Joseph V. Bunke stock holdings and net worth by SEC Form 4 filings Mar, 2024 (2024)

FAQs

Where can I find insider ownership? ›

In addition to the SEC's EDGAR database, there also are many third-party websites that offer insider ownership and transaction information. If you enter the words “insider reports” into most Internet search engines, you'll quickly find websites that can provide this information.

Generally, any change in an insider's beneficial ownership of the company's securities is reported on a Form 4. Insiders usually must file a Form 4 within two business days after a change in beneficial ownership. This two-day reporting period begins when a transaction is executed, not when it settles.

An insider of a company, as defined by the Securities and Exchange Commission (SEC), is an officer, director, or 10% shareholder of a company that has inside information into the company because of their relationship to the company or with an officer, director, or principal shareholder of the company.

Form 4 is a two-page document, which covers any buy-and-sell orders, as well as the exercise of company stock options. Options are contracts that give the holder the right, but not the obligation to buy or sell a stock at a certain price, and by a specific date.

Form 4 filings are publicly available through the Securities and Exchange Commission's Electronic Data Gathering, Analysis, and Retrieval system — EDGAR.

Anyone who is a Section 16 insider of a reporting company must file a Form 4 with the SEC under Section 16 of the Exchange Act to report any changes in the filer's beneficial ownership of any class of the company's equity securities after the filer executes a transaction.

Form 4 filings can help investors identify transactions that top corporate insiders such as CEOs, CFOs, and Chairmen have made in US publicly listed companies. This is valuable because corporate insiders have a genuine information advantage over other investors.

Some traders follow something called the "10 a.m. rule." The stock market opens for trading at 9:30 a.m., and the time between 9:30 a.m. and 10 a.m. often has significant trading volume. Traders that follow the 10 a.m. rule think a stock's price trajectory is relatively set for the day by the end of that half-hour.

How much stock do you need to own to be an insider? ›

An “insider” is an officer, director, 10% stockholder and anyone who possesses inside information because of his or her relationship with the Company or with an officer, director or principal stockholder of the Company.

Whistleblowers serve as an invaluable layer of detection in identifying and combating insider trading. These individuals, who often work within the organization where illegal activities are taking place, come forward to report misconduct to regulatory bodies like the SEC.

It's rarely worth holding on to your shares long after the announcement of an all-cash acquisition. For stock or cash-and-stock deals, your decision to hold or sell should be based on whether you have any desire to be a shareholder in the acquiring company.

If the SEC notices suspicious activity, they may decide to open an investigation. An insider trading investigation may include wiretaps, interviewing witnesses, examining trading records, and reviewing phone records, among other things.

Classic Insider Trading: Buying or selling assets based on important non-public information. Tipper-Tippee Trading: An insider gives others access to confidential information so they can trade using it. Trading During Blackout Periods: Insider trading during times when particular people are barred from trading.

Owner, shareholder and employee information for a business entity is not made of record with the California Secretary of State. Requests for information should be directed to the business entity itself.

When directors, officers or other key executives own shares of stock in the company they are currently employed by, this is referred to as insider ownership. A hypothesis referred to as the alignment theory suggests that the performance of the firm will be positively affected as the level of inside ownership grows.

Trading by specific insiders, such as employees, is commonly permitted as long as it does not rely on material information not available to the general public. Many jurisdictions require that such trading be reported so that the transactions can be monitored.

The IBD Accumulation/Distribution Rating is a quick way to see if institutions are buying or selling a stock. This is found on MarketSmith's weekly chart or in IBD's Stock Checkup tool. Stocks are rated from A+ to E, with A+ being the best and E being the worst.