MACKINAC FINANCIAL CORP /MI/

MACKINAC FINANCIAL CORP /MI/ insiders are currently net buyers of MFNC stock, showing bullish sentiment over the past 90 days. Executives have purchased $2.7M while selling $483.7K, resulting in a positive net flow of $2.2M. This buying activity represents 85% of total transaction volume.

MACKINAC FINANCIAL CORP /MI/ has 15 active insiders who have filed SEC Form 4 transactions in the past 90 days. Paul Davison Tobias (Executive) leads with 22 transactions totaling $2.0M. Capital Investors, Lllp Steinhardt (Executive) follows with 6 transactions worth $1.2M. 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. MACKINAC FINANCIAL CORP /MI/'s current score of 85/100 indicates bullish insider sentiment. Scores above 60 suggest insiders are accumulating shares faster than selling, reflecting $2.7M in purchases versus $483.7K in sales.

The most recent insider transaction occurred on Sep 3, 2021, when A. Deering Jesse (Executive) disposed of 30,288 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, MFNC insider trading sentiment is currently bullish with an Alignment Score of 85/100. The net insider flow of $2.2M reflects accumulation, with 85% of volume being purchases.

SEC Form 4 is the primary disclosure mechanism for insider trading at publicly traded companies like MACKINAC FINANCIAL CORP /MI/. Corporate insiders must file within two business days of any transaction, making it one of the most timely sources of executive sentiment. At MFNC, we track all Form 4 filings—currently showing 211 transactions from 15 insiders over 90 days.

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

You can monitor MACKINAC FINANCIAL CORP /MI/ (MFNC) 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. MACKINAC FINANCIAL CORP /MI/'s current score of 85/100 indicates strong bullish sentiment with executives accumulating shares. This is calculated from $2.7M in purchases versus $483.7K in sales over 90 days, resulting in a net flow of $2.2M.

SEC Form 4 filings are mandatory reports that MACKINAC FINANCIAL CORP /MI/ 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 MFNC, the most common type is "D" with 16 occurrences. The most recent Form 4 was filed on Sep 3, 2021 by A. Deering Jesse.

Rule 10b5-1 allows corporate insiders to establish pre-scheduled trading plans when they don't possess material non-public information. At MACKINAC FINANCIAL CORP /MI/, 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 MFNC represents discretionary decisions with more informational value.