Introduction

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

Security Title Latest Reported Holdings
US:GRT / 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 Alan R Weiler. 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 Trading History

This table shows the complete list of insider trades made by Alan R Weiler 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
2014-05-02 2014-05-02 4 GRT GLIMCHER REALTY TRUST
Stock Option (Right to Buy) 		M - Exercise -400 0 -100.00
2014-05-02 2014-05-02 4 GRT GLIMCHER REALTY TRUST
Common Shares of Beneficial Interest 		S - Sale -400 46,758 -0.85 10.17 -4,068 475,529
2014-05-02 2014-05-02 4 GRT GLIMCHER REALTY TRUST
Common Shares of Beneficial Interest 		M - Exercise 400 47,158 0.86 4.51 1,804 212,683
2013-09-13 2013-09-11 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 50 13,766 0.36 23.40 1,170 322,124
2013-09-12 2013-09-12 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 1,134 14,850 8.27 23.22 26,328 344,772
2013-09-12 2013-09-11 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 116 13,716 0.85 23.40 2,714 320,954
2013-09-12 2013-09-10 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 1,677 13,600 14.07 23.33 39,118 317,234
2013-09-10 2013-09-09 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 803 11,923 7.22 23.08 18,533 275,183
2013-09-10 2013-09-06 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 120 11,120 1.09 23.16 2,779 257,517
2013-09-06 2013-09-05 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 2,750 11,000 33.33 22.95 63,120 252,480
2013-09-06 2013-09-04 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 250 8,250 3.12 23.07 5,768 190,328
2013-06-17 2013-06-14 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 2,000 8,000 33.33 25.03 50,058 200,232
2013-06-17 2013-06-13 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 2,000 6,000 50.00 24.78 49,561 148,684
2013-06-13 2013-06-12 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 2,000 4,000 100.00 24.77 49,541 99,082
2013-06-13 2013-06-11 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 2,000 2,000 24.86 49,727 49,727
2013-05-13 2013-05-09 4 GRT GLIMCHER REALTY TRUST
Common Shares of Beneficial Interest 		A - Award 3,849 46,758 8.97
2013-05-03 2013-05-01 4 GRT GLIMCHER REALTY TRUST
6.875% Series I Cum Redeem Pfd Shares of Beneficial Interest 		P - Purchase 3,900 3,900 25.46 99,294 99,294
2013-05-03 2013-04-29 4/A GRT GLIMCHER REALTY TRUST
8.125% Series G Pfd Shares of Beneficial Interest 		D - Sale to Issuer -12,152 15,798 -43.48 25.00 -303,800 394,950
2013-05-01 2013-04-29 4 GRT GLIMCHER REALTY TRUST
8.125% Series G Pfd Shares of Beneficial Interest 		D - Sale to Issuer -12,881 15,069 -46.09 25.00 -322,025 376,725
2012-09-07 2012-09-06 4 GRT GLIMCHER REALTY TRUST
7.5% Series H Cum. Redeem. Pfd Shares of Beneficial Interest 		P - Purchase 4,000 4,000 25.70 102,800 102,800
2012-09-05 2012-09-04 4 GRT GLIMCHER REALTY TRUST
8.125% Series G Pfd Shares of Beneficial Interest 		D - Sale to Issuer -4,050 27,950 -12.66 25.00 -101,250 698,750
2012-06-29 2012-06-28 4 GRT GLIMCHER REALTY TRUST
Stock Option (Right to Buy) 		M - Exercise -800 400 -66.67
2012-06-29 2012-06-28 4 GRT GLIMCHER REALTY TRUST
Common Shares of Beneficial Interest 		M - Exercise 800 42,909 1.90 4.51 3,608 193,520
2012-06-19 2012-05-10 4/A GRT GLIMCHER REALTY TRUST
Common Shares of Beneficial Interest 		A - Award 5,056 40,909 14.10
2012-05-21 2012-05-18 4 GRT GLIMCHER REALTY TRUST
Stock Option (Right to Buy) 		M - Exercise -1,200 0 -100.00
2012-05-21 2012-05-18 4 GRT GLIMCHER REALTY TRUST
Common Shares of Beneficial Interest 		M - Exercise 1,200 42,559 2.90 1.40 1,680 59,583
2012-05-14 2012-05-10 4 GRT GLIMCHER REALTY TRUST
Common Shares of Beneficial Interest 		A - Award 5,506 41,359 15.36
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)