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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2022-02-17 20:47 | 2022-02-15 | WRBY | Warby Parker Inc. | Durable Capital Partners LP | 10% owner | Ophthalmic Goods | BUY | $30.33 | 386,206 | $11,713,010 | 14,403,820 | +2.8% |
| 2022-02-18 01:04 | 2022-02-15 | NMRK | NEWMARK GROUP, INC. | LUTNICK HOWARD W | Director, Officer, 10% owner - Chairman | Real Estate Agents & Managers (For Others) | BUY | $16.49 | 100,000 | $1,649,000 | 7,615,870 | +1.3% |
| 2022-02-17 17:02 | 2022-02-16 | UGI | UGI CORP /PA/ | HERMANCE FRANK S | Director | Gas & Other Services Combined | BUY | $38.15 | 65,000 | $2,479,432 | 465,000 | +16.3% |
| 2022-02-18 01:33 | 2022-02-15 | KOD | Kodiak Sciences Inc. | BAKER BROS. ADVISORS LP | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $54.45 | 400,965 | $21,832,143 | 14,734,965 | +2.8% |
| 2022-02-17 00:19 | 2022-02-14 | MGM | MGM Resorts International | IAC/InterActiveCorp | 10% owner | Hotels & Motels | BUY | $45.00 | 4,500,000 | $202,500,000 | 63,533,902 | +7.6% |
| 2022-02-16 23:18 | 2022-02-15 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $19.93 | 1,062,188 | $21,164,837 | 45,056,260 | +2.4% |
| 2022-02-16 22:49 | 2022-02-15 | N-A | N/A | Manulife (International) Ltd | 10% owner | Other | BUY | $19.93 | 798,692 | $15,914,494 | 33,879,191 | +2.4% |
| 2022-02-16 22:03 | 2022-02-15 | N-A | N/A | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $19.93 | 349,192 | $6,957,895 | 14,812,150 | +2.4% |
| 2022-02-16 22:11 | 2022-02-15 | N-A | N/A | Manulife Life Insurance Co | 10% owner | Other | BUY | $16.26 | 65,187 | $1,059,776 | 1,498,513 | +4.5% |
| 2022-02-16 22:04 | 2022-02-15 | N-A | N/A | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $16.26 | 83,794 | $1,362,287 | 1,926,260 | +4.5% |
| 2022-02-17 01:21 | 2022-02-15 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $16.26 | 249,170 | $4,050,906 | 5,727,940 | +4.5% |
| 2022-02-17 01:08 | 2022-02-15 | N-A | N/A | Manulife (International) Ltd | 10% owner | Other | BUY | $16.26 | 178,791 | $2,906,706 | 4,110,053 | +4.5% |
| 2022-02-16 22:15 | 2022-02-14 | SKYX | SKYX Platforms Corp. | Shiff Dov | Director, 10% owner | Electric Lighting & Wiring Equipment | BUY | $14.00 | 235,712 | $3,299,968 | 235,712 | +100.0% |
| 2022-02-17 03:39 | 2022-02-14 | CTKB | Cytek Biosciences, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director | Laboratory Analytical Instruments | BUY | $14.89 | 498,629 | $7,426,830 | 10,105,657 | +5.2% |
| 2022-02-17 01:00 | 2022-02-14 | BA | BOEING CO | KELLNER LAWRENCE W | Director | Aircraft | BUY | $208.91 | 5,000 | $1,044,550 | 7,500 | +200.0% |
| 2022-02-17 00:00 | 2021-12-21 | JAKK | JAKKS PACIFIC INC | Rosen Lawrence I | 10% owner | Games, Toys & Children's Vehicles (No Dolls & Bicycles) | BUY | $10.18 | 432,295 | $4,402,665 | 1,744,942 | +32.9% |
| 2022-02-16 23:43 | 2021-10-25 | JAKK | JAKKS PACIFIC INC | Rosen Lawrence I | 10% owner | Games, Toys & Children's Vehicles (No Dolls & Bicycles) | BUY | $10.73 | 306,728 | $3,290,486 | 1,312,647 | +30.5% |
| 2022-02-16 01:04 | 2022-02-11 | CTVA | Corteva, Inc. | Magro Charles V. | Director, Officer - Chief Executive Officer | Agricultural Production-Crops | BUY | $51.14 | 50,000 | $2,556,765 | 50,000 | +100.0% |
| 2022-02-16 00:39 | 2022-02-11 | PFSI | PennyMac Financial Services, Inc. | MFN Partners, LP | Director | Mortgage Bankers & Loan Correspondents | BUY | $60.88 | 95,982 | $5,843,240 | 4,531,792 | +2.2% |
| 2022-02-16 01:00 | 2022-02-14 | APRN | Blue Apron Holdings, Inc. | Sanberg Joseph N. | 10% owner | Retail-Catalog & Mail-Order Houses | BUY | $14.00 | 357,143 | $5,000,002 | 6,719,926 | +5.6% |
| 2022-02-16 00:43 | 2022-02-11 | PFSI | PennyMac Financial Services, Inc. | NANJI FARHAD | Director | Mortgage Bankers & Loan Correspondents | BUY | $60.88 | 95,982 | $5,843,240 | 4,531,792 | +2.2% |
| 2022-02-16 02:28 | 2022-02-11 | RSVR | Reservoir Media, Inc. | Taylor Ryan P. | Director, Other | Services-Amusement & Recreation Services | BUY | $6.75 | 194,805 | $1,315,304 | 136,364 | +100.0% |
| 2022-02-16 03:55 | 2022-02-11 | CRCT | Cricut, Inc. | Abdiel Capital Management, LLC | 10% owner | Special Industry Machinery, NEC | BUY | $19.80 | 148,069 | $2,931,722 | 12,325,784 | +1.2% |
| 2022-02-16 05:51 | 2022-02-11 | KNTE | N/A | GORDON CARL L | Director | Other | BUY | $10.17 | 195,700 | $1,989,447 | 3,509,030 | +5.9% |
| 2022-02-16 00:51 | 2022-02-11 | CPSS | CONSUMER PORTFOLIO SERVICES, INC. | BLACK DIAMOND CAPITAL MANAGEMENT, L.L.C. | 10% owner | Finance Services | BUY | $10.19 | 298,623 | $3,043,357 | 4,564,234 | +7.0% |
| 2022-02-16 00:34 | 2021-07-12 | VGZ | VISTA GOLD CORP | SUN VALLEY GOLD MASTER FUND, LTD | 10% owner | Gold and Silver Ores | BUY | $1.10 | 1,300,000 | $1,430,000 | 13,728,729 | +10.5% |
| 2022-02-16 01:13 | 2021-10-08 | TYG | TORTOISE ENERGY INFRASTRUCTURE CORP | GUARDIAN LIFE INSURANCE CO OF AMERICA | 10% owner | Other | BUY | $10.00 | 176,182 | $1,761,820 | 352,364 | +100.0% |
| 2022-02-16 01:17 | 2022-02-11 | NMRK | NEWMARK GROUP, INC. | LUTNICK HOWARD W | Director, Officer, 10% owner - Chairman | Real Estate Agents & Managers (For Others) | BUY | $17.21 | 277,000 | $4,767,225 | 7,515,870 | +3.8% |
| 2022-02-16 05:30 | 2022-02-11 | AREN | Arena Group Holdings Inc. | B. Riley Financial, Inc. | 10% owner | Cable & Other Pay Television Services | BUY | $8.26 | 1,977,982 | $16,329,824 | 959,938 | +100.0% |
| 2022-02-16 05:42 | 2022-02-11 | KNTE | N/A | ORBIMED ADVISORS LLC | Director | Other | BUY | $10.17 | 195,700 | $1,989,447 | 3,509,030 | +5.9% |
| 2022-02-16 01:30 | 2022-02-11 | INDT | N/A | CCP SBS GP, LLC | 10% owner | Other | BUY | $75.91 | 90,492 | $6,869,058 | 8,855 | +100.0% |
| 2022-02-15 00:30 | 2022-02-11 | N/A | N/A | Packer Craig | Director, Officer - CEO and President | Other | BUY | $14.31 | 203,689 | $2,914,790 | 368,583 | +123.5% |
| 2022-02-15 00:31 | 2022-02-11 | N/A | N/A | Kirshenbaum Alan | Officer - Executive Vice President | Other | BUY | $14.31 | 203,689 | $2,914,790 | 368,583 | +123.5% |
| 2022-02-15 02:17 | 2022-02-10 | VERA | Vera Therapeutics, Inc. | Sofinnova Venture Partners X, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $15.00 | 266,666 | $3,999,990 | 3,181,442 | +9.1% |
| 2022-02-15 02:26 | 2022-02-10 | NXDT | NEXPOINT DIVERSIFIED REAL ESTATE TRUST | DONDERO JAMES D | Officer, 10% owner - See Remarks | Real Estate Investment Trusts | BUY | $15.05 | 83,825 | $1,261,482 | 2,976,031 | +2.9% |
| 2022-02-15 01:23 | 2022-02-10 | INCY | INCYTE CORP | BAKER BROS. ADVISORS LP | Director, 10% owner | Services-Commercial Physical & Biological Research | BUY | $66.91 | 1,598,374 | $106,952,479 | 32,531,489 | +5.2% |
| 2022-02-15 04:15 | 2022-02-10 | MODD | Modular Medical, Inc. | MANCHESTER MANAGEMENT CO LLC | 10% owner, Other | Surgical & Medical Instruments & Apparatus | BUY | $6.00 | 300,000 | $1,800,000 | 1,983,803 | +17.8% |
| 2022-02-15 02:23 | 2022-02-14 | TWOU | N/A | MAEDER PAUL A | Director | Other | BUY | $9.43 | 110,000 | $1,037,300 | 182,686 | +151.3% |
| 2022-02-12 01:38 | 2022-02-09 | PFSI | PennyMac Financial Services, Inc. | MFN Partners, LP | Director | Mortgage Bankers & Loan Correspondents | BUY | $61.11 | 204,018 | $12,466,928 | 4,435,810 | +4.8% |
| 2022-02-12 01:34 | 2022-02-09 | PFSI | PennyMac Financial Services, Inc. | NANJI FARHAD | Director | Mortgage Bankers & Loan Correspondents | BUY | $61.11 | 204,018 | $12,466,928 | 4,435,810 | +4.8% |
| 2022-02-12 02:50 | 2022-02-09 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $63.20 | 1,250,000 | $79,006,000 | 17,839,676 | +7.5% |
| 2022-02-12 02:28 | 2022-02-09 | LOB | Live Oak Bancshares, Inc. | WILLIAMS WILLIAM L. III | Director, Officer - Vice Chairman & EVP | State Commercial Banks | BUY | $64.08 | 15,625 | $1,001,183 | 824,201 | +1.9% |
| 2022-02-12 04:13 | 2022-02-09 | USER | N/A | Insight Holdings Group, LLC | 10% owner | Other | BUY | $8.73 | 200,799 | $1,752,473 | 10,110,079 | +2.0% |
| 2022-02-12 02:56 | 2022-02-09 | ARMP | Armata Pharmaceuticals Inc. | Innoviva, Inc. | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $5.00 | 3,614,792 | $18,073,960 | 10,980,761 | +49.1% |
| 2022-02-12 01:00 | 2022-02-09 | INDT | N/A | CCP SBS GP, LLC | 10% owner | Other | BUY | $75.99 | 19,343 | $1,469,859 | 8,231 | +100.0% |
| 2022-02-10 16:41 | 2022-02-08 | ACLX | Arcellx, Inc. | SR ONE CAPITAL MANAGEMENT, LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $15.00 | 1,666,667 | $25,000,005 | 2,033,196 | +454.7% |
| 2022-02-10 16:35 | 2022-01-24 | RWAY | Runway Growth Finance Corp. | OCM Growth Holdings LLC | Director, 10% owner | Other | BUY | $13.00 | 246,453 | $3,203,125 | 20,539,133 | +1.2% |
| 2022-02-09 22:21 | 2022-02-07 | YOU | Clear Secure, Inc. | Durable Capital Partners LP | 10% owner | Services-Prepackaged Software | BUY | $25.57 | 63,543 | $1,624,814 | 9,603,034 | +0.7% |
| 2022-02-10 00:49 | 2022-02-07 | PFSI | PennyMac Financial Services, Inc. | MFN Partners, LP | Director | Mortgage Bankers & Loan Correspondents | BUY | $59.42 | 256,274 | $15,227,135 | 4,231,792 | +6.4% |
| 2022-02-10 01:51 | 2022-02-08 | ACLX | Arcellx, Inc. | Carroll Jill | Director | Biological Products, (No Diagnostic Substances) | BUY | $15.00 | 1,666,667 | $25,000,005 | 2,033,196 | +454.7% |
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.