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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-03-02 01:01 | 2022-03-01 | RTL | N/A | Kabnick Lisa | Director | Other | BUY | $7.02 | 143,470 | $1,007,159 | 71,735 | +100.0% |
| 2022-03-02 01:17 | 2021-11-30 | BIGC | Commerce.com, Inc. | Bellm Brent | Director, Officer - President Chief Exec Officer | Services-Prepackaged Software | BUY | $28.72 | 841,999 | $24,182,211 | 659,907 | +100.0% |
| 2022-03-01 21:52 | 2022-02-25 | VFL | abrdn National Municipal Income Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.10 | 139,698 | $1,829,457 | 2,130,407 | +7.0% |
| 2022-03-02 01:00 | 2022-02-28 | CTRA | Coterra Energy Inc. | JORDEN THOMAS E | Officer - CEO, President & Director | Crude Petroleum & Natural Gas | BUY | $23.26 | 44,000 | $1,023,282 | 1,159,552 | +3.9% |
| 2022-03-01 03:41 | 2022-02-24 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $50.51 | 750,000 | $37,882,350 | 19,839,676 | +3.9% |
| 2022-02-28 15:59 | 2022-02-25 | OPK | OPKO HEALTH, INC. | FROST PHILLIP MD ET AL | Director, Officer, 10% owner - CEO & Chairman | Pharmaceutical Preparations | BUY | $3.09 | 750,000 | $2,315,325 | 194,521,694 | +0.4% |
| 2022-03-01 02:21 | 2022-02-25 | APA | APA Corporation | Joung Chansoo | Director | Crude Petroleum & Natural Gas | BUY | $32.92 | 40,000 | $1,316,992 | 65,285 | +158.2% |
| 2022-03-01 02:37 | 2022-02-24 | NSIT | INSIGHT ENTERPRISES INC | ValueAct Holdings, L.P. | Director, 10% owner, Other | Retail-Catalog & Mail-Order Houses | BUY | $102.52 | 87,302 | $8,950,620 | 3,543,143 | +2.5% |
| 2022-02-25 19:45 | 2022-02-23 | YOU | Clear Secure, Inc. | Durable Capital Partners LP | 10% owner | Services-Prepackaged Software | BUY | $25.90 | 80,297 | $2,079,917 | 9,683,331 | +0.8% |
| 2022-02-25 19:47 | 2022-02-23 | WRBY | Warby Parker Inc. | Durable Capital Partners LP | 10% owner | Ophthalmic Goods | BUY | $27.41 | 404,673 | $11,090,387 | 14,808,493 | +2.8% |
| 2022-02-26 03:34 | 2022-02-23 | XM | N/A | SLTA VI (GP), L.L.C. | Director, 10% owner | Other | BUY | $28.31 | 249,927 | $7,074,284 | 151,132 | +100.0% |
| 2022-02-26 03:21 | 2022-02-24 | RPRX | Royalty Pharma plc | Fernandez Henry A | Director | Pharmaceutical Preparations | BUY | $37.49 | 32,500 | $1,218,373 | 58,200 | +126.5% |
| 2022-02-26 03:07 | 2022-02-23 | CRCT | Cricut, Inc. | Abdiel Capital Management, LLC | 10% owner | Special Industry Machinery, NEC | BUY | $16.71 | 205,714 | $3,437,707 | 12,638,061 | +1.7% |
| 2022-02-26 00:59 | 2022-02-23 | APPN | Appian Corporation | Abdiel Capital Management, LLC | 10% owner | Services-Prepackaged Software | BUY | $52.38 | 126,231 | $6,611,689 | 5,573,159 | +2.3% |
| 2022-02-26 01:43 | 2022-02-23 | CTKB | Cytek Biosciences, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director | Laboratory Analytical Instruments | BUY | $13.23 | 420,380 | $5,559,652 | 11,073,417 | +3.9% |
| 2022-02-26 04:24 | 2022-02-23 | USER | N/A | Insight Holdings Group, LLC | 10% owner | Other | BUY | $8.00 | 249,149 | $1,993,765 | 10,311,238 | +2.5% |
| 2022-02-25 22:13 | 2022-02-24 | MHK | MOHAWK INDUSTRIES INC | WELLBORN CHISTOPHER | Director, Officer - PRESIDENT AND COO | Carpets & Rugs | BUY | $135.76 | 10,000 | $1,357,632 | 149,747 | +7.2% |
| 2022-02-25 22:02 | 2022-02-23 | DDS | DILLARD'S, INC. | STEPHENS WARREN A | Director | Retail-Department Stores | BUY | $230.51 | 20,000 | $4,610,284 | 94,668 | +26.8% |
| 2022-02-26 01:30 | 2022-02-23 | INDT | N/A | CCP SBS GP, LLC | 10% owner | Other | BUY | $75.83 | 20,731 | $1,571,947 | 9,048 | +100.0% |
| 2022-02-25 00:14 | 2022-02-22 | IAA | N/A | Kamin Peter | Director | Other | BUY | $34.75 | 47,000 | $1,633,142 | 70,581 | +199.3% |
| 2022-02-25 02:55 | 2022-02-22 | TELA | TELA Bio, Inc. | EW HEALTHCARE PARTNERS FUND 2, L.P. | Other | Surgical & Medical Instruments & Apparatus | BUY | $11.75 | 759,808 | $8,927,668 | 3,299,499 | +29.9% |
| 2022-02-25 05:08 | 2022-02-23 | NMRK | NEWMARK GROUP, INC. | LUTNICK HOWARD W | Director, Officer, 10% owner - Chairman | Real Estate Agents & Managers (For Others) | BUY | $16.63 | 126,500 | $2,103,708 | 7,742,370 | +1.7% |
| 2022-02-25 01:47 | 2022-02-23 | EVER | EverQuote, Inc. | BLUNDIN DAVID B | Director, 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $14.94 | 1,004,016 | $14,999,999 | 1,004,016 | +100.0% |
| 2022-02-25 05:07 | 2022-02-22 | AYX | N/A | HORING JEFF | Director | Other | BUY | $54.79 | 911,829 | $49,962,667 | 911,829 | +100.0% |
| 2022-02-25 04:10 | 2022-02-22 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT, L.L.C. | 10% owner | Refuse Systems | BUY | $116.83 | 637,253 | $74,450,905 | 109,812,574 | +0.6% |
| 2022-02-24 00:31 | 2022-02-18 | N-A | N/A | FRANKLIN RESOURCES INC | 10% owner, Other | Other | BUY | $12.20 | 1,098,361 | $13,400,000 | 12,413,020 | +9.7% |
| 2022-02-24 05:02 | 2022-02-18 | AMPL | Amplitude, Inc. | Grady Patrick W | Director, 10% owner | Services-Prepackaged Software | BUY | $19.48 | 2,563,748 | $49,951,553 | 242,788 | +100.0% |
| 2022-02-24 05:02 | 2022-02-18 | AMPL | Amplitude, Inc. | SC US (TTGP), LTD. | 10% owner | Services-Prepackaged Software | BUY | $19.48 | 2,563,748 | $49,951,553 | 242,788 | +100.0% |
| 2022-02-23 20:04 | 2022-02-18 | DUOL | Duolingo, Inc. | Durable Capital Partners LP | 10% owner | Services-Prepackaged Software | BUY | $87.57 | 112,069 | $9,814,140 | 3,015,324 | +3.9% |
| 2022-02-24 00:03 | 2022-02-18 | WRBY | Warby Parker Inc. | D1 Capital Partners L.P. | 10% owner | Ophthalmic Goods | BUY | $27.99 | 240,000 | $6,717,600 | 14,944,023 | +1.6% |
| 2022-02-23 14:05 | 2022-02-18 | XM | N/A | SLTA VI (GP), L.L.C. | Director, 10% owner | Other | BUY | $28.28 | 139,663 | $3,949,698 | 132,638 | +100.0% |
| 2022-02-24 05:30 | 2022-02-18 | AREN | Arena Group Holdings Inc. | B. Riley Financial, Inc. | 10% owner | Cable & Other Pay Television Services | BUY | $8.20 | 195,791 | $1,605,330 | 1,025,996 | +23.6% |
| 2022-02-23 03:13 | 2022-02-17 | IAA | N/A | Kamin Peter | Director | Other | BUY | $35.56 | 142,100 | $5,053,374 | 61,988 | +100.0% |
| 2022-02-22 17:08 | 2022-02-17 | USX | N/A | FULLER MAX L | Director, Officer, 10% owner, Other - Executive Chairman | Other | BUY | $4.09 | 245,600 | $1,004,258 | 1,088,770 | +29.1% |
| 2022-02-23 03:56 | 2022-02-17 | NSIT | INSIGHT ENTERPRISES INC | ValueAct Holdings, L.P. | Director, Other | Retail-Catalog & Mail-Order Houses | BUY | $99.34 | 131,006 | $13,013,953 | 3,455,841 | +3.9% |
| 2022-02-23 01:22 | 2022-02-17 | CTKB | Cytek Biosciences, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director | Laboratory Analytical Instruments | BUY | $14.06 | 547,380 | $7,695,725 | 10,653,037 | +5.4% |
| 2022-02-23 02:51 | 2022-02-17 | USER | N/A | Insight Holdings Group, LLC | 10% owner | Other | BUY | $8.50 | 144,138 | $1,225,245 | 10,207,640 | +1.4% |
| 2022-02-23 01:45 | 2022-02-17 | INCY | INCYTE CORP | BAKER BROS. ADVISORS LP | Director, 10% owner | Services-Commercial Physical & Biological Research | BUY | $67.96 | 525,804 | $35,734,902 | 33,039,604 | +1.6% |
| 2022-02-19 00:10 | 2022-02-16 | CEN | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $16.07 | 84,343 | $1,355,012 | 691,897 | +13.9% |
| 2022-02-19 00:01 | 2022-02-16 | SMM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $7.25 | 188,713 | $1,367,377 | 3,262,997 | +6.1% |
| 2022-02-19 00:10 | 2022-02-16 | WRBY | Warby Parker Inc. | D1 Capital Partners L.P. | 10% owner | Ophthalmic Goods | BUY | $29.81 | 1,300,000 | $38,747,020 | 14,704,023 | +9.7% |
| 2022-02-19 02:26 | 2022-02-16 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $70.42 | 1,250,000 | $88,029,750 | 19,089,676 | +7.0% |
| 2022-02-19 01:51 | 2022-02-16 | CRCT | Cricut, Inc. | Abdiel Capital Management, LLC | 10% owner | Special Industry Machinery, NEC | BUY | $19.65 | 106,563 | $2,094,208 | 12,432,347 | +0.9% |
| 2022-02-19 02:12 | 2022-02-18 | PARAAPARA | N/A | REDSTONE SHARI | Director | Other | BUY | $28.61 | 104,650 | $2,994,131 | 313,997 | +50.0% |
| 2022-02-19 01:29 | 2022-02-17 | CROX | Crocs, Inc. | SMACH THOMAS J | Director | Rubber & Plastics Footwear | BUY | $86.35 | 12,356 | $1,066,889 | 5,459 | +100.0% |
| 2022-02-19 04:33 | 2022-02-18 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT, L.L.C. | 10% owner | Refuse Systems | BUY | $117.17 | 362,747 | $42,501,978 | 109,175,321 | +0.3% |
| 2022-02-18 01:02 | 2022-02-15 | RACY | Relativity Acquisition Corp. | Tabsh Tarek | Director, Officer, 10% owner - Chief Executive Officer | Blank Checks | BUY | $10.00 | 653,750 | $6,537,500 | 653,750 | +100.0% |
| 2022-02-18 01:02 | 2022-02-15 | RACY | Relativity Acquisition Corp. | Relativity Acquisition Sponsor LLC | 10% owner | Blank Checks | BUY | $10.00 | 653,750 | $6,537,500 | 653,750 | +100.0% |
| 2022-02-18 00:35 | 2022-02-15 | IAA | N/A | Kamin Peter | Director | Other | BUY | $35.76 | 110,000 | $3,933,699 | 34,498 | +100.0% |
| 2022-02-18 00:43 | 2022-02-15 | DNB | N/A | Cannae Holdings, Inc. | Director, 10% owner | Other | BUY | $19.86 | 21,825,816 | $433,460,706 | 89,878,146 | +32.1% |
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.