Insiders Are Still Running for Bank Shares

JC Parets
May 5, 2023

The insider “run” on regional bank shares continues, with Form 4s from nine more directors and executives from boardrooms and C-suites in that troubled sector leading today’s Hot List:

  • Stellar Bancorp Inc $STEL
  • NBT Bancorp Inc $NBTB
  • Byline Bancorp $BY
  • KeyCorp $KEY
  • Texas Capital Bancshares $TCBI
  • Synovus Financial Corp $SNV
  • German American Bancorp $GABC
  • Cullen/Frost Bankers $CFR
  • TFS Financial Corporation $TFSL

Elsewhere, director Mark Malcolm revealed a purchase of 4,700 shares of General Dynamics Corporation $GD.

Here’s The Hot List, with data through May 4, 2023:

In another Form 4, Peter J. Nolan, director at Activision Blizzard $ATVI reported a purchase of $1 million in his own company's stock.

Have a great weekend. We'll be back on Monday with more insider activity.

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All Star Charts Team

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