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Company Analysis

SALM Insider Trading

SALEM MEDIA GROUP, INC. /DE/ | Radio Broadcasting Stations

Comprehensive Trading Performance Summary

The investment history of corporate insiders at SALEM MEDIA GROUP, INC. /DE/ provides a unique lens into the internal conviction of the company's leadership. By analyzing SEC Form 4 filings, investors can track how directors and officers are allocating their own capital. High-conviction buying often signals that management believes the current market price significantly undervalues future growth prospects, while strategic selling might occur for personal liquidity or portfolio diversification. Monitoring these shifts in ownership is essential for understanding the alignment between management and shareholders in the Radio Broadcasting Stations sector.

Transactions on Chart

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Filing Date Trade Date Reporting Person Relationship Type Price Qty Total, $ Owned After Change, %
2019-05-30 03:20 2019-05-24 Henderson Christopher J Officer - EVP, General Counsel & Secy SELL $2.10 4,825 $10,133 10,676 -31.1%
2019-05-30 03:19 2019-05-24 MASYR EVAN D Officer - EVP & CFO SELL $2.10 3,334 $7,002 28,095 -10.6%
2019-05-30 03:18 2019-05-24 Santrella David P Officer - President - Broadcast Media SELL $2.10 10,837 $22,759 35,851 -23.2%
2019-05-29 04:06 2019-05-23 Henderson Christopher J Officer - EVP, General Counsel & Secy SELL $2.10 2,248 $4,723 15,501 -12.7%
2019-05-24 03:19 2019-05-21 Henderson Christopher J Officer - EVP, General Counsel & Secy SELL $2.39 6,094 $14,564 17,716 -25.6%
2019-05-24 02:16 2019-05-21 MASYR EVAN D Officer - EVP & CFO SELL $2.33 6,986 $16,270 31,429 -18.2%
2019-05-24 02:16 2019-05-21 Santrella David P Officer - President - Broadcast Media SELL $2.33 3,473 $8,088 46,688 -6.9%
2018-08-16 22:15 2018-08-15 ATSINGER EDWARD G III Director, Officer, 10% owner - Chief Executive Officer BUY $3.50 27,553 $96,436 27,553 +100.0%
2018-07-11 00:23 2018-07-06 Henderson Christopher J Officer - EVP, General Counsel & Secy OPT+S $6.25 4,365 $27,281 0 0.0%
2018-03-22 22:03 2018-03-20 Henderson Christopher J Officer - SVP, General Counsel & Secy SELL $3.61 1,740 $6,281 0 -100.0%
2017-07-28 03:16 2017-07-25 ATSINGER EDWARD G III Director, Officer, 10% owner - Chief Executive Officer OPT+S $7.45 483 $3,598 42,554 0.0%
2017-06-29 23:18 2017-06-27 Henderson Christopher J Officer - SVP, General Counsel & Secy OPT+S $7.50 108 $810 0 0.0%
2017-06-29 22:14 2017-06-27 ATSINGER EDWARD G III Director, Officer, 10% owner - Chief Executive Officer OPT+S $7.45 3,528 $26,286 42,554 0.0%
2017-06-14 00:40 2017-06-13 Henderson Christopher J Officer - SVP, General Counsel & Secy SELL $7.40 5,215 $38,591 0 -100.0%
2017-06-13 23:06 2017-06-09 ATSINGER EDWARD G III Director, Officer, 10% owner - Chief Executive Officer OPT+S $7.31 10,270 $75,085 42,554 0.0%
2017-06-06 23:17 2017-06-02 ATSINGER EDWARD G III Director, Officer, 10% owner - Chief Executive Officer OPT+S $7.15 3,001 $21,457 42,554 0.0%
2017-06-05 20:56 2017-06-01 ATSINGER EDWARD G III Director, Officer, 10% owner - Chief Executive Officer OPT+S $7.06 17,979 $126,898 42,554 0.0%
2017-05-26 21:44 2017-05-25 MASYR EVAN D Officer - EVP & CFO SELL $6.94 3,305 $22,937 12,224 -21.3%
2017-05-26 19:47 2017-05-25 Santrella David P Officer - President - Broadcast Media SELL $6.94 5,040 $34,978 14,446 -25.9%
2017-05-26 19:41 2017-05-25 Henderson Christopher J Officer - SVP, General Counsel & Secy SELL $6.94 3,296 $22,874 5,215 -38.7%
2017-05-26 19:33 2017-05-25 EVANS DAVID Officer - President - New Media SELL $6.94 4,910 $34,075 32,502 -13.1%
2017-05-13 00:06 2017-05-10 EVANS DAVID Officer - President - New Media SELL $7.75 3,251 $25,195 37,412 -8.0%
2017-04-06 02:19 2017-04-04 EVANS DAVID Officer - President - New Media SELL $7.75 97 $752 40,663 -0.2%
2017-04-05 02:47 2017-03-31 EVANS DAVID Officer - President - New Media SELL $7.75 7,504 $58,156 40,760 -15.5%
2017-03-31 02:12 2017-03-29 EVANS DAVID Officer - President - New Media SELL $7.53 11,893 $89,609 48,264 -19.8%
2017-03-23 03:17 2017-03-21 EVANS DAVID Officer - President - New Media SELL $7.50 2,255 $16,913 60,157 -3.6%
2016-07-13 01:21 2016-07-12 Santrella David P Officer - President - Broadcast Media OPT+S $8.03 827 $6,641 6,720 0.0%
2016-07-12 02:22 2016-07-08 Santrella David P Officer - President - Broadcast Media OPT+S $8.01 39,173 $313,674 6,720 0.0%
2016-07-07 19:41 2016-07-05 Santrella David P Officer - President - Broadcast Media OPT+S $7.53 17,496 $131,657 6,720 0.0%
2016-07-07 23:03 2016-07-05 MASYR EVAN D Officer - EVP & CFO OPT+S $7.55 78,000 $588,900 7,018 0.0%
2016-07-06 00:53 2016-06-30 EVANS DAVID Officer - President - New Media OPT+S $7.35 34,996 $257,109 50,000 0.0%
2016-06-07 01:03 2016-06-03 EVANS DAVID Officer - President - New Media SELL $6.90 12,558 $86,650 61,496 -17.0%
2016-05-27 23:45 2016-05-25 EVANS DAVID Officer - President - New Media OPT+S $6.75 9,847 $66,459 74,054 0.0%
2016-05-20 21:53 2016-05-19 HALVORSON ERIC H Director BUY $6.47 3,000 $19,423 8,000 +60.0%
2016-05-12 18:48 2016-05-10 EVANS DAVID Officer - President - New Media SELL $7.33 16,499 $120,903 0 -100.0%
2015-12-03 23:14 2015-12-01 MASYR EVAN D Officer - Executive VP & CFO OPT+S $6.20 3,036 $18,823 7,018 0.0%
2015-10-27 01:05 2015-10-23 EVANS DAVID Officer - President, New Media SELL $6.50 200 $1,300 49,800 -0.4%
2015-08-12 03:35 2015-08-10 HALVORSON ERIC H Director BUY $6.26 5,000 $31,276 6,800 +277.8%
2014-11-21 02:33 2014-11-19 Henderson Christopher J Officer - SVP, General Counsel & Secy OPT+S $8.00 7,000 $56,000 0 0.0%
2014-11-14 20:33 2014-11-12 Santrella David P Officer - President - Radio Division OPT+S $8.00 7,316 $58,528 6,720 0.0%
2014-11-12 19:47 2014-11-10 Santrella David P Officer - President - Radio Division OPT+S $8.01 1,434 $11,492 6,720 0.0%
2014-11-12 19:26 2014-11-10 ANDERSON GREG Officer - President Salem Radio Network OPT+S $8.00 5,000 $40,000 0 0.0%
2014-08-14 23:23 2014-08-12 Santrella David P Officer - President - Radio Division OPT+S $8.50 4 $34 6,720 0.0%
2014-07-02 02:32 2014-07-01 Henderson Christopher J Officer - SVP, General Counsel & Secy OPT+S $9.50 8,750 $83,125 0 0.0%
2014-03-21 02:25 2014-03-18 Wright Francis W. Director, Officer - President & COO BUY $9.86 2,310 $22,777 9,810 +30.8%
2014-03-20 00:02 2014-03-17 Henderson Christopher J Officer - SVP, General Counsel & Secy OPT+S $10.02 10,555 $105,771 0 0.0%
2014-03-19 00:09 2014-03-14 Wright Francis W. Director, Officer - President & COO BUY $10.00 5,000 $49,999 7,500 +200.0%
2014-03-17 23:53 2014-03-14 EVANS DAVID Officer - Division President, New Media SELL $10.00 1,405 $14,050 0 -100.0%
2014-03-17 23:52 2014-03-14 Henderson Christopher J Officer - SVP, General Counsel & Secy OPT+S $10.00 2,445 $24,450 0 0.0%
2014-03-13 23:52 2014-03-11 Wright Francis W. Director, Officer - President & COO BUY $9.48 2,500 $23,697 2,500 +100.0%
SHOW ENTRIES

How to Interpret $SALM Trades

Not every insider transaction in SALEM MEDIA GROUP, INC. /DE/ is a signal for immediate action. Professional investors look for "cluster buying"—when multiple executives simultaneously purchase $SALM shares on the open market. It is crucial to distinguish between scheduled sales (under Rule 10b5-1) and voluntary increases in ownership, which demonstrate management’s true conviction that the stock is undervalued.

Data Source & Accuracy for SALM

Insider activity data for SALEM MEDIA GROUP, INC. /DE/ is streamed in real-time directly from the SEC EDGAR system. We analyze raw Form 4 filings, filtering out technical adjustments and complex derivative transactions. This provides a transparent view of how ownership structure is evolving in $SALM, allowing you to follow the capital of those with the most intimate knowledge of the company.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.