EVP Michael B Macy bought 1,000 EMYB shares at $21.45 amid 5-insider cluster buy; cross-ticker history shows 0% timing success on prior buys.
Michael B Macy, EVP, CLO Business Banking, purchased 1,000 shares at $21.45, bringing his holdings from 7.0K to 8.0K shares. This transaction occurs within a cluster pattern where 5 other insiders bought within the same 14-day window, suggesting coordinated or coincident appetite at current price levels. However, Macy's cross-ticker track record on open-market buys is cautionary: his 2 prior buys averaged -3.0% return over 30 days and -4.6% over 90 days, with a 0% win rate. At EMYB specifically, his prior buy on 2024-12-13 similarly returned -3.0% at 30 days and -4.6% at 90 days. The current price of $21.47 is -0.1% from the 52-week high of $21.50, and the stock has recovered +5.8% over 30 days and +7.7% over 90 days—suggesting Macy may be purchasing near cyclical strength rather than depressed entry points typical of contrarian insider signals.