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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-12-21 00:03 | 2022-12-16 | REFLX | N/A | Allianz Fund Investments, Inc. | 10% owner | Other | BUY | $10.07 | 1,489,573 | $15,000,000 | 2,989,573 | +99.3% |
| 2022-12-21 02:45 | 2022-12-16 | DSGN | Design Therapeutics, Inc. | George Simeon | Director, 10% owner | Pharmaceutical Preparations | BUY | $8.42 | 900,000 | $7,574,040 | 6,526,476 | +16.0% |
| 2022-12-21 01:42 | 2022-12-13 | ERAS | Erasca, Inc. | Chen Bihua | Director | Pharmaceutical Preparations | BUY | $6.50 | 307,692 | $1,999,998 | 10,813,246 | +2.9% |
| 2022-12-21 00:58 | 2021-12-29 | HYPR | Hyperfine, Inc. | HC Sponsor LLC | 10% owner | Electromedical & Electrotherapeutic Apparatus | BUY | $5.44 | 250,000 | $1,359,250 | 1,250,000 | +25.0% |
| 2022-12-20 22:47 | 2022-01-28 | NXPL | NextPlat Corp | Miller John Edward | Director | Telephone Communications (No Radiotelephone) | BUY | $9,775.20 | 3,000 | $29,325,600 | 23,000 | +15.0% |
| 2022-12-20 20:47 | 2022-12-14 | NXPL | NextPlat Corp | Phipps David | Director, Officer - President/CEO of Global Ops | Telephone Communications (No Radiotelephone) | BUY | $49,875.00 | 28,500 | $1,421,437,500 | 421,788 | +7.2% |
| 2022-12-20 20:47 | 2022-12-14 | NXPL | NextPlat Corp | Fernandez Charles M. | Director, Officer, 10% owner - Chairman & CEO | Telephone Communications (No Radiotelephone) | BUY | $1,899,999.50 | 1,085,714 | $2,062,856,057,143 | 3,658,667 | +42.2% |
| 2022-12-20 20:46 | 2022-12-14 | NXPL | NextPlat Corp | Barreto Rodney | Director | Telephone Communications (No Radiotelephone) | BUY | $1,899,999.50 | 1,085,714 | $2,062,856,057,143 | 1,476,085 | +278.1% |
| 2022-12-20 01:31 | 2022-12-15 | WRAC | N/A | Williams David Brewster | Director, Officer, 10% owner - Co- Chief Executive Officer | Other | BUY | $10.20 | 741,921 | $7,564,775 | 231,521 | +100.0% |
| 2022-12-20 00:54 | 2022-12-15 | XCUR | EXICURE, INC. | CBI USA, Inc. | 10% owner | Pharmaceutical Preparations | BUY | $1.60 | 3,400,000 | $5,440,000 | 4,218,299 | +415.5% |
| 2022-12-20 00:31 | 2022-12-16 | NSA | National Storage Affiliates Trust | Nordhagen Arlen Dale | Director, Officer - Executive Chairman | Real Estate Investment Trusts | BUY | $36.76 | 33,500 | $1,231,316 | 4,098,351 | +0.8% |
| 2022-12-20 02:43 | 2022-12-15 | SOFI | SoFi Technologies, Inc. | Noto Anthony | Director, Officer - Chief Executive Officer | Finance Services | BUY | $4.59 | 525,000 | $2,411,220 | 5,658,612 | +10.2% |
| 2022-12-20 04:53 | 2022-12-15 | VCTR | Victory Capital Holdings, Inc. | Brown David Craig | Officer - Chairman and CEO | Investment Advice | BUY | $26.97 | 60,000 | $1,618,398 | 2,228,137 | +2.8% |
| 2022-12-19 18:41 | 2022-12-15 | DUOL | Duolingo, Inc. | Durable Capital Partners LP | 10% owner | Services-Prepackaged Software | BUY | $72.86 | 105,187 | $7,664,093 | 3,502,551 | +3.1% |
| 2022-12-20 00:35 | 2022-12-15 | MASI | MASIMO CORP | KIANI JOE E | Director, Officer - CEO and Chairman of the Board | Electromedical & Electrotherapeutic Apparatus | BUY | $144.79 | 7,040 | $1,019,353 | 46,818 | +17.7% |
| 2022-12-19 14:19 | 2022-12-16 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer, 10% owner - Chairman and Co-CEO | Investment Advice | BUY | $40.13 | 120,000 | $4,815,612 | 6,213,456 | +2.0% |
| 2022-12-16 21:22 | 2022-12-15 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $16.00 | 624,980 | $9,999,994 | 9,558,839 | +7.0% |
| 2022-12-16 21:10 | 2022-12-15 | N-A | N/A | Manulife (International) Ltd | 10% owner | Other | BUY | $16.00 | 187,494 | $2,999,998 | 6,655,574 | +2.9% |
| 2022-12-16 20:46 | 2022-12-15 | N-A | N/A | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $16.00 | 312,490 | $4,999,997 | 5,786,133 | +5.7% |
| 2022-12-16 23:44 | 2022-12-15 | OSG | N/A | Norton Samuel H | Director, Officer - President and CEO | Other | BUY | $2.92 | 350,000 | $1,022,000 | 2,447,009 | +16.7% |
| 2022-12-17 02:36 | 2022-12-14 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path D Fund LP | Other | Retail-Eating Places | BUY | $34.28 | 353,500 | $12,116,743 | 389,346 | +986.2% |
| 2022-12-17 02:33 | 2022-12-14 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path Capital Partners LP | Other | Retail-Eating Places | BUY | $34.28 | 353,500 | $12,116,743 | 389,346 | +986.2% |
| 2022-12-17 01:15 | 2022-12-14 | GBLI | Global Indemnity Group, LLC | Tolman Gary Charles | Director | Fire, Marine & Casualty Insurance | BUY | $24.17 | 138,151 | $3,339,110 | 46,151 | +100.0% |
| 2022-12-17 00:41 | 2022-12-14 | FULC | Fulcrum Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $5.44 | 2,403,049 | $13,073,788 | 9,403,049 | +34.3% |
| 2022-12-17 04:17 | 2022-12-14 | UTI | UNIVERSAL TECHNICAL INSTITUTE INC | Coliseum Capital Management, LLC | Director, 10% owner | Services-Educational Services | BUY | $6.24 | 216,719 | $1,351,503 | 216,719 | +100.0% |
| 2022-12-16 00:45 | 2022-10-06 | SOFIX | N/A | Mount Logan Management LLC | 10% owner | Other | BUY | $10.05 | 398,010 | $4,000,000 | 0 | +100.0% |
| 2022-12-15 17:51 | 2022-12-13 | DUOL | Duolingo, Inc. | Durable Capital Partners LP | 10% owner | Services-Prepackaged Software | BUY | $72.77 | 35,451 | $2,579,890 | 3,397,364 | +1.1% |
| 2022-12-16 02:37 | 2022-12-13 | FRSH | Freshworks Inc. | Accel Leaders 3 GP Associates L.L.C. | Other | Services-Prepackaged Software | BUY | $14.92 | 125,901 | $1,878,279 | 185,733 | +210.4% |
| 2022-12-15 19:09 | 2022-12-13 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $28.87 | 70,684 | $2,040,647 | 1,889,327 | +3.9% |
| 2022-12-15 22:51 | 2022-12-14 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer, 10% owner - Chairman and Co-CEO | Investment Advice | BUY | $41.31 | 63,527 | $2,624,148 | 6,093,456 | +1.1% |
| 2022-12-16 02:40 | 2022-12-13 | FRSH | Freshworks Inc. | GANDHI SAMEER K | Director, 10% owner | Services-Prepackaged Software | BUY | $14.92 | 125,901 | $1,878,279 | 185,733 | +210.4% |
| 2022-12-15 00:30 | 2022-12-12 | GOCO | GoHealth, Inc. | CB Blizzard Holdings C, L.P. | 10% owner | Insurance Agents, Brokers & Service | BUY | $16.18 | 106,131 | $1,717,560 | 4,179,850 | +2.6% |
| 2022-12-15 00:55 | 2022-12-12 | DYN | Dyne Therapeutics, Inc. | Atlas Venture Opportunity Fund II, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $10.70 | 934,581 | $10,000,017 | 934,581 | +100.0% |
| 2022-12-14 23:06 | 2022-12-13 | FBK | FB Financial Corp | Ayers James W. | 10% owner, Other | State Commercial Banks | BUY | $39.06 | 50,000 | $1,953,000 | 10,754,991 | +0.5% |
| 2022-12-15 00:31 | 2022-12-12 | NSA | National Storage Affiliates Trust | Meisinger Chad LeRoy | Director | Real Estate Investment Trusts | BUY | $39.11 | 55,000 | $2,151,050 | 95,750 | +135.0% |
| 2022-12-15 00:56 | 2022-12-12 | DYN | Dyne Therapeutics, Inc. | Rhodes Jason P | Director | Pharmaceutical Preparations | BUY | $10.70 | 934,581 | $10,000,017 | 934,581 | +100.0% |
| 2022-12-15 00:35 | 2022-12-12 | GOCO | GoHealth, Inc. | CCP III Cayman GP Ltd. | 10% owner | Insurance Agents, Brokers & Service | BUY | $16.18 | 106,131 | $1,717,560 | 4,179,850 | +2.6% |
| 2022-12-15 00:30 | 2022-12-13 | WLDN | Willdan Group, Inc. | Forager Fund, L.P. | 10% owner | Services-Engineering Services | BUY | $16.02 | 83,100 | $1,331,304 | 1,461,681 | +6.0% |
| 2022-12-15 00:05 | 2022-12-14 | HROW | HARROW, INC. | Opaleye Management Inc. | 10% owner | Pharmaceutical Preparations | BUY | $10.52 | 431,183 | $4,536,045 | 175,000 | +100.0% |
| 2022-12-14 00:11 | 2022-12-09 | N/A | N/A | UAW Chrysler Retireees Medical Benefits Plan | 10% owner | Other | BUY | $5,205.00 | 4,755 | $24,749,999 | 10,196 | +87.4% |
| 2022-12-14 02:21 | 2022-12-09 | SOFI | SoFi Technologies, Inc. | Noto Anthony | Director, Officer - Chief Executive Officer | Finance Services | BUY | $4.42 | 1,134,065 | $5,009,279 | 5,087,751 | +28.7% |
| 2022-12-14 00:47 | 2022-12-09 | CELC | Celcuity Inc. | Sullivan Brian F. | Director, Officer, 10% owner - Chief Executive Officer | Services-Medical Laboratories | BUY | $5.75 | 260,869 | $1,499,997 | 3,016,643 | +9.5% |
| 2022-12-14 02:13 | 2022-12-09 | WWW | WOLVERINE WORLD WIDE INC /DE/ | BOROMISA JEFFREY M | Director | Footwear, (No Rubber) | BUY | $10.49 | 100,000 | $1,049,000 | 156,900 | +175.7% |
| 2022-12-12 23:36 | 2022-12-08 | N/A | N/A | Pontus Holdings Ltd. | 10% owner | Other | BUY | $10.00 | 300,000 | $3,000,000 | 900,000 | +50.0% |
| 2022-12-13 01:06 | 2022-12-08 | GOCO | GoHealth, Inc. | CB Blizzard Holdings C, L.P. | 10% owner | Insurance Agents, Brokers & Service | BUY | $14.52 | 85,269 | $1,238,157 | 4,073,719 | +2.1% |
| 2022-12-13 00:33 | 2022-12-08 | N/A | N/A | Pension Fund for State Employees | 10% owner | Other | BUY | $10.00 | 400,000 | $4,000,000 | 1,213,479 | +49.2% |
| 2022-12-13 04:36 | 2022-04-20 | NA | N/A | Munoz John R | 10% owner | Other | BUY | $3.00 | 918,800 | $2,756,400 | 25,943,800 | +3.7% |
| 2022-12-13 01:49 | 2022-12-08 | FRSH | Freshworks Inc. | Accel Leaders 3 GP Associates L.L.C. | Other | Services-Prepackaged Software | BUY | $14.85 | 590,000 | $8,761,500 | 178,909 | +100.0% |
| 2022-12-13 05:40 | 2022-12-08 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path D Fund LP | Other | Retail-Eating Places | BUY | $34.66 | 287,961 | $9,979,461 | 309,747 | +1,321.8% |
| 2022-12-13 05:31 | 2022-12-08 | PLAY | Dave & Buster's Entertainment, Inc. | Hill Path Capital Partners LP | Other | Retail-Eating Places | BUY | $34.66 | 287,961 | $9,979,461 | 309,747 | +1,321.8% |
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.