Richard J. Barz

All filings by Richard J. Barz on record concern ISABELLA BANK Corp. Over a trading history stretching from 15 February 2006 to 31 October 2018, the count stands at 64 filings.

Both buying and selling appear: 45 purchases worth €186k, against 3 sales worth €25k. On balance, insiders were net buyers of €161k. Unlike grants, an open-market purchase is paid for by the insider, at the market price. Outside the open market, there are 1 share grant. In 2018 alone, the filings show 5 purchases and no sales.

A typical purchase (the median) is worth €472. Of 17 purchases, 17 formed part of a group of insiders buying within 30 days of each other. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. For 42 purchases whose 90-day window has closed, the share price was higher on day 90 than the day after publication in 55% of cases, with a median move of +0.4%. This is a record of the past, not a forecast.

The newest entry dates from 5 November 2018: an open-market purchase of €70k, in ISABELLA BANK Corp. Between a trade and the moment it shows up on SEC (Form 4), the median delay is 2 days. US insiders must file a Form 4 within two business days of a trade. This summary is built from SEC (Form 4) disclosures alone and does not predict where the share price will go.