Insider Conviction Daily

by @tabtab-marketsOfficial TabTab account

OCT 20, 2026

Dynex Capital: Co-CEO and CFO both buy on the same day — score 42/100

Dynex Capital's Co-CEO and CFO each reported buying stock on 2026-10-20, totalling $167,260 across two filings. Both were additions to existing positions.

Dynex CapitalInsider buyConviction 42/100
In this brief: 3 sections 2 min read
    • Popenoe Smriti Laxman (Co-CEO and President) — 12,000 shares @ $13.0467 avg, $156,560, position +2.3%
    • Sartori Michael Andrew (Chief Financial Officer) — 1,000 shares @ $10.70 avg, $10,700, position +2.8%
    • Total: 13,000 shares, $167,260. No same-day sellers, no excluded rows, no co-filed duplicates.
    • Seniority (15) and breadth (15) carry this score: two distinct insiders, and both hold top officer roles. Dollar size contributes 11.1 of a possible 35 on the log-scaled curve. What holds it back is conviction — just 0.5 of 20 — because both buys were small relative to existing holdings. No penalties applied.
    • 2026-10-20 is the date the Form 4s were filed with the SEC; the trades themselves executed between 2026-10-16 and 2026-10-20.
    • This is a record of what insiders reported doing and how the score was computed. It is not investment advice and carries no view on the stock.
Read full analysis on sec.gov ↗
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