MarketPeel
Insider Trading Intelligence
MC

Michael Cordonnier

CARL
CEO, PRESIDENT · CARLSMED, INC. · CIK 0002077087
FILING MIX · LIFETIME55%/45%
BUYS
6
SELLS
5
TOTAL VALUE
$2.89M
COMPANIES
1
ACTIVE SINCE
Jul 2025
HOLDINGS NOW
1,517,213
AVG SELL PX
$13.29
TRADE KIND
SHOWING 11 / 11
Trades · vs SPY
Loading price series…
Performance · forward returns vs SPY
1 backtested trades · 8 horizons · 3 pendingHow are these numbers computed? →
Forward-return performance of every backtestable P/S trade by Michael Cordonnier, 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
7d1+100.00%-10.70%-1.18%-9.51%-9.51%
14d1+100.00%-12.49%-2.53%-9.96%-9.96%
30d1+100.00%-27.97%-4.54%-23.44%-23.44%
60d1+100.00%-29.09%+4.99%-34.09%-34.09%
90d1+100.00%-14.59%
180d1(1 pending)
1y1(1 pending)
2y1(1 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
CARL · 1,517,213 shares · as of Mar 3, 2026
0388,625777,2511,165,8761,554,5012026SHARES HELD
Trading cadence · quarterly flow
BUY SELL
2025
2025
2026
FLOW · 6 buys / 5 sellsCOVERAGE · 3 quarters
Form 4 filings · all activity
COMPANYTYPESHARESPRICEVALUEHELD AFTERTRADE DATEFILEDDETAILS
CARL
CARLSMED, INC.
SALE
CEO, President
160,5670Mar 3, 2026Mar 4, 2026View →
CARL
CARLSMED, INC.
SALE
CEO, President
33,264191,692Mar 3, 2026Mar 4, 2026View →
CARL
CARLSMED, INC.
PURCHASE
CEO, President
33,264$4.35$144.8K1,550,477Mar 3, 2026Mar 4, 2026View →
CARL
CARLSMED, INC.
PURCHASE
CEO, President
160,567$0.34$53.8K1,517,213Mar 3, 2026Mar 4, 2026View →
CARL
CARLSMED, INC.
PURCHASE
CEO, President
197,855$0.34$66.3K1,554,501Mar 2, 2026Mar 4, 2026View →
CARL
CARLSMED, INC.
SALE
CEO, President
197,855$13.29$2.63M1,356,646Mar 2, 2026Mar 4, 2026View →
CARL
CARLSMED, INC.
SALE
CEO, President
197,855160,567Mar 2, 2026Mar 4, 2026View →
CARL
CARLSMED, INC.
PURCHASEGRANT
Stock grant
117,3161,356,646Jan 28, 2026Jan 30, 2026View →
CARL
CARLSMED, INC.
SALE
CEO, President
3,6120Jul 24, 2025Jul 24, 2025View →
CARL
CARLSMED, INC.
PURCHASE
CEO, President
3,6121,239,330Jul 24, 2025Jul 24, 2025View →
CARL
CARLSMED, INC.
PURCHASEGRANT
Stock grant
142,857726,235Jul 22, 2025Jul 24, 2025View →
Other insiders · CARL
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About this filer
CIK 0002077087
ROLE
CEO, President
PRIMARY
CARL
COMPANIES
1
ACTIVE SINCE
Jul 2025
MARKETPEEL · /INSIDER/0002077087DATA · SEC EDGAR · FORM 4 · CONSOLIDATED TAPE
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