BAY NATIONAL CORP

BAY NATIONAL CORP insiders are currently net sellers of BAYN stock, showing bearish sentiment over the past 90 days. Total sales of $736.7K outpace purchases of $442.4K, creating a net outflow of $294.3K.

BAY NATIONAL CORP has 15 active insiders who have filed SEC Form 4 transactions in the past 90 days. Kenneth H. Trout (Executive) leads with 4 transactions totaling $731.9K. Edwin A. Rommel III (Executive) follows with 10 transactions worth $299.4K. Open-market purchases require insiders to invest their own capital, demonstrating genuine conviction.

The Insider Alignment Score measures the ratio of buying to selling activity on a 0-100 scale. BAY NATIONAL CORP's current score of 38/100 indicates bearish insider sentiment. Scores below 40 indicate selling pressure exceeds buying. Insider selling often reflects diversification needs, tax optimization, or estate planning.

The most recent insider transaction occurred on Feb 13, 2009, when Aj Wright Carl (Executive) acquired 990 shares at $1.20 per share for $1.2K. This appears to be a discretionary trade.

Based on SEC Form 4 filings from the past 90 days, BAYN insider trading sentiment is currently bearish with an Alignment Score of 38/100. The negative net flow of $294.3K shows more selling than buying. However, 0% of recent transactions are 10b5-1 scheduled trades.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like BAY NATIONAL CORP. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At BAYN, we track all Form 4 filings—currently showing 37 transactions from 15 insiders over 90 days.

A 10b5-1 plan allows BAY NATIONAL CORP executives to pre-schedule stock sales when they don't possess material non-public information. At BAYN, approximately 0% of recent transactions are 10b5-1 trades. Most trading activity at BAYN appears discretionary, making insider signals more meaningful.

You can monitor BAY NATIONAL CORP (BAYN) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 15 active insiders and provide real-time transaction feeds, the Alignment Score, 10b5-1 vs. discretionary breakdowns, and direct links to SEC EDGAR filings.

Our Alignment Score measures the ratio of insider buying to selling on a scale of 0-100. A score above 70 indicates strong bullish sentiment, while below 30 suggests bearish activity. BAY NATIONAL CORP's current score of 38/100 indicates moderately bearish sentiment with selling outpacing buying. This is calculated from $442.4K in purchases versus $736.7K in sales over 90 days, resulting in a net flow of -$294.3K.

SEC Form 4 filings are mandatory reports that BAY NATIONAL CORP insiders must submit within 2 business days. Each filing includes the insider's name, relationship, transaction type, shares, and price. Transaction codes: P (purchase), S (sale), A (award), M (option exercise), G (gift). At BAYN, the most common type is "P" with 14 occurrences. The most recent Form 4 was filed on Feb 13, 2009 by Aj Wright Carl.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At BAY NATIONAL CORP, approximately 0% of recent transactions are executed under 10b5-1 plans, while 100% appear to be discretionary trades. The low percentage means most insider activity at BAYN represents discretionary decisions with more informational value.