Worth a closer look
- Open-market purchase with their own money (Form 4 code P), not a grant or option exercise.
- Bought by the CEO, one of the two people with the fullest view of the company.
- 3 different insiders bought in the last 90 days.
- Similar past buys beat the S&P 500 52% of the time (221 cases), above the 46% for all buys.
Reasons for caution
- None found in the data.
What happened after this filing
Insider Twins: past buys with the same traits
3+ insiders buying · incl. CEO or CFO · $250K–$1M · stock down 20%+ in 3 months
RHP Mar 18, 2020 +155.5% vs S&PMARA Dec 30, 2022 +123.0% vs S&PLGVN Apr 12, 2024 +120.9% vs S&PASTI Oct 2, 2023 -62.0% vs S&PINTZ Nov 13, 2023 -61.9% vs S&PSMHI Mar 19, 2020 -61.0% vs S&PWhat we couldn't check
- Why they traded. Filings don't say, and we don't guess.
- Company news after the filing, and any private terms.
Ron Gusek (CEO) bought $377K of LBRT at about $15.09 on Nov 3, 2026, reported to the SEC on Nov 5, 2026. Buys like this beat the S&P 500 52% of the time since 2020, against 46% for all insider buys. We found 4 points that make it worth a closer look and 0 reasons for caution. History, not a prediction.
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Written by fixed rules from SEC filings and our measured history, not by an AI model. Public data only. History, not a prediction, and not investment advice.