Insider Trading Report: January 13, 2026 — 1 Purchase Signals Confidence, 0 Sales Across 4 Companies
Overview
On January 13, 2026, insiders filed 4 transactions across 4 unique companies, with a total value of $253K. The standout signal is 1 purchase and 0 sales, where purchases often reflect insider confidence in their company's future prospects.
The primary purchase occurred at ADC, a company with a $7.7B market cap, while secondary transactions included a notable disposition at GALT ($203M market cap). This activity spans various transaction types, but the absence of sales is noteworthy, as it avoids potential signals of concern or diversification.
Overall, these filings provide a snapshot of insider sentiment, with buying activity taking precedence as the most important indicator.
Primary Insider Transactions (Purchases & Sales)
Purchases and sales represent the most meaningful insider signals, as they directly reflect executives' willingness to increase or decrease their personal stakes in the company.
| Ticker | Insider | Title | Type | Value | Shares | Price | Market Cap | Filing Date |
|---|---|---|---|---|---|---|---|---|
| ADC | Coughenour Peter | officer: CHIEF FINANCIAL OFFIC | 🟢 Purchase | $35K | 500 | $69.80 | N/A | 2026-01-13 |
The sole primary transaction is a $35K purchase by ADC's Chief Financial Officer, Peter Coughenour, acquiring 500 shares at $69.80. This insider buying signals confidence from a key financial executive at a $7.7B market cap company. With no sales reported, there's no counter-signal of potential concerns, routine diversification, or profit-taking. Recent news for ADC includes dividend portfolio discussions and corporate updates, providing context around its REIT positioning.
Other Transactions (Awards, Options, etc.)
Secondary transactions like dispositions, awards, and others are typically less significant than direct purchases or sales, often tied to compensation, exercises, or administrative actions.
| Ticker | Insider | Type | Value | Filing Date |
|---|---|---|---|---|
| GALT | LEWIS JOEL | Disposition | $219K | 2026-01-13 |
| ARTNA | Rossi Salvatore J JR | Award | $0 | 2026-01-13 |
| MPB | Stewart Dana R | $0 | 2026-01-13 |
These include a $219K disposition by GALT's insider (noted as director and President/CEO in filings), alongside zero-value awards at ARTNA and an unspecified transaction at MPB.
Recent News
[ADC]
- If I Were Starting A Dividend Portfolio In 2026, Here's How I Would Invest (seekingalpha.com)
- Summit Therapeutics Announces Clinical Trial Collaboration with GSK to Evaluate Ivonescimab in Combination with GSK's B7-H3 Antibody Drug Conjugate (ADC) (businesswire.com)
- The Market Hates REITs - But You Can Collect A 5.5% Yield From These 3 While You Wait For The Turnaround (seekingalpha.com)
- ADC Therapeutics Provides Preliminary Fourth Quarter and Full Year 2025 Revenue and Cash Estimates and Recent Corporate Updates (prnewswire.com)
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of ADC Therapeutics SA - ADCT (prnewswire.com)
[GALT]
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Galectin Therapeutics Inc. - GALT (prnewswire.com)
- GALT Investors Have Opportunity to Join Galectin Therapeutics Inc. Fraud Investigation with the Schall Law Firm (globenewswire.com)
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of Galectin Therapeutics Inc. - GALT (globenewswire.com)
- INVESTOR ALERT: Pomerantz Law Firm Investigates Claims On Behalf of Investors of - GALT (prnewswire.com)
[MPB]
- Mid Penn Bank Hires Dana Stewart as Chief Operating Officer (businesswire.com)
- Mid Penn Bancorp, Inc. Completes Acquisition of Cumberland Advisors, Inc. (businesswire.com)
[ARTNA]
No recent headlines available.
What This Means
Insider purchases, like the one at ADC, are among the strongest signals of confidence, as executives put their own money into the stock, often betting on undervaluation or growth. The absence of sales further supports a positive tone, though insiders transact for many reasons including diversification, taxes, or planned gifting—context like role and size matters.
These reports are valuable data points for research but should never be the sole factor in decisions. Combine with fundamentals, technicals, and broader market trends. Track clusters over time for stronger patterns.
This is educational information based on public filings—not advice. Always consult professionals and review full SEC forms.
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