Home / Insider News / NRIM
Insider Buy New Position September 13, 2023

Nelson Krystal Murphy purchased ~$25K in Northrim BanCorp, Inc. stock

Northrim BanCorp, Inc. (NRIM)  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+35.1%

vs SPY +4.3%

NRIM price after insider trade by Nelson Krystal Murphy

Insider

Nelson Krystal Murphy

Role

Transaction

Open-Market Purchase

Approx. Value

~$25K

Trade Date

Sep 13, 2023

Company

Northrim BanCorp, Inc.

Ticker

NRIM

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$25K purchase

A personal investment by a corporate insider. Even smaller trades can be meaningful when combined with other factors like timing and role.

+35.1% in 90 days (S&P 500: +4.3%)

This trade beat the S&P 500 by 30.8 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.

NK

How good is Nelson Krystal Murphy at picking stocks?

Full track record: win rate, average return, and performance vs S&P 500

See track record

On September 13, 2023, Nelson Krystal Murphy — a corporate insider at Northrim BanCorp, Inc. — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$25K in Northrim BanCorp, Inc. (NRIM) 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.

In the 90 days following this trade, NRIM returned +35.1% versus +4.3% for the S&P 500 over the same period.

Full Conviction Analysis

Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.

Upgrade to Trader

Get notified the next time Nelson Krystal Murphy trades

Free alerts · No credit card · Instant notification

Set free alert

All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$25K
Insider role Insider
90-day return +35.1%
vs S&P 500 +30.8%

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.

Read our full methodology →

Never miss a signal

Get notified when high-conviction insiders buy. Free account, no credit card.

Sign up free