc.
Class A common stock 		145,697
2016-01-07 3 HF HFF, Inc.
Class A common stock 		117,419
2016-01-07 3 HF HFF, Inc.
Class A common stock 		126,015
2016-01-07 3 HF HFF, Inc.
Class A common stock 		119,552
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)