Why insider trading matters?
If management teams do not own any relevant stakes in the companies they guide, they may not be focused on creating wealth for shareholders to the same degree, compared to those that see their personal wealth increase when share prices rise.
Flagstar Bancorp, Inc. operates as a savings and loan holding company for Flagstar Bank, FSB that provides commercial and consumer banking services to individuals and businesses in the United States. It also provides other financial services, including consumer and corporate card services, customized treasury management solutions, merchant services, and capital markets services, such as loan syndications, and investment and insurance products and services. This segment serves consumer, business, and mortgage lending customers through its branch banking, business and commercial banking, government banking, warehouse lending, and loans held-for-investment (LHFI) portfolio groups. The company's Mortgage Originations segment originates, acquires, and sells one-to-four family residential mortgage loans through mortgage branches, call centers, the Internet, and third party counterparties. Flagstar Bancorp, Inc. was founded in 1987 and is headquartered in Troy, Michigan.
| Trade Date | Insider | Title | Buy/Sell | #Shares | Price | Value | Option |
|---|---|---|---|---|---|---|---|
| 2010-11-02 | Borja Paul D | Executive VP and CFO | Buy | 14,500 | $1.00 | $14,500 | Yes |
| 2010-11-02 | Rinaldi Salvatore J | EVP and Chief of Staff | Buy | 14,500 | $1.00 | $14,500 | Yes |
| 2010-11-02 | CAMPANELLI JOSEPH P | Chairman, President and CEO | Buy | 116,000 | $1.00 | $116,000 | Yes |
| 2010-09-29 | CAMPANELLI JOSEPH P | Chairman, President and CEO | Buy | 24,375 | $10.50 | $255,938 | No |
| 2010-09-17 | DiNello Alessandro | Executive Vice-President | Sell | 1,799 | $2.18 | $3,922 | No |
| 2010-05-24 | Soura Marshall P | Executive Vice-President | Buy | 25,000 | $0.45 | $11,250 | No |
| 2010-05-21 | OVENDEN JAMES | Director | Buy | 50,000 | $0.46 | $22,925 | No |
| 2010-05-20 | Soura Marshall P | Executive Vice-President | Buy | 100,000 | $0.44 | $44,056 | No |
| 2010-05-20 | Rinaldi Salvatore J | EVP and Chief of Staff | Buy | 100,000 | $0.42 | $42,360 | No |
| 2010-03-31 | Kerin Matthew A | Executive Vice-President | Buy | 600,000 | $0.50 | $300,000 | No |
| 2010-03-31 | Borja Paul D | Executive VP and CFO | Buy | 200,000 | $0.50 | $100,000 | No |
| 2010-03-31 | CAMPANELLI JOSEPH P | Chairman, President and CEO | Buy | 600,000 | $0.50 | $300,000 | No |
| 2010-04-01 | Eng Gregory | Director | Buy | 200,000,000 | $0.50 | $100,000,000 | No |
| 2010-04-01 | MATLIN DAVID J | Director | Buy | 200,000,000 | $0.50 | $100,000,000 | No |
| 2010-04-01 | MP Thrift Investments L.P. | 10%-Owner | Buy | 200,000,000 | $0.50 | $100,000,000 | No |
| 2010-04-01 | PATTERSON MARK R | Director | Buy | 200,000,000 | $0.50 | $100,000,000 | No |
| 2010-03-10 | CAMPANELLI JOSEPH P | Chairman, President and CEO | Buy | 525,000 | $1.05 | $551,250 | No |
| 2010-01-27 | Eng Gregory | Director | Buy | 422,535,212 | $0.71 | $300,000,001 | No |
| 2010-01-27 | MATLIN DAVID J | Director | Buy | 422,535,212 | $0.71 | $300,000,001 | No |
| 2010-01-27 | PATTERSON MARK R | Director | Buy | 422,535,212 | $0.71 | $300,000,001 | No |
| 2010-01-27 | MP Thrift Investments L.P. | 10%-Owner | Buy | 422,535,212 | $0.71 | $300,000,001 | No |
| 2009-08-31 | HAMMOND THOMAS J | Chairman of the Board | Sell | 29,700 | $0.81 | $24,179 | No |
| 2009-08-28 | HAMMOND THOMAS J | Chairman of the Board | Sell | 150,000 | $0.82 | $122,305 | No |
| 2009-08-26 | HAMMOND THOMAS J | Chairman of the Board | Sell | 88,944 | $0.81 | $71,646 | No |
| 2009-08-24 | HAMMOND THOMAS J | Chairman of the Board | Sell | 43,500 | $0.80 | $34,844 | No |
| 2009-08-14 | HAMMOND THOMAS J | Chairman of the Board | Sell | 97,167 | $0.83 | $80,902 | No |
| 2009-08-12 | HAMMOND THOMAS J | Chairman of the Board | Sell | 100,000 | $0.87 | $87,070 | No |
| 2009-08-10 | HAMMOND THOMAS J | Chairman of the Board | Sell | 100,000 | $0.88 | $87,980 | No |
| 2009-08-06 | HAMMOND THOMAS J | Chairman of the Board | Sell | 100,000 | $0.89 | $88,755 | No |
| 2009-07-08 | COLLEMAN JAMES DAVID | Director | Buy | 200,000 | $0.62 | $124,000 | No |
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Insider Smart