United Security Bancshares

Introduction

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

Security Title Latest Reported Holdings
US:UBFO / United Security Bancshares Director 245,492
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 T Woolf. 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 UBFO / United Security Bancshares - Short Term Profit Analysis

In this section, we analyze the profitability of every unplanned, open-market insider purchase made in UBFO / United Security Bancshares. 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 (%)
2020-07-20 UBFO Woolf Michael T 1,000 6.9900 1,000 6.9900 6,990 233 8.8500 1,860 26.61
2017-08-14 UBFO Woolf Michael T 10,000 8.8500 10,000 8.8500 88,500
2013-08-16 UBFO Woolf Michael T 5,000 4.2800 5,050 4.2376 21,400
2012-12-06 UBFO Woolf Michael T 14,840 2.7000 14,988 2.6733 40,068
2012-10-19 UBFO Woolf Michael T 44,086 2.8350 44,527 2.8069 124,984
2012-06-15 UBFO Woolf Michael T 100 2.2500 101 2.2277 225
2012-05-29 UBFO Woolf Michael T 15,000 2.3000 15,150 2.2772 34,500
2012-05-23 UBFO Woolf Michael T 325 2.2900 328 2.2673 744
2012-05-22 UBFO Woolf Michael T 2,949 2.2900 2,978 2.2673 6,753
2012-05-21 UBFO Woolf Michael T 6,632 2.2900 6,698 2.2673 15,187
2012-05-21 UBFO Woolf Michael T 2,405 2.2900 2,429 2.2673 5,507
2012-05-18 UBFO Woolf Michael T 1,031 2.2900 1,041 2.2673 2,361
2012-05-18 UBFO Woolf Michael T 578 2.2900 584 2.2673 1,324
2012-05-16 UBFO Woolf Michael T 47 2.2900 47 2.2673 108
2012-04-26 UBFO Woolf Michael T 37 2.2900 37 2.2673 85
2012-04-25 UBFO Woolf Michael T 399 2.2900 403 2.2673 914

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

UBFO / United Security Bancshares Insider Trades
Insider Sales UBFO / United Security Bancshares - Short Term Loss Analysis

In this section, we analyze the short-term loss avoidance of every unplanned, open-market insider sale made in UBFO / United Security Bancshares. 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.

UBFO / United Security Bancshares Insider Trades
Insider Trading History

This table shows the complete list of insider trades made by Michael T Woolf 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
2022-09-06 2022-09-01 4 UBFO UNITED SECURITY BANCSHARES
Common Stock
M - Exercise 153 245,492 0.06
2022-06-03 2022-06-01 4 UBFO UNITED SECURITY BANCSHARES
Common Stock
M - Exercise 428 243,653 0.18
2022-03-03 2022-03-01 4 UBFO UNITED SECURITY BANCSHARES
RESTRICTED STOCK UNITS
M - Exercise -396 0 -100.00
2022-03-03 2022-03-01 4 UBFO UNITED SECURITY BANCSHARES
RESTRICTED STOCK UNITS
A - Award 396 396
2022-03-03 2022-03-01 4 UBFO UNITED SECURITY BANCSHARES
Common Stock
M - Exercise 396 241,775 0.16
2021-12-02 2021-12-01 4 UBFO UNITED SECURITY BANCSHARES
Restricted Stock Units
M - Exercise -425 0 -100.00
2021-12-02 2021-12-01 4 UBFO UNITED SECURITY BANCSHARES
Restricted Stock Units
A - Award 425 425
2021-12-02 2021-12-01 4 UBFO UNITED SECURITY BANCSHARES
Common Stock
M - Exercise 425 239,957 0.18
2020-07-22 2020-07-20 4 UBFO UNITED SECURITY BANCSHARES
Common Stock
P - Purchase 1,000 230,188 0.44 6.99 6,990 1,609,014
2018-03-01 2018-02-27 4 UBFO UNITED SECURITY BANCSHARES
Restricted Stock Units
M - Exercise -1,000 0 -100.00
2018-03-01 2018-02-27 4 UBFO UNITED SECURITY BANCSHARES
Restricted Stock Units
A - Award 1,000 1,000
2018-03-01 2018-02-27 4 UBFO UNITED SECURITY BANCSHARES
Common Stock
A - Award 1,000 220,149 0.46
2017-08-15 2017-08-14 4 UBFO UNITED SECURITY BANCSHARES
Common Stock
P - Purchase 10,000 217,057 4.83 8.85 88,500 1,920,954
2013-08-19 2013-08-16 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 5,000 175,497 2.93 4.28 21,400 751,127
2012-12-07 2012-12-06 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 14,840 164,185 9.94 2.70 40,068 443,300
2012-10-22 2012-10-19 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 44,086 149,144 41.96 2.84 124,984 422,823
2012-06-18 2012-06-15 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 100 104,858 0.10 2.25 225 235,930
2012-05-30 2012-05-29 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 15,000 104,758 16.71 2.30 34,500 240,943
2012-05-23 2012-05-23 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 325 89,758 0.36 2.29 744 205,546
2012-05-23 2012-05-22 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 2,949 89,433 3.41 2.29 6,753 204,802
2012-05-23 2012-05-21 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 6,632 86,484 8.31 2.29 15,187 198,048
2012-05-22 2012-05-21 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 2,405 79,852 3.11 2.29 5,507 182,861
2012-05-22 2012-05-18 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 1,031 77,447 1.35 2.29 2,361 177,354
2012-05-18 2012-05-18 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 578 76,416 0.76 2.29 1,324 174,993
2012-05-18 2012-05-16 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 47 75,838 0.06 2.29 108 173,669
2012-04-27 2012-04-26 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 37 75,743 0.05 2.29 85 173,451
2012-04-27 2012-04-25 4 UBFO UNITED SECURITY BANCSHARES
COMMON STOCK
P - Purchase 399 75,706 0.53 2.29 914 173,367
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)