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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-08-17 20:56 | 2022-08-15 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $15.99 | 187,615 | $3,000,004 | 7,171,582 | +2.7% |
| 2022-08-17 20:40 | 2022-08-15 | N-A | N/A | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $15.99 | 312,692 | $5,000,007 | 3,839,182 | +8.9% |
| 2022-08-17 17:25 | 2022-08-16 | INAB | IN8BIO, INC. | Fletcher Aaron G.L. | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $1.90 | 1,773,684 | $3,370,000 | 540,287 | +100.0% |
| 2022-08-17 17:27 | 2022-08-16 | INAB | IN8BIO, INC. | Kreis Leslie W. | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $1.90 | 1,773,684 | $3,370,000 | 540,287 | +100.0% |
| 2022-08-18 03:01 | 2022-08-15 | CINC | N/A | 5AM Partners VI, LLC | 10% owner | Other | BUY | $30.00 | 600,000 | $18,000,000 | 487,333 | +100.0% |
| 2022-08-17 23:19 | 2022-08-15 | CINC | N/A | Sofinnova Partners SAS | 10% owner | Other | BUY | $30.00 | 133,333 | $3,999,990 | 4,220,979 | +3.3% |
| 2022-08-18 04:54 | 2022-06-17 | GRPN | Groupon, Inc. | Maple Rock Capital Partners Inc. | 10% owner | Services-Advertising Agencies | BUY | $14.46 | 266,000 | $3,845,083 | 2,676,700 | +11.0% |
| 2022-08-18 01:01 | 2022-08-15 | NSIT | INSIGHT ENTERPRISES INC | ValueAct Holdings, L.P. | Director, 10% owner, Other | Retail-Catalog & Mail-Order Houses | BUY | $94.06 | 51,601 | $4,853,678 | 4,150,827 | +1.3% |
| 2022-08-17 23:16 | 2022-08-15 | KIND | Nextdoor Holdings, Inc. | Sze David L | Director | Services-Computer Programming, Data Processing, Etc. | BUY | $3.22 | 1,528,500 | $4,921,464 | 711,659 | +100.0% |
| 2022-08-17 23:03 | 2022-08-15 | VRNA | N/A | Access Industries Holdings LLC | 10% owner | Other | BUY | $1.31 | 4,800,000 | $6,300,000 | 55,911,648 | +9.4% |
| 2022-08-18 00:23 | 2022-08-15 | FOX | Fox Corp | MURDOCH LACHLAN K | Director, Officer - Executive Chair, CEO | Television Broadcasting Stations | BUY | $36.50 | 126,773 | $4,627,215 | 815,335 | +18.4% |
| 2022-08-17 23:44 | 2022-08-15 | AAT | American Assets Trust, Inc. | RADY ERNEST S | Director, Officer, 10% owner - Chairman & CEO | Real Estate Investment Trusts | BUY | $30.31 | 56,700 | $1,718,690 | 6,717,484 | +0.9% |
| 2022-08-17 23:16 | 2022-08-15 | ECL | ECOLAB INC. | GATES WILLIAM H III | 10% owner | Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics | BUY | $176.64 | 143,879 | $25,415,290 | 31,014,562 | +0.5% |
| 2022-08-17 03:43 | 2022-08-12 | TMC | TMC the metals Co Inc. | Karkar Andrei | Director, 10% owner | Metal Mining | BUY | $0.80 | 6,250,000 | $5,000,000 | 51,955,976 | +13.7% |
| 2022-08-16 23:05 | 2022-08-12 | NN | NEXTNAV INC. | Presutti Timothy M. | 10% owner | Search, Detection, Navigation, Guidance, Aeronautical Sys | BUY | $3.05 | 670,765 | $2,044,693 | 670,765 | +100.0% |
| 2022-08-17 03:30 | 2022-08-12 | TERN | Terns Pharmaceuticals, Inc. | Lu Hongbo | Director | Pharmaceutical Preparations | BUY | $2.66 | 2,624,239 | $6,980,213 | 2,981,592 | +734.4% |
| 2022-08-17 01:24 | 2022-08-11 | RBBN | Ribbon Communications Inc. | JPMORGAN CHASE & CO | 10% owner | Services-Computer Integrated Systems Design | BUY | $3.05 | 1,642,673 | $5,010,974 | 51,594,927 | +3.3% |
| 2022-08-16 23:12 | 2022-05-20 | N/A | N/A | Sebastian Terry | Director | Other | BUY | $9.81 | 1,732,908 | $17,000,001 | 19,225,344 | +9.9% |
| 2022-08-17 03:44 | 2022-08-12 | TERN | Terns Pharmaceuticals, Inc. | Vivo Opportunity, LLC | 10% owner | Pharmaceutical Preparations | BUY | $2.66 | 2,624,239 | $6,980,213 | 2,981,592 | +734.4% |
| 2022-08-16 23:05 | 2022-08-16 | TELA | TELA Bio, Inc. | Opaleye Management Inc. | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $8.00 | 315,000 | $2,520,000 | 120,000 | +100.0% |
| 2022-08-16 23:53 | 2022-08-12 | QTRX | Quanterix Corp | Toloue Masoud | Director, Officer - President & CEO | Laboratory Analytical Instruments | BUY | $10.43 | 105,000 | $1,095,150 | 185,823 | +129.9% |
| 2022-08-16 23:24 | 2022-08-12 | SAVA | FILANA THERAPEUTICS, INC. | ROBERTSON SANFORD | Director | Pharmaceutical Preparations | BUY | $20.69 | 100,000 | $2,069,000 | 1,024,765 | +10.8% |
| 2022-08-16 00:03 | 2022-08-11 | GRNA | N/A | Walker Matthew Allen | Director, 10% owner | Other | BUY | $3.92 | 6,441,326 | $25,249,998 | 22,220,572 | +40.8% |
| 2022-08-15 23:18 | 2022-08-11 | KIND | Nextdoor Holdings, Inc. | Greylock 16 GP LLC | Other | Services-Computer Programming, Data Processing, Etc. | BUY | $2.98 | 3,100,000 | $9,247,920 | 607,721 | +100.0% |
| 2022-08-16 00:54 | 2022-08-11 | MGM | MGM Resorts International | IAC Inc. | 10% owner | Hotels & Motels | BUY | $35.23 | 283,700 | $9,994,609 | 63,817,602 | +0.4% |
| 2022-08-16 00:12 | 2022-08-11 | GRNA | N/A | Builders Vision, LLC | 10% owner | Other | BUY | $3.92 | 6,505,102 | $25,500,000 | 22,348,123 | +41.1% |
| 2022-08-15 22:46 | 2022-08-11 | CINC | N/A | Sofinnova Venture Partners X, L.P. | 10% owner | Other | BUY | $30.00 | 500,000 | $15,000,000 | 6,073,949 | +9.0% |
| 2022-08-16 01:27 | 2022-08-12 | SIX | N/A | Ruchim Arik W | Director, 10% owner | Other | BUY | $23.82 | 525,000 | $12,504,555 | 10,000,000 | +5.5% |
| 2022-08-16 01:48 | 2022-08-11 | GRNA | N/A | Morningside Venture Investments Ltd | 10% owner | Other | BUY | $3.92 | 3,061,224 | $11,999,998 | 15,919,155 | +23.8% |
| 2022-08-16 01:36 | 2022-08-12 | SIX | N/A | JAFFER REHAN | 10% owner | Other | BUY | $23.82 | 525,000 | $12,504,555 | 10,000,000 | +5.5% |
| 2022-08-15 21:22 | 2022-08-11 | CINC | N/A | GENERAL ATLANTIC GENPAR (BERMUDA), L.P. | 10% owner | Other | BUY | $30.00 | 83,000 | $2,490,000 | 4,209,470 | +2.0% |
| 2022-08-15 23:42 | 2022-08-11 | KIND | Nextdoor Holdings, Inc. | Sze David L | Director | Services-Computer Programming, Data Processing, Etc. | BUY | $2.98 | 3,100,000 | $9,247,920 | 607,721 | +100.0% |
| 2022-08-15 22:45 | 2022-08-11 | CINC | N/A | HEALY JAMES | Director, 10% owner | Other | BUY | $30.00 | 506,000 | $15,180,000 | 6,000 | +100.0% |
| 2022-08-15 23:46 | 2022-08-11 | ECL | ECOLAB INC. | GATES WILLIAM H III | 10% owner | Soap, Detergents, Cleang Preparations, Perfumes, Cosmetics | BUY | $171.80 | 185,129 | $31,805,051 | 30,870,683 | +0.6% |
| 2022-08-15 21:21 | 2022-08-11 | CINC | N/A | GENERAL ATLANTIC, L.P. | 10% owner | Other | BUY | $30.00 | 83,000 | $2,490,000 | 4,209,470 | +2.0% |
| 2022-08-12 16:20 | 2022-08-10 | GIM | Saba Capital Income & Opportunities Fund II | FRANKLIN RESOURCES INC | Other | Other | BUY | $4.83 | 217,934 | $1,053,014 | 4,036,440 | +5.7% |
| 2022-08-12 23:17 | 2022-08-10 | KWR | QUAKER CHEMICAL CORP | QH Hungary Holdings Ltd | 10% owner | Miscellaneous Products of Petroleum & Coal | BUY | $184.27 | 50,000 | $9,213,470 | 3,992,377 | +1.3% |
| 2022-08-12 23:18 | 2022-08-10 | KWR | QUAKER CHEMICAL CORP | Gulf Hungary Holding Korlatolt Felelossegu Tarsasag | 10% owner | Miscellaneous Products of Petroleum & Coal | BUY | $184.27 | 50,000 | $9,213,470 | 3,992,377 | +1.3% |
| 2022-08-12 22:38 | 2020-10-20 | EAR | N/A | Wu David James | Director | Other | BUY | $18.00 | 111,111 | $1,999,998 | 1,552,379 | +7.7% |
| 2022-08-12 17:05 | 2022-08-10 | CNFR | Presurance Holdings, Inc. | Hakala Jeffrey Anthony | Director | Fire, Marine & Casualty Insurance | BUY | $2.00 | 1,500,000 | $3,000,000 | 3,635,769 | +70.2% |
| 2022-08-12 17:03 | 2022-08-10 | CNFR | Presurance Holdings, Inc. | Clarkston Ventures, LLC | 10% owner | Fire, Marine & Casualty Insurance | BUY | $2.00 | 1,500,000 | $3,000,000 | 3,635,769 | +70.2% |
| 2022-08-12 19:06 | 2022-08-11 | RDUS | N/A | Rubric Capital Management LP | 10% owner | Other | BUY | $10.07 | 1,678,954 | $16,907,067 | 8,642,271 | +24.1% |
| 2022-08-12 21:16 | 2022-08-10 | JANL | JANEL CORP | van Kesteren Gerard | Director | Services-Business Services, NEC | BUY | $45.00 | 30,112 | $1,355,040 | 78,787 | +61.9% |
| 2022-08-12 20:35 | 2022-08-10 | JANL | JANEL CORP | Oaxaca Group L.L.C. | 10% owner | Services-Business Services, NEC | BUY | $45.00 | 36,146 | $1,626,570 | 483,793 | +8.1% |
| 2022-08-12 17:53 | 2022-08-10 | CNFR | Presurance Holdings, Inc. | PETCOFF JAMES G | Director, Officer, 10% owner - Executive Chairman and Co-CEO | Fire, Marine & Casualty Insurance | BUY | $2.00 | 750,000 | $1,500,000 | 2,898,607 | +34.9% |
| 2022-08-12 23:16 | 2022-08-12 | N-A | N/A | BLACKROCK FINANCIAL MANAGEMENT INC/DE | 10% owner | Other | BUY | $23.49 | 851,426 | $19,999,997 | 851,426 | +100.0% |
| 2022-08-11 19:40 | 2022-08-11 | N/A | N/A | UAW Chrysler Retireees Medical Benefits Plan | 10% owner | Other | BUY | $997.52 | 24,811 | $24,749,808 | 114,123 | +27.8% |
| 2022-08-12 01:54 | 2022-08-09 | OPAD | Offerpad Solutions Inc. | Sella Roberto Marco | Director | Real Estate Agents & Managers (For Others) | BUY | $1.69 | 1,000,000 | $1,692,300 | 1,378,106 | +264.5% |
| 2022-08-12 01:15 | 2022-08-09 | HUBG | Hub Group, Inc. | Yeager Phillip D | Officer - President, COO | Arrangement of Transportation of Freight & Cargo | BUY | $104.99 | 28,339 | $2,975,312 | 28,339 | +100.0% |
| 2022-08-11 13:00 | 2022-08-09 | ET | Energy Transfer LP | WARREN KELCY L | Director, Officer - Executive Chairman | Natural Gas Transmission | BUY | $10.94 | 1,591,092 | $17,406,546 | 49,578,477 | +3.3% |
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.