Patrick J. Rusnak

Patrick J. Rusnak has filed trades across 4 companies (mainly through SEC (Form 4)), most often in Pacwest Bancorp, Americanwest Bancorporation and Sterling Financial Corp /WA/. Between 2 June 2006 and 28 February 2021, the trades on record add up to 57 filings.

On the market, this insider has only ever bought: 20 purchases, €864k in total. A purchase on the market is a deliberate choice to commit personal money, which is why it draws more attention than a grant. The rest of the record consists of 28 share grants and 3 option exercises.

A typical purchase (the median) is worth €20k. Clusters matter here: 3 out of 4 purchases overlapped with buying by a colleague within 30 days. When several insiders buy within a few weeks of each other, analysts speak of a cluster purchase.

The latest filing, published on 2 March 2021, reports a share grant of €111k in Pacwest Bancorp. The clock since the last published purchase (4 March 2020) now reads 2,440 days. 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. Source: insider filings from SEC (Form 4). Past trades are no guide to future returns.