Insider trading filling SEC Form 4 statistical analysis

The overview represents results for last seven days for insider trading. The traders were tested with one-tailed statistical test. The test validate the distribution area for one value, the value is greater or less than the certain value. Testing the null hypothesis that the trading activities mean is equal to a specified value μ₀ with following expression: t = (x-μ₀)/(s/√n)

The overview we do one tailed tests. The goal is to identify if insider trading had statistical significance. If the inside tradings have statistical significance, then it could be mean, that the insider information advantage.

Person A BUY and SELL shares of one Company.
If A BUY a SHARE and in the following days the share price goes almost every time up.
If A SELL a SHARE and in the following days the share price goes almost every time down.
The hypothesis is then following: every time, when A do an action (BUY or SELL) then it has no significant influence on the expected value. Person A trades randomly and has no advantage information about the future price development.
Accept: Inside trader tradings are random
Reject: The tradings are are statistical significance Trader get positive trading for his actions.

CIK	Name	Last trading symbol	Last trading date	Last action	`t 1day`	`p 1day`	T-Test	#	`t 7day`	`p 7day`	T-Test	#	`t 14day`	`p 14day`	T-Test	#	`t 30day`	p`p 30day`	T-Test	#
1802461	Keenan Katharine A	BXMT	2022-09-30	SALE	`1.60`	`0.13`	Accept	`17`	`0.60`	`0.56`	Accept	`18`	`0.11`	`0.91`	Accept	`18`	`-0.24`	`0.81`	Accept	`16`
1250333	Zuk Nir	PANW	2022-10-03	SALE	`351.89`	`0.00`	Reject	`36`	`206.70`	`0.00`	Reject	`38`	`125.69`	`0.00`	Reject	`39`	`112.21`	`0.00`	Reject	`39`
1704214	Baker Richard W.	GNTY	2022-09-29	BUY	`-0.03`	`0.97`	Accept	`17`	`-0.92`	`0.37`	Accept	`14`	`-1.41`	`0.19`	Accept	`12`	`-1.84`	`0.10`	Accept	`9`
1760229	Brunn Carsten	SELB	2022-09-28	SALE	`2.35`	`0.04`	Reject	`12`	`0.89`	`0.39`	Accept	`12`	`1.35`	`0.21`	Accept	`11`	`1.29`	`0.22`	Accept	`11`
1187393	Gardner Jeffery R	CAMP	2022-09-27	BUY	`0.21`	`0.84`	Accept	`20`	`1.13`	`0.28`	Accept	`19`	`1.42`	`0.17`	Accept	`19`	`3.55`	`0.00`	Reject	`20`
1488774	Clifton R. Laduane	KMPH	2022-09-30	BUY	`29.75`	`0.00`	Reject	`8`	`23.88`	`0.00`	Reject	`8`	`12.57`	`0.00`	Reject	`8`	`9.17`	`0.00`	Reject	`7`
1447887	Bell Sandra	TIPT	2022-09-28	SALE	`-0.15`	`0.88`	Accept	`70`	`-1.56`	`0.12`	Accept	`66`	`-2.16`	`0.03`	Accept	`61`	`-4.48`	`0.00`	Accept	`56`
1376437	Wasson John	ICFI	2022-09-28	SALE	`-1.76`	`0.13`	Accept	`7`	`-0.93`	`0.40`	Accept	`6`	`-0.13`	`0.90`	Accept	`6`	`0.03`	`0.98`	Accept	`6`
1745851	Sk Energy Llc	PED	2022-09-29	BUY	`2.31`	`0.03`	Reject	`34`	`4.03`	`0.00`	Reject	`31`	`4.42`	`0.00`	Reject	`32`	`2.47`	`0.02`	Reject	`31`
1640309	Keenan Walter C	LFT	2022-09-28	BUY	`0.87`	`0.43`	Accept	`5`	`2.66`	`0.06`	Reject	`5`	`1.49`	`0.21`	Accept	`5`	`2.14`	`0.10`	Reject	`5`
1437795	Hodgson Curtis Drew	LEGH	2022-09-29	SALE	`2.05`	`0.04`	Reject	`159`	`2.26`	`0.03`	Reject	`158`	`0.68`	`0.50`	Accept	`157`	`0.41`	`0.68`	Accept	`155`
1623528	Smith Daniel Earl	CTO	2022-09-27	BUY	`-3.80`	`0.00`	Accept	`11`	`-3.32`	`0.01`	Accept	`8`	`-3.96`	`0.00`	Accept	`10`	`-2.78`	`0.02`	Accept	`11`
1576644	Lown Jay	CHMI	2022-09-29	BUY	`-2.71`	`0.05`	Accept	`5`	`-3.74`	`0.03`	Accept	`4`	`-2.58`	`0.06`	Accept	`5`	`-2.88`	`0.03`	Accept	`6`
1254631	Francis David	MMS	2022-09-30	SALE	`0.35`	`0.74`	Accept	`6`	`1.13`	`0.32`	Accept	`5`	`0.91`	`0.42`	Accept	`5`	`0.55`	`0.61`	Accept	`5`
1299455	Unterman Thomas	BL	2022-10-03	SALE	`-2.08`	`0.06`	Accept	`13`	`-0.45`	`0.66`	Accept	`13`	`0.86`	`0.41`	Accept	`13`	`-1.29`	`0.22`	Accept	`12`
1443340	Bancel Stephane	MRNA	2022-09-28	SALE	`-2.28`	`0.02`	Accept	`325`	`-3.04`	`0.00`	Accept	`324`	`-4.10`	`0.00`	Accept	`322`	`-5.42`	`0.00`	Accept	`319`
1611679	Rawlings Darryl	TRUP	2022-09-30	SALE	`-1.17`	`0.25`	Accept	`70`	`0.23`	`0.82`	Accept	`71`	`-1.48`	`0.14`	Accept	`72`	`-1.79`	`0.08`	Accept	`71`
1780556	Jakeman David	CMRX	2022-09-29	SALE	`0.17`	`0.87`	Accept	`6`	`-0.37`	`0.73`	Accept	`6`	`-0.37`	`0.72`	Accept	`6`	`0.42`	`0.69`	Accept	`6`
1834171	Gebbia Joseph	ABNB	2022-09-27	SALE	`-1.02`	`0.32`	Accept	`26`	`-1.26`	`0.22`	Accept	`26`	`-1.08`	`0.29`	Accept	`26`	`-1.03`	`0.31`	Accept	`25`
1180688	Kunkle Kim W	ASRV	2022-09-29	BUY	`3.46`	`0.00`	Reject	`28`	`4.23`	`0.00`	Reject	`24`	`2.40`	`0.02`	Reject	`24`	`2.83`	`0.01`	Reject	`24`
23795	Cto Realty Growth, Inc.	PINE	2022-09-27	BUY	`0.76`	`0.45`	Accept	`49`	`1.43`	`0.16`	Accept	`46`	`2.99`	`0.00`	Reject	`43`	`5.87`	`0.00`	Reject	`41`
1806920	Patel Snehal	GLSI	2022-09-29	BUY	`-1.09`	`0.29`	Accept	`19`	`-2.25`	`0.04`	Accept	`18`	`-2.12`	`0.05`	Accept	`18`	`0.71`	`0.49`	Accept	`18`
1856414	Larson Tina Marriott	RXRX	2022-09-29	SALE	`1.86`	`0.16`	Accept	`4`	`2.11`	`0.17`	Accept	`3`	`3.83`	`0.06`	Reject	`3`	`1.50`	`0.27`	Accept	`3`
1684056	Springer David	FTCI	2022-09-27	SALE	`1.29`	`0.42`	Accept	`2`	`1.49`	`0.38`	Accept	`2`	`0.24`	`0.85`	Accept	`2`	`0.20`	`0.87`	Accept	`2`
1857126	Arc Family Trust	FTCI	2022-09-27	SALE	`-0.51`	`0.61`	Accept	`51`	`-0.32`	`0.75`	Accept	`49`	`-1.25`	`0.22`	Accept	`47`	`-1.61`	`0.11`	Accept	`44`
1819126	Mccombs Jeff	UPWK	2022-09-29	SALE	`-0.36`	`0.73`	Accept	`7`	`-0.73`	`0.50`	Accept	`6`	`-0.17`	`0.87`	Accept	`6`	`-0.14`	`0.90`	Accept	`6`
1832163	Szulczewski Piotr	WISH	2022-10-03	SALE	`1.39`	`0.17`	Accept	`38`	`3.70`	`0.00`	Reject	`33`	`5.29`	`0.00`	Reject	`27`	`5.53`	`0.00`	Reject	`21`
1294693	Benioff Marc	CRM	2022-09-29	SALE	`1.10`	`0.27`	Accept	`250`	`0.93`	`0.35`	Accept	`246`	`1.38`	`0.17`	Accept	`241`	`2.33`	`0.02`	Reject	`230`
1882808	Jones Charles J.	BLZE	2022-10-03	SALE	`-0.64`	`0.53`	Accept	`98`	`0.08`	`0.94`	Accept	`94`	`-0.02`	`0.99`	Accept	`89`	`-0.53`	`0.60`	Accept	`78`
1423755	Kang Jin	WYY	2022-09-27	BUY	`-0.85`	`0.42`	Accept	`8`	`-3.04`	`0.02`	Accept	`7`	`-5.36`	`0.00`	Accept	`7`	`-5.28`	`0.00`	Accept	`7`
1858923	Nufire Timothy M	BLZE	2022-10-03	SALE	`-0.62`	`0.54`	Accept	`100`	`0.08`	`0.94`	Accept	`95`	`0.02`	`0.99`	Accept	`90`	`-0.24`	`0.81`	Accept	`81`
1276750	Kirske David	CTIC	2022-10-03	SALE	`-0.48`	`0.65`	Accept	`7`	`0.36`	`0.75`	Accept	`3`	`-1.42`	`0.29`	Accept	`3`	`-1.25`	`0.43`	Accept	`2`
1857850	Budman Gleb	BLZE	2022-10-03	SALE	`-0.58`	`0.56`	Accept	`100`	`0.10`	`0.92`	Accept	`95`	`0.02`	`0.98`	Accept	`90`	`-0.23`	`0.82`	Accept	`81`
1858921	Patchel Francis P	BLZE	2022-10-03	SALE	`-0.93`	`0.42`	Accept	`4`	`-0.84`	`0.46`	Accept	`4`	`-0.21`	`0.85`	Accept	`4`	`0.25`	`0.82`	Accept	`4`
1888935	Hyman Jonathan	BRZE	2022-09-29	SALE	`-0.12`	`0.91`	Accept	`7`	`-1.41`	`0.22`	Accept	`6`	`-2.34`	`0.07`	Accept	`6`	`-0.62`	`0.56`	Accept	`6`
1868945	Sever Clint	HLTH	2022-09-30	SALE	`0.48`	`0.63`	Accept	`19`	`-0.53`	`0.60`	Accept	`15`	`0.25`	`0.80`	Accept	`15`	`1.90`	`0.08`	Reject	`12`
1324069	Mansueto Joseph D	MORN	2022-09-27	SALE	`4.37`	`0.00`	Reject	`498`	`1.78`	`0.08`	Reject	`495`	`0.53`	`0.60`	Accept	`490`	`-2.46`	`0.01`	Accept	`472`
1238734	Walker John Kent	GOOG	2022-09-28	SALE	`3.26`	`0.02`	Reject	`6`	`3.82`	`0.02`	Reject	`5`	`4.01`	`0.02`	Reject	`5`	`4.54`	`0.01`	Reject	`5`
1882791	Ng Kwok Hang	BLZE	2022-10-03	SALE	`-0.67`	`0.51`	Accept	`98`	`0.06`	`0.95`	Accept	`94`	`-0.02`	`0.98`	Accept	`89`	`-0.53`	`0.60`	Accept	`78`
1790565	Baglino Andrew D	TSLA	2022-09-27	SALE	`20.36`	`0.00`	Reject	`44`	`22.02`	`0.00`	Reject	`43`	`21.57`	`0.00`	Reject	`43`	`27.07`	`0.00`	Reject	`42`
1946479	Harborne Christopher	ISSC	2022-09-27	BUY	`0.70`	`0.51`	Accept	`9`	`1.40`	`0.23`	Accept	`5`	`41.97`	`0.02`	Reject	`2`	`0.00`	`0.00`	0
1858925	Wilson Brian K	BLZE	2022-10-03	SALE	`-0.66`	`0.51`	Accept	`98`	`0.06`	`0.95`	Accept	`94`	`-0.02`	`0.98`	Accept	`89`	`-0.53`	`0.60`	Accept	`78`
1741850	Kreher Nerissa	TRDA	2022-09-28	SALE	`2.48`	`0.03`	Reject	`10`	`-2.12`	`0.08`	Accept	`7`	`-inf`	`0.00`	Accept	`5`	`0.00`	`0.00`	0
1949386	Bonanni Luciano B	FONR	2022-09-30	BUY	`9.17`	`0.00`	Reject	`4`	`0.00`	`0.00`	0		`0.00`	`0.00`	0		`0.00`	`0.00`	0
1684171	Acof Investment Management Llc	CCO	2022-09-27	BUY	`0.61`	`0.65`	Accept	`2`	`0.00`	`0.00`	0		`0.00`	`0.00`	0		`0.00`	`0.00`	0
1856024	Weipert Teresa	MMS	2022-09-30	SALE	`-4.72`	`0.13`	Accept	`2`	`0.00`	`0.00`	0		`0.00`	`0.00`	0		`0.00`	`0.00`	0
1949366	Damadian Timothy Raymond	FONR	2022-09-30	BUY	`6.59`	`0.01`	Reject	`4`	`0.00`	`0.00`	0		`0.00`	`0.00`	0		`0.00`	`0.00`	0
1271507	Wilentz Joel	UVE	2022-09-28	BUY	`4.01`	`0.16`	Accept	`2`	`0.00`	`0.00`	0		`0.00`	`0.00`	0		`0.00`	`0.00`	0
1796851	Dvorak International Ltd	CDXC	2022-09-30	BUY	`3.14`	`0.20`	Accept	`2`	`0.00`	`0.00`	0		`0.00`	`0.00`	0		`0.00`	`0.00`	0

Insider Trading Overview, one sample `t`-test

Latest rejected null hypothesis `t`-test is for insider Zuk Nir , latest action by insider was SALE on 2022-10-03 for symbol PANW.

Insider Trading Overview, one sample t-test

Latest rejected null hypothesis t-test is for insider Zuk Nir , latest action by insider was SALE on 2022-10-03 for symbol PANW.

Insider Trading Overview, one sample `t`-test

Latest rejected null hypothesis `t`-test is for insider Zuk Nir , latest action by insider was SALE on 2022-10-03 for symbol PANW.