Richer Tobin P sold ~$513K in KAR Auction Services, Inc. stock
KAR Auction Services, Inc. (KAR) · EVP Marketing & Communications · Data via SEC EDGAR Form 4
Price Performance · 10 days before → 90 days after trade
▲ = insider buy date
Chart not yet available
Price chart data is still being processed for this trade.
Trade Details · Public SEC Filing
Insider
Richer Tobin P
Role
EVP Marketing & Communications
Transaction
Open-Market Sale
Approx. Value
~$513K
Trade Date
May 6, 2026
Company
KAR Auction Services, Inc.
Ticker
KARSource
SEC EDGAR Form 4
Why This Trade Stands Out
Strong conviction signal
Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.
~$513K sale
A significant position. Insiders who invest $500K+ of their own money typically have strong views on their company's near-term outlook.
EVP Marketing & Communications
Senior executives have visibility into their division's pipeline and company health. Their trades carry weight because they understand the business from the inside.
How good is Richer Tobin P at picking stocks?
Full track record: win rate, average return, and performance vs S&P 500
On May 6, 2026, Richer Tobin P — EVP Marketing & Communications of KAR Auction Services, Inc. — filed a Form 4 with the SEC disclosing an open-market sale of approximately ~$513K in KAR Auction Services, Inc. (KAR) stock.
Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.
VeritySignals Conviction Analysis
Full Conviction Analysis
Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.
Get notified the next time Richer Tobin P trades
Free alerts · No credit card · Instant notification
All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.
At a Glance
More KAR Insider Activity
Coleman Charles S.
May 14, 2026
~$8.0M
STRONG
Coleman Charles S.
May 8, 2026
~$7.6M
STRONG
Coleman Charles S.
May 6, 2026
~$709K
STRONG
Coyle James P
Feb 20, 2026
~$2.5M
STRONG
How to Read Insider Trades
What is this?
When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.
Why does it matter?
Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.
What makes a trade "strong"?
We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.
Never miss a signal
Get notified when high-conviction insiders buy. Free account, no credit card.
Sign up free