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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-08-25 03:26 | 2022-08-24 | NKLA | Nikola Corporation | Milton Trevor R. | 10% owner | Motor Vehicles & Passenger Car Bodies | BUY | $5.80 | 3,000,000 | $17,400,000 | 51,047,726 | +6.2% |
| 2022-08-25 02:06 | 2022-08-22 | FXLV | F45 Training Holdings Inc. | KENNEDY LEWIS MANAGEMENT LP | Director, 10% owner | Wholesale-Professional & Commercial Equipment & Supplies | BUY | $2.30 | 1,405,000 | $3,233,889 | 1,686,107 | +499.8% |
| 2022-08-24 22:50 | 2022-08-19 | JRVS | My City Builders, Inc. | Goodell Yolanda | Director, Officer - Vice President | Real Estate | BUY | $8,772.85 | 19,513 | $171,184,540 | 19,513 | +100.0% |
| 2022-08-24 22:34 | 2022-08-19 | JRVS | My City Builders, Inc. | Pittilloni Francis | Director | Real Estate | BUY | $8,772.85 | 19,513 | $171,184,540 | 19,513 | +100.0% |
| 2022-08-24 23:38 | 2022-08-22 | NSIT | INSIGHT ENTERPRISES INC | ValueAct Holdings, L.P. | Director, 10% owner, Other | Retail-Catalog & Mail-Order Houses | BUY | $94.05 | 92,346 | $8,685,040 | 4,243,173 | +2.2% |
| 2022-08-24 21:59 | 2022-08-22 | N/A | N/A | New Mountain Guardian Investments IV, L.L.C. | 10% owner | Other | BUY | $10.00 | 1,000,000 | $10,000,000 | 2,000,000 | +100.0% |
| 2022-08-24 23:36 | 2022-08-22 | DISH | N/A | DEFRANCO JAMES | Director | Other | BUY | $17.82 | 144,328 | $2,571,925 | 1,050,000 | +15.9% |
| 2022-08-24 00:07 | 2022-08-19 | KIND | Nextdoor Holdings, Inc. | Greylock 16 GP LLC | Other | Services-Computer Programming, Data Processing, Etc. | BUY | $3.31 | 765,000 | $2,534,369 | 824,879 | +1,277.6% |
| 2022-08-23 18:25 | 2022-08-20 | NRDY | Nerdy Inc. | Cohn Charles K. | Director, Officer, 10% owner - Chief Executive Officer | Services-Educational Services | BUY | $3.50 | 5,000,000 | $17,500,000 | 10,000,000 | +100.0% |
| 2022-08-23 23:15 | 2022-08-19 | MGM | MGM Resorts International | IAC Inc. | 10% owner | Hotels & Motels | BUY | $34.28 | 291,700 | $9,998,776 | 64,672,502 | +0.5% |
| 2022-08-23 19:27 | 2022-08-19 | SIX | N/A | Ruchim Arik W | Director, 10% owner | Other | BUY | $23.23 | 500,000 | $11,612,950 | 10,500,000 | +5.0% |
| 2022-08-23 19:29 | 2022-08-19 | SIX | N/A | JAFFER REHAN | 10% owner | Other | BUY | $23.23 | 500,000 | $11,612,950 | 10,500,000 | +5.0% |
| 2022-08-23 23:20 | 2022-08-19 | KIND | Nextdoor Holdings, Inc. | Sze David L | Director | Services-Computer Programming, Data Processing, Etc. | BUY | $3.31 | 765,000 | $2,534,369 | 824,879 | +1,277.6% |
| 2022-08-24 00:35 | 2022-08-22 | KYMR | Kymera Therapeutics, Inc. | BVF PARTNERS L P/IL | Director, Other | Biological Products, (No Diagnostic Substances) | BUY | $26.00 | 545,525 | $14,183,650 | 257,754 | +100.0% |
| 2022-08-24 00:19 | 2022-08-19 | ECL | ECOLAB INC. | GATES WILLIAM H III | 10% owner | Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics | BUY | $171.37 | 58,667 | $10,053,840 | 31,185,554 | +0.2% |
| 2022-08-24 00:03 | 2022-08-19 | DISH | N/A | DEFRANCO JAMES | Director | Other | BUY | $18.12 | 191,735 | $3,473,816 | 905,672 | +26.9% |
| 2022-08-22 15:30 | 2022-08-19 | SRPT | Sarepta Therapeutics, Inc. | Chambers Michael Andrew | Director | Pharmaceutical Preparations | BUY | $108.28 | 46,170 | $4,999,232 | 51,078 | +940.7% |
| 2022-08-23 04:50 | 2022-08-18 | ENDI | ENDI Corp. | Sherman David K. | Director, Officer, 10% owner - Chief Executive Officer | Investment Advice | BUY | $5.37 | 266,500 | $1,430,839 | 200,000 | +100.0% |
| 2022-08-22 22:27 | 2022-08-19 | ABCL | AbCellera Biologics Inc. | Thermopylae Holdings Ltd. | 10% owner | Pharmaceutical Preparations | BUY | $11.46 | 200,000 | $2,292,460 | 55,844,391 | +0.4% |
| 2022-08-23 02:02 | 2022-08-18 | FXLV | F45 Training Holdings Inc. | KENNEDY LEWIS MANAGEMENT LP | Director, 10% owner | Wholesale-Professional & Commercial Equipment & Supplies | BUY | $2.15 | 1,212,712 | $2,610,484 | 860,019 | +100.0% |
| 2022-08-23 01:54 | 2022-08-18 | JELD | JELD-WEN Holding, Inc. | Turtle Creek Asset Management Inc. | 10% owner | Millwood, Veneer, Plywood, & Structural Wood Members | BUY | $12.68 | 81,500 | $1,033,281 | 851,713 | +10.6% |
| 2022-08-23 00:10 | 2022-08-09 | AVYA | N/A | King Theodore Walker Cheng-De | 10% owner | Other | BUY | $0.68 | 2,000,000 | $1,369,200 | 10,998,750 | +22.2% |
| 2022-08-23 02:00 | 2022-08-19 | BHVN | N/A | Bailey Gregory | Director | Other | BUY | $148.04 | 38,000 | $5,625,676 | 2,583,658 | +1.5% |
| 2022-08-22 21:15 | 2022-08-18 | HOMB | HOME BANCSHARES INC | LIEBLONG ALEX R | Director | State Commercial Banks | BUY | $25.04 | 40,000 | $1,001,768 | 40,000 | +100.0% |
| 2022-08-22 16:17 | 2022-08-18 | LIAN | LianBio | PERCEPTIVE ADVISORS LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $2.40 | 998,240 | $2,395,776 | 3,728,491 | +36.6% |
| 2022-08-22 23:22 | 2022-08-18 | NS | N/A | GREEHEY WILLIAM E | Director | Other | BUY | $15.81 | 110,299 | $1,744,279 | 10,014,333 | +1.1% |
| 2022-08-22 23:01 | 2022-08-18 | RPAY | Repay Holdings Corp | KIGHT PETER J | Director | Services-Business Services, NEC | BUY | $9.75 | 108,577 | $1,058,267 | 1,495,559 | +7.8% |
| 2022-08-23 00:36 | 2022-08-18 | DISH | N/A | DEFRANCO JAMES | Director | Other | BUY | $18.11 | 163,637 | $2,963,466 | 713,937 | +29.7% |
| 2022-08-19 13:07 | 2022-08-17 | N/A | N/A | Legacy Knight Strategic Opportunities Fund - SCM Series | 10% owner | Other | BUY | $14.72 | 201,806 | $2,970,584 | 749,633 | +36.8% |
| 2022-08-19 23:05 | 2022-08-17 | KIND | Nextdoor Holdings, Inc. | Greylock 16 GP LLC | Other | Services-Computer Programming, Data Processing, Etc. | BUY | $3.35 | 900,000 | $3,018,420 | 772,859 | +100.0% |
| 2022-08-19 23:57 | 2022-08-17 | ADGI | Invivyd, Inc. | Elia Marc | Director, Other | Biological Products, (No Diagnostic Substances) | BUY | $4.28 | 2,850,000 | $12,194,580 | 9,248,250 | +44.5% |
| 2022-08-19 23:10 | 2022-08-17 | MGM | MGM Resorts International | IAC Inc. | 10% owner | Hotels & Motels | BUY | $35.28 | 283,400 | $9,996,935 | 64,380,802 | +0.4% |
| 2022-08-19 23:32 | 2022-08-17 | VRDN | Viridian Therapeutics, Inc.\DE | Fairmount Funds Management LLC | Director, 10% owner, Other | Pharmaceutical Preparations | BUY | $23.50 | 425,531 | $9,999,979 | 1,363,764 | +45.4% |
| 2022-08-19 23:07 | 2022-08-17 | TELA | TELA Bio, Inc. | EW HEALTHCARE PARTNERS FUND 2, L.P. | Other | Surgical & Medical Instruments & Apparatus | BUY | $8.00 | 500,000 | $4,000,000 | 4,105,709 | +13.9% |
| 2022-08-19 23:23 | 2022-08-17 | KIND | Nextdoor Holdings, Inc. | Sze David L | Director | Services-Computer Programming, Data Processing, Etc. | BUY | $3.35 | 900,000 | $3,018,420 | 772,859 | +100.0% |
| 2022-08-19 23:15 | 2022-08-17 | ECL | ECOLAB INC. | GATES WILLIAM H III | 10% owner | Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics | BUY | $174.97 | 112,325 | $19,653,146 | 31,126,887 | +0.4% |
| 2022-08-20 00:12 | 2022-08-17 | DISH | N/A | DEFRANCO JAMES | Director | Other | BUY | $18.53 | 160,373 | $2,971,712 | 550,300 | +41.1% |
| 2022-08-18 23:40 | 2022-08-09 | RBT | N/A | Atalaya Capital Management LP | 10% owner | Other | BUY | $10.15 | 381,781 | $3,875,077 | 288,739 | +100.0% |
| 2022-08-18 21:01 | 2022-08-17 | XCLIX | N/A | THRIVENT FINANCIAL FOR LUTHERANS | 10% owner | Other | BUY | $9.40 | 117,021 | $1,100,000 | 2,735,441 | +4.5% |
| 2022-08-18 18:52 | 2022-08-16 | RBBN | Ribbon Communications Inc. | Swarth Investments Ltd. | 10% owner | Services-Computer Integrated Systems Design | BUY | $3.05 | 1,639,344 | $4,999,999 | 27,435,739 | +6.4% |
| 2022-08-18 23:17 | 2022-08-16 | INAB | IN8BIO, INC. | FAIRBAIRN EMILY | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $1.90 | 789,473 | $1,499,999 | 4,111,958 | +23.8% |
| 2022-08-18 23:36 | 2022-08-16 | SMMT | Summit Therapeutics Inc. | Zanganeh Maky | Director, Officer - Co-CEO & President | Pharmaceutical Preparations | BUY | $0.97 | 5,809,132 | $5,634,858 | 3,135,466 | +100.0% |
| 2022-08-18 18:11 | 2022-08-17 | MSBI | Midland States Bancorp, Inc. | McDaniel Jerry L. | Director | State Commercial Banks | BUY | $25.00 | 40,000 | $1,000,000 | 20,000 | +100.0% |
| 2022-08-18 23:50 | 2022-08-16 | TERN | Terns Pharmaceuticals, Inc. | GORDON CARL L | Director, 10% owner | Pharmaceutical Preparations | BUY | $2.42 | 3,690,000 | $8,929,800 | 762,400 | +100.0% |
| 2022-08-19 00:10 | 2022-08-16 | CERE | N/A | PERCEPTIVE ADVISORS LLC | Director | Other | BUY | $35.00 | 1,425,000 | $49,875,000 | 6,511,727 | +28.0% |
| 2022-08-18 23:10 | 2022-08-16 | TCBI | TEXAS CAPITAL BANCSHARES INC/TX | STALLINGS ROBERT W | Director | State Commercial Banks | BUY | $64.79 | 19,000 | $1,231,090 | 157,000 | +13.8% |
| 2022-08-19 00:00 | 2022-08-16 | TERN | Terns Pharmaceuticals, Inc. | ORBIMED ADVISORS LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $2.42 | 3,690,000 | $8,929,800 | 762,400 | +100.0% |
| 2022-08-18 23:38 | 2022-08-16 | SMMT | Summit Therapeutics Inc. | DUGGAN ROBERT W | Director, Officer - Chief Executive Officer | Pharmaceutical Preparations | BUY | $0.97 | 94,849,203 | $92,003,727 | 162,532,792 | +140.1% |
| 2022-08-18 01:18 | 2022-08-15 | KIND | Nextdoor Holdings, Inc. | Greylock 16 GP LLC | Other | Services-Computer Programming, Data Processing, Etc. | BUY | $3.22 | 1,528,500 | $4,921,464 | 711,659 | +100.0% |
| 2022-08-17 23:16 | 2022-08-15 | MGM | MGM Resorts International | IAC Inc. | 10% owner | Hotels & Motels | BUY | $35.73 | 279,800 | $9,996,834 | 64,097,402 | +0.4% |
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.