Vestis Corp insider trading

Does following Vestis Corp’s insiders pay?

From December 18, 2023 to September 3, 2026, 13 insiders reported 26 open-market purchases and 0 sales not made under a pre-set plan in Vestis Corp. Twelve months after each purchase was reported, the shares were −25.7% against the S&P 500 on average (median −58.3%), over 21 purchases with a full year of prices; 29% beat the index. 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 December 19, 2023 into $7,268 by November 2, 2026, −10.6% a year. It held shares 100% of the time; the S&P 500 on those same days, with Treasury bills otherwise, made $16,453 (+19.1% a year), and held throughout $16,453 (+19.1%).

Moves are the shares’ return including dividends minus the S&P 500’s, from the close on the first trading day after each report; the number of trades with a finished 12-month window is in brackets. Green means the trade went the insider’s way (a purchase ahead of the index, a sale followed by the shares trailing it). A trade reported both by a director or officer and by a fund or company they are linked to counts once here, under the person. Purchases count only where the share price actually traded was at least $5. These figures describe what the shares did, not why anyone traded. Insiders across all companies.