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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-28 05:00 | 2023-01-25 | APPN | Appian Corporation | Abdiel Capital Advisors, LP | 10% owner | Services-Prepackaged Software | BUY | $40.60 | 120,698 | $4,900,797 | 9,806,226 | +1.2% |
| 2023-01-26 21:33 | 2023-01-25 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $30.51 | 57,426 | $1,752,067 | 2,029,495 | +2.9% |
| 2023-01-27 01:23 | 2023-01-24 | HSAQ | Orchestra BioMed Holdings, Inc. | WONG RODERICK | Director, Officer, 10% owner - Chief Executive Officer | Surgical & Medical Instruments & Apparatus | BUY | $10.00 | 1,808,512 | $18,085,120 | 2,808,512 | +180.9% |
| 2023-01-27 02:16 | 2023-01-24 | CCO | Clear Channel Outdoor Holdings, Inc. | ARES MANAGEMENT LLC | 10% owner | Services-Advertising | BUY | $1.60 | 1,596,000 | $2,553,281 | 54,205,626 | +3.0% |
| 2023-01-27 00:10 | 2021-06-24 | JAKK | JAKKS PACIFIC INC | Rosen Lawrence I | 10% owner | Games, Toys & Children's Vehicles (No Dolls & Bicycles) | BUY | $12.53 | 125,213 | $1,568,894 | 1,010,919 | +14.1% |
| 2023-01-27 00:10 | 2021-03-08 | JAKK | JAKKS PACIFIC INC | Rosen Lawrence I | 10% owner | Games, Toys & Children's Vehicles (No Dolls & Bicycles) | BUY | $9.48 | 364,605 | $3,455,981 | 885,706 | +70.0% |
| 2023-01-27 00:12 | 2022-02-28 | JAKK | JAKKS PACIFIC INC | Rosen Lawrence I | 10% owner | Games, Toys & Children's Vehicles (No Dolls & Bicycles) | BUY | $15.43 | 68,958 | $1,064,022 | 1,845,785 | +3.9% |
| 2023-01-26 00:49 | 2021-02-22 | USLM | UNITED STATES LIME & MINERALS INC | INBERDON ENTERPRISES LTD | 10% owner | Mining & Quarrying of Nonmetallic Minerals (No Fuels) | BUY | $127.09 | 52,366 | $6,654,938 | 3,530,756 | +1.5% |
| 2023-01-26 05:19 | 2023-01-23 | TREE | LendingTree, Inc. | LEBDA DOUGLAS R | Director, Officer, 10% owner - Chairman & CEO | Loan Brokers | BUY | $32.03 | 65,062 | $2,084,203 | 65,062 | +100.0% |
| 2023-01-25 02:20 | 2023-01-24 | DCPH | N/A | Brightstar Associates LLC | 10% owner | Other | BUY | $18.00 | 1,666,666 | $29,999,988 | 19,718,014 | +9.2% |
| 2023-01-25 05:26 | 2023-01-20 | APPN | Appian Corporation | Abdiel Capital Advisors, LP | 10% owner | Services-Prepackaged Software | BUY | $39.36 | 283,010 | $11,139,387 | 9,685,528 | +3.0% |
| 2023-01-25 00:30 | 2023-01-20 | FULC | Fulcrum Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $13.00 | 1,923,076 | $24,999,988 | 11,609,704 | +19.9% |
| 2023-01-25 00:23 | 2023-01-20 | REFLX | N/A | IVASCYN DANIEL J | Other | Other | BUY | $10.15 | 492,611 | $5,000,000 | 492,611 | +100.0% |
| 2023-01-24 19:31 | 2023-01-20 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | DEMCHAK WILLIAM S | Officer - President/CEO | National Commercial Banks | BUY | $153.38 | 6,550 | $1,004,639 | 482,924 | +1.4% |
| 2023-01-25 03:24 | 2023-01-20 | CCO | Clear Channel Outdoor Holdings, Inc. | ARES MANAGEMENT LLC | 10% owner | Services-Advertising | BUY | $1.57 | 1,230,000 | $1,927,041 | 53,631,580 | +2.3% |
| 2023-01-24 02:00 | 2023-01-19 | ZYME | Zymeworks Inc. | EcoR1 Capital, LLC | 10% owner | Pharmaceutical Preparations | BUY | $9.70 | 307,500 | $2,982,719 | 9,887,473 | +3.2% |
| 2023-01-21 04:43 | 2023-01-18 | GRX-G | Gabelli Healthcare & WellnessRx Trust | GABELLI MARIO J | Director, 10% owner, Other | Other | BUY | $10.00 | 511,000 | $5,110,000 | 50,000 | +100.0% |
| 2023-01-21 00:29 | 2023-01-18 | CCO | Clear Channel Outdoor Holdings, Inc. | ARES MANAGEMENT LLC | 10% owner | Services-Advertising | BUY | $1.36 | 1,000,000 | $1,356,900 | 52,401,580 | +1.9% |
| 2023-01-19 17:53 | 2023-01-17 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $15.98 | 419,156 | $6,699,992 | 9,974,161 | +4.4% |
| 2023-01-19 17:24 | 2023-01-17 | N-A | N/A | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $15.98 | 125,121 | $1,999,997 | 5,909,337 | +2.2% |
| 2023-01-20 03:25 | 2023-01-17 | APPN | Appian Corporation | Abdiel Capital Management, LLC | 10% owner | Services-Prepackaged Software | BUY | $37.16 | 320,000 | $11,891,136 | 9,402,518 | +3.5% |
| 2023-01-20 01:28 | 2023-01-17 | DHHC | United Homes Group, Inc. | HAMAMOTO DAVID T | Director, Officer - Co-CEO, Chairman | Operative Builders | BUY | $10.09 | 250,000 | $2,521,675 | 1,250,000 | +25.0% |
| 2023-01-19 02:27 | 2023-01-13 | ZYME | Zymeworks Inc. | EcoR1 Capital, LLC | 10% owner | Pharmaceutical Preparations | BUY | $9.84 | 985,100 | $9,697,521 | 9,579,973 | +11.5% |
| 2023-01-17 20:42 | 2023-01-12 | EOG | EOG RESOURCES INC | Kerr Michael T. | Director | Crude Petroleum & Natural Gas | BUY | $130.49 | 20,000 | $2,609,854 | 170,000 | +13.3% |
| 2023-01-18 00:05 | 2023-01-12 | MACK | N/A | Levy Noah G. | Director, Other | Other | BUY | $11.90 | 100,000 | $1,190,000 | 1,119,586 | +9.8% |
| 2023-01-14 00:19 | 2022-12-23 | RXRX | RECURSION PHARMACEUTICALS, INC. | Mubadala Investment Co PJSC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $7.50 | 1,029,795 | $7,725,831 | 12,321,732 | +9.1% |
| 2023-01-14 03:13 | 2023-01-11 | APPN | Appian Corporation | Abdiel Capital Management, LLC | 10% owner | Services-Prepackaged Software | BUY | $32.96 | 265,000 | $8,735,169 | 9,082,518 | +3.0% |
| 2023-01-14 01:07 | 2023-01-12 | DHHC | United Homes Group, Inc. | HAMAMOTO DAVID T | Director, Officer - Co-CEO, Chairman | Operative Builders | BUY | $10.09 | 1,000,000 | $10,090,000 | 1,000,000 | +100.0% |
| 2023-01-14 01:08 | 2023-01-11 | KYMR | Kymera Therapeutics, Inc. | BVF PARTNERS L P/IL | Director, Other | Biological Products, (No Diagnostic Substances) | BUY | $30.51 | 41,007 | $1,251,189 | 1,888,351 | +2.2% |
| 2023-01-13 00:47 | 2023-01-10 | ZYME | Zymeworks Inc. | EcoR1 Capital, LLC | 10% owner | Pharmaceutical Preparations | BUY | $7.67 | 1,026,300 | $7,874,081 | 8,594,873 | +13.6% |
| 2023-01-13 05:00 | 2023-01-10 | ALTI | AlTi Global, Inc. | Yu Peter | Director, 10% owner | Investment Advice | BUY | $9.48 | 152,590 | $1,446,889 | 347,429 | +78.3% |
| 2023-01-13 00:35 | 2023-01-10 | NGM | N/A | COLUMN GROUP L P | Director, 10% owner | Other | BUY | $4.79 | 309,070 | $1,479,364 | 689,542 | +81.2% |
| 2023-01-13 00:32 | 2023-01-10 | NGM | N/A | GOEDDEL DAVID V | Director, 10% owner | Other | BUY | $4.79 | 309,070 | $1,479,364 | 689,542 | +81.2% |
| 2023-01-11 00:34 | 2022-12-02 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $9.48 | 147,700 | $1,399,812 | 633,466 | +30.4% |
| 2023-01-11 00:34 | 2022-10-20 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $9.08 | 479,981 | $4,360,531 | 2,458,161 | +24.3% |
| 2023-01-11 00:33 | 2022-09-09 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $7.19 | 407,647 | $2,931,675 | 517,766 | +370.2% |
| 2023-01-11 00:33 | 2022-07-21 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $7.68 | 642,174 | $4,929,392 | 2,206,878 | +41.0% |
| 2023-01-11 00:32 | 2022-04-22 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $7.63 | 414,736 | $3,164,353 | 1,876,106 | +28.4% |
| 2023-01-11 00:32 | 2022-03-21 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $9.27 | 506,494 | $4,695,351 | 1,550,984 | +48.5% |
| 2023-01-10 20:17 | 2023-01-06 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $28.90 | 55,758 | $1,611,245 | 1,945,085 | +3.0% |
| 2023-01-11 01:14 | 2023-01-06 | HOWL | Werewolf Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director, 10% owner | Pharmaceutical Preparations | BUY | $2.21 | 1,853,000 | $4,095,130 | 5,701,056 | +48.2% |
| 2023-01-11 05:26 | 2023-01-06 | GEG | Great Elm Group, Inc. | Reese Jason W. | Director, 10% owner | Services-Prepackaged Software | BUY | $2.17 | 460,900 | $1,000,153 | 5,620,000 | +8.9% |
| 2023-01-06 19:12 | 2023-01-04 | LFHAX | N/A | LORD, ABBETT & CO. LLC | Other | Other | BUY | $10.00 | 500,000 | $5,000,000 | 500,000 | +100.0% |
| 2023-01-07 00:39 | 2023-01-04 | FULC | Fulcrum Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $7.28 | 180,703 | $1,314,813 | 9,686,628 | +1.9% |
| 2023-01-07 00:04 | 2023-01-05 | CRWD | CrowdStrike Holdings, Inc. | AUSTIN ROXANNE S | Director | Services-Prepackaged Software | BUY | $96.19 | 35,000 | $3,366,699 | 100,419 | +53.5% |
| 2023-01-06 05:05 | 2022-11-21 | BDSX | BIODESIX INC | Kennedy Lawrence T. Jr | 10% owner | Services-Medical Laboratories | BUY | $1.15 | 10,869,565 | $12,500,000 | 4,355,914 | +100.0% |
| 2023-01-06 00:43 | 2023-01-03 | IMRA | Enliven Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $4.00 | 629,297 | $2,516,055 | 3,880,021 | +19.4% |
| 2023-01-06 02:32 | 2022-12-29 | GCV-G | GABELLI CONVERTIBLE & INCOME SECURITIES FUND INC | GABELLI MARIO J | Other | Other | BUY | $10.00 | 350,000 | $3,500,000 | 150,000 | +100.0% |
| 2023-01-06 00:24 | 2023-01-04 | HPK | HighPeak Energy, Inc. | HIGHTOWER JACK | Director, Officer, 10% owner - Chief Executive Officer | Drilling Oil & Gas Wells | BUY | $22.00 | 131,539 | $2,893,858 | 2,906,011 | +4.7% |
| 2023-01-05 00:37 | 2021-03-29 | TWOA | N/A | two sponsor | 10% owner | Other | BUY | $10.00 | 628,750 | $6,287,500 | 628,750 | +100.0% |
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.