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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2025-02-25 00:01 | 2025-02-24 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $62.35 | 6,000 | $374,100 | 195,939 |
| 2025-02-25 00:01 | 2025-02-24 | BHRB | Burke & Herbert Financial Services Corp. | McLaughlin Shawn Patrick | Director | BUY | $62.35 | 1,000 | $62,350 | 63,000 |
| 2025-02-24 22:24 | 2025-02-20 | HWBK | HAWTHORN BANCSHARES, INC. | Holtaway Jonathan | Director | SELL | $33.72 | 2,643 | $89,110 | 363,839 |
| 2025-02-24 22:00 | 2025-02-21 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | DEMCHAK WILLIAM S | Director, Officer | SELL | $192.45 | 1,242 | $239,023 | 571,025 |
| 2025-02-25 00:56 | 2025-02-21 | DCOM | Dime Community Bancshares, Inc. /NY/ | NIELSEN RAYMOND A | Director | SELL | $31.25 | 3,000 | $93,750 | 41,185 |
| 2025-02-24 22:37 | 2025-02-20 | SHBI | SHORE BANCSHARES INC | STEVENS DONNA J. | Officer | BUY | $15.85 | 315 | $4,993 | 1,815 |
| 2025-02-22 00:38 | 2025-02-21 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $62.50 | 2,000 | $125,000 | 189,939 |
| 2025-02-21 16:11 | 2025-02-20 | WBS | WEBSTER FINANCIAL CORP | CIULLA JOHN R | Director, Officer | SELL | $57.43 | 8,000 | $459,446 | 210,051 |
| 2025-02-22 00:55 | 2025-02-20 | LARK | LANDMARK BANCORP INC | Kohlrus Mark J. | Director | BUY | $25.00 | 200 | $5,000 | 800 |
| 2025-02-21 00:13 | 2024-11-08 | VLY | VALLEY NATIONAL BANCORP | BANK LEUMI LE ISRAEL BM | 10% owner | BUY | $9.35 | 1,000,000 | $9,350,000 | 72,861,862 |
| 2025-02-21 02:51 | 2025-02-20 | JPM | JPMORGAN CHASE & CO | Rohrbaugh Troy L | Officer | SELL | $269.84 | 37,500 | $10,118,869 | 158,381 |
| 2025-02-21 02:43 | 2025-02-20 | JPM | JPMORGAN CHASE & CO | Piepszak Jennifer | Officer | SELL | $269.85 | 4,273 | $1,153,078 | 54,469 |
| 2025-02-21 02:41 | 2025-02-20 | JPM | JPMORGAN CHASE & CO | Leopold Robin | Officer | SELL | $270.09 | 1,250 | $337,610 | 50,377 |
| 2025-02-20 19:16 | 2025-02-19 | FNB | FNB CORP/PA/ | MOTLEY DAVID L | Director | SELL | $15.51 | 15,000 | $232,586 | 65,344 |
| 2025-02-21 02:49 | 2025-02-20 | JPM | JPMORGAN CHASE & CO | Beer Lori A | Officer | SELL | $269.88 | 2,053 | $554,054 | 52,534 |
| 2025-02-21 00:57 | 2025-02-19 | WBS | WEBSTER FINANCIAL CORP | MORSE LAURENCE C | Director | SELL | $59.07 | 13,217 | $780,728 | 18,808 |
| 2025-02-20 16:46 | 2025-02-19 | NKSH | NATIONAL BANKSHARES INC | MILLER MARY G | Director | BUY | $28.62 | 49 | $1,402 | 7,000 |
| 2025-02-21 02:21 | 2025-02-20 | JPM | JPMORGAN CHASE & CO | DIMON JAMES | Director, Officer | SELL | $269.84 | 866,361 | $233,776,513 | 116,466 |
| 2025-02-21 00:12 | 2025-02-20 | FDBC | FIDELITY D & D BANCORP INC | MCDONALD MICHAEL J | Director, Officer | BUY | $45.00 | 1,000 | $45,000 | 170,627 |
| 2025-02-20 23:43 | 2025-02-14 | CBKM | CONSUMERS BANCORP INC /OH/ | Goris Bradley | Director | BUY | $19.25 | 1,000 | $19,250 | 20,808 |
| 2025-02-20 00:11 | 2025-02-14 | KEY | KEYCORP /NEW/ | Kidik Allyson M | Officer | OPT+S | $17.69 | 1,016 | $17,973 | 19,549 |
| 2025-02-20 00:40 | 2025-02-19 | BFC | Bank First Corp | Stayer-Suprick Michael S | Director | BUY | $102.07 | 1,000 | $102,070 | 3,035 |
| 2025-02-20 00:21 | 2025-02-18 | JPM | JPMORGAN CHASE & CO | Friedman Stacey | Officer | SELL | $278.34 | 3,303 | $919,371 | 44,317 |
| 2025-02-20 00:21 | 2025-02-18 | JPM | JPMORGAN CHASE & CO | Lake Marianne | Officer | SELL | $278.36 | 4,232 | $1,178,009 | 114,275 |
| 2025-02-20 00:21 | 2025-02-18 | JPM | JPMORGAN CHASE & CO | Petno Douglas B | Officer | SELL | $278.41 | 3,490 | $971,646 | 335,445 |
| 2025-02-20 00:21 | 2025-02-18 | JPM | JPMORGAN CHASE & CO | Erdoes Mary E. | Officer | SELL | $278.37 | 5,277 | $1,468,971 | 594,354 |
| 2025-02-20 01:14 | 2025-02-19 | TBBK | Bancorp, Inc. | Nager Jeffrey A | Officer | SELL | $60.17 | 10,000 | $601,665 | 98,274 |
| 2025-02-20 03:42 | 2025-02-18 | LARK | LANDMARK BANCORP INC | Kohlrus Mark J. | Director | BUY | $25.54 | 400 | $10,217 | 600 |
| 2025-02-20 00:38 | 2025-02-18 | ZION | ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | Smith Jennifer Anne | Officer | OPT+S | $56.47 | 22,673 | $1,280,276 | 29,313 |
| 2025-02-20 03:00 | 2025-02-14 | DCOM | Dime Community Bancshares, Inc. /NY/ | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | Director | BUY | $31.01 | 186 | $5,768 | 1,545 |
| 2025-02-19 00:28 | 2025-02-13 | C | CITIGROUP INC | KHALIQ SYED SHAHMIR | Officer | SELL | $81.70 | 30,000 | $2,451,126 | 104,328 |
| 2025-02-19 00:29 | 2025-02-13 | C | CITIGROUP INC | LUCHETTI GONZALO | Officer | SELL | $81.36 | 16,354 | $1,330,573 | 91,104 |
| 2025-02-19 00:30 | 2025-02-13 | C | CITIGROUP INC | McIntosh Brent | Officer | SELL | $81.22 | 20,000 | $1,624,454 | 113,839 |
| 2025-02-19 00:34 | 2025-02-13 | C | CITIGROUP INC | Selvakesari Anand | Officer | SELL | $81.10 | 30,000 | $2,433,147 | 229,180 |
| 2025-02-19 00:35 | 2025-02-14 | C | CITIGROUP INC | Skyler Edward | Officer | SELL | $82.41 | 35,545 | $2,929,263 | 204,727 |
| 2025-02-19 00:37 | 2025-02-13 | C | CITIGROUP INC | Wechter Sara | Officer | SELL | $81.01 | 15,125 | $1,225,284 | 109,780 |
| 2025-02-19 00:30 | 2025-02-14 | C | CITIGROUP INC | Mason Mark | Officer | SELL | $83.21 | 58,465 | $4,864,791 | 217,331 |
| 2025-02-19 01:18 | 2025-02-13 | KEY | KEYCORP /NEW/ | Gorman Christopher M. | Director, Officer | OPT+S | $17.46 | 57,736 | $1,008,071 | 799,718 |
| 2025-02-18 21:49 | 2025-02-14 | CHCO | CITY HOLDING CO | BUMGARNER DAVID L | Officer | SELL | $120.00 | 200 | $24,000 | 9,438 |
| 2025-02-18 21:42 | 2025-02-14 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | DEMCHAK WILLIAM S | Director, Officer | SELL | $196.14 | 1,242 | $243,606 | 526,269 |
| 2025-02-14 16:15 | 2025-02-13 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $63.75 | 5,000 | $318,736 | 187,939 |
| 2025-02-15 00:45 | 2025-02-12 | ZION | ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | STEPHENS STEVEN DAN | Officer | OPT+S | $55.71 | 10,000 | $557,120 | 45,847 |
| 2025-02-15 05:51 | 2025-02-12 | DCOM | Dime Community Bancshares, Inc. /NY/ | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | Director | SELL | $31.20 | 9,815 | $306,228 | 37,147 |
| 2025-02-15 05:51 | 2025-02-12 | DCOM | Dime Community Bancshares, Inc. /NY/ | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | Director | BUY | $31.30 | 316 | $9,891 | 1,359 |
| 2025-02-13 20:28 | 2025-02-12 | NIC | NICOLET BANKSHARES INC | ATWELL ROBERT BRUCE | Director | OPT+S | $118.08 | 3,975 | $469,368 | 30,317 |
| 2025-02-13 22:02 | 2025-02-10 | SFST | SOUTHERN FIRST BANCSHARES INC | Locke Anna T | Director | BUY | $37.01 | 360 | $13,324 | 2,582 |
| 2025-02-14 01:53 | 2025-02-12 | LARK | LANDMARK BANCORP INC | SCHEOPNER MICHAEL E | Director | SELL | $25.08 | 12,992 | $325,899 | 121,374 |
| 2025-02-12 21:26 | 2025-02-12 | CMTV | COMMUNITY BANCORP /VT | Martin Carol | Director | BUY | $17.75 | 625 | $11,094 | 10,130 |
| 2025-02-12 21:26 | 2025-02-10 | HWBK | HAWTHORN BANCSHARES, INC. | Holtaway Jonathan | Director | SELL | $32.91 | 2,798 | $92,081 | 366,482 |
| 2025-02-13 00:06 | 2025-02-10 | TBBK | Bancorp, Inc. | Terry Jennifer F | Officer | SELL | $60.30 | 3,798 | $229,004 | 14,783 |
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.