Stephen C Vaughan - Insider Trading Tracker

Introduction

This page provides a comprehensive analysis of the known insider trading history of Stephen C Vaughan. 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 Stephen C Vaughan 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 Stephen C Vaughan. 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 SIMAW / SIM Acquisition Corp. I - Equity Warrant - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in SIMAW / SIM Acquisition Corp. I - Equity Warrant. 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 SIMAW / SIM Acquisition Corp. I - Equity Warrant - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in SIMAW / SIM Acquisition Corp. I - Equity Warrant. 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 (%)
2015-07-16	SONC	VAUGHAN STEPHEN C	21,250	29.0637	21,250	29.0637	617,604	75
2015-07-13	SONC	VAUGHAN STEPHEN C	21,000	29.4254	21,000	29.4254	617,933
2015-07-06	SONC	VAUGHAN STEPHEN C	13,287	27.9010	13,287	27.9010	370,721
2015-07-01	SONC	VAUGHAN STEPHEN C	6,561	29.0030	6,561	29.0030	190,289
2015-06-30	SONC	VAUGHAN STEPHEN C	14,700	29.0771	14,700	29.0771	427,433
2015-06-29	SONC	VAUGHAN STEPHEN C	12,920	29.1501	12,920	29.1501	376,619
2015-06-26	SONC	VAUGHAN STEPHEN C	3,300	30.0261	3,300	30.0261	99,086
2015-06-10	SONC	VAUGHAN STEPHEN C	32,003	31.0926	32,003	31.0926	995,056
2015-06-08	SONC	VAUGHAN STEPHEN C	4,192	31.0000	4,192	31.0000	129,952
2015-06-05	SONC	VAUGHAN STEPHEN C	12,196	30.1454	12,196	30.1454	367,653
2015-06-04	SONC	VAUGHAN STEPHEN C	2,509	30.0124	2,509	30.0124	75,301
2015-05-29	SONC	VAUGHAN STEPHEN C	36,581	30.2059	36,581	30.2059	1,104,962
2015-01-16	SONC	VAUGHAN STEPHEN C	14,552	31.6603	14,552	31.6603	460,721
2015-01-15	SONC	VAUGHAN STEPHEN C	63,150	31.5102	63,150	31.5102	1,989,869
2014-10-31	SONC	VAUGHAN STEPHEN C	65,663	25.2100	65,663	25.2100	1,655,364
2014-10-30	SONC	VAUGHAN STEPHEN C	8,795	25.2014	8,795	25.2014	221,646
2014-04-01	SONC	VAUGHAN STEPHEN C	43,663	22.9430	43,663	22.9430	1,001,760
2014-01-22	SONC	VAUGHAN STEPHEN C	20,228	20.1575	20,228	20.1575	407,746
2014-01-21	SONC	VAUGHAN STEPHEN C	4,272	20.2500	4,272	20.2500	86,508
2013-04-09	SONC	VAUGHAN STEPHEN C	16,584	12.3829	16,584	12.3829	205,358
2013-04-09	SONC	VAUGHAN STEPHEN C	16,584	12.3829	16,584	12.3829	205,358
2012-06-29	SONC	VAUGHAN STEPHEN C	12,396	10.0200	12,396	10.0200	124,208

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 Stephen C Vaughan as disclosed to the Securities Exchange Commission (SEC).