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Insider Trading Intelligence
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Nathan Boucher

TWO
EVP GENERAL COUNSEL ROUNDPOINT · TWO HARBORS INVESTMENT CORP. · CIK 0001996647
FILING MIX · LIFETIME50%/50%
BUYS
3
SELLS
3
TOTAL VALUE
$23.2K
COMPANIES
1
ACTIVE SINCE
Jan 2024
HOLDINGS NOW
27,249
AVG SELL PX
$11.90
TRADE KIND
SHOWING 6 / 6
Trades · vs SPY
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Performance · forward returns vs SPY
3 backtested trades · 8 horizons · 7 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Nathan Boucher, 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
7d3+0.00%+10.41%+0.02%+10.39%+10.92%
14d3+0.00%+8.23%+1.23%+7.00%+9.23%
30d3+66.67%-2.12%+1.24%-3.36%-11.27%
60d3+66.67%-9.12%-3.80%-5.32%-18.42%
90d3+100.00%-7.59%-4.23%-3.35%-7.74%
180d3(2 pending)+100.00%-5.32%+7.83%-13.14%-13.14%
1y3(2 pending)+0.00%+10.18%+19.93%-9.75%-9.75%
2y3(3 pending)
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
TWO · 27,249 shares · as of Jan 12, 2026
07,12914,25821,38728,51620252026SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2024
2024
2024
2024
2025
2025
2025
2025
2026
FLOW · 3 buys / 3 sellsCOVERAGE · 9 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
TWO
TWO HARBORS INVESTMENT CORP.
SALE10b5-1
10b5-1 plan
666$12.25$8.2K27,249Jan 12, 2026Jan 12, 2026View →
TWO
TWO HARBORS INVESTMENT CORP.
SALE10b5-1
10b5-1 plan
601$12.37$7.4K27,915Jan 9, 2026Jan 12, 2026View →
TWO
TWO HARBORS INVESTMENT CORP.
PURCHASEGRANT
Stock grant
14,70528,516Jan 7, 2026Jan 9, 2026View →
TWO
TWO HARBORS INVESTMENT CORP.
SALE10b5-1
10b5-1 plan
686$11.14$7.6K13,811Jan 10, 2025Jan 10, 2025View →
TWO
TWO HARBORS INVESTMENT CORP.
PURCHASEGRANT
Stock grant
7,67814,497Jan 7, 2025Jan 10, 2025View →
TWO
TWO HARBORS INVESTMENT CORP.
PURCHASEGRANT
Stock grant
6,8196,819Jan 8, 2024Jan 10, 2024View →
Other insiders · TWO
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About this filer
CIK 0001996647
ROLE
EVP General Counsel RoundPoint
PRIMARY
TWO
COMPANIES
1
ACTIVE SINCE
Jan 2024
MARKETPEEL · /INSIDER/0001996647DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
FREE · DAILY · 6 AM ET

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