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Insider Trading: CORNERSTONE BANCORP/SC

Monthly summaries of insider trading activities (stock purchases, sales, and option exercises) reported by insiders of CORNERSTONE BANCORP/SC since year 2005 are given in the first table. The second table lists detailed insider transactions reported by CORNERSTONE BANCORP/SC since 2005. The reporting company's ticker symbol is CTOT.OB. The reporting company's CIK number is 1087455. The total value of stock buying during this period is $746,020. The total value of stock sales is $494,115. The total value of stock exercises is $248,129.

Figure 1. Monthly insider transaction values at CORNERSTONE BANCORP/SC (CTOT.OB) in the past 24 months. The trade values of insider stock buys, sales, and option exercises are in logarithmic scale as shown on the right axis labels. The detailed monthly and daily insider transactions are listed in the 2 tables below.

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • $394,815

    $39,481

    $3,948

    $394

  • Buy
  • Sale
  • Option Exercise

Figure 2. Average prices of insider buys, sales, and option exercises at CORNERSTONE BANCORP/SC (CTOT.OB) in the past 24 months. See table 2 for insider transaction details.

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2007

  • 02

  • 03

  • 04

  • 05

  • 06

  • 07

  • 08

  • 09

  • 10

  • 11

  • 12

  • 01 2008

  • 02

  • 03

  • 04

  • 05

  • $18.75

    $14.06

    $9.38

    $4.69



Table 1. Monthly summaries of insider stock purchases, sales, and option exercises for CORNERSTONE BANCORP/SC (CTOT.OB).
Trading Period
year-month  
Insider Buying     
Shares               Value ($)
Insider Sales     
Shares               Value ($)
Option Exercises     
Shares               Value ($)
2008-04 6,000 93,000 6,000 93,000 0 0
2008-03 21,963 340,426 25,472 394,815 8,396 92,397
2007-12 0 0 200 3,100 10,729 75,763
2007-11 0 0 0 0 7,086 39,965
2007-04 3,220 60,375 0 0 0 0
2007-03 18,575 250,019 0 0 0 0
2007-02 0 0 0 0 6,442 40,004
2006-12 0 0 200 3,200 0 0
2006-08 160 2,200 0 0 0 0

Table 2. Detailed insider stock purchases, sales, and option exercises for CORNERSTONE BANCORP/SC (CTOT.OB)
  Trade Date   Insider Name Trade Type     Shares       Price ($)   Value ($)
2008-04-01 Garvin Ben L (Secretary, retired 3/31/08) Sale 6,000 15.50 93,000
2008-04-01 Childress T Edward Iii (Chairman) Purchase 6,000 15.50 93,000
2008-03-25 Garvin Ben L (Secretary) Sale 8,396 15.50 130,138
2008-03-25 Childress T Edward Iii (Director) Purchase 8,396 15.50 130,138
2008-03-14 Garvin Ben L (Secretary) Option Exercise 8,396 11.00 92,397
2008-03-13 Garvin Ben L (SECRETARY) Sale 3,509 15.50 54,389
2008-03-10 Anthony John Rodger (Chief Executive Officer) Purchase 2,963 15.50 45,926
2008-03-10 Garvin Ben L (SECRETARY) Sale 2,963 15.50 45,926
2008-03-04 Garvin Ben L (Secretary) Sale 10,604 15.50 164,362
2008-03-04 Childress T Edward Iii (Director) Purchase 10,604 15.50 164,362
2007-12-13 Hendricks S Ervin Jr (Director) Sale 200 15.50 3,100
2007-12-07 Childress T Edward Iii (Director) Option Exercise 3,643 9.83 35,798
2007-12-05 Warren John M Jr (Director) Option Exercise 7,086 5.64 39,965
2007-11-19 Wike George I Jr (Director) Option Exercise 7,086 5.64 39,965
2007-04-19 Childress T Edward Iii (Director) Purchase 3,220 18.75 60,375
2007-03-22 Childress T Edward Iii (Director) Purchase 18,575 13.46 250,019
2007-02-14 Childress T Edward Iii (Director) Option Exercise 6,442 6.21 40,004
2006-12-11 Hendricks S Ervin Jr (Director) Sale 200 16.00 3,200
2006-08-30 Champagne Jennifer M (Chief Financial Officer) Purchase 160 13.75 2,200

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above tables cannot be completely guaranteed as to their accuracy. For more insider trading information of CORNERSTONE BANCORP/SC (symbol CTOT.OB, CIK number 1087455) see the Securities and Exchange Commission (SEC) website.

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