1. Corporate Officers - K
2. Kailbourne Erland E

Insider Trading History of Kailbourne Erland E

The following table details the insider trading activities (stock purchases, stock sales, and stock option exercises) of Kailbourne Erland E since 2007. This trader's CIK number is 1085459. At the time of last reporting, Kailbourne Erland E was the Officer of Rand Capital Corp. (stock ticker symbol RAND). Also see all insider trading activities at Rand Capital Corp.

Note that in the past KAILBOURNE ERLAND E also reported insider trading activities as an insider of the following companies:

Yearly summary of insider trading at Rand Capital Corp (RAND) by Kailbourne Erland E

		Insider Buying		Insider Sales		Option Exercises
Year	Symbol	Shares	Value	Shares	Value	Shares	Value
2023	RAND	1,000	$13,680	0	$0	0	$0
2022	RAND	2,000	$31,410	0	$0	0	$0
2021	RAND	1,532	$25,952	0	$0	0	$0
2017	RAND	3,333	$10,565	0	$0	0	$0
2016	RAND	16,667	$50,001	0	$0	0	$0
2009	RAND	10,000	$34,200	0	$0	0	$0

Yearly summary of insider trading at Financial Institutions Inc (FISI) by Kailbourne Erland E

		Insider Buying		Insider Sales		Option Exercises
Year	Symbol	Shares	Value	Shares	Value	Shares	Value
2018	FISI	0	$0	0	$0	2,000	$38,000
2017	FISI	0	$0	0	$0	2,000	$39,460
2016	FISI	0	$0	0	$0	2,000	$39,400
2014	FISI	0	$0	0	$0	367	$7,582
2009	FISI	15,000	$69,200	0	$0	0	$0
2007	FISI	1,951	$34,204	0	$0	0	$0

Insider trading activities at 2 companies by Kailbourne Erland E:

1. Rand Capital Corp (RAND)

2. Financial Institutions Inc (FISI)

Table 1. Insider trading of Rand Capital Corp (RAND) by Kailbourne Erland E

Trade Date	Symbol	Trade Type	Shares	Price ($)	Value ($)
2023-03-13	RAND	Buy	1,000	13.68	13,680
2022-05-16	RAND	Buy	1,000	14.95	14,950
2022-03-14	RAND	Buy	1,000	16.46	16,460
2021-12-01	RAND	Buy	1,532	16.94	25,952
2017-01-18	RAND	Buy	3,333	3.17	10,565
2016-12-13	RAND	Buy	16,667	3.00	50,001
2009-09-01	RAND	Buy	10,000	3.42	34,200

Table 2. Insider trading of Financial Institutions Inc (FISI) by Kailbourne Erland E

Trade Date	Symbol	Trade Type	Shares	Price ($)	Value ($)
2018-05-03	FISI	Option Ex	2,000	19.00	38,000
2017-05-02	FISI	Option Ex	2,000	19.73	39,460
2016-05-02	FISI	Option Ex	2,000	19.70	39,400
2014-12-04	FISI	Option Ex	367	20.66	7,582
2009-02-26	FISI	Buy	5,000	3.60	18,000
2009-02-24	FISI	Buy	5,000	4.79	23,950
2009-02-20	FISI	Buy	5,000	5.45	27,250
2007-11-09	FISI	Buy	1,951	17.53	34,204

Insider trading activities including stock purchases, stock sales, and option exercises listed in the above table cannot be completely guaranteed as to their accuracy. For more information regarding the trades made by Kailbourne Erland E (Officer of Rand Capital Corp at the time of this reporting) see the Securities and Exchange Commission (SEC) website.

▪ Real-time Insider Trading

▪ Insider Officer Cluster Trading

▪ Top Officer Buys of the Week

▪ Top Officer Buys of the Month