This mixed cluster is structurally noise: dollar amounts are trivial relative to market cap, no C-suite involvement, and the same-day sell cluster on Aug 3 suggests a shared liquidity event rather than informed selling. No trade action warranted.
Price Chart
Executive Summary
Two BHRB directors made open-market purchases totaling ~$76K while three directors sold ~$381K in a cluster window. Non-cash transactions (Barnwell, 91K shares) have zero economic signal. The net $305K selling amounts to only ~0.02% of market cap, well below the proportional materiality threshold. This is a routine mixed cluster — no material directional signal.
Key Financial Metrics
Key Facts
- Cluster of 5 directors: 2 buys (total ~$76K) and 3 sells (total ~$381K) over 4-day window.
- Total net dollar outflow is ~$305K, or 0.02% of BHRB's $1.5B market cap.
- Director Barnwell's 91,361-share 'Other' transaction is non-cash — no market signal.
- Sales occurred on the same day (Aug 3), suggesting shared blackout-window opening or routine liquidity planning, not coordinated bearish view.
- No C-suite executives participated — all trades are by directors, who carry weaker informational signal per the literature.
Financial Impact
Not specified
Risk Factors
- Insider sells could precede a routine quarterly earnings print — monitor 10-Q filing for any guidance changes.
- Directors selling in sync may signal personal portfolio rebalancing, but at this scale it does not move stock.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-BHRB-1786083702313 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 23, 2026 3d ago | 8-K/A | $70.81 | awaiting T+60 | — | $70.47 (−0.49%) |
Oct 22, 2026 5d ago | 8-K | $70.70 | awaiting T+60 | — | $70.47 (−0.33%) |
Oct 22, 2026 5d ago | Press Release | $70.70 | awaiting T+60 | — | $70.47 (−0.33%) |
Sep 30, 2026 27d ago | 424B5 | $68.60 | awaiting T+60 | — | $70.47 (+2.73%) |
Sep 28, 2026 29d ago | Press Release | $69.06 | awaiting T+60 | — | $70.47 (+2.04%) |
Sep 28, 2026 29d ago | 8-K | $69.06 | awaiting T+60 | — | $70.47 (+2.04%) |
Sep 28, 2026 29d ago | 424B5 | $69.06 | awaiting T+60 | — | $70.47 (+2.04%) |
Sep 18, 2026 5w ago | 8-K | $69.90 | awaiting T+60 | — | $70.47 (+0.82%) |
Aug 20, 2026 9w ago | Insider Cluster | $71.00 | awaiting T+60 | — | $70.47 (−0.75%) |
Aug 20, 2026 9w ago | Insider Cluster | $71.00 | awaiting T+60 | — | $70.47 (−0.75%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers