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 |
|---|---|---|---|---|---|---|---|---|---|---|
| 2024-02-14 00:00 | 2024-02-09 | TBBK | Bancorp, Inc. | DeRowe Olek | Officer | SELL | $43.07 | 7,500 | $323,049 | 83,808 |
| 2024-02-14 04:44 | 2024-02-12 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | HANNON MICHAEL J | Officer | SELL | $148.82 | 3,000 | $446,465 | 36,570 |
| 2024-02-14 01:01 | 2024-02-12 | LCNB | LCNB CORP | Lawson Takeitha W | Director | BUY | $14.30 | 176 | $2,517 | 1,394 |
| 2024-02-13 14:50 | 2024-02-12 | LCNB | LCNB CORP | Bedinghaus Robert A. | Director | BUY | $14.36 | 1,000 | $14,360 | 47,533 |
| 2024-02-13 14:50 | 2024-02-09 | LCNB | LCNB CORP | Mulligan Lawrence P Jr. | Officer | BUY | $14.35 | 2,500 | $35,868 | 21,439 |
| 2024-02-13 03:56 | 2024-02-08 | SHBI | SHORE BANCSHARES INC | Jones David S. | Director | BUY | $11.00 | 10,000 | $110,002 | 37,192 |
| 2024-02-09 23:09 | 2024-02-07 | VABK | Virginia National Bankshares Corp | Rust Glenn W | Director, Officer | BUY | $29.02 | 685 | $19,878 | 49,538 |
| 2024-02-09 23:01 | 2024-02-07 | VABK | Virginia National Bankshares Corp | Wells Gregory L | Director | BUY | $29.66 | 910 | $26,991 | 14,125 |
| 2024-02-09 23:19 | 2024-02-08 | VABK | Virginia National Bankshares Corp | Keyser Jay B | Director | BUY | $29.25 | 500 | $14,625 | 3,033 |
| 2024-02-09 16:48 | 2024-02-08 | LCNB | LCNB CORP | Lawson Takeitha W | Director | BUY | $14.30 | 176 | $2,517 | 1,218 |
| 2024-02-09 16:41 | 2024-02-08 | LCNB | LCNB CORP | Mulligan Lawrence P Jr. | Officer | BUY | $14.30 | 2,500 | $35,760 | 18,939 |
| 2024-02-10 00:10 | 2024-02-09 | UMBF | UMB FINANCIAL CORP | Gallagher Kevin Charles | Director | SELL | $80.21 | 625 | $50,131 | 12,859 |
| 2024-02-08 22:01 | 2024-02-06 | BFC | Bank First Corp | Maples Phillip R | Director | BUY | $81.72 | 650 | $53,118 | 1,983 |
| 2024-02-08 22:00 | 2024-02-07 | UBFO | UNITED SECURITY BANCSHARES | WOODS DENNIS R | Director, Officer | BUY | $7.23 | 2,000 | $14,454 | 878,483 |
| 2024-02-08 16:40 | 2024-02-07 | LCNB | LCNB CORP | Meilstrup Eric J | Director, Officer | BUY | $13.68 | 800 | $10,942 | 32,551 |
| 2024-02-08 16:40 | 2024-02-06 | LCNB | LCNB CORP | Mulligan Lawrence P Jr. | Officer | BUY | $13.95 | 4,000 | $55,808 | 16,439 |
| 2024-02-08 16:40 | 2024-02-07 | LCNB | LCNB CORP | Miller Michael Robert | Officer | BUY | $13.75 | 1,000 | $13,749 | 16,810 |
| 2024-02-07 19:19 | 2024-02-06 | AROW | Arrow Financial Corporation | Wise Andrew J | Officer | BUY | $23.57 | 1,000 | $23,570 | 9,829 |
| 2024-02-07 23:42 | 2024-02-07 | AROW | Arrow Financial Corporation | DAKE GARY C | Director | BUY | $23.73 | 2,000 | $47,460 | 56,722 |
| 2024-02-08 01:13 | 2024-02-06 | UBFO | UNITED SECURITY BANCSHARES | ELLITHORPE G THOMPSON | Director | BUY | $0.00 | 0 | $0 | 77,221 |
| 2024-02-08 01:35 | 2024-02-06 | UBFO | UNITED SECURITY BANCSHARES | ELLITHORPE G THOMPSON | Director | BUY | $7.19 | 2,000 | $14,380 | 79,221 |
| 2024-02-07 20:14 | 2024-02-07 | ATLO | AMES NATIONAL CORP | LARSON JAMES R II | Director | BUY | $18.20 | 250 | $4,550 | 12,000 |
| 2024-02-08 01:16 | 2024-02-06 | ZION | ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | SIMMONS HARRIS H | Director, Officer | BUY | $38.99 | 3,600 | $140,350 | 1,261,866 |
| 2024-02-08 01:16 | 2024-02-06 | ZION | ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | ANDERSON A SCOTT | Officer | SELL | $39.24 | 832 | $32,649 | 0 |
| 2024-02-08 01:05 | 2024-02-07 | SMBK | SMARTFINANCIAL INC. | Welborn Wesley Miller | Director, Officer | BUY | $21.67 | 1,000 | $21,670 | 89,481 |
| 2024-02-07 21:01 | 2024-02-05 | SHBI | SHORE BANCSHARES INC | LAMON JOHN | Director | BUY | $11.00 | 579 | $6,366 | 57,123 |
| 2024-02-08 01:14 | 2024-02-07 | UMBF | UMB FINANCIAL CORP | Pauls John | Officer | SELL | $79.51 | 1,440 | $114,494 | 8,496 |
| 2024-02-06 23:51 | 2024-02-05 | NBTB | NBT BANCORP INC | Kingsley Scott Allen | Officer | BUY | $34.00 | 1,000 | $34,000 | 26,513 |
| 2024-02-07 00:00 | 2024-02-05 | TBBK | Bancorp, Inc. | Cohn Matthew | Director | BUY | $42.12 | 1,643 | $69,207 | 2,409 |
| 2024-02-06 23:39 | 2024-02-06 | ATLO | AMES NATIONAL CORP | LARSON JAMES R II | Director | BUY | $18.60 | 250 | $4,650 | 11,750 |
| 2024-02-06 03:53 | 2024-02-02 | FUNC | FIRST UNITED CORP/MD/ | Boal Brian R. | Director | BUY | $22.53 | 68 | $1,540 | 17,107 |
| 2024-02-06 03:50 | 2024-02-02 | FUNC | FIRST UNITED CORP/MD/ | Rush Jason Barry | Officer | BUY | $22.53 | 93 | $2,087 | 21,446 |
| 2024-02-06 03:46 | 2024-02-02 | FUNC | FIRST UNITED CORP/MD/ | Rodeheaver Carissa Lynn | Director, Officer | BUY | $22.44 | 204 | $4,574 | 41,767 |
| 2024-02-06 00:00 | 2024-02-01 | TBBK | Bancorp, Inc. | Cohn Matthew | Director | BUY | $42.58 | 9,880 | $420,686 | 151,757 |
| 2024-02-06 01:19 | 2024-02-05 | BOKF | BOK FINANCIAL CORP | BANGERT STEVEN | Director | SELL | $81.51 | 4,250 | $346,430 | 21,236 |
| 2024-02-05 18:27 | 2024-02-02 | ATLO | AMES NATIONAL CORP | LARSON JAMES R II | Director | BUY | $19.67 | 200 | $3,935 | 11,500 |
| 2024-02-06 00:27 | 2024-02-02 | UMBF | UMB FINANCIAL CORP | KEMPER J MARINER | Director, Officer | SELL | $83.10 | 3,500 | $290,837 | 252,114 |
| 2024-02-06 00:05 | 2024-02-01 | UMBF | UMB FINANCIAL CORP | Peterman Tamara | Director | BUY | $81.73 | 216 | $17,626 | 6,158 |
| 2024-02-06 00:03 | 2024-02-01 | UMBF | UMB FINANCIAL CORP | GRAVES GREG M | Director | BUY | $81.73 | 284 | $23,251 | 34,177 |
| 2024-02-05 23:53 | 2024-02-05 | CBKM | CONSUMERS BANCORP INC /OH/ | Lober Ralph J II | Director, Officer | BUY | $17.40 | 200 | $3,480 | 62,851 |
| 2024-02-02 01:24 | 2024-02-01 | BHRB | Burke & Herbert Financial Services Corp. | Barnwell Julian Forrest Jr. | Director | BUY | $57.82 | 5,663 | $327,459 | 82,083 |
| 2024-02-01 21:27 | 2024-02-01 | BHRB | Burke & Herbert Financial Services Corp. | McLaughlin Shawn Patrick | Director | BUY | $57.57 | 500 | $28,784 | 50,500 |
| 2024-02-02 01:23 | 2024-01-30 | HBAN | HUNTINGTON BANCSHARES INC /MD/ | Houston Helga | Officer | SELL | $13.17 | 28,700 | $378,005 | 568,222 |
| 2024-02-02 00:00 | 2024-01-31 | TBBK | Bancorp, Inc. | Cohn Matthew | Director | BUY | $45.16 | 2,288 | $103,318 | 149,106 |
| 2024-02-02 04:25 | 2024-01-31 | WABC | WESTAMERICA BANCORPORATION | PAYNE DAVID L | Director, Officer | SELL | $48.05 | 26,272 | $1,262,414 | 242,417 |
| 2024-02-02 01:04 | 2024-01-30 | USB | US BANCORP DE | DOLAN TERRANCE R | Officer | OPT+S | $43.37 | 26,583 | $1,153,011 | 144,236 |
| 2024-02-01 17:31 | 2024-01-31 | ATLO | AMES NATIONAL CORP | Cassabaum Michelle R | Director | BUY | $21.86 | 57 | $1,246 | 5,751 |
| 2024-02-02 02:13 | 2024-02-02 | HAFC | HANMI FINANCIAL CORP | SANTAROSA ROMOLO | Officer | BUY | $16.50 | 1,000 | $16,503 | 52,334 |
| 2024-02-02 02:39 | 2024-01-31 | DCOM | Dime Community Bancshares, Inc. /NY/ | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | Director, 10% owner | BUY | $23.00 | 27,068 | $622,564 | 494,874 |
| 2024-02-02 02:39 | 2024-01-31 | DCOM | Dime Community Bancshares, Inc. /NY/ | BASSWOOD CAPITAL MANAGEMENT, L.L.C. | Director, 10% owner | SELL | $22.98 | 27,068 | $622,023 | 1,010,678 |
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.