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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-01-05 00:39 | 2021-03-29 | TWOA | N/A | Steckenrider Troy III | Officer, 10% owner - Chief Financial Officer | Other | BUY | $10.00 | 628,750 | $6,287,500 | 628,750 | +100.0% |
| 2023-01-05 00:34 | 2021-03-29 | TWOA | N/A | Gupta Gautam | Officer, 10% owner - Co-Chief Executive Officer | Other | BUY | $10.00 | 628,750 | $6,287,500 | 628,750 | +100.0% |
| 2023-01-05 00:47 | 2021-03-29 | TWOA | N/A | Hartz Kevin | Director, Officer, 10% owner - Co-Chief Executive Officer | Other | BUY | $10.00 | 628,750 | $6,287,500 | 628,750 | +100.0% |
| 2023-01-05 05:15 | 2022-12-30 | N/A | N/A | SPC Wilson Point, L.P. | 10% owner | Other | BUY | $19.65 | 216,185 | $4,248,546 | 4,630,666 | +4.9% |
| 2023-01-04 20:03 | 2022-12-30 | TZOO | TRAVELZOO | BARTEL RALPH | 10% owner | Services-Advertising | BUY | $4.40 | 3,410,000 | $15,004,000 | 7,906,603 | +75.8% |
| 2023-01-04 20:02 | 2022-12-30 | TZOO | TRAVELZOO | AZZURRO CAPITAL INC | 10% owner | Services-Advertising | BUY | $4.40 | 3,410,000 | $15,004,000 | 7,663,858 | +80.2% |
| 2023-01-05 01:16 | 2022-12-29 | IHT | INNSUITES HOSPITALITY TRUST | WIRTH JAMES F | Officer, 10% owner, Other - President & CEO | Real Estate Investment Trusts | BUY | $70,000.00 | 43,478 | $3,043,460,000 | 5,930,161 | +0.7% |
| 2023-01-04 00:59 | 2022-12-29 | N/A | N/A | Susan Lieberman Dell Separate Property Trust | 10% owner | Other | BUY | $21.73 | 106,899 | $2,322,915 | 3,021,799 | +3.7% |
| 2023-01-03 16:20 | 2022-12-30 | CLRD | N/A | Walesa James | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $0.68 | 1,776,436 | $1,199,983 | 3,053,827 | +139.1% |
| 2023-01-04 00:24 | 2022-12-29 | THRX | N/A | Foresite Capital Management V, LLC | 10% owner | Other | BUY | $5.00 | 500,000 | $2,500,000 | 1,209,275 | +70.5% |
| 2023-01-04 01:37 | 2022-12-29 | JYNT | JOINT Corp | Bandera Partners LLC | 10% owner | Patent Owners & Lessors | BUY | $13.63 | 100,936 | $1,375,364 | 2,570,087 | +4.1% |
| 2023-01-04 00:16 | 2022-12-29 | MACK | N/A | Andersen Eric | Director, Other | Other | BUY | $10.67 | 259,936 | $2,774,713 | 306,269 | +561.0% |
| 2023-01-04 01:31 | 2022-12-29 | N/A | N/A | MSD CAPITAL L P | 10% owner | Other | BUY | $21.73 | 463,229 | $10,065,966 | 2,014,533 | +29.9% |
| 2022-12-31 01:46 | 2022-12-28 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path D Fund LP | Other | Retail-Eating Places | BUY | $34.93 | 214,588 | $7,495,666 | 650,501 | +49.2% |
| 2022-12-31 01:45 | 2022-12-28 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path Capital Partners LP | Other | Retail-Eating Places | BUY | $34.93 | 214,588 | $7,495,666 | 650,501 | +49.2% |
| 2022-12-31 00:15 | 2022-12-28 | MDIA | Mediaco Holding Inc. | Standard General L.P. | 10% owner | Radio Broadcasting Stations | BUY | $1.20 | 3,328,728 | $4,000,132 | 16,798,127 | +24.7% |
| 2022-12-31 00:59 | 2022-12-28 | PFSW | N/A | Samaha Eli | 10% owner | Other | BUY | $5.95 | 2,633,000 | $15,657,924 | 2,633,189 | +1,393,121.7% |
| 2022-12-30 03:03 | 2021-12-10 | GTLB | Gitlab Inc. | Makan Divesh | 10% owner | Services-Prepackaged Software | BUY | $74.72 | 388,503 | $29,029,721 | 334,827 | +100.0% |
| 2022-12-30 02:26 | 2022-12-27 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS, L.P. | 10% owner | Ophthalmic Goods | BUY | $47.42 | 191,075 | $9,061,579 | 8,783,082 | +2.2% |
| 2022-12-30 03:41 | 2022-12-27 | UTI | UNIVERSAL TECHNICAL INSTITUTE INC | Coliseum Capital Management, LLC | Director, 10% owner | Services-Educational Services | BUY | $6.41 | 165,020 | $1,057,333 | 381,739 | +76.1% |
| 2022-12-30 02:15 | 2022-12-27 | CHPT | ChargePoint Holdings, Inc. | Q-GRG VII (CP) Investment Partners, LLC | 10% owner, Other | Miscellaneous Transportation Equipment | BUY | $8.28 | 1,436,377 | $11,899,234 | 24,757,128 | +6.2% |
| 2022-12-30 00:37 | 2022-12-27 | CRWD | CrowdStrike Holdings, Inc. | AUSTIN ROXANNE S | Director | Services-Prepackaged Software | BUY | $99.74 | 25,000 | $2,493,500 | 65,419 | +61.9% |
| 2022-12-29 14:25 | 2022-12-23 | IHT | INNSUITES HOSPITALITY TRUST | WIRTH JAMES F | Officer, 10% owner, Other - President & CEO | Real Estate Investment Trusts | BUY | $7,215.00 | 5,000 | $36,075,000 | 5,886,683 | +0.1% |
| 2022-12-30 02:22 | 2022-12-27 | LSAK | LESAKA TECHNOLOGIES INC | Value Capital Partners (Pty) Ltd | Director, 10% owner | Functions Related To Depository Banking, NEC | BUY | $4.12 | 388,770 | $1,601,071 | 15,139,470 | +2.6% |
| 2022-12-28 17:39 | 2022-12-23 | DUOL | Duolingo, Inc. | Durable Capital Partners LP | 10% owner | Services-Prepackaged Software | BUY | $69.77 | 34,611 | $2,414,820 | 3,736,757 | +0.9% |
| 2022-12-28 19:03 | 2022-12-23 | MGNX | MACROGENICS INC | BIOTECH TARGET N V | 10% owner | Pharmaceutical Preparations | BUY | $5.75 | 400,000 | $2,298,600 | 8,929,963 | +4.7% |
| 2022-12-28 05:34 | 2022-12-22 | LCID | Lucid Group, Inc. | PUBLIC INVESTMENT FUND | Director, 10% owner | Motor Vehicles & Passenger Car Bodies | BUY | $10.68 | 85,712,679 | $914,999,991 | 1,100,965,202 | +8.4% |
| 2022-12-28 02:38 | 2022-12-22 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path D Fund LP | Other | Retail-Eating Places | BUY | $34.74 | 410,202 | $14,249,843 | 602,181 | +213.7% |
| 2022-12-28 02:37 | 2022-12-22 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path Capital Partners LP | Other | Retail-Eating Places | BUY | $34.74 | 410,202 | $14,249,843 | 602,181 | +213.7% |
| 2022-12-24 01:44 | 2022-12-23 | TERN | Terns Pharmaceuticals, Inc. | Lu Hongbo | Director | Pharmaceutical Preparations | BUY | $7.25 | 758,620 | $5,499,995 | 4,340,212 | +21.2% |
| 2022-12-24 01:48 | 2022-12-23 | TERN | Terns Pharmaceuticals, Inc. | Vivo Opportunity, LLC | 10% owner | Pharmaceutical Preparations | BUY | $7.25 | 758,620 | $5,499,995 | 4,340,212 | +21.2% |
| 2022-12-23 17:42 | 2022-12-21 | DUOL | Duolingo, Inc. | Durable Capital Partners LP | 10% owner | Services-Prepackaged Software | BUY | $70.94 | 78,388 | $5,561,017 | 3,702,146 | +2.2% |
| 2022-12-23 15:00 | 2022-12-21 | HPK | HighPeak Energy, Inc. | HIGHTOWER JACK | Director, Officer, 10% owner - Chief Executive Officer | Drilling Oil & Gas Wells | BUY | $21.91 | 50,000 | $1,095,460 | 2,774,472 | +1.8% |
| 2022-12-22 22:55 | 2022-12-21 | N/A | N/A | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 10% owner | Other | BUY | $14.76 | 338,753 | $5,000,000 | 1,212,701 | +38.8% |
| 2022-12-22 18:15 | 2022-12-20 | N/A | N/A | UAW Chrysler Retireees Medical Benefits Plan | 10% owner | Other | BUY | $994.97 | 99,500 | $98,999,246 | 180,987 | +122.1% |
| 2022-12-23 03:48 | 2022-12-21 | CRMT | AMERICAS CARMART INC | Peterson Adam K | 10% owner | Retail-Auto Dealers & Gasoline Stations | BUY | $68.72 | 70,000 | $4,810,729 | 720,000 | +10.8% |
| 2022-12-22 20:42 | 2022-12-20 | GRPN | Groupon, Inc. | Barta Jan | Director, 10% owner | Services-Advertising Agencies | BUY | $7.28 | 6,716,966 | $48,899,512 | 6,716,966 | +100.0% |
| 2022-12-23 01:14 | 2022-12-20 | N/A | N/A | SKOLL JEFFREY S | 10% owner | Other | BUY | $14.76 | 194,051 | $2,864,193 | 692,292 | +38.9% |
| 2022-12-23 00:43 | 2022-12-20 | HHC | N/A | Pershing Square Capital Management, L.P. | Director, 10% owner | Other | BUY | $74.56 | 51,452 | $3,836,343 | 15,888,981 | +0.3% |
| 2022-12-21 20:59 | 2022-12-20 | CTM | Castellum, Inc. | Kaunitz Emil | Director | Services-Management Consulting Services | BUY | $5,353.00 | 5,585 | $29,896,505 | 1,999,856 | +0.3% |
| 2022-12-21 23:58 | 2022-12-21 | N/A | N/A | Employees' Retirement System of the State of Hawaii | 10% owner | Other | BUY | $14.76 | 272,696 | $4,025,000 | 972,867 | +38.9% |
| 2022-12-22 00:30 | 2022-12-19 | AGFY | RYTHM, Inc. | Hua Guichao | Director | Agricultural Services | BUY | $85.10 | 54,264 | $4,617,866 | 65,956 | +464.1% |
| 2022-12-22 00:30 | 2022-12-20 | AGFY | RYTHM, Inc. | Chang Raymond Nobu | Director, Officer - CEO and Chairman | Agricultural Services | BUY | $0.65 | 2,307,692 | $1,500,000 | 2,361,538 | +4,285.7% |
| 2022-12-21 19:35 | 2022-12-19 | DUOL | Duolingo, Inc. | Durable Capital Partners LP | 10% owner | Services-Prepackaged Software | BUY | $72.43 | 121,207 | $8,779,581 | 3,623,758 | +3.5% |
| 2022-12-22 04:36 | 2022-12-19 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path D Fund LP | Other | Retail-Eating Places | BUY | $33.51 | 535,000 | $17,926,887 | 509,814 | +100.0% |
| 2022-12-22 04:35 | 2022-12-19 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path Capital Partners LP | Other | Retail-Eating Places | BUY | $33.51 | 535,000 | $17,926,887 | 509,814 | +100.0% |
| 2022-12-22 00:00 | - | COSM | Cosmos Health Inc. | Siokas Grigorios | Director, Officer, 10% owner - Chief Executive Officer | Wholesale-Drugs, Proprietaries & Druggists' Sundries | BUY | $11.50 | 260,870 | $3,000,005 | 1,130,774 | +30.0% |
| 2022-12-22 05:28 | 2022-12-19 | GTN | GRAY MEDIA, INC | ROBINSON HARRIETT J | 10% owner | Television Broadcasting Stations | BUY | $17.82 | 68,750 | $1,225,352 | 1,042,217 | +7.1% |
| 2022-12-22 00:52 | 2022-12-19 | ATXS | Astria Therapeutics, Inc. | PERCEPTIVE ADVISORS LLC | Director | Pharmaceutical Preparations | BUY | $11.01 | 908,265 | $9,999,998 | 1,038,309 | +698.4% |
| 2022-12-21 02:37 | 2022-12-16 | DSGN | Design Therapeutics, Inc. | SR One Capital Fund I Aggregator LP | 10% owner | Pharmaceutical Preparations | BUY | $8.42 | 900,000 | $7,574,040 | 6,526,476 | +16.0% |
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.