National Commercial Banks
Standard Industrial Classification: SIC 6021
Industry Insider Sentiment Analysis
The National Commercial Banks sector (SIC 6021) acts as a critical barometer for broader economic health. Our real-time monitoring reveals total transactions. Monitoring "cluster buying" is one of the most reliable leading indicators for future sector performance. By analyzing aggregate data across this specific Standard Industrial Classification, investors can filter out individual company volatility and identify high-conviction trends. When multiple directors and officers within the same industry move capital simultaneously, it often signals an upcoming sector-wide revaluation or a fundamental shift in supply chain dynamics that has yet to be recognized by the broader public market.
| Filing Date | Trade Date | Ticker | Company | Reporting Person | Relationship | Type | Price | Qty | Total, $ | Owned After |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-12 16:26 | 2025-03-07 | NIC | NICOLET BANKSHARES INC | MERKATORIS SUSAN L | Director | SELL | $115.26 | 300 | $34,578 | 81,918 |
| 2025-03-12 17:45 | 2025-03-12 | PNFP | Pinnacle Financial Partners, Inc. 6.75% Non-Cumulative Perpetual Preferred Stock, Series B | TURNER M TERRY | Director, Officer | SELL | $100.63 | 2,000 | $201,260 | 254,552 |
| 2025-03-12 17:39 | 2025-03-11 | PNFP | Pinnacle Financial Partners, Inc. 6.75% Non-Cumulative Perpetual Preferred Stock, Series B | Sumerlin Charissa D | Officer | SELL | $99.42 | 41 | $4,076 | 2,219 |
| 2025-03-11 16:49 | 2025-03-10 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $58.80 | 1,000 | $58,798 | 84,083 |
| 2025-03-11 19:45 | 2025-03-07 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | DEMCHAK WILLIAM S | Director, Officer | SELL | $178.83 | 1,242 | $222,107 | 568,541 |
| 2025-03-12 00:26 | 2025-03-07 | UMBF | UMB FINANCIAL CORP | Newton Nikki Farentino | Officer | SELL | $102.43 | 1,000 | $102,425 | 15,560 |
| 2025-03-10 23:34 | 2025-03-07 | USB | US BANCORP DE | Roy Arijit | Officer | SELL | $43.68 | 2,237 | $97,701 | 39,994 |
| 2025-03-10 19:19 | 2025-03-06 | BHRB | Burke & Herbert Financial Services Corp. | Riojas Jose David | Director | BUY | $60.20 | 600 | $36,120 | 10,100 |
| 2025-03-10 16:11 | 2025-03-07 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $59.75 | 1,000 | $59,750 | 83,083 |
| 2025-03-07 17:52 | 2025-02-28 | DCOM | Dime Community Bancshares, Inc. /NY/ | Reddy Avinash | Officer | SELL | $19.38 | 500 | $9,688 | 5,730 |
| 2025-03-07 17:52 | 2025-02-28 | DCOM | Dime Community Bancshares, Inc. /NY/ | Reddy Avinash | Officer | BUY | $19.36 | 500 | $9,678 | 6,230 |
| 2025-03-08 00:15 | 2025-03-05 | NBTB | NBT BANCORP INC | Kingsley Scott Allen | Officer | BUY | $44.90 | 2,000 | $89,800 | 39,308 |
| 2025-03-08 03:12 | 2025-03-06 | LARK | LANDMARK BANCORP INC | Kohlrus Mark J. | Director | BUY | $22.95 | 150 | $3,443 | 2,229 |
| 2025-03-07 22:51 | 2025-03-05 | PFIS | PEOPLES FINANCIAL SERVICES CORP. | LOCHEN RICHARD S JR | Director | BUY | $47.12 | 1,000 | $47,124 | 17,129 |
| 2025-03-08 00:43 | 2025-03-07 | CBKM | CONSUMERS BANCORP INC /OH/ | Gerzina Joseph A | Director | BUY | $19.40 | 1,000 | $19,400 | 4,000 |
| 2025-03-06 16:25 | 2025-03-05 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $60.50 | 2,000 | $121,000 | 203,939 |
| 2025-03-05 23:12 | 2025-03-04 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $61.88 | 4,000 | $247,500 | 201,939 |
| 2025-03-06 00:23 | 2025-03-04 | CBNK | Capital Bancorp Inc | Canuso Dominic C | Officer | BUY | $29.37 | 500 | $14,687 | 2,500 |
| 2025-03-06 02:47 | 2025-03-04 | LARK | LANDMARK BANCORP INC | Kohlrus Mark J. | Director | BUY | $22.89 | 279 | $6,385 | 2,079 |
| 2025-03-05 15:26 | 2025-03-03 | UMBF | UMB FINANCIAL CORP | Peterman Tamara | Director | BUY | $110.19 | 179 | $19,687 | 8,500 |
| 2025-03-05 15:25 | 2025-03-03 | UMBF | UMB FINANCIAL CORP | GRAVES GREG M | Director | BUY | $110.19 | 255 | $28,125 | 37,288 |
| 2025-03-05 02:18 | 2025-03-03 | HBAN | HUNTINGTON BANCSHARES INC /MD/ | Lawlor Brendan A | Officer | SELL | $16.54 | 1,467 | $24,264 | 31,921 |
| 2025-03-04 18:09 | 2025-03-03 | AROW | Arrow Financial Corporation | O'Conor Raymond F | Director | SELL | $26.90 | 2,000 | $53,800 | 33,022 |
| 2025-03-03 20:46 | 2024-07-16 | FUNC | FIRST UNITED CORP/MD/ | Peterson Julie W | Officer | BUY | $30.98 | 26 | $800 | 151 |
| 2025-03-04 03:29 | 2025-02-21 | CBNA | CHAIN BRIDGE BANCORP INC | Friedman Martin S. | 10% owner | BUY | $24.35 | 25,796 | $628,238 | 338,236 |
| 2025-03-03 21:39 | 2025-02-28 | CHCO | CITY HOLDING CO | BUMGARNER DAVID L | Officer | SELL | $119.00 | 170 | $20,230 | 11,694 |
| 2025-03-03 19:07 | 2025-02-28 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | DEMCHAK WILLIAM S | Director, Officer | SELL | $190.18 | 1,242 | $236,204 | 569,783 |
| 2025-03-04 03:31 | 2025-02-28 | LARK | LANDMARK BANCORP INC | Kohlrus Mark J. | Director | BUY | $23.77 | 400 | $9,506 | 1,800 |
| 2025-03-03 22:47 | 2025-02-28 | ATLO | AMES NATIONAL CORP | Cassabaum Michelle R | Director | BUY | $18.62 | 288 | $5,363 | 7,991 |
| 2025-03-01 00:25 | 2025-02-26 | HWBK | HAWTHORN BANCSHARES, INC. | Holtaway Jonathan | Director | SELL | $31.11 | 21,449 | $667,184 | 342,390 |
| 2025-02-28 17:12 | 2025-02-26 | CMTV | COMMUNITY BANCORP /VT | Moore Jeffrey Lee | Director | BUY | $17.75 | 2,000 | $35,500 | 2,000 |
| 2025-03-01 01:54 | 2025-02-28 | BANF | BANCFIRST CORP /OK/ | Martin William Scott | Director | SELL | $119.13 | 10,000 | $1,191,255 | 214,499 |
| 2025-02-28 16:55 | 2025-02-26 | NKSH | NATIONAL BANKSHARES INC | BALL LAWRENCE J | Director | BUY | $27.50 | 1,000 | $27,500 | 21,906 |
| 2025-03-01 00:42 | 2025-02-25 | N/A | WILSON BANK HOLDING CO | CLEMONS JAMES RANDALL | Director | SELL | $75.10 | 1,332 | $100,033 | 106,120 |
| 2025-03-01 00:32 | 2024-12-23 | RF | REGIONS FINANCIAL CORP | SUQUET JOSE S | Director | SELL | $23.98 | 224 | $5,371 | 33,711 |
| 2025-03-01 00:32 | 2024-08-05 | RF | REGIONS FINANCIAL CORP | SUQUET JOSE S | Director | BUY | $23.96 | 2,408 | $57,687 | 33,836 |
| 2025-02-27 20:20 | 2025-02-26 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $61.75 | 2,000 | $123,500 | 197,939 |
| 2025-02-28 01:38 | 2024-12-30 | FRME | FIRST MERCHANTS CORP | Halderman Howard | Director | BUY | $41.24 | 4 | $165 | 25,131 |
| 2025-02-28 02:44 | 2025-02-26 | LARK | LANDMARK BANCORP INC | Kohlrus Mark J. | Director | BUY | $22.50 | 200 | $4,500 | 1,400 |
| 2025-02-28 00:29 | 2025-02-25 | PNFP | Pinnacle Financial Partners, Inc. 6.75% Non-Cumulative Perpetual Preferred Stock, Series B | CALLICUTT RICHARD D II | Director, Officer | SELL | $113.02 | 6,110 | $690,552 | 92,697 |
| 2025-02-28 00:25 | 2025-02-26 | PNFP | Pinnacle Financial Partners, Inc. 6.75% Non-Cumulative Perpetual Preferred Stock, Series B | TURNER M TERRY | Director, Officer | SELL | $112.98 | 10,000 | $1,129,836 | 234,975 |
| 2025-02-27 20:20 | 2025-02-26 | LCNB | LCNB CORP | FOSTER STEVE P | Director | BUY | $14.70 | 1,000 | $14,700 | 45,049 |
| 2025-02-26 17:43 | 2025-02-25 | N/A | WILSON BANK HOLDING CO | Foster` John | Officer | BUY | $75.10 | 5 | $376 | 11,338 |
| 2025-02-26 17:27 | 2025-02-25 | N/A | WILSON BANK HOLDING CO | MCDEARMAN JOHN | Director, Officer | BUY | $75.10 | 33 | $2,478 | 19,911 |
| 2025-02-27 00:50 | 2025-02-24 | NIC | NICOLET BANKSHARES INC | ATWELL ROBERT BRUCE | Director | OPT+S | $117.65 | 3,102 | $364,953 | 33,816 |
| 2025-02-27 01:03 | 2025-02-24 | PNFP | Pinnacle Financial Partners, Inc. 6.75% Non-Cumulative Perpetual Preferred Stock, Series B | MCCABE ROBERT A JR | Director, Officer | SELL | $113.81 | 40,000 | $4,552,208 | 83,000 |
| 2025-02-25 22:10 | 2025-02-25 | CMTV | COMMUNITY BANCORP /VT | Caldwell Christopher L. | Director, Officer | BUY | $18.23 | 1,925 | $35,097 | 8,000 |
| 2025-02-26 03:07 | 2025-02-21 | WSFS | WSFS FINANCIAL CORP | LEVENSON RODGER | Officer | OPT+S | $55.20 | 7,199 | $397,386 | 142,780 |
| 2025-02-26 01:35 | 2025-02-24 | LARK | LANDMARK BANCORP INC | Kohlrus Mark J. | Director | BUY | $12,284.25 | 400 | $4,913,698 | 1,200 |
| 2025-02-26 02:24 | 2025-02-21 | UMBF | UMB FINANCIAL CORP | KEMPER J MARINER | Director, Officer | SELL | $108.61 | 3,500 | $380,129 | 334,347 |
Sector-Wide Insider Alpha
Analyzing insider movements across the National Commercial Banks sector provides a macro-view of executive conviction. When multiple leaders in different companies within the same SIC code (6021) simultaneously buy shares, it often indicates an industry-wide undervaluation or a positive shift in market cycles.
SEC Filings in National Commercial Banks
Every transaction in the National Commercial Banks industry is reported via Form 4 disclosures. By filtering these filings by industry, investors can detect institutional-scale sentiment shifts before they are reflected in broader market indices, following the capital flow of those with intimate industry knowledge.
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.