Why insider trading matters?

Numerous studies have examined whether there is evidence that U.S. insiders systematically trade on private information despite the legal deterrence. The consensus appears to be that insider purchases (but not sales) tend to be followed by positive abnormal stock price performance, particularly for small growth stocks.

- Prof. B. Espen Eckbo, Dartmouth College
RBB Bancorp (RBB)
Sector: Financial Services; Industry: Banks—Regional

RBB Bancorp operates as the bank holding company for Royal Business Bank that provides various banking products and services to the Chinese-American communities. In addition, it provides international letters of credit, SWIFT, export advisory, trade finance discount, and foreign exchange services; and trust, remote deposit, e-banking, and mobile banking services, as well as operates a loan production office in California. The company primarily offers its products and services to individuals, businesses, municipalities, and other entities. RBB Bancorp was founded in 2008 and is headquartered in Los Angeles, California.


Trade Date Insider Title Buy/Sell #Shares Price Value Option
2022-06-16 Thian Yee Phong Former President/CEO Sell 38,763 $20.24 $784,674 Yes
2022-06-14 Thian Yee Phong Former President/CEO Sell 13,237 $20.24 $267,917 Yes
2022-06-13 Kao James Director Buy 2,000 $19.88 $39,760 No
2022-06-10 Kao James Director Buy 6,000 $20.48 $122,880 No
2022-05-26 Pang Simon EVP Sell 6,494 $21.25 $137,992 No
2022-05-26 Liu Vincent EVP Sell 5,830 $21.25 $123,888 No
2022-05-24 Liu Vincent EVP Sell 24,170 $20.82 $503,112 No
2022-05-13 Kao James Director Buy 4,000 $20.31 $81,240 No
2022-05-13 Lin Paul Director Sell 7,273 $20.41 $148,465 Yes
2022-05-13 Song Tammy Former EVP Sell 13,000 $20.37 $264,858 Yes
2022-05-13 Lin Feng Director Sell 10,763 $20.19 $217,252 Yes
2022-05-12 Lin Paul Director Sell 10,763 $20.38 $219,306 Yes
2022-05-11 Song Tammy Former EVP Sell 21,659 $20.82 $451,022 Yes
2022-05-10 Song Tammy Former EVP Sell 104 $21.01 $2,185 Yes
2022-04-29 Kao James Director Buy 18,000 $21.68 $390,215 No
2021-09-02 Liu Vincent EVP Sell 29 $25.75 $747 No
2021-09-01 Liu Vincent EVP Sell 1,955 $25.75 $50,341 No
2021-08-31 Pang Simon EVP Sell 9,102 $25.69 $233,872 No
2021-08-31 Liu Vincent EVP Sell 17,607 $25.54 $449,630 No
2021-08-31 Liu Vincent EVP Sell 94,172 $25.50 $2,401,386 Yes
2021-04-30 Morris David Richard EVP Sell 9,687 $20.86 $202,071 Yes
2020-03-06 Pang Simon EVP Buy 1,000 $15.85 $15,847 No
2020-03-06 Liu Vincent EVP Buy 3,600 $15.60 $56,160 No
2020-03-11 LIN CHUANG I Director Buy 3,000 $13.87 $41,610 No
2020-03-06 Chen Wendell Director Buy 1,000 $16.07 $16,070 No
2020-03-10 Thian Fui Ming Director Buy 2,000 $13.91 $27,820 No
2021-02-18 LIN CHUANG I Director Sell 10,763 $18.68 $201,026 Yes
2021-02-18 Lin Ko-Yen Director Sell 10,763 $18.68 $201,026 Yes
2020-04-24 Morris David Richard EVP Buy 500 $11.63 $5,818 No
2020-03-10 Morris David Richard EVP Buy 500 $14.06 $7,028 No

Insider Smart

Upwork Inc (UPWK) - GRETSCH GREGORY C. Director of Upwork, made a bulk buy of 500K shares right before the big gap up, which is also the largest buy of the past 12 months.

Insider Smart

CARNIVAL CORP (CCL) - Cruislines $CCL $NCLH $RCL took a huge beat due to the pandemic, concerns of bankruptcy were raised. Among the three dominating companies in the industry, $CCL is the first one bought by insiders, such a bold move would definitely boost investor confidence.