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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, %
2022-02-10 00:57 2022-02-07 PFSI PennyMac Financial Services, Inc. NANJI FARHAD Director Mortgage Bankers & Loan Correspondents BUY $59.42 256,274 $15,227,135 4,231,792 +6.4%
2022-02-09 22:34 2022-02-07 WRBY Warby Parker Inc. Durable Capital Partners LP 10% owner Ophthalmic Goods BUY $32.86 236,615 $7,774,530 14,017,614 +1.7%
2022-02-10 00:10 2022-02-08 LESL Leslie's, Inc. Egeck Michael R. Director, Officer - Chief Executive Officer Retail-Retail Stores, NEC BUY $19.66 101,700 $1,999,422 2,015,931 +5.3%
2022-02-10 01:42 2022-02-08 ACLX Arcellx, Inc. Novo Holdings A/S 10% owner Biological Products, (No Diagnostic Substances) BUY $15.00 833,333 $12,499,995 4,016,878 +26.2%
2022-02-10 02:18 2022-02-08 ACLX Arcellx, Inc. New Enterprise Associates 15, L.P. 10% owner Biological Products, (No Diagnostic Substances) BUY $15.00 1,583,333 $23,749,995 6,432,762 +32.6%
2022-02-10 00:41 2022-02-08 PYPL PayPal Holdings, Inc. DORMAN DAVID W Director Services-Business Services, NEC BUY $119.33 8,400 $1,002,372 53,880 +18.5%
2022-02-10 03:11 2022-01-24 RWAY Runway Growth Finance Corp. OCM Growth Holdings LLC Director, 10% owner Other BUY $18,391.05 226,693 $4,169,122,116 20,539,133 +1.1%
2022-02-09 04:54 2022-02-08 SSIC Chicago Atlantic BDC, Inc. Silver Spike Capital, LLC 10% owner Other BUY $14.00 4,500,001 $63,000,014 4,500,387 +1,165,803.4%
2022-02-09 04:59 2022-02-08 SSIC Chicago Atlantic BDC, Inc. Gentile Gregory M. Officer, 10% owner - CFO, CCO and Secretary Other BUY $14.00 4,502,859 $63,040,026 4,500,387 +100.0%
2022-02-09 04:56 2022-02-08 SSIC Chicago Atlantic BDC, Inc. Gordon Scott Director, Officer, 10% owner - Chief Executive Officer Other BUY $14.00 4,514,287 $63,200,018 4,500,387 +100.0%
2022-02-09 01:04 2022-02-07 MRSN Mersana Therapeutics, Inc. Hack Andrew A. F. Director Pharmaceutical Preparations BUY $4.42 1,136,363 $5,022,724 6,522,030 +21.1%
2022-02-09 00:13 2022-02-04 DUOT DUOS TECHNOLOGIES GROUP, INC. Bleichroeder LP 10% owner Services-Prepackaged Software BUY $4.00 375,000 $1,500,000 1,283,162 +41.3%
2022-02-08 17:27 2022-02-04 DUOT DUOS TECHNOLOGIES GROUP, INC. PESSIN NORMAN H 10% owner Services-Prepackaged Software BUY $4.00 300,000 $1,200,000 766,157 +64.4%
2022-02-09 03:06 2022-02-04 USER N/A Insight Holdings Group, LLC 10% owner Other BUY $7.61 380,324 $2,893,543 10,026,585 +3.9%
2022-02-08 21:13 2022-02-04 NVCT Nuvectis Pharma, Inc. BENTSUR RON Director, Officer - Chairman & CEO Pharmaceutical Preparations BUY $4.96 232,500 $1,153,154 2,797,959 +9.1%
2022-02-08 20:18 2022-02-04 ALTG Alta Equipment Group Inc. B. Riley Financial, Inc. 10% owner Wholesale-Industrial Machinery & Equipment BUY $12.89 148,956 $1,920,624 5,411,383 +2.8%
2022-02-07 22:19 2022-02-03 YOU Clear Secure, Inc. Durable Capital Partners LP 10% owner Services-Prepackaged Software BUY $24.14 214,309 $5,173,462 9,539,491 +2.3%
2022-02-08 01:01 2022-02-03 LDI loanDepot, Inc. Hsieh Anthony Li Director, Officer, 10% owner - Chief Executive Officer Finance Services BUY $3.68 1,584,611 $5,832,953 3,061,782 +107.3%
2022-02-07 22:30 2022-02-03 DUOL Duolingo, Inc. Durable Capital Partners LP 10% owner Services-Prepackaged Software BUY $86.05 209,818 $18,054,923 2,902,235 +7.8%
2022-02-07 22:40 2022-02-03 WRBY Warby Parker Inc. Durable Capital Partners LP 10% owner Ophthalmic Goods BUY $32.98 465,341 $15,349,226 13,780,999 +3.5%
2022-02-08 03:49 2022-02-03 XM N/A SLTA VI (GP), L.L.C. Director, 10% owner Other BUY $28.69 204,268 $5,860,122 122,303 +100.0%
2022-02-08 01:40 2022-02-03 CRCT Cricut, Inc. Abdiel Capital Management, LLC 10% owner Special Industry Machinery, NEC BUY $18.79 178,187 $3,347,724 12,134,861 +1.5%
2022-02-05 03:32 2022-02-02 GRNA N/A OBrien Eric Director, 10% owner Other BUY $10.00 700,000 $7,000,000 8,901,814 +8.5%
2022-02-04 19:47 2022-02-02 CWAN Clearwater Analytics Holdings, Inc. Durable Capital Partners LP 10% owner Services-Prepackaged Software BUY $17.14 180,950 $3,101,193 8,437,003 +2.2%
2022-02-05 04:22 2022-02-02 GRNA N/A Walker Matthew Alan Director, 10% owner Other BUY $10.00 1,500,000 $15,000,000 15,843,021 +10.5%
2022-02-04 16:28 2022-02-02 TSHA Taysha Gene Therapies, Inc. Manning Paul B Director, 10% owner Biological Products, (No Diagnostic Substances) BUY $7.80 201,602 $1,571,810 2,091,704 +10.7%
2022-02-05 01:49 2022-02-02 ASAN Asana Inc. Moskovitz Dustin A. Director, Officer, 10% owner - President, CEO, & Chair Services-Prepackaged Software BUY $48.15 1,250,000 $60,187,000 16,589,676 +8.1%
2022-02-03 20:53 2022-02-01 YOU Clear Secure, Inc. Durable Capital Partners LP 10% owner Services-Prepackaged Software BUY $24.74 289,471 $7,162,410 9,325,182 +3.2%
2022-02-03 21:01 2022-02-01 DUOL Duolingo, Inc. Durable Capital Partners LP 10% owner Services-Prepackaged Software BUY $94.17 56,209 $5,293,438 2,692,417 +2.1%
2022-02-03 21:09 2022-02-01 WRBY Warby Parker Inc. Durable Capital Partners LP 10% owner Ophthalmic Goods BUY $36.03 230,479 $8,305,011 13,315,658 +1.8%
2022-02-04 02:35 2022-02-01 APPN Appian Corporation Abdiel Capital Management, LLC 10% owner Services-Prepackaged Software BUY $58.34 126,350 $7,371,398 5,446,928 +2.4%
2022-02-04 04:13 2022-02-01 USER N/A Insight Holdings Group, LLC 10% owner Other BUY $6.26 1,297,711 $8,120,167 9,868,444 +15.1%
2022-02-03 03:59 2022-01-31 XM N/A SLTA VI (GP), L.L.C. Director, 10% owner Other BUY $28.72 228,473 $6,562,499 107,187 +100.0%
2022-02-03 03:08 2022-01-31 CRCT Cricut, Inc. Abdiel Capital Management, LLC 10% owner Special Industry Machinery, NEC BUY $19.30 270,509 $5,221,500 11,956,674 +2.3%
2022-02-03 05:24 2022-02-02 SRRA N/A Richardson Joshua Director, 10% owner Other BUY $27.00 175,000 $4,725,000 175,000 +100.0%
2022-02-03 05:25 2022-02-02 SRRA N/A Longitude Capital Partners III, LLC 10% owner Other BUY $27.00 175,000 $4,725,000 175,000 +100.0%
2022-02-03 00:02 2022-02-01 CHTR CHARTER COMMUNICATIONS, INC. /MO/ Winfrey Christopher L Officer - Chief Operating Officer Cable & Other Pay Television Services BUY $591.96 2,750 $1,627,886 49,256 +5.9%
2022-02-02 23:57 2022-01-31 EVOL N/A SINGER KAREN 10% owner Other BUY $2.31 1,164,870 $2,687,239 3,934,665 +42.1%
2022-02-01 22:36 2022-01-28 YOU Clear Secure, Inc. Durable Capital Partners LP 10% owner Services-Prepackaged Software BUY $21.48 86,635 $1,861,119 9,035,711 +1.0%
2022-02-02 02:15 2022-01-28 MSFT MICROSOFT CORP Walmsley Emma N Director Services-Prepackaged Software BUY $303.26 3,300 $1,000,762 8,686 +61.3%
2022-02-02 00:45 2021-08-09 HLBZHLBZW micromobility.com Inc. Palella Salvatore Director, Officer, 10% owner - Chief Executive Officer Services-Business Services, NEC BUY $6.75 500,000 $3,374,000 500,000 +100.0%
2022-02-01 17:22 2021-02-17 RIDE NU RIDE INC. Vo Chuan D. Officer - FORMER VP OF PROPULSION Motor Vehicles & Passenger Car Bodies BUY $19.34 65,350 $1,264,039 126,067 +107.6%
2022-02-01 17:21 2021-01-12 RIDE NU RIDE INC. Vo Chuan D. Officer - FORMER VP OF PROPULSION Motor Vehicles & Passenger Car Bodies BUY $25.40 61,000 $1,549,156 60,717 +100.0%
2022-02-02 00:38 2022-01-31 N-A N/A Manulife (International) Ltd 10% owner Other BUY $20.25 820,859 $16,625,026 33,081,371 +2.5%
2022-02-02 00:26 2022-01-31 N-A N/A Manufacturers Life Insurance Co (Bermuda Branch) 10% owner Other BUY $20.25 631,012 $12,780,020 14,463,628 +4.6%
2022-02-02 00:18 2022-01-31 PAXS PIMCO Access Income Fund STRACKE THIBAULT CHRISTIAN Other Other BUY $20.00 50,000 $1,000,000 50,000 +100.0%
2022-02-01 22:42 2022-01-28 DUOL Duolingo, Inc. Durable Capital Partners LP 10% owner Services-Prepackaged Software BUY $90.51 32,491 $2,940,682 2,636,208 +1.2%
2022-02-02 00:17 2022-01-31 EPZM N/A Legorreta Pablo G. Director, 10% owner Other BUY $1.50 22,666,667 $34,000,001 31,833,334 +247.3%
2022-02-01 21:56 2022-01-28 WRBY Warby Parker Inc. Durable Capital Partners LP 10% owner Ophthalmic Goods BUY $35.03 141,788 $4,966,493 13,085,179 +1.1%
2022-02-02 04:26 2022-01-31 SPRO Spero Therapeutics, Inc. Aquilo Capital Management, LLC 10% owner Pharmaceutical Preparations BUY $11.59 125,000 $1,448,263 5,148,135 +2.5%
SHOW ENTRIES

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.