No actionable signal from this cluster. The CEO's $120K sale is small and could reflect routine portfolio rebalancing or tax planning. Monitor next 10-Q for credit quality trends, but this insider activity alone does not warrant any trading action. The CEO's remaining $194K in 30d prior sales also suggests a pattern of gradual liquidity selling, not informed bearishness.
Price Chart
Executive Summary
Two insiders at First Northern Community Bancorp (FNRN) — CEO Jeremiah Smith and Director Mark Schulze sold a combined ~$156K in open-market sales over a 7-day window ending May 15. The CEO's $120K sale is the dominant transaction; no insider buying occurred. At $290M market cap, the total represents ~0.05% of market cap — well below the 0.1% materiality threshold, making this a routine liquidity or diversification event despite the CEO involvement.
Key Financial Metrics
Key Facts
- CEO Jeremiah Smith Jeremiah sold 6,783 shares at ~$17. $17.69 for $120K on May 15.
- Director Schulze sold 2,000 shares at $17.79 for $36K on May 12.
- ${1 non-cash gift of 76 shares (~$1.3K) from Smith occurred on May 13.
- Total open-market sales = ~$157K, or ~0.05% of $290M market cap.
- No insider purchases in the 7-day window; no cluster buying.
- Recent 30-day insider activity shows $350K in total sales over 30 days.
- Calibration cross-filing amplifiers fire but the magnitude of trading is too small for amplification to change the score.
Financial Impact
Total insider sales of ~$156K in open-market transactions over 7 days — immaterial relative to $290M market cap
Risk Factors
- CEO selling is a non-zero signal but the dollar magnitude is too small to be informative.
- If FNRN were to report deteriorating loan quality or net interest margin compression, the past insider sales could be viewed in hindsight as prescient — but no such indicators are present in this filing.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-FNRN-1779141167930 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
May 18, 2026 23w ago | Insider Cluster | $17.55 $18.16 | ▲ +3.48% | ▲ +2.49% | $16.80 (−4.27%) |
May 4, 2026 25w ago | Insider Cluster | $17.04 $17.13 | ▲ +0.53% | ▼ −5.12% | $16.80 (−1.41%) |
US Market Status
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