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Insider Trading Intelligence
RM

R. Kallet Michael

CBU
DIRECTOR · COMMUNITY FINANCIAL SYSTEM, INC. · CIK 0001202795
FILING MIX · LIFETIME60%/40%
BUYS
6
SELLS
4
TOTAL VALUE
$739.5K
COMPANIES
1
ACTIVE SINCE
Mar 2020
HOLDINGS NOW
5,786
AVG SELL PX
$64.36
TRADE KIND
SHOWING 10 / 10
Trades · vs SPY
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Performance · forward returns vs SPY
4 backtested trades · 8 horizons
Forward-return performance of every backtestable P/S trade by R. Kallet Michael, measured at 8 horizons from 7 days to 2 years. Deduped per economic event so co-filings count once. Excess return = trade return minus SPY return over the same window.
HORIZONTRADESWIN RATEINSIDER RETURNSPY RETURNMEAN EXCESSMEDIAN EXCESST-STAT
7d4+100.00%-8.82%-2.49%-6.33%-6.11%
14d4+100.00%-9.91%-0.88%-9.03%-7.84%
30d4+100.00%-8.80%+1.88%-10.68%-11.43%
60d4+75.00%-6.70%+5.43%-12.13%-15.68%
90d4+50.00%-1.34%+10.69%-12.03%-14.26%
180d4+25.00%+6.25%+17.02%-10.76%-14.33%
1y4+0.00%+26.30%+37.69%-11.39%-9.72%
2y4+0.00%+8.02%+32.26%-24.25%-21.85%
How to read this: Insider Returnis the average raw return of the filer's trades over the horizon. SPY Return is what SPY did over those same windows — reference only, not a comparison. The headline alpha number is Mean Excess = Insider − SPY; green means the filer beat SPY, red means they trailed it. Win rate is the share of individual trades where the filer beat SPY. T-statvalues above 2 mean the alpha is unlikely to be chance given the sample size. "Pending" counts trades where the horizon hasn't elapsed yet; their stats are not included in the row average.
Holdings over time
CBU · 5,786.307 shares · as of Dec 17, 2020
011,72723,45535,18246,909SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2020
2020
2020
2020
FLOW · 6 buys / 4 sellsCOVERAGE · 4 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILED
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
PURCHASEGRANT
Stock grant
267.912$65.32$17.5K5,786.307Dec 17, 2020Dec 18, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
SALE
2,403$64.73$155.6K39,506Nov 23, 2020Nov 24, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
PURCHASEGRANT
Stock grant
1723,618.748Oct 28, 2020Oct 30, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
PURCHASEGRANT
Stock grant
301.62$58.02$17.5K5,518.395Sep 17, 2020Sep 18, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
PURCHASEGRANT
Stock grant
308.479$56.73$17.5K5,216.775Jun 18, 2020Jun 22, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
SALE
2,000$65.12$130.2K41,909Jun 5, 2020Jun 9, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
SALE
3,000$60.85$182.5K43,909Jun 4, 2020Jun 5, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
SALE
3,000$67.07$201.2K46,909Apr 29, 2020Apr 29, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
PURCHASEGRANT
Stock grant
290.216$60.30$17.5K4,908.296Mar 19, 2020Mar 19, 2020
CBU
COMMUNITY FINANCIAL SYSTEM, INC.
PURCHASEGRANT
Stock grant
6673,446.748Mar 17, 2020Mar 18, 2020
Other insiders · CBU
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About this filer
CIK 0001202795
ROLE
Director
PRIMARY
CBU
COMPANIES
1
ACTIVE SINCE
Mar 2020
MARKETPEEL · /INSIDER/0001202795DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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