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Insider Buy Cluster Buy September 13, 2024

Orbach David M purchased ~$272K in SR Bancorp, Inc. Common stock stock

SR Bancorp, Inc. Common stock (SRBK)  ·  Executive Chair  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

+20.4%

vs SPY +7.9%

SRBK price after insider trade by Orbach David M

Insider

Orbach David M

Role

Executive Chair

Transaction

Open-Market Purchase

Approx. Value

~$272K

Trade Date

Sep 13, 2024

Company

SR Bancorp, Inc. Common stock

Ticker

SRBK

Source

SEC EDGAR Form 4

Strong conviction signal

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

~$272K purchase

A meaningful investment of personal capital. The average insider purchase is around $150K, putting this in the typical range for serious positions.

Executive Chair

Corporate insiders must file trades with the SEC within 2 business days. Their unique access to non-public information makes these filings valuable data points.

3 insiders traded in the same window

When multiple insiders independently buy within 30 days, it's called a cluster. Studies show clustered insider purchases outperform solo trades significantly, because several people with inside knowledge are reaching the same conclusion.

+20.4% in 90 days (S&P 500: +7.9%)

This trade beat the S&P 500 by 12.6 percentage points over 90 days. We track performance on every insider trade so you can see who consistently outperforms.

OD

How good is Orbach David M at picking stocks?

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

See track record
3

Orbach David M wasn't the only one buying.

3 insiders at SR Bancorp, Inc. Common stock traded within the same 30-day window.

See who else bought · Free

On September 13, 2024, Orbach David M — Executive Chair of SR Bancorp, Inc. Common stock — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$272K in SR Bancorp, Inc. Common stock (SRBK) stock.

This transaction was part of a cluster — 3 insiders at SR Bancorp, Inc. Common stock made open-market purchases within the same 30-day window. Cluster activity from multiple independent insiders is one of the most studied patterns in insider trading research.

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, SRBK returned +20.4% versus +7.9% for the S&P 500 over the same period.

Full Conviction Analysis

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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 ~$272K
Insider role Executive Chair
Cluster 3 insiders
90-day return +20.4%
vs S&P 500 +12.6%

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 →

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