Large Insider Purchases
Institutional-Scale SEC Form 4 Buy Signals
The Signal of $1M+ Conviction
When a corporate executive invests more than $1,000,000 of their own capital into company shares, it represents the highest level of conviction. These seven-figure purchases reflect management's belief in the company's future value.
| Filing Date | Trade Date | Ticker | Company Name | Reporting Person | Relationship | Industry | Type | Price | Qty | Total, $ | Owned After | Change, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-04-03 20:42 | 2026-04-01 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.87 | 303,392 | $4,208,047 | 21,762,781 | +1.4% |
| 2026-04-03 21:06 | 2026-04-02 | ANVS | Annovis Bio, Inc. | Hoffman Michael B | Director | Pharmaceutical Preparations | BUY | $2.10 | 713,800 | $1,498,980 | 3,288,539 | +27.7% |
| 2026-04-03 18:14 | 2026-04-01 | RPAY | Repay Holdings Corp | Forager Fund, L.P. | 10% owner | Services-Business Services, NEC | BUY | $2.54 | 950,000 | $2,408,345 | 10,192,937 | +10.3% |
| 2026-04-02 20:07 | 2026-03-23 | SVRE | SaverOne 2014 Ltd. | VisionWave Holdings, Inc. | Director | Services-Computer Programming Services | BUY | $3.00 | 361,800,000 | $1,085,400,000 | 7,128,388,800 | +5.3% |
| 2026-04-02 20:06 | 2026-03-31 | FGBI | First Guaranty Bancshares, Inc. | Smith Edgar R. III | Director, 10% owner | Savings Institution, Federally Chartered | BUY | $7.77 | 138,083 | $1,072,905 | 675,349 | +25.7% |
| 2026-04-03 01:00 | 2026-03-31 | CGCT | Cartesian Growth Corp III | CGC III Sponsor LLC | 10% owner | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $10.29 | 971,000 | $9,993,726 | 971,000 | +100.0% |
| 2026-04-02 23:34 | 2026-03-31 | VVOS | Vivos Therapeutics, Inc. | Skaff Michael C | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $1.34 | 1,353,625 | $1,813,858 | 1,353,625 | +100.0% |
| 2026-04-02 22:45 | 2026-03-31 | PHR | Phreesia, Inc. | Pale Fire Capital SE | 10% owner | Services-Business Services, NEC | BUY | $8.20 | 1,275,500 | $10,464,840 | 8,924,329 | +16.7% |
| 2026-04-02 18:02 | 2026-04-02 | SVC | Service Properties Trust | PORTNOY ADAM D. | Director | Real Estate Investment Trusts | BUY | $1.20 | 41,666,666 | $49,999,999 | 41,666,666 | +100.0% |
| 2026-04-02 16:35 | 2026-04-01 | N/A | CVC-PE Global Private Equity Fund, LP | Squire Robert | Director, Officer - Chief Executive Officer | Other | BUY | $100.00 | 10,000 | $1,000,000 | 10,000 | +100.0% |
| 2026-04-02 11:17 | 2026-03-31 | BNR | Burning Rock Biotech Ltd | Han Yusheng | Director | Services-Medical Laboratories | BUY | $17.36 | 314,870 | $5,466,143 | 17,672,676 | +1.8% |
| 2026-04-01 20:56 | 2026-03-30 | N/A | Lafayette Square USA, Inc. | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 10% owner | Other | BUY | $14.78 | 338,295 | $5,000,000 | 6,789,418 | +5.2% |
| 2026-04-01 20:39 | 2026-03-30 | FMAC | Future Money Acquisition Corp | Future Wealth Capital Corp. | 10% owner | Other | BUY | $10.00 | 304,000 | $3,040,000 | 4,666,069 | +7.0% |
| 2026-04-01 20:41 | 2026-03-30 | TCGSX | TCG Strategic Income Fund | TANNENBAUM LEONARD M | Director, 10% owner | Other | BUY | $9.74 | 410,678 | $4,000,000 | 906,543 | +82.8% |
| 2026-04-01 20:30 | 2026-03-31 | CNTB | Connect Biopharma Holdings Ltd | Huang James | Director | Pharmaceutical Preparations | BUY | $3.45 | 1,160,000 | $4,002,000 | 13,160,000 | +9.7% |
| 2026-04-01 20:30 | 2026-03-31 | ZBIO | Zenas BioPharma, Inc. | Fairmount Funds Management LLC | Director | Pharmaceutical Preparations | BUY | $20.00 | 150,000 | $3,000,000 | 2,359,025 | +6.8% |
| 2026-04-01 19:25 | 2026-03-31 | N-A | John Hancock GA Senior Loan Trust | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $15.85 | 1,009,400 | $15,999,992 | 31,817,940 | +3.3% |
| 2026-04-01 19:15 | 2026-03-31 | N-A | John Hancock GA Senior Loan Trust | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $15.85 | 315,437 | $4,999,997 | 17,906,847 | +1.8% |
| 2026-04-01 17:01 | 2026-03-02 | N-A | Silver Point Specialty Lending Fund | UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGEMENT CO | 10% owner | Other | BUY | $27.85 | 170,984 | $4,761,905 | 4,148,908 | +4.3% |
| 2026-03-31 20:15 | 2026-03-27 | MLYS | Mineralys Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director | Pharmaceutical Preparations | BUY | $23.75 | 369,000 | $8,762,791 | 5,825,521 | +6.8% |
| 2026-04-01 00:14 | 2026-03-30 | ZBIO | Zenas BioPharma, Inc. | MOULDER LEON O JR | Director, Officer - Chief Executive Officer | Pharmaceutical Preparations | BUY | $18.91 | 54,000 | $1,021,140 | 1,726,039 | +3.2% |
| 2026-03-31 23:38 | 2026-03-27 | PAGS | PagSeguro Digital Ltd. | Frias Luis | Director | Services-Computer Processing & Data Preparation | BUY | $9.97 | 498,500 | $4,967,553 | 2,673,605 | +22.9% |
| 2026-03-31 21:55 | 2026-03-30 | N-A | Lafayette Square USA, Inc. | Employees' Retirement System of the State of Hawaii | 10% owner | Other | BUY | $14.78 | 270,636 | $4,000,000 | 5,396,960 | +5.3% |
| 2026-03-31 21:00 | 2026-03-31 | ZBIO | Zenas BioPharma, Inc. | Lu Hongbo | Director | Pharmaceutical Preparations | BUY | $20.00 | 75,000 | $1,500,000 | 422,968 | +21.6% |
| 2026-03-31 14:48 | 2026-03-27 | FUND | SPROTT FOCUS TRUST INC. | GEORGE W WHITNEY | Director, 10% owner, Other | Other | BUY | $8.96 | 135,086 | $1,209,871 | 2,626,673 | +5.4% |
| 2026-03-31 11:58 | 2023-03-31 | QFIN | Qfin Holdings, Inc. | Chen Xiaohuan | Director | Finance Services | BUY | $12.79 | 250,000 | $3,197,900 | 190,000 | +100.0% |
| 2026-03-31 10:42 | 2026-03-30 | NAVN | Navan, Inc. | Williams Anre D | Director | Services-Prepackaged Software | BUY | $12.00 | 100,000 | $1,200,000 | 215,024 | +86.9% |
| 2026-03-31 01:16 | 2026-03-26 | VERO | Venus Concept Inc. | Madryn Asset Management, LP | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $0.04 | 37,537,187 | $1,501,487 | 37,547,373 | +368,517.4% |
| 2026-03-31 00:30 | 2026-03-26 | WVE | Wave Life Sciences Ltd. | RA CAPITAL MANAGEMENT, L.P. | Director, 10% owner | Pharmaceutical Preparations | BUY | $6.23 | 8,772,496 | $54,624,578 | 26,975,505 | +48.2% |
| 2026-03-31 00:04 | 2026-02-27 | SABR | Sabre Corp | CONSTELLATION SOFTWARE INC | 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $1.16 | 10,634,702 | $12,341,572 | 50,157,523 | +26.9% |
| 2026-03-30 23:49 | 2026-03-19 | AHCO | AdaptHealth Corp. | OEP VII GP, L.L.C. | 10% owner | Services-Home Health Care Services | BUY | $9.91 | 447,827 | $4,438,906 | 16,312,698 | +2.8% |
| 2026-03-30 23:32 | 2026-03-10 | AHCO | AdaptHealth Corp. | OEP VII GP, L.L.C. | 10% owner | Services-Home Health Care Services | BUY | $9.73 | 2,046,691 | $19,912,052 | 15,864,871 | +14.8% |
| 2026-03-30 21:29 | 2026-03-26 | N/A | Golub Capital Private Income Fund I | Golub David | Director, Officer, 10% owner - CEO and Chairman | Other | BUY | $24.45 | 511,247 | $12,500,000 | 511,247 | +100.0% |
| 2026-03-30 19:55 | 2026-03-26 | NFJ | Virtus Dividend, Interest & Premium Strategy Fund | Saba Capital Management, L.P. | 10% owner | Loan Brokers | BUY | $12.42 | 160,831 | $1,997,955 | 10,182,692 | +1.6% |
| 2026-03-30 12:38 | 2026-03-27 | IPX | IPERIONX Ltd | Arima Anastasios | Officer - Chief Executive Officer | Miscellaneous Metal Ores | BUY | $3.74 | 479,800 | $1,793,109 | 12,800 | +100.0% |
| 2026-03-28 00:11 | 2025-05-28 | KBDC | Kayne Anderson BDC, Inc. | ROBO JAMES L | Director | Other | BUY | $15.84 | 164,706 | $2,608,943 | 1,738,175 | +10.5% |
| 2026-03-27 22:11 | 2026-03-27 | PANW | Palo Alto Networks Inc | Arora Nikesh | Director, Officer - Chief Executive Officer | Computer Peripheral Equipment, NEC | BUY | $146.87 | 68,085 | $9,999,978 | 343,394 | +24.7% |
| 2026-03-27 22:16 | 2026-03-25 | RPAY | Repay Holdings Corp | Forager Fund, L.P. | 10% owner | Services-Business Services, NEC | BUY | $3.01 | 642,837 | $1,935,068 | 9,242,937 | +7.5% |
| 2026-03-27 20:30 | 2026-03-26 | N/A | Blackstone Private Equity Strategies Fund L.P. | Patel Viral | Director, Officer - Chief Executive Officer | Other | BUY | $35.73 | 27,985 | $1,000,000 | 100,190 | +38.8% |
| 2026-03-27 18:34 | 2026-03-25 | IAUX | i-80 Gold Corp. | Young Richard Scott | Director, Officer - President and CEO | Gold and Silver Ores | BUY | $1.40 | 1,000,000 | $1,400,000 | 4,971,000 | +25.2% |
| 2026-03-27 13:33 | 2026-03-26 | PICS | PicS N.V. | Chedid Simoes Eduardo | Director, Officer - Chief Executive Officer | Personal Credit Institutions | BUY | $11.52 | 87,505 | $1,008,058 | 87,505 | +100.0% |
| 2026-03-26 12:24 | 2026-03-24 | BORR | Borr Drilling Ltd | Troim Tor Olav | Director | Drilling Oil & Gas Wells | BUY | $5.20 | 500,000 | $2,597,900 | 25,622,941 | +2.0% |
| 2026-03-26 12:29 | 2026-03-24 | BORR | Borr Drilling Ltd | Currie Jeffrey | Director | Drilling Oil & Gas Wells | BUY | $5.31 | 250,000 | $1,327,500 | 354,423 | +239.4% |
| 2026-03-26 00:02 | 2026-03-23 | SRZN | Surrozen, Inc./DE | TCG Crossover GP II, LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $24.72 | 121,881 | $3,012,764 | 736,547 | +19.8% |
| 2026-03-25 22:33 | 2026-03-23 | MGM | MGM Resorts International | IAC Inc. | 10% owner | Hotels & Motels | BUY | $37.22 | 1,000,000 | $37,223,500 | 66,822,350 | +1.5% |
| 2026-03-25 21:29 | 2026-03-23 | FRPH | FRP HOLDINGS, INC. | BAKER JOHN D II | Director, 10% owner | Real Estate | BUY | $20.90 | 478,468 | $9,999,981 | 3,050,243 | +18.6% |
| 2026-03-25 20:13 | 2026-03-23 | N/A | Willow Tree Capital Corp | HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | 10% owner | Other | BUY | $16.07 | 181,914 | $2,923,355 | 2,853,835 | +6.8% |
| 2026-03-25 17:56 | 2026-03-23 | N/A | Willow Tree Capital Corp | LIBERTY MUTUAL HOLDING Co INC. | 10% owner | Other | BUY | $16.07 | 272,890 | $4,385,342 | 4,084,834 | +7.2% |
| 2026-03-25 16:01 | 2026-03-19 | AERO | Grupo Aeromexico, S.A.B. de C.V. | Tricio Haro Eduardo | Director | Air Transportation, Scheduled | BUY | $1.32 | 1,000,000 | $1,320,000 | 500,000 | +100.0% |
| 2026-03-25 15:12 | 2026-03-23 | N/A | 26North BDC, Inc. | Amwal Investments LLC | 10% owner | Other | BUY | $25.14 | 497,305 | $12,502,253 | 3,483,026 | +16.7% |
Institutional Conviction in Form 4
Tracking these institutional-scale purchases allows you to follow the "smart money" when their conviction is highest. When an executive or a 10% beneficial owner commits a seven-figure sum to an open-market transaction, it bypasses the routine noise of stock-based compensation. These trades are often a precursor to major corporate developments or a signal that management views the current market valuation as significantly disconnected from the company’s internal growth trajectory. By monitoring these high-value entries, investors can align their portfolios with the capital of those who possess the most intimate understanding of a business's long-term health and potential.
Filtering the Market Noise
Our platform is designed to eliminate the noise and focus strictly on high-impact accumulation from directors and CEOs betting big on their company’s future. The SEC EDGAR database is frequently flooded with thousands of automated Form 4 filings, many of which involve small, technical, or pre-scheduled trades that offer little predictive value for the average investor. By applying a strict $1,000,000 minimum threshold, we isolate the transactions where insiders are taking substantial personal financial risk. This high-conviction filter serves as a powerful transparency tool, identifying the exact moments when corporate leadership moves away from passive ownership toward aggressive capital deployment.
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.