William David Tull - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of William David Tull. 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

Companies with Reported Insider Positions

The SEC filings indicate William David Tull has reported holdings or trades in the following companies:

How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by William David Tull. 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 CASH / Pathward Financial, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in CASH / Pathward Financial, 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 (%)
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 Sales CASH / Pathward Financial, Inc. - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in CASH / Pathward Financial, 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 (%)
2020-11-09	CASH	Tull William David	7,500	33.0000	7,500	33.0000	247,500	3	31.7900	-9,075	-3.67
2020-11-02	CASH	Tull William David	68,000	29.5200	68,000	29.5200	2,007,360
2020-08-12	CASH	Tull William David	29,466	20.6700	29,466	20.6700	609,062
2020-08-12	CASH	Tull William David	37,283	20.6600	37,283	20.6600	770,267
2020-08-11	CASH	Tull William David	60,488	20.6700	60,488	20.6700	1,250,287
2020-08-11	CASH	Tull William David	59,093	20.6700	59,093	20.6700	1,221,452
2020-08-10	CASH	Tull William David	10,046	20.5400	10,046	20.5400	206,345
2020-08-10	CASH	Tull William David	3,624	20.5100	3,624	20.5100	74,328
2019-12-12	CASH	Tull William David	4,263	34.9900	4,263	34.9900	149,162
2019-12-12	CASH	Tull William David	4,680	34.9100	4,680	34.9100	163,379
2019-12-10	CASH	Tull William David	4,999	34.9695	4,999	34.9695	174,813
2019-12-10	CASH	Tull William David	2,641	34.9660	2,641	34.9660	92,345
2019-12-09	CASH	Tull William David	8,804	35.0511	8,804	35.0511	308,590
2019-12-09	CASH	Tull William David	9,160	35.0568	9,160	35.0568	321,120
2019-12-04	CASH	Tull William David	20,000	35.1264	20,000	35.1264	702,528
2019-12-04	CASH	Tull William David	20,000	35.1238	20,000	35.1238	702,476
2019-03-07	CASH	Tull William David	26,878	20.5900	26,878	20.5900	553,418
2019-03-06	CASH	Tull William David	27,000	21.4700	27,000	21.4700	579,690
2019-03-05	CASH	Tull William David	12,928	21.5600	12,928	21.5600	278,728
2019-03-05	CASH	Tull William David	11,072	21.6400	11,072	21.6400	239,598

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 William David Tull as disclosed to the Securities Exchange Commission (SEC).