Home / Insider News / AMR
Insider Sale Insider Sale March 1, 2024

Whitehead Jason E. sold ~$36M in Alpha Metallurgical Resources, Inc. stock

Alpha Metallurgical Resources, Inc. (AMR)  ·  President & COO  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

90-day return

-18.9%

vs SPY +2.2%

AMR price after insider trade by Whitehead Jason E.

Insider

Whitehead Jason E.

Role

President & COO

Transaction

Open-Market Sale

Approx. Value

~$36M

Trade Date

Mar 1, 2024

Company

Alpha Metallurgical Resources, Inc.

Ticker

AMR

Source

SEC EDGAR Form 4

Very Strong conviction signal

Scored in the top tier across multiple factors. Fewer than 5% of insider trades receive this rating.

~$36M sale

Trades over $1M are rare. When insiders put this much of their own money on the line, they tend to have high conviction in their company's direction.

President & COO

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.

-18.9% in 90 days (S&P 500: +2.2%)

This trade underperformed the S&P 500 by 21.1 percentage points. Not every insider trade wins. We track all of them so you can focus on the insiders with the best records.

WJ

How good is Whitehead Jason E. at picking stocks?

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

See track record
3

Whitehead Jason E. wasn't the only one selling.

3 insiders at Alpha Metallurgical Resources, Inc. traded within the same 30-day window.

See who else bought · Free

On March 1, 2024, Whitehead Jason E. — President & COO of Alpha Metallurgical Resources, Inc. — filed a Form 4 with the SEC disclosing an open-market sale of approximately ~$36M in Alpha Metallurgical Resources, Inc. (AMR) stock.

This transaction was part of a cluster — 3 insiders at Alpha Metallurgical Resources, Inc. made open-market sales 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, AMR returned -18.9% versus +2.2% for the S&P 500 over the same period.

Full Conviction Analysis

Sign up free to see signal strength details, or upgrade for the full 15-factor breakdown.

Upgrade to Trader

Get notified the next time Whitehead Jason E. trades

Free alerts · No credit card · Instant notification

Set free alert

All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Very Strong
Trade size ~$36M
Insider role President & COO
Cluster 3 insiders
90-day return -18.9%
vs S&P 500 -21.1%

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 →

Never miss a signal

Get notified when high-conviction insiders buy. Free account, no credit card.

Sign up free