Bollinger Innovations, Inc.

Introduction

This page provides a comprehensive analysis of the known insider trading history of Curtis Andrew Wolfe. 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.

Companies with Reported Insider Positions

The SEC filings indicate Curtis Andrew Wolfe has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:VS / Versus Systems Inc. Interim CEO 0
US:BINI / Bollinger Innovations, Inc. Secretary 29,495
Secretary, 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 Curtis Andrew Wolfe. 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 BINI / Bollinger Innovations, Inc. - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BINI / Bollinger Innovations, 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.

BINI / Bollinger Innovations, Inc. Insider Trades
Insider Sales BINI / Bollinger Innovations, Inc. - Short Term Loss Analysis

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

BINI / Bollinger Innovations, Inc. Insider Trades
Insider Purchases VSSYW / Versus Systems Inc. - Equity Warrant - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in BINI / Bollinger Innovations, 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.

VSSYW / Versus Systems Inc. - Equity Warrant Insider Trades
Insider Sales VSSYW / Versus Systems Inc. - 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 BINI / Bollinger Innovations, 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.

VSSYW / Versus Systems Inc. - Equity Warrant Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Curtis Andrew Wolfe 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
2024-09-03 3 VS Versus Systems Inc.
Common Shares
0
2012-10-12 3 NETE Net Element International, Inc.
Common Stock
29,495
2012-10-12 3 NETE Net Element International, Inc.
Common Stock
75,000
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Right to Acquire Common Stock
M - Exercise -3,000,000 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
D - Sale to Issuer -12,595 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
D - Sale to Issuer -3,333 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
D - Sale to Issuer -5,405 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -57,142 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -12,500 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -12,500 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -8,333 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -16,667 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -18,182 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -11,765 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -9,524 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -13,333 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -13,333 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -50,000 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Stock Option (Right to Buy)
M - Exercise -94,000 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
D - Sale to Issuer -3,000,000 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 3,000,000 3,000,000
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
D - Sale to Issuer -1,179,779 0 -100.00
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -16,000 1,179,779 -1.34 0.25 -4,000 294,945
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 57,142 1,195,779 5.02 0.07 4,000 83,705
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,138,637 -0.70 0.25 -2,000 284,659
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,138,637 -0.70 0.25 -2,000 284,659
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,138,637 -0.70 0.25 -2,000 284,659
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 12,500 1,146,637 1.10 0.16 2,000 183,462
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 12,500 1,146,637 1.10 0.16 2,000 183,462
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 8,333 1,142,137 0.73 0.24 2,000 274,113
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 16,667 1,141,804 1.48 0.12 2,000 137,016
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,125,137 -0.71 0.25 -2,000 281,284
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 18,182 1,133,137 1.63 0.11 2,000 124,645
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,114,955 -0.71 0.25 -2,000 278,739
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 11,765 1,122,955 1.06 0.17 2,000 190,902
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,111,190 -0.71 0.25 -2,000 277,798
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,106,690 -0.72 0.25 -2,000 276,672
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 9,524 1,114,690 0.86 0.21 2,000 234,085
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,105,166 -0.72 0.25 -2,000 276,292
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 13,333 1,113,166 1.21 0.15 2,000 166,975
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 13,333 1,113,166 1.21 0.15 2,000 166,975
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -8,000 1,099,833 -0.72 0.25 -2,000 274,958
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -12,000 1,094,500 -1.08 0.25 -3,000 273,625
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 50,000 1,106,500 4.73 0.06 3,000 66,390
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
F - Taxes -37,600 1,056,500 -3.44 0.25 -9,400 264,125
2012-10-04 2012-10-02 4 NETE Net Element, Inc.
Common Stock
M - Exercise 94,000 1,094,100 9.40 0.10 9,400 109,410
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)