David L. Sites

David L. Sites is a declared insider of ACNB Corp (board member), with filings sourced from SEC (Form 4). Over a trading history stretching from 24 June 2010 to 15 December 2022, the count stands at 96 filings.

In open-market terms, that means 58 purchases worth €1.1M on one side and 18 sales worth €770k on the other. On balance, insiders were net buyers of €305k. Open-market purchases are the filings investors watch most closely, because the insider pays for the shares out of pocket. Other entries cover 20 share grants. 2022 to date brings 5 purchases and no sales.

In size, the median ticket on the buying side is €3,870. On 37 out of 39 purchases, another insider of the same company was buying within the same 30 days. A cluster is several different insiders buying the same stock within a short window, a pattern studied more closely than a single purchase. After 38 purchases with a full 90-day history, the hit rate stands at 82% and the median 90-day move at +6.7%. They describe history only and say nothing certain about the share price ahead.

The latest filing, published on 20 December 2022, reports a share grant of €7,238 in ACNB Corp. The last purchase on record was published on 5 July 2022, which is 1,587 days ago. The median gap between a trade and its publication by SEC (Form 4) is 4 days. For comparison, the SEC allows two business days to file a Form 4. These figures are compiled from regulatory filings published by SEC (Form 4). They describe what insiders did and are not a recommendation.