Insider Clusters

High-Conviction Executive Convergence

Cluster Signal Definition

An Insider Cluster is identified when at least 3 distinct corporate insiders transact in the same direction within a 7-day window. This minimizes noise and highlights boardroom sentiment.

Date

Ticker

Company Name

Industry

Exch

Type

Insiders

Total Vol, $

Details

2025-11-19

ARX

Accelerant Holdings

Insurance Agents, Brokers & Service

NYSE

BUY

$1,878,885

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-14	RADKE JEFFREY L	Co-Founder, CEO	$13.48	74,110	28,261,939	+0.3%
2025-11-17	Sternberg Matthew David	COO, Risk Exchange	$13.10	5,700	157,964	+3.7%
2025-11-18	ONeill Francis James	Co-Founder, Chief U/W Officer	$13.34	38,000	7,235,125	+0.5%
2025-11-19	Gaynor Samuel		$13.44	7,500	7,500	+100.0%
2025-11-19	Lee-Smith Christopher	Co-Founder, Head of Distrib.	$13.42	14,700	17,655,379	+0.1%

2025-12-11

SVCO

Silvaco Group, Inc.

Services-Prepackaged Software

NASDAQ

BUY

$197,986

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-08	Zegarelli Christopher John	Chief Financial Officer	$3.80	10,000	439,407	+2.3%
2025-12-09	RHINES WALDEN C	Chief Executive Officer	$4.01	13,100	105,918	+14.1%
2025-12-10	Ngai-Pesic Katherine S.		$4.13	25,000	10,303,886	+0.2%
2025-12-11	Ngai Anthony K.K.		$4.23	1,000	91,777	+1.1%

2025-11-18

SVCO

Silvaco Group, Inc.

Services-Prepackaged Software

NASDAQ

BUY

$224,256

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-17	RHINES WALDEN C	Chief Executive Officer	$3.90	11,272	63,818	+21.5%
2025-11-17	Zegarelli Christopher John	Chief Financial Officer	$3.91	5,000	429,407	+1.2%
2025-11-18	RHINES WALDEN C	Chief Executive Officer	$4.07	29,000	92,818	+45.4%
2025-11-18	Ngai Anthony K.K.		$4.26	10,000	90,777	+12.4%

2025-11-21

TRDA

Entrada Therapeutics, Inc.

Pharmaceutical Preparations

Nasdaq

SELL

$3,608,932

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-14	5AM Ventures V, L.P.		$8.80	200,000	2,963,066	-6.3%
2025-11-14	PARMAR KUSH		$8.80	200,000	2,963,066	-6.3%
2025-11-21	WENTWORTH KORY JAMES	Chief Financial Officer	$9.98	8,910	110,026	-7.5%

2025-11-24

UUUU

ENERGY FUELS INC

Mining & Quarrying of Nonmetallic Minerals (No Fuels)

NYSE

SELL

$5,489,447

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-17	HIGGS DENNIS LYLE		$15.27	25,917	192,964	-11.8%
2025-11-17	Morrison Alex G		$15.20	38,739	149,747	-20.6%
2025-11-17	Moore Curtis	Senior VP, Marketing &	$15.58	25,000	119,193	-17.3%
2025-11-19	Chalmers Mark	CEO	$15.60	150,000	911,343	-14.1%
2025-11-20	CARSTENS TIMOTHY JAMES	EVP, Heavy Minerals Sands Ops	$14.27	100,000	167,029	-37.4%
2025-11-24	HIGGS DENNIS LYLE		$13.92	25,000	167,964	-13.0%

2025-11-28

CWBC

Community West Bancshares

State Commercial Banks

NASDAQ

BUY

$12,165

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-28	Plourd Martin E	PRESIDENT	$19.19	316	112,754	+0.3%
2025-11-28	MARTIN JEFFREY MICHAEL	EXECUTIVE VICE PRESIDENT	$19.19	75	24,411	+0.3%
2025-11-28	LIVINGSTON SHANNON R	EXECUTIVE VICE PRESIDENT	$19.19	84	21,382	+0.4%
2025-11-28	CAGLE DAWN M	EXECUTIVE VICE PRESIDENT	$19.19	159	13,373	+1.2%

2025-12-03

GRAL

GRAIL, Inc.

Services-Medical Laboratories

Nasdaq

SELL

$7,588,354

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-03	RAGUSA ROBERT P	Chief Executive Officer	$95.24	40,000	688,029	-5.5%
2025-12-03	Freidin Aaron	Chief Financial Officer	$99.15	25,000	259,077	-8.8%
2025-12-03	Ofman Joshua J.	President	$100.00	13,000	368,818	-3.4%

2025-11-19

Ampco-Pittsburgh Corporation

Pumps & Pumping Equipment

NYSE

BUY

$388,670

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-17	GERMAN MICHAEL I	$2.65	40,000	221,670	+22.0%
2025-11-17	McNair Darrell L	$2.68	10,000	60,912	+19.6%
2025-11-19	McNair Darrell L	$2.52	3,000	63,912	+4.9%
2025-11-17	Louis Berkman Investment CO	$2.67	93,000	3,127,792	+3.1%

2025-11-17

AEE

Ameren Corporation

Electric & Other Services Combined

NYSE

SELL

$637,842

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-14	HARSHMAN RICHARD J		$104.90	2,500	20,378	-10.9%
2025-11-17	Flores Rafael		$105.21	225	14,173	-1.6%
2025-11-14	Shaw Theresa A	SVP, Finance and CAO	$104.77	325	32,942	-1.0%
2025-11-14	Smith Patrick E	SVP of Subsidiary	$104.80	2,404	15,077	-13.8%
2025-11-17	Flores Rafael		$105.32	626	13,772	-4.3%

2025-11-21

AEBI

Aebi Schmidt Holding AG

Construction Machinery & Equip

NASDAQ

BUY

$180,250

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-14	Portmann Marco	Chief Financial Officer	$11.20	5,000	25,000	+25.0%
2025-11-17	Schenkirsch Thomas	Chief Group Services	$10.90	6,500	104,530	+6.6%
2025-11-21	Schewerda Steffen	Pres Vehicle Soln & CEO NA	$10.68	5,000	70,375	+7.6%

2025-11-21

SKYT

SkyWater Technology, Inc

Semiconductors & Related Devices

Nasdaq

SELL

$6,915,839

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-13	Unterseher Loren A		$17.93	14,200	4,797,056	-0.3%
2025-11-14	SONDERMAN THOMAS	CEO	$17.00	5,207	526,967	-1.0%
2025-11-14	Manko Steve	CFO	$17.40	50,000	277,122	-15.3%
2025-11-18	Unterseher Loren A		$16.26	9,662	4,787,394	-0.2%
2025-11-21	SONDERMAN THOMAS	CEO	$13.38	5,210	521,757	-1.0%
2025-11-21	Unterseher Loren A		$14.33	200,000	6,711,256	-2.9%
2025-11-21	Unterseher Loren A		$14.33	200,000	4,587,394	-4.2%

2025-12-10

CFLT

Confluent, Inc.

Services-Prepackaged Software

Nasdaq

SELL

$3,964,213

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Sivaram Rohan	CHIEF FINANCIAL OFFICER	$22.12	8,000	591,738	-1.3%
2025-12-08	Vishria Eric		$29.84	15,476	1,077,018	-1.4%
2025-12-08	Volpi Michelangelo		$29.77	50,000	180,512	-21.7%
2025-12-08	Sivaram Rohan	CHIEF FINANCIAL OFFICER	$29.84	3,000	588,738	-0.5%
2025-12-08	Phan Kong	Chief Accounting Officer	$29.84	3,841	225,050	-1.7%
2025-12-08	Mac Ban Ryan Norris	Chief Revenue Officer	$29.77	44,114	336,950	-11.6%
2025-12-10	Vishria Eric		$30.00	15,476	1,061,542	-1.4%
2025-12-10	Caimi Lara		$30.00	1,074	11,524	-8.5%

2025-11-20

CFLT

Confluent, Inc.

Services-Prepackaged Software

Nasdaq

SELL

$7,288,465

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-13	Kreps Edward Jay	CHIEF EXECUTIVE OFFICER	$23.53	232,500	377,074	-38.1%
2025-11-20	Kreps Edward Jay	CHIEF EXECUTIVE OFFICER	$22.20	37,707	339,367	-10.0%
2025-11-20	Sivaram Rohan	CHIEF FINANCIAL OFFICER	$22.51	25,858	599,738	-4.1%
2025-11-20	Phan Kong	Chief Accounting Officer	$22.51	2,640	228,891	-1.1%
2025-11-20	Mac Ban Ryan Norris	Chief Revenue Officer	$22.51	15,062	381,064	-3.8%

2025-11-20

CRCL

Circle Internet Group, Inc.

Finance Services

NYSE

SELL

$30,838,883

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-13	Date Rajeev V	$84.23	290,967	127,247	-69.6%
2025-11-13	Ostling Danita K	$84.69	2,662	26,290	-9.2%
2025-11-13	Neville Patrick Sean	$85.05	33,569	33,568	-50.0%
2025-11-17	Date Rajeev V	$75.62	36,401	0	-100.0%
2025-11-20	Date Rajeev V	$70.90	7,000	15,000	-31.8%

2025-11-17

TNYA

Tenaya Therapeutics, Inc.

Biological Products, (No Diagnostic Substances)

NASDAQ

SELL

$9,802

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-17	Ali Faraz	Chief Executive Officer	$1.33	3,126	299,666	-1.0%
2025-11-17	Tingley Whittemore	Chief Medical Officer	$1.33	2,877	169,926	-1.7%
2025-11-17	Higa Tomohiro	SVP, Finance	$1.33	1,367	93,971	-1.4%

2025-11-17

INSW

International Seaways, Inc.

Water Transportation

NYSE

SELL

$1,421,164

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-10	Solon Derek G.	Senior Vice President	$53.71	3,500	49,393	-6.6%
2025-11-14	Small James D III	CAO,SVP,Sec. & General Counsel	$53.60	20,000	49,292	-28.9%
2025-11-17	Pribor Jeffrey	SVP & CFO	$53.58	1,000	71,734	-1.4%
2025-11-17	Zabrocky Lois K	President & CEO	$53.82	2,000	184,421	-1.1%

2025-12-16

ROIV

Roivant Sciences Ltd.

Pharmaceutical Preparations

Nasdaq

SELL

$117,195,776

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-12-16	MANCHESTER KEITH S	$23.05	1,694,614	16,353,113	-9.4%
2025-12-16	QVT Financial LP	$23.05	1,694,614	16,353,113	-9.4%
2025-12-16	Gold Daniel Allen	$23.05	1,694,614	16,353,113	-9.4%

2025-11-19

ROIV

Roivant Sciences Ltd.

Pharmaceutical Preparations

Nasdaq

SELL

$116,852,437

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-13	Ramaswamy Vivek	$20.46	1,854,603	33,653,756	-5.2%
2025-11-19	MANCHESTER KEITH S	$20.23	1,300,000	18,047,727	-6.7%
2025-11-19	QVT Financial LP	$20.23	1,300,000	18,047,727	-6.7%
2025-11-19	Gold Daniel Allen	$20.23	1,300,000	18,047,727	-6.7%

2025-11-13

HFFG

HF Foods Group Inc.

Wholesale-Groceries & Related Products

Nasdaq

BUY

$41,617

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-12	Lin Xi	President and CEO	$2.24	4,494	415,804	+1.1%
2025-11-13	Taylor Jeffery L		$2.25	10,000	10,000	+100.0%
2025-11-13	Chang Christine	Chief Compliance Officer & GC	$2.28	2,000	233,995	+0.9%
2025-11-13	Lam Dennis		$2.25	2,000	2,000	+100.0%

2025-11-20

CWGL

Crimson Wine Group, Ltd

Beverages

OTC

BUY

$1,061,449

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-14	Quille Nicolas Michel Eric	Chief Winemaking & COO	$5.00	500	2,500	+25.0%
2025-11-19	Rollins Colby A.		$4.86	900	1,900	+90.0%
2025-11-20	Cumming John D.		$4.96	106,308	1,216,801	+9.6%
2025-11-20	STEINBERG JOSEPH S		$4.96	106,308	1,264,537	+9.2%

2025-11-21

COHR

COHERENT CORP.

Optical Instruments & Lenses

NYSE

SELL

$2,357,964

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-14	Dreyer Michael L	$144.88	11,570	12,085	-48.9%
2025-11-20	SKAGGS STEPHEN A	$150.00	2,000	20,108	-9.0%
2025-11-21	Digirolomo Enrico	$134.85	2,831	21,078	-11.8%

2025-11-26

OTH

OFF THE HOOK YS INC.

Ship & Boat Building & Repairing

NYSE

BUY

$116,993

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-14	John Brian	CEO and Director	$4.00	25,000	5,025,000	+0.5%
2025-11-14	Gonnelli Robert Rosario		$3.96	135,000	135,000	+100.0%
2025-11-21	John Brian	CEO and Director	$3.14	10,000	5,035,000	+0.2%
2025-11-21	SIMMONS ANDREW JAMES	Vice President and Director	$3.19	15,873	15,873	+100.0%
2025-11-26	Gonnelli Robert Rosario		$3.50	10,000	145,000	+7.4%

2025-12-22

GWRE

Guidewire Software, Inc.

Services-Prepackaged Software

NYSE

SELL

$4,757,429

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-15	Rosenbaum Michael George	Chief Executive Officer	$204.34	1,400	246,758	-0.6%
2025-12-16	Peterson David Franklin	Chief Accounting Officer	$192.08	358	12,806	-2.7%
2025-12-16	Rosenbaum Michael George	Chief Executive Officer	$192.08	6,015	240,743	-2.4%
2025-12-16	Mullen John P	President	$192.08	7,975	141,983	-5.3%
2025-12-16	King James Winston	Chief Admin Officer, Gen Couns	$193.72	3,317	33,702	-9.0%
2025-12-16	Cooper Jeffrey Elliott	Chief Financial Officer	$192.95	4,104	72,969	-5.3%
2025-12-22	Rosenbaum Michael George	Chief Executive Officer	$200.72	1,400	239,343	-0.6%

2025-12-17

Marqeta, Inc.

Services-Prepackaged Software

Nasdaq

SELL

$1,520,972

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-11	Cummings Martha		$4.95	12,712	44,675	-22.2%
2025-12-12	Gardner Jason M.		$5.00	58,157	14,924,822	-0.4%
2025-12-12	Atkinson Najuma		$5.00	10,000	131,405	-7.1%
2025-12-15	Sumner Crystal	See Remarks	$4.85	5,056	322,059	-1.5%
2025-12-17	Gardner Jason M.		$5.00	218,509	14,225,373	-1.5%

2025-12-02

COF

CAPITAL ONE FINANCIAL CORP

National Commercial Banks

NYSE

SELL

$1,796,701

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Dean Lia	Pres, Banking & Prem. Products	$218.15	3,269	69,855	-4.5%
2025-12-01	Karam Celia	Pres, Retail Bank	$218.15	2,936	63,433	-4.4%
2025-12-02	Cooper Matthew W	General Counsel & Corp Secy	$221.54	2,000	94,486	-2.1%

2025-11-19

COCO

Vita Coco Company, Inc.

Beverages

Nasdaq

SELL

$2,449,824

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-14	Kirban Michael	Executive Chairman	$44.00	5,102	1,479,049	-0.3%
2025-11-17	Liran Ira		$50.09	40,757	636,441	-6.0%
2025-11-19	Sadowsky Kenneth		$47.12	3,900	616,066	-0.6%

2025-11-25

FSSL

FS Specialty Lending Fund

NYSE

BUY

$628,159

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-19	Forman Michael C.	See Remarks	$13.34	1,664	50,034	+3.4%
2025-11-20	Forman Michael C.	See Remarks	$13.32	16,790	66,824	+33.6%
2025-11-21	Forman Michael C.	See Remarks	$13.27	10,000	76,824	+15.0%
2025-11-25	Goldstein Richard I		$13.55	11,075	14,697	+305.8%
2025-11-25	Chandler Gregory P		$13.35	7,460	7,460	+100.0%

2025-12-08

CSW

CSW INDUSTRIALS, INC.

Adhesives & Sealants

NYSE

SELL

$1,585,774

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Perry James E	EVP, CFO	$275.00	580	25,349	-2.2%
2025-12-02	Alverson Luke	SVP, GC & Secretary	$272.96	280	13,110	-2.1%
2025-12-02	UNDERWOOD JEFF	SVP, GM Contractor Solutions	$278.96	370	5,853	-5.9%
2025-12-08	Sullivan Don	EVP, Chief Strategy Officer	$301.41	4,136	18,196	-18.5%

2025-11-18

TTWO

TAKE TWO INTERACTIVE SOFTWARE INC

Services-Prepackaged Software

Nasdaq

SELL

$462,138

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-14	Siminoff Ellen F	$235.95	414	2,716	-13.2%
2025-11-17	Sheresky Michael	$235.11	182	65,781	-0.3%
2025-11-18	Srinivasan LaVerne Evans	$238.27	1,350	9,092	-12.9%

2025-12-03

NET

Cloudflare, Inc.

Services-Prepackaged Software

NYSE

SELL

$32,418,461

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	Hawkins Mark J		$197.65	134	10,856	-1.2%
2025-12-01	Kramer Douglas James	Chief Legal Officer	$196.84	3,000	113,101	-2.6%
2025-12-03	Prince Matthew	CEO & Board Co-Chair	$202.36	157,152	0	-100.0%

2025-11-19

NET

Cloudflare, Inc.

Services-Prepackaged Software

NYSE

SELL

$35,510,638

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-17	Ledbetter Carl		$207.96	15,000	983,073	-1.5%
2025-11-18	Riley Janel	Chief Accounting Officer	$196.51	3,488	56,144	-5.8%
2025-11-17	Prince Matthew	CEO & Board Co-Chair	$199.21	157,152	22,175	-87.6%
2025-11-19	Suder Katrin		$196.38	2,031	39,754	-4.9%

2025-11-17

ABR

Arbor Realty Trust Inc.

Real Estate Investment Trusts

NYSE

BUY

$531,579

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-13	KAUFMAN IVAN	COB, CEO and President	$8.69	54,000	54,000	+100.0%
2025-11-17	LAZAR MELVIN F		$8.28	5,000	239,714	+2.1%
2025-11-17	Friedman David Erwin	CCO & Head of Non-Agcy Prod	$8.30	2,508	70,921	+3.7%

2025-11-26

ALMS

Alumis Inc.

Pharmaceutical Preparations

NASDAQ

BUY

$3,814,807

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-13	AKKARAJU SRINIVAS	$5.25	276,179	276,179	+100.0%
2025-11-17	AKKARAJU SRINIVAS	$6.34	241,338	517,517	+87.4%
2025-11-17	Tananbaum James B.	$6.09	507,874	2,542,003	+25.0%
2025-11-17	Foresite Capital Management VI LLC	$6.09	507,874	2,542,003	+25.0%
2025-11-17	Foresite Labs, LLC	$6.09	507,874	2,542,003	+25.0%
2025-11-20	AKKARAJU SRINIVAS	$7.20	125,743	643,260	+24.3%
2025-11-21	Tananbaum James B.	$7.38	72,212	2,614,215	+2.8%
2025-11-21	Foresite Capital Management VI LLC	$7.38	72,212	2,614,215	+2.8%
2025-11-21	Foresite Labs, LLC	$7.38	72,212	2,614,215	+2.8%
2025-11-26	AKKARAJU SRINIVAS	$7.55	173,589	816,849	+27.0%

2025-11-25

CURI

CuriosityStream Inc.

Services-Motion Picture & Video Tape Production

Nasdaq

SELL

$1,613,296

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-06	Reed Rebecca R	Gen Counsel	$4.06	4,559	26,774	-14.6%
2025-11-06	Hayden Phillip Brady	Chief Financial Officer	$3.87	17,508	20,817	-45.7%
2025-11-13	HUBERMAN JONATHAN		$5.00	9,291	1,224,285	-0.8%
2025-11-13	Cudahy Theresa Ellen	COO and Secretary	$4.98	5,553	524,848	-1.0%
2025-11-17	Hayden Phillip Brady	Chief Financial Officer	$4.50	1,343	121,141	-1.1%
2025-11-20	HUBERMAN JONATHAN		$5.00	14,116	1,210,169	-1.2%
2025-11-20	Cudahy Theresa Ellen	COO and Secretary	$4.98	10,200	514,648	-1.9%
2025-11-20	Stinchcomb Clinton Larry	President and CEO	$4.73	217,752	2,517,998	-8.0%
2025-11-25	Stinchcomb Clinton Larry	President and CEO	$4.62	100,000	2,417,998	-4.0%

2025-12-15

GOOGL

N/A

Other

SELL

$10,795,857

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-15	Hennessy John L.		$308.19	600	3,916	-13.3%
2025-12-15	Pichai Sundar	Chief Executive Officer	$299.80	32,500	2,239,619	-1.4%
2025-12-15	O'Toole Amie Thuener	VP, Chief Accounting Officer	$312.30	2,778	8,962	-23.7%

2025-12-03

GOOGL

N/A

Other

SELL

$10,718,680

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-01	ARNOLD FRANCES		$317.66	102	18,104	-0.6%
2025-12-02	O'Toole Amie Thuener	VP, Chief Accounting Officer	$317.00	954	11,740	-7.5%
2025-12-03	Pichai Sundar	Chief Executive Officer	$319.50	32,500	2,272,119	-1.4%

2025-11-19

GOOGL

N/A

Other

SELL

$10,609,491

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-13	Hennessy John L.		$280.06	600	4,516	-11.7%
2025-11-17	O'Toole Amie Thuener	VP, Chief Accounting Officer	$288.26	2,778	11,739	-19.1%
2025-11-19	Pichai Sundar	Chief Executive Officer	$296.64	32,500	2,304,619	-1.4%

2025-11-17

BHVN

Biohaven Ltd.

Pharmaceutical Preparations

NYSE

BUY

$33,144,763

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-13	CHILDS JOHN W		$7.50	3,333,333	5,653,904	+143.6%
2025-11-13	Bailey Gregory		$7.50	400,000	2,020,071	+24.7%
2025-11-13	Coric Vlad	Chief Executive Officer	$7.50	666,666	740,546	+902.4%
2025-11-17	Clark George C.	VP, Chief Accounting Officer	$8.52	17,000	20,000	+566.7%

2025-11-25

FUSB

FIRST US BANCSHARES, INC.

State Commercial Banks

Nasdaq

BUY

$119,804

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-19	Pierce Staci	$13.67	700	8,100	+9.5%
2025-11-20	FIELD Robert C	$13.69	55	1,955	+2.9%
2025-11-25	FIELD Robert C	$13.66	7,005	7,000	+100.0%
2025-11-25	Gordon Stephen Nathaniel	$13.80	1,000	1,700	+142.9%

2025-12-23

NUE

NUCOR CORP

Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens)

NYSE

SELL

$2,059,946

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-19	Topalian Leon J	Chair, President and CEO	$157.99	5,000	134,913	-3.6%
2025-12-19	Behr Allen C	Executive Vice President	$157.89	5,950	67,711	-8.1%
2025-12-23	Batterbee Thomas J.	Executive Vice President	$165.28	2,000	17,952	-10.0%

2026-01-02

N-A

N/A

Other

BUY

$209,507,497

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-11	Otting Joseph M		$15.39	21,394	123,871	+20.9%
2025-12-11	Frank Alan L		$15.39	5,718	32,688	+21.2%
2025-12-11	Kless Aaron	Chief Executive Officer	$15.39	357	2,065	+20.9%
2025-12-15	New Mountain Guardian IV Rated Feeder I, LTD		$10.00	3,300,000	33,000,000	+11.1%
2025-12-15	New Mountain Guardian IV Rated Feeder III, Ltd.		$10.00	3,329,140	33,291,400	+11.1%
2025-12-19	Employees' Retirement System of the State of Hawaii		$14.84	269,542	5,126,324	+5.5%
2025-12-22	Otting Joseph M		$15.40	3,887	65,823	+6.3%
2025-12-22	Frank Alan L		$15.40	2,078	34,766	+6.4%
2025-12-22	Kless Aaron	Chief Executive Officer	$15.40	130	2,194	+6.3%
2025-12-29	TPG GP A, LLC		$25.15	3,976,001	16,737,834	+31.2%
2025-12-30	Jenkins Brent		$11.44	2,448	17,560	+16.2%
2025-12-31	Manufacturers Life Insurance Co (Bermuda Branch)		$18.60	268,829	20,987,398	+1.3%
2025-12-31	Manulife (Singapore) Pte. Ltd.		$18.60	860,254	14,732,909	+6.2%
2025-12-31	Manufacturers Life Reinsurance Ltd		$15.91	502,702	23,866,576	+2.2%
2025-12-31	Manufacturers Life Insurance Co (Bermuda Branch)		$15.91	439,864	15,673,253	+2.9%
2025-12-31	Manufacturers Life Reinsurance Ltd		$18.60	1,559,210	52,314,872	+3.1%
2025-12-31	Manulife (International) Ltd		$18.60	537,659	44,782,418	+1.2%
2025-12-31	Manufacturers Life Insurance Co (Bermuda Branch)		$18.60	268,829	20,987,398	+1.3%
2025-12-31	Manulife (Singapore) Pte. Ltd.		$18.60	860,254	14,732,909	+6.2%
2026-01-01	Phillips William John		$1,289.93	140	391	+55.5%
2026-01-01	Allen Brad	Treasurer	$98.67	10,135	61,643	+19.7%
2026-01-01	Earl John	President	$98.67	10,135	20,415	+98.6%
2026-01-01	Nielson Brandon R.		$98.67	20,270	47,397	+74.7%
2026-01-02	UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGEMENT CO		$27.96	347,237	3,732,692	+10.3%
2026-01-02	Lutnick Brandon		$19.43	478,641	554,037	+634.8%

2025-12-02

N-A

N/A

Other

BUY

$288,141,474

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-28	Manufacturers Life Reinsurance Ltd		$16.30	3,558,182	23,338,608	+18.0%
2025-11-28	Manufacturers Life Insurance Co (Bermuda Branch)		$16.30	429,436	15,230,859	+2.9%
2025-11-28	Manufacturers Life Reinsurance Ltd		$18.83	637,158	50,755,665	+1.3%
2025-11-28	Manulife (International) Ltd		$18.83	530,965	44,244,762	+1.2%
2025-11-28	Manufacturers Life Insurance Co (Bermuda Branch)		$18.83	212,386	20,718,569	+1.0%
2025-11-28	Manulife (Singapore) Pte. Ltd.		$18.83	743,351	13,872,659	+5.7%
2025-12-01	BlueArc Capital Management, LLC		$26.89	1,457,461	3,228,924	+82.3%
2025-12-02	Herman Thomas E	VP and Chief Financial Officer	$10.21	19,589	19,589	+100.0%
2025-12-01	New Mountain Guardian IV Rated Feeder I, LTD		$10.00	5,940,000	29,700,000	+25.0%
2025-12-01	New Mountain Guardian IV Rated Feeder III, Ltd.		$10.00	5,992,452	29,962,260	+25.0%
2025-12-01	New Mountain Guardian IV Rated Feeder III, Ltd.		$10.00	1,500,000	30,000,000	+5.3%
2025-12-01	Allen Brad	Treasurer	$98.73	51	466	+12.2%
2025-12-01	Earl John	President	$98.73	8,305	8,305	+100.0%
2025-12-01	UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGEMENT CO		$14.12	609,116	6,770,911	+9.9%

2025-11-17

N-A

N/A

Other

BUY

$13,000,008

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-17	Manufacturers Life Reinsurance Ltd	$18.65	107,240	50,118,507	+0.2%
2025-11-17	Manulife (International) Ltd	$18.65	482,582	43,713,797	+1.1%
2025-11-17	Manufacturers Life Insurance Co (Bermuda Branch)	$18.65	107,240	20,506,183	+0.5%

2025-12-23

SOUN

SOUNDHOUND AI, INC.

Services-Prepackaged Software

Nasdaq

SELL

$4,841,644

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-12-22	SHARAN NITESH	Chief Financial Officer	$11.28	60,780	1,705,148	-3.4%
2025-12-22	MOHAJER KEYVAN	CEO	$11.28	144,326	2,198,287	-6.2%
2025-12-22	EMAMI MAJID	CSO & SVP, Engineering	$11.01	75,341	532,845	-12.4%
2025-12-22	HOM JAMES MING	Chief Product Officer	$11.28	42,600	803,383	-5.0%
2025-12-23	SROKA DIANA		$10.88	1,343	151,263	-0.9%
2025-12-22	STONEHOCKER TIMOTHY	Chief Technology Officer	$11.26	33,450	573,855	-5.5%
2025-12-22	ZAGORSEK MICHAEL	Chief Operating Officer	$11.28	73,406	1,787,459	-3.9%

2025-11-17

CIFR

Cipher Digital Inc.

Finance Services

Nasdaq

SELL

$988,999

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-12	Williams Wesley Hastie		$17.51	18,769	208,012	-8.3%
2025-11-12	Evans Holly Morrow		$17.39	16,269	210,512	-7.2%
2025-11-17	Kelly Patrick Arthur	Co-President and COO	$14.20	26,580	1,187,339	-2.2%

2025-11-14

ACVA

ACV Auctions Inc.

Services-Business Services, NEC

NYSE

BUY

$5,744,205

Trade Date	Insider Name	Price	Qty	Owned After	Change, %
2025-11-10	GOODMAN ROBERT P	$5.61	912,408	912,408	+100.0%
2025-11-14	Hirsch Brian	$6.21	80,571	99,678	+421.7%
2025-11-14	Castillo Kirsten	$6.26	20,000	39,107	+104.7%

2025-11-12

MEDP

Medpace Holdings, Inc.

Services-Commercial Physical & Biological Research

Nasdaq

SELL

$29,986,660

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-05	GEIGER JESSE J	President	$595.66	21,503	15,000	-58.9%
2025-11-11	BURWIG SUSAN E	Exec. VP, Operations	$605.00	18,000	47,500	-27.5%
2025-11-12	Troendle August J.	CEO	$602.32	10,440	914,162	-1.1%

2025-10-02

Neptune Insurance Holdings Inc.

Insurance Agents, Brokers & Service

NYSE

BUY

$3,481,000

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-10-02	Burgess Trevor R	CEO & Chairman of the Board	$20.00	50,000	2,032,964	+2.5%
2025-10-02	Steiner James	CFO and Secretary	$20.00	119,050	4,384,715	+2.8%
2025-10-02	Carlon Jonathan Winant		$20.00	5,000	653,500	+0.8%

2025-11-20

PTON

PELOTON INTERACTIVE, INC.

Sporting & Athletic Goods, NEC

Nasdaq

SELL

$1,628,010

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-19	Baig Saqib	Chief Accounting Officer	$6.97	2,387	190,665	-1.2%
2025-11-20	Sanders Dion C.	Chief Commercial Officer	$6.64	111,036	0	-100.0%
2025-11-20	Cotter Jennifer Cunningham	Chief Content Officer	$6.64	131,495	100,269	-56.7%

2025-11-12

WAB

WESTINGHOUSE AIR BRAKE TECHNOLOGIES CORP

Railroad Equipment

NYSE

SELL

$2,254,774

Trade Date	Insider Name	Title	Price	Qty	Owned After	Change, %
2025-11-11	Schweitzer Pascal	President Transit	$208.07	3,000	4,955	-37.7%
2025-11-12	DeNinno David L	Exec VP, General Counsel, Sec.	$209.94	5,000	55,450	-8.3%
2025-11-12	Mastalerz John A Jr	SVP Fin, Corp Controller, CAO	$210.00	2,766	5,286	-34.4%

Strategic Executive Alignment

A single insider buy might be routine, but an Executive Cluster indicates strategic alignment. When multiple top managers commit personal capital simultaneously, it signals that those with the most intimate company knowledge believe the stock is deeply undervalued.

Institutional Sentiment Quality

Professional analysts use Cluster Analysis to filter out market noise. Tracking aggregate moves at the boardroom level allows retail investors to access institutional-grade signals often before they are reflected in official quarterly reports.

UNDERSTANDING THE DATA

FILING DATE: The date and time when the transaction was reported to the SEC. This is when the public first receives the information.

TRADE DATE: The actual day the insider executed the purchase or sale in the market.

INDUSTRY: The specific market sector the company operates in. Useful for identifying broader institutional capital flows across sectors.

OWNED AFTER: The total number of shares held by the insider following the transaction. This highlights the insider's remaining conviction in the company.

CHANGE %: The percentage increase or decrease of the insider's total position. Large percentage changes often carry more weight than the dollar amount alone.

TRADE TYPES DEFINITIONS

BUY: An open market purchase. Typically indicates an insider's belief that the stock is undervalued or poised for growth.

SELL: An open market sale. While often used for diversification or liquidity, large or unexpected sales can be a warning signal.

OPT+S (OPTION EXERCISE & SALE): This occurs when an insider exercises their stock options and sells them immediately. Often part of a structured compensation plan.