Independence Contract Drilling, Inc.

Independence Contract Drilling, Inc. insiders are currently net buyers of ICD stock, showing bullish sentiment over the past 90 days. Executives have purchased $25.9M while selling $11.1M, resulting in a positive net flow of $14.8M. This buying activity represents 70% of total transaction volume.

Independence Contract Drilling, Inc. has 35 active insiders who have filed SEC Form 4 transactions in the past 90 days. William Monroe (Executive) leads with 216 transactions totaling $8.3M. Tighe Noonan (Executive) follows with 8 transactions worth $6.6M. 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. Independence Contract Drilling, Inc.'s current score of 70/100 indicates bullish insider sentiment. Scores above 60 suggest insiders are accumulating shares faster than selling, reflecting $25.9M in purchases versus $11.1M in sales.

The most recent insider transaction occurred on Aug 16, 2024, when Durbin Nieuwoudt Stacy (Executive) disposed of 16,666 shares at $0.00 per share for $0. This appears to be a discretionary trade.

Based on SEC Form 4 filings from the past 90 days, ICD insider trading sentiment is currently bullish with an Alignment Score of 70/100. The net insider flow of $14.8M reflects accumulation, with 70% of volume being purchases.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like Independence Contract Drilling, Inc.. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At ICD, we track all Form 4 filings—currently showing 662 transactions from 35 insiders over 90 days.

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

You can monitor Independence Contract Drilling, Inc. (ICD) insider trading activity on this page, which updates within hours of new SEC Form 4 filings. We track all 35 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. Independence Contract Drilling, Inc.'s current score of 70/100 indicates strong bullish sentiment with executives accumulating shares. This is calculated from $25.9M in purchases versus $11.1M in sales over 90 days, resulting in a net flow of $14.8M.

SEC Form 4 filings are mandatory reports that Independence Contract Drilling, Inc. 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 ICD, the most common type is "M" with 26 occurrences. The most recent Form 4 was filed on Aug 16, 2024 by Durbin Nieuwoudt Stacy.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At Independence Contract Drilling, Inc., 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 ICD represents discretionary decisions with more informational value.