M. Kathryn Burkey

FUNC

DIRECTOR · FIRST UNITED CORP/MD/ · CIK 0001334339

FILING MIX · LIFETIME100%/0%

BUYS

SELLS

TOTAL VALUE

$24.9K

COMPANIES

ACTIVE SINCE

Mar 2020

HOLDINGS NOW

45,776

AVG SELL PX

—

Trades · vs SPY

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Performance · forward returns vs SPY

6 backtested trades · 8 horizons

Forward-return performance of every backtestable P/S trade by M. Kathryn Burkey, 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.

HORIZON	TRADES	WIN RATE	INSIDER RETURN	SPY RETURN	MEAN EXCESS	MEDIAN EXCESS	T-STAT
7d	6	+16.67%	-2.49%	-0.13%	-2.36%	-2.75%	—
14d	6	+16.67%	-0.65%	-2.92%	+2.27%	+0.80%	—
30d	6	+100.00%	+3.10%	-1.02%	+4.12%	+6.84%	—
60d	6	+100.00%	+17.32%	+2.13%	+15.19%	+18.74%	—
90d	6	+100.00%	+34.30%	+8.97%	+25.33%	+33.08%	—
180d	6	+83.33%	+49.30%	+17.22%	+32.08%	+48.84%	—
1y	6	+100.00%	+62.26%	+37.02%	+25.25%	+31.77%	—
2y	6	+100.00%	+74.69%	+31.78%	+42.90%	+53.41%	—

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

FUNC · 45,776.006 shares · as of Aug 27, 2020

Trading cadence · quarterly flow

BUY ● SELL ●

2020

FLOW · 7 buys / 0 sellsCOVERAGE · 3 quarters

Form 4 filings · all activity

COMPANY	TYPE	SHARES	PRICE	VALUE	HELD AFTER	TRADE DATE	FILED
FUNC FIRST UNITED CORP/MD/	PURCHASE	37	$11.42	$423	45,813.006	Aug 27, 2020	Aug 28, 2020 ↗
FUNC FIRST UNITED CORP/MD/	PURCHASE	20	$11.50	$230	45,703.006	Aug 27, 2020	Aug 28, 2020 ↗
FUNC FIRST UNITED CORP/MD/	PURCHASE	794	$11.50	$9.1K	45,683.006	Aug 27, 2020	Aug 28, 2020 ↗
FUNC FIRST UNITED CORP/MD/	PURCHASE	207	$11.41	$2.4K	46,020.006	Aug 27, 2020	Aug 28, 2020 ↗
FUNC FIRST UNITED CORP/MD/	PURCHASE	73	$11.43	$834	45,776.006	Aug 27, 2020	Aug 28, 2020 ↗
FUNC FIRST UNITED CORP/MD/	PURCHASEGRANT Stock grant	1,688	—	—	44,889.006	Jun 17, 2020	Jun 18, 2020 ↗
FUNC FIRST UNITED CORP/MD/	PURCHASE	900	$13.29	$12.0K	43,201.006	Mar 18, 2020	Mar 19, 2020 ↗

Other insiders · FUNC

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About this filer

CIK 0001334339

ROLE

Director

PRIMARY

FUNC

COMPANIES

ACTIVE SINCE

Mar 2020

MARKETPEEL · /INSIDER/0001334339DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE

M. Kathryn Burkey

The morning brief, before the bell.