Introduction

This page provides a comprehensive analysis of the known insider trading history of Thomas J Fontaine. Insiders are officers, directors, or significant investors in a company. It is illegal for insiders to make trades in their companies based on specific, non-public information. This does not mean it is illegal for them to make any trades in their own companies. However, they must report all trades to the SEC via a Form 4. Despite these restrictions, academic research suggests that insiders - in general - tend to outperform the market in their own companies.

Average Trade Profitability

The average trade profitability is the average return of all the open market purchases made by the insider in the last three years. To calculate this, we examine every open-market, unplanned purchase made by the insider, excluding all trades that were marked as part of a 10b5-1 trading plan. We then calculate the average performance of those trades over 3, 6, and 12 months, averaging each of those durations to generate a final performance metric for each trade. Finally, we average all of the performance metrics to calculate a performance metric for the insider. This list only includes insiders that have made at least three trades in the last two years.

If this insiders trade profitability is "N/A", then the insider either has not made any open-market purchases in the last three years, or the trades they’ve made are too recent to calculate a reliable performance metric.

Update Frequency: Daily

See the list of most profitable insider traders.

Companies with Reported Insider Positions

The SEC filings indicate Thomas J Fontaine has reported holdings or trades in the following companies:

Security Title Latest Reported Holdings
US:CATC / Cambridge Bancorp Chief Banking Officer, Director 15,374
US:WEBK / Wellesley Bancorp, Inc. President & CEO, Director 0
How to Interpret the Charts

The following charts show the stock performance of securities subsequent to each open-market, non-planned trade made by Thomas J Fontaine. Non-planned trade are trades that were not made as part of a 10b5-1 trading plan. The stock performance is charted as cumulative percent change in share price. For example, if an insider trade was made on January 1, 2019, the chart will show the daily percent change of the security to the present day. If the share price were to go from $10 to $15 during this time, the cumulative percent change in share price would be 50%. A change in price from $10 to $20 would be 100%, and a change in price of $10 to $5 would be -50%.

Ultimately, we are trying to determine how closely the insider’s trades correlate to excess returns (positive or negative) in the share price in order to see if the insider is timing their trades to profit from insider information. Consider the situation where an insider was doing this. In this situation, we would expect either (a) positive returns after purchases, or (b) negative returns after sales. In the case of (a), the PURCHASE chart would show a series of upwardly sloping curves, indicating positive returns after each purchase transaction. In the case of (b), the SALE chart would show a series of downward sloping curves, indicating negative returns after each sale transaction.

However, this alone is not enough to draw conclusions. If, for example, the share price of the company was in a non-cyclical climb over many years, then we would expect all the post-purchase plots to be upwardly sloping. Likewise, non-cyclical declines over many years would result in downward sloping post-trade plots. Neither of these charts would suggest insider trading activity.

The strongest indicator would be a situation where the share price was extremely cyclical, and there were both positive signals in the PURCHASE chart and negative plots on the SALE chart. This situation would be highly suggestive of an insider that was timing trades to their financial advantage.

Insider Trading History

This table shows the complete list of insider trades made by Thomas J Fontaine as disclosed to the Securities Exchange Commission (SEC).

File Date Tran Date Form Ticker Security Code 10b5-1 Shares Remaining Shares Percent
Change
Share
Price
Tran
Value
Remaining
Value
2023-01-04 2022-12-31 4 CATC CAMBRIDGE BANCORP
Common Stock
F - Taxes -194 15,374 -1.25
2023-01-04 2022-12-31 4 CATC CAMBRIDGE BANCORP
Common Stock
D - Sale to Issuer -1,350 15,568 -7.98
2022-02-17 2022-02-15 4 CATC CAMBRIDGE BANCORP
Common Stock
A - Award 1,276 15,990 8.67
2022-02-17 2022-02-15 4 CATC CAMBRIDGE BANCORP
Common Stock
F - Taxes -108 14,714 -0.73 88.18 -9,523 1,297,481
2021-03-17 2021-03-17 4 CATC CAMBRIDGE BANCORP
Common Stock
G - Gift -29 0 -100.00
2021-03-17 2021-03-17 4 CATC CAMBRIDGE BANCORP
Common Stock
G - Gift -29 0 -100.00
2021-02-17 2021-02-15 4 CATC CAMBRIDGE BANCORP
Common Stock
A - Award 1,099 14,822 8.01 76.77 84,370 1,137,885
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
41,305
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
29,612
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
30,192
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
27,611
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
27,611
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
35,081
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
29,244
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
41,305
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
29,612
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
30,192
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
27,611
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
27,611
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
35,081
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
29,244
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
41,305
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
29,612
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
30,192
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
27,611
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
27,611
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
35,081
2020-06-09 3 CATC CAMBRIDGE BANCORP
Common Stock
29,244
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Stock Options (right to buy)
D - Sale to Issuer -16,285 0 -100.00
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
D - Sale to Issuer -4,500 0 -100.00
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
D - Sale to Issuer -3,500 0 -100.00
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
D - Sale to Issuer -2,666 0 -100.00
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
D - Sale to Issuer -2,867 0 -100.00
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
D - Sale to Issuer -50 0 -100.00
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
D - Sale to Issuer -50 0 -100.00
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
D - Sale to Issuer -12,932 0 -100.00
2020-06-02 2020-06-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
D - Sale to Issuer -21,779 0 -100.00
2020-01-09 2020-01-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
F - Taxes -470 21,779 -2.11 44.85 -21,080 976,788
2019-12-18 2019-12-16 4 WEBK Wellesley Bancorp, Inc.
Stock Options (right to buy)
M - Exercise -13,804 16,285 -45.88
2019-12-18 2019-12-16 4 WEBK Wellesley Bancorp, Inc.
Common Stock
M - Exercise 13,804 28,027 97.05 15.35 211,891 430,214
2019-01-03 2019-01-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
A - Award 4,000 4,000
2018-11-23 2018-11-16 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -1,475 14,223 -9.40 30.50 -44,988 433,802
2018-11-23 2018-11-16 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -500 15,698 -3.09 31.35 -15,675 492,132
2018-11-06 2018-11-02 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -25 16,198 -0.15 32.00 -800 518,336
2018-10-12 2018-10-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
F - Taxes -1,000 16,223 -5.81 34.00 -34,000 551,582
2018-08-13 2018-08-13 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -735 14,223 -4.91 33.25 -24,439 472,915
2018-08-13 2018-08-13 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -245 14,958 -1.61 33.26 -8,149 497,503
2018-08-13 2018-08-09 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -20 15,203 -0.13 33.75 -675 513,101
2018-02-12 2017-10-02 4 WEBK Wellesley Bancorp, Inc.
Common Stock
A - Award 3,000 3,000
2017-12-20 2017-10-02 4 WEBK Wellesley Bancorp, Inc.
Common Stock
F - Taxes -1,600 17,222 -8.50 27.00 -43,200 464,994
2017-12-01 2017-12-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -650 16,823 -3.72 27.82 -18,083 468,016
2017-12-01 2017-11-30 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -100 17,473 -0.57 27.80 -2,780 485,749
2017-12-01 2017-11-29 4 WEBK Wellesley Bancorp, Inc.
Common Stock
S - Sale -1,249 17,573 -6.64 27.80 -34,722 488,529
2016-10-04 2016-10-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
F - Taxes -1,550 14,007 -9.96 21.94 -34,007 307,314
2016-03-11 2015-10-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
F - Taxes -1,700 10,743 -13.66 19.14 -32,538 205,621
2014-11-06 2014-10-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
F - Taxes -1,900 7,628 -19.94 19.00 -36,100 144,932
2014-11-06 2013-10-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
F - Taxes -1,600 4,714 -25.34 17.45 -27,920 82,259
2012-10-03 2012-10-01 4 WEBK Wellesley Bancorp, Inc.
Stock Options (right to buy)
A - Award 60,179 60,179
2012-10-03 2012-10-01 4 WEBK Wellesley Bancorp, Inc.
Common Stock
A - Award 24,072 24,072
2012-01-26 2012-01-25 4 WEBK Wellesley Bancorp, Inc.
Common Stock
P - Purchase 4,500 4,500 10.00 45,000 45,000
2012-01-26 2012-01-25 4 WEBK Wellesley Bancorp, Inc.
Common Stock
P - Purchase 3,500 3,500 10.00 35,000 35,000
2012-01-26 2012-01-25 4 WEBK Wellesley Bancorp, Inc.
Common Stock
P - Purchase 50 50 10.00 500 500
2012-01-26 2012-01-25 4 WEBK Wellesley Bancorp, Inc.
Common Stock
P - Purchase 50 50 10.00 500 500
2012-01-26 2012-01-25 4 WEBK Wellesley Bancorp, Inc.
Common Stock
P - Purchase 24,198 24,198 10.00 241,980 241,980
2012-01-26 2012-01-25 4 WEBK Wellesley Bancorp, Inc.
Common Stock
P - Purchase 1,500 1,500 10.00 15,000 15,000
P
Open market or private purchase of non-derivative or derivative security
S
Open market or private sale of non-derivative or derivative security
A
Grant, award, or other acquisition of securities from the company (such as an option)
C
Conversion of derivative
D
Sale or transfer of securities back to the company
F
Payment of exercise price or tax liability using portion of securities received from the company
G
Gift of securities by or to the insider
K
Equity swaps and similar hedging transactions
M
Exercise or conversion of derivative security received from the company (such as an option)
V
A transaction voluntarily reported on Form 4
J
Other (accompanied by a footnote describing the transaction)