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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-02-18 05:14 | 2026-02-10 | ERNA | Ernexa Therapeutics Inc. | Cherington Charles | 10% owner | Pharmaceutical Preparations | BUY | $0.50 | 4,000,000 | $2,000,000 | 6,779,440 | +143.9% |
| 2026-02-18 05:00 | 2026-02-12 | SONO | Sonos Inc | Coliseum Capital Management, LLC | 10% owner | Household Audio & Video Equipment | BUY | $15.73 | 647,210 | $10,180,613 | 16,310,563 | +4.1% |
| 2026-02-18 04:42 | 2026-02-12 | CMIIU | Columbus Circle Capital Corp II | COLUMBUS CIRCLE 2 SPONSOR Corp LLC | 10% owner | Blank Checks | BUY | $10.00 | 265,000 | $2,650,000 | 265,000 | +100.0% |
| 2026-02-18 04:15 | 2025-12-18 | KLRS | Kalaris Therapeutics, Inc. | AKKARAJU SRINIVAS | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $10.42 | 479,847 | $5,000,006 | 1,979,847 | +32.0% |
| 2026-02-18 02:02 | 2026-02-13 | MSCI | MSCI Inc. | Fernandez Henry A | Director, Officer - Chairman and CEO | Services-Business Services, NEC | BUY | $523.56 | 6,800 | $3,560,239 | 1,493,847 | +0.5% |
| 2026-02-17 23:11 | 2026-02-12 | ASA | ASA Gold and Precious Metals Limited | Saba Capital Management, L.P. | 10% owner | Other | BUY | $70.37 | 134,093 | $9,436,460 | 5,903,701 | +2.3% |
| 2026-02-17 21:35 | 2026-02-12 | COCH | Envoy Medical, Inc. | TAYLOR GLEN A | 10% owner | Orthopedic, Prosthetic & Surgical Appliances & Supplies | BUY | $0.40 | 18,750,000 | $7,500,000 | 21,703,607 | +634.8% |
| 2026-02-17 16:01 | 2026-02-13 | XFLH | XFLH Capital Corp | XFLH Holdings Ltd | 10% owner | Blank Checks | BUY | $10.00 | 154,970 | $1,549,700 | 3,818,303 | +4.2% |
| 2026-02-17 14:01 | 2026-02-15 | VANI | Vivani Medical, Inc. | Williams Gregg | Director, 10% owner | Electromedical & Electrotherapeutic Apparatus | BUY | $1.06 | 1,866,492 | $1,983,334 | 29,781,952 | +6.7% |
| 2026-02-13 23:56 | 2026-02-13 | NDAQ | NASDAQ, INC. | INVESTOR AB | 10% owner | Security & Commodity Brokers, Dealers, Exchanges & Services | BUY | $79.18 | 200,000 | $15,835,040 | 58,382,426 | +0.3% |
| 2026-02-14 04:30 | 2026-02-12 | WRB | BERKLEY W R CORP | MITSUI SUMITOMO INSURANCE CO LTD | 10% owner | Fire, Marine & Casualty Insurance | BUY | $70.93 | 40,000 | $2,837,252 | 56,596,652 | +0.1% |
| 2026-02-14 01:24 | 2025-11-18 | PSNL | Personalis, Inc. | Tempus AI, Inc. | 10% owner | Services-Medical Laboratories | BUY | $8.55 | 320,267 | $2,739,180 | 13,039,067 | +2.5% |
| 2026-02-14 00:45 | 2026-02-12 | ARE | Alexandria Real Estate Equities, Inc. | MARCUS JOEL S | Director, Officer - Executive Chairman | Real Estate Investment Trusts | BUY | $53.92 | 25,000 | $1,347,890 | 562,724 | +4.6% |
| 2026-02-13 19:09 | 2026-02-12 | NFRX | N/A | Harrison Street Real Assets Fund LLC | 10% owner | Other | BUY | $26.93 | 1,485,332 | $39,999,991 | 3,822,021 | +63.6% |
| 2026-02-13 15:00 | 2026-02-11 | PSEC | PROSPECT CAPITAL CORP | Eliasek M Grier | Director, Officer - Chief Operating Officer | Other | BUY | $2.92 | 942,800 | $2,749,770 | 3,443,930 | +37.7% |
| 2026-02-13 04:35 | 2026-02-10 | THS | TreeHouse Foods Inc. | Silver Point Capital L.P. | 10% owner | Canned, Frozen & Preservd Fruit, Veg & Food Specialties | BUY | $24.54 | 357,917 | $8,783,283 | 5,408,000 | +7.1% |
| 2026-02-13 03:52 | 2026-02-10 | RDDT | Reddit, Inc. | FARRELL SARAH E | Director | Services-Computer Processing & Data Preparation | BUY | $148.16 | 50,500 | $7,482,141 | 50,500 | +100.0% |
| 2026-02-13 03:49 | 2026-02-10 | IMDX | Insight Molecular Diagnostics Inc. | BROADWOOD PARTNERS, L.P. | 10% owner | In Vitro & In Vivo Diagnostic Substances | BUY | $5.75 | 521,739 | $2,999,999 | 11,931,839 | +4.6% |
| 2026-02-13 01:15 | 2026-02-11 | NBHC | National Bank Holdings Corp | Steinmetz John | Officer - Exec Mng Dir of Strategic Init | National Commercial Banks | BUY | $41.41 | 24,200 | $1,002,122 | 536,504 | +4.7% |
| 2026-02-13 00:34 | 2026-02-10 | AON | Aon plc | KNIGHT LESTER B | Director | Insurance Agents, Brokers & Service | BUY | $319.24 | 4,000 | $1,276,956 | 143,000 | +2.9% |
| 2026-02-13 00:12 | 2026-02-10 | FIEE | FiEE, Inc. | Elements Corporate Services Ltd | 10% owner | Telephone & Telegraph Apparatus | BUY | $1.29 | 2,138,181 | $2,758,253 | 3,119,830 | +217.8% |
| 2026-02-12 23:39 | 2026-02-12 | MAT | MATTEL INC /DE/ | Kreiz Ynon | Director, Officer - Chairman & CEO | Dolls & Stuffed Toys | BUY | $15.53 | 65,000 | $1,009,301 | 1,794,217 | +3.8% |
| 2026-02-12 18:06 | 2026-02-11 | ASA | ASA Gold and Precious Metals Limited | Saba Capital Management, L.P. | 10% owner | Other | BUY | $72.09 | 40,222 | $2,899,604 | 5,769,608 | +0.7% |
| 2026-02-12 00:07 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Khan Bilal Arshad | Director | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 135,000 | $2,160,000 | 251,427 | +116.0% |
| 2026-02-12 00:09 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Pardo Geoffrey B | Director | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 312,500 | $5,000,000 | 2,187,513 | +16.7% |
| 2026-02-12 04:30 | 2026-02-09 | WRB | BERKLEY W R CORP | MITSUI SUMITOMO INSURANCE CO LTD | 10% owner | Fire, Marine & Casualty Insurance | BUY | $69.68 | 97,996 | $6,828,155 | 56,556,652 | +0.2% |
| 2026-02-12 02:00 | 2026-02-09 | KKR | KKR & Co. Inc. | BARAKETT TIMOTHY R | Director | Investment Advice | BUY | $104.93 | 50,000 | $5,246,500 | 235,000 | +27.0% |
| 2026-02-12 01:15 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director, 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 3,690,000 | $59,040,000 | 2,054,678 | +100.0% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Walker Paul Edward | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Mathers Edward T | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Chang Carmen | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | SANDELL SCOTT D | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Makhzoumi Mohamad | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Yang Rick | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | New Enterprise Associates 17, L.P. | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | BASKETT FOREST | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Florence Anthony A. Jr. | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-12 00:30 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Behbahani Ali | Director, 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 937,500 | $15,000,000 | 6,035,038 | +18.4% |
| 2026-02-11 21:14 | 2026-02-09 | ASA | ASA Gold and Precious Metals Limited | Saba Capital Management, L.P. | 10% owner | Other | BUY | $70.77 | 88,140 | $6,237,959 | 5,729,386 | +1.6% |
| 2026-02-11 20:02 | 2026-02-10 | NFRX | N/A | Harrison Street Real Assets Fund LLC | 10% owner | Other | BUY | $26.39 | 378,931 | $9,999,989 | 2,336,689 | +19.4% |
| 2026-02-11 14:08 | 2026-02-05 | LEE | LEE ENTERPRISES, Inc | Quint Digital Ltd | 10% owner | Newspapers: Publishing or Publishing & Printing | BUY | $3.25 | 2,451,346 | $7,966,875 | 3,214,346 | +321.3% |
| 2026-02-11 00:34 | 2026-02-09 | TCGSX | N/A | TANNENBAUM LEONARD M | Director, 10% owner | Other | BUY | $9.74 | 184,805 | $1,800,000 | 495,866 | +59.4% |
| 2026-02-11 01:09 | 2026-02-06 | ARES | Ares Management Corporation | BHUTANI ASHISH | Director | Investment Advice | BUY | $126.61 | 10,000 | $1,266,100 | 34,071 | +41.5% |
| 2026-02-11 02:08 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Vensana Capital I GP, LLC | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 165,000 | $2,640,000 | 3,310,619 | +5.2% |
| 2026-02-11 02:09 | 2026-02-09 | SGP | SpyGlass Pharma, Inc. | Nielsen Kirk G. | Director | Surgical & Medical Instruments & Apparatus | BUY | $16.00 | 165,000 | $2,640,000 | 3,310,619 | +5.2% |
| 2026-02-11 01:39 | 2026-02-09 | CAQ | Cambridge Acquisition Corp. | Cam-Phung Michael Tam | Director, 10% owner | Blank Checks | BUY | $10.00 | 495,500 | $4,955,000 | 495,500 | +100.0% |
| 2026-02-10 20:48 | 2026-02-09 | NFRX | N/A | Harrison Street Real Assets Fund LLC | 10% owner | Other | BUY | $26.06 | 383,729 | $9,999,978 | 1,957,758 | +24.4% |
| 2026-02-10 00:50 | 2026-02-06 | HCIC | Hennessy Capital Investment Corp. VIII | Hennessy Thomas D | Director, Officer, 10% owner - President | Blank Checks | BUY | $10.00 | 671,000 | $6,710,000 | 671,000 | +100.0% |
| 2026-02-10 00:23 | 2026-02-09 | KMB | KIMBERLY CLARK CORP | MACLIN TODD | Director | Converted Paper & Paperboard Prods (No Contaners/Boxes) | BUY | $104.15 | 10,000 | $1,041,467 | 10,000 | +100.0% |
| 2026-02-10 00:30 | 2026-02-06 | TDG | TransDigm Group INC | Lisman Michael | Director, Officer - President & CEO | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $1,284.26 | 950 | $1,220,048 | 3,259 | +41.1% |
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.