Mechanics Bancorp insider trading
Every open-market purchase and sale by Mechanics Bancorp's officers, directors and largest shareholders since November 4, 2021, and what the share price did next.
Does following Mechanics Bancorp’s insiders pay?
From August 27, 2012 to December 18, 2024, 36 insiders reported 77 open-market purchases and 70 sales not made under a pre-set plan in Mechanics Bancorp. Twelve months after each purchase was reported, the shares were −1.5% against the S&P 500 on average (median +5.9%), over 77 purchases with a full year of prices; 52% beat the index. After sales, the shares moved −14.7% against the index over 12 months (a negative figure means selling was the right call). Buying each purchase the day after it was reported, an equal amount each, held 12 months or until that insider reported a sale, would have turned $10,000 on February 11, 2013 into $5,244 by November 2, 2026, −4.6% a year. It held shares 90% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $55,693 (+13.4% a year), and held throughout $62,920 (+14.4%).
| Insider | Role | Purchases | 12 months after their purchases | Beat the S&P 500 | Sales | 12 months after their sales | Latest report |
|---|---|---|---|---|---|---|---|
| Chrisman Timothy | Director | 12 | +14.0% (12) | 75% | 0 | — | March 17, 2017 |
| Evans Godfrey B | EVP - General Counsel | 2 | +2.6% (2) | 50% | 10 | −0.5% (10) | November 26, 2024 |
| Patterson Mark Robert | Director | 11 | +2.1% (11) | 64% | 0 | — | May 4, 2023 |
| Ederer David A | Director | 8 | −0.1% (8) | 38% | 0 | — | May 7, 2020 |
| Iseman Jay C | EVP - Chief Credit Officer | 0 | — | — | 8 | −19.1% (8) | February 10, 2022 |
| Mason Mark K | CEO, President | 0 | — | — | 8 | −16.2% (8) | September 4, 2024 |
| Bennion Richard W H | EVP - Res. Lending Director | 0 | — | — | 7 | −15.4% (7) | June 2, 2016 |
| Endresen William | EVP, Comm'l RE & Capital Pres. | 2 | +46.4% (2) | 100% | 5 | −8.8% (5) | May 8, 2023 |
| Williams Bruce W | Director | 0 | — | — | 7 | −30.4% (7) | June 9, 2015 |
| Lemon Paulette | EVP - Retail Banking Director | 0 | — | — | 6 | −27.6% (6) | September 4, 2024 |
| Michel John | EVP, Chief Financial Officer | 5 | −6.6% (5) | 40% | 1 | +16.9% (1) | November 25, 2024 |
| Greenwald Susan C | SVP - Single Fam Op Director | 0 | — | — | 5 | −25.3% (5) | December 19, 2016 |
| Smith Douglas Irvine | Director | 5 | −7.8% (5) | 20% | 0 | — | May 16, 2022 |
| Van Amen Darrell | EVP, Chief Investment Officer | 2 | −61.2% (2) | 0% | 3 | +3.6% (3) | December 18, 2024 |
| Green Jeffrey D | Director | 4 | +15.2% (4) | 100% | 0 | — | February 2, 2021 |
| Straus David H | Sr EVP, Comm'l Banking Dir. | 4 | +4.5% (4) | 50% | 0 | — | April 27, 2018 |
| Boggs Scott M | Director | 3 | −47.2% (3) | 0% | 0 | — | November 3, 2022 |
| Harrell Joanne R | Director | 3 | −43.7% (3) | 33% | 0 | — | November 27, 2024 |
| Kirk George | Director | 3 | −10.1% (3) | 33% | 0 | — | December 16, 2014 |
| Cavanaugh Sandra A | Director | 2 | −8.9% (2) | 50% | 0 | — | February 26, 2021 |
| Hand Erik D | EVP, Mortgage Lending Director | 1 | +45.0% (1) | 100% | 1 | +11.3% (1) | December 18, 2024 |
| Indiek Victor H | Director | 1 | −0.9% (1) | 0% | 1 | −8.8% (1) | November 7, 2019 |
| Ruh Mark R | EVP & CFO | 2 | −18.8% (2) | 0% | 0 | — | May 10, 2019 |
| Taylor Pamela J | EVP - Human Resources Dir | 0 | — | — | 2 | −22.0% (2) | February 2, 2018 |
| Vincent Mary L | EVP - Chief Risk Officer | 0 | — | — | 2 | −14.7% (2) | August 30, 2018 |
| David Rose Marie | EVP-Single Family Lending Dir. | 0 | — | — | 1 | −30.3% (1) | August 29, 2013 |
| Dempsey Brian P | Director | 1 | −57.6% (1) | 0% | 0 | — | February 8, 2013 |
| Harper Troy | EVP, CIO & COO | 1 | +45.1% (1) | 100% | 0 | — | May 4, 2023 |
| Leach Patricia A | EVP | 0 | — | — | 1 | −10.0% (1) | September 14, 2012 |
| Mitchell James R | Director | 1 | +11.7% (1) | 100% | 0 | — | February 6, 2020 |
| Newgard Jeffrey K | EVP, Regional President | 1 | −15.9% (1) | 0% | 0 | — | February 3, 2014 |
| Parr David L | EVP, DIR. OF COMM'L BANKING | 0 | — | — | 1 | +11.3% (1) | December 18, 2024 |
| Pellegrino Nancy D | Director | 1 | +19.9% (1) | 100% | 0 | — | August 31, 2020 |
| Schultz Edward | EVP, Dir. of Comm'l Banking | 0 | — | — | 1 | −8.8% (1) | July 27, 2018 |
| Stewart Cory D | EVP - Chief Accounting Officer | 1 | +12.0% (1) | 100% | 0 | — | May 8, 2014 |
| Tompkins Sidney Craig | Director | 1 | +11.3% (1) | 100% | 0 | — | December 18, 2024 |
When several insiders traded Mechanics Bancorp
Months when 2 or more insiders became net buyers, or 3 or more net sellers, of Mechanics Bancorp in reports dated in the 91 days before the month end, and how the stock did against the S&P 500 from that month end. After the 12 buying crowds with six months of prices, it averaged −5.3% against the index. After 8 selling crowds, −0.3%. One company's history is too short to judge by; the test across every company is the better guide.
| Month | Crowd | 3 months on, vs S&P 500 | 6 months | 12 months |
|---|---|---|---|---|
| November 29, 2024 | 4 selling | −17.0% | +8.4% | +9.7% |
| May 31, 2023 | 5 buying | +74.4% | +19.1% | +50.5% |
| May 31, 2022 | 5 buying | −8.5% | −28.7% | −90.1% |
| August 31, 2021 | 3 buying | +20.3% | +30.4% | −0.9% |
| March 31, 2020 | 5 buying | −8.8% | −12.8% | +46.5% |
| May 31, 2019 | 2 buying | −13.7% | −2.4% | −29.0% |
| June 29, 2018 | 5 buying | −9.3% | −14.3% | −0.6% |
| February 28, 2018 | 5 selling | −6.5% | −6.8% | −7.3% |
| June 30, 2017 | 2 buying | −6.9% | −6.9% | −16.6% |
| February 28, 2017 | 4 selling | −2.6% | −11.7% | −12.0% |
| May 31, 2016 | 3 selling | +17.6% | +44.1% | +12.9% |
| June 30, 2015 | 4 selling | +7.5% | −4.1% | −16.8% |