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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021-12-11 04:45 | 2021-12-07 | REFI | Chicago Atlantic Real Estate Finance, Inc. | Bodmeier Andreas | Director, Officer - Co-President and CIO | Real Estate Investment Trusts | BUY | $16.00 | 157,250 | $2,516,000 | 163,677 | +2,446.7% |
| 2021-12-11 04:50 | 2021-12-07 | REFI | Chicago Atlantic Real Estate Finance, Inc. | Mazarakis John | Director, Officer - Exec. Chairman of the Board | Real Estate Investment Trusts | BUY | $16.00 | 161,250 | $2,580,000 | 5,000 | +100.0% |
| 2021-12-11 04:48 | 2021-12-07 | REFI | Chicago Atlantic Real Estate Finance, Inc. | Chicago Atlantic Fund QP, LLC | 10% owner | Real Estate Investment Trusts | BUY | $16.00 | 918,750 | $14,700,000 | 6,611,997 | +16.1% |
| 2021-12-11 04:54 | 2021-12-09 | N/A | Nuveen Churchill Direct Lending Corp. | TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA | 10% owner | Other | BUY | $19.58 | 218,183 | $4,272,023 | 3,607,475 | +6.4% |
| 2021-12-11 01:30 | 2021-12-08 | ACET | Adicet Bio, Inc. | Sinclair Andrew | Director | Pharmaceutical Preparations | BUY | $14.00 | 500,000 | $7,000,000 | 2,140,721 | +30.5% |
| 2021-12-11 02:01 | 2021-12-08 | RDUS | N/A | Rubric Capital Management LP | 10% owner | Other | BUY | $7.54 | 1,593,506 | $12,015,832 | 6,350,382 | +33.5% |
| 2021-12-11 02:39 | 2021-12-08 | PFX | PhenixFIN Corp | Lorber David A | Director, Officer - Chairman & Chief Exec. Officer | Other | BUY | $43.00 | 30,000 | $1,290,000 | 44,000 | +214.3% |
| 2021-12-11 02:40 | 2021-12-08 | LAZY | N/A | Coliseum Capital Management, LLC | Director, 10% owner | Other | BUY | $19.67 | 278,988 | $5,487,052 | 1,084,598 | +34.6% |
| 2021-12-11 00:05 | 2021-12-08 | AEI | Alset Inc. | Chan Heng Fai Ambrose | Director, Officer, 10% owner - Chief Executive Officer | Real Estate | BUY | $0.60 | 7,333,333 | $4,400,000 | 18,749,299 | +64.2% |
| 2021-12-11 00:22 | 2021-12-08 | AZYO | ELUTIA INC. | HighCape Capital, L.P. | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $4.24 | 412,735 | $1,749,996 | 90,807 | +100.0% |
| 2021-12-11 00:05 | 2021-12-08 | NAUT | Nautilus Biotechnology, Inc. | PERCEPTIVE ADVISORS LLC | Director | Laboratory Analytical Instruments | BUY | $5.36 | 200,000 | $1,072,000 | 9,111,151 | +2.2% |
| 2021-12-11 01:02 | 2021-12-10 | MACQ | N/A | KOENIG THEODORE L | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $9.97 | 250,000 | $2,492,500 | 6,233,333 | +4.2% |
| 2021-12-11 04:09 | 2021-12-06 | RWAY | Runway Growth Finance Corp. | OCM Growth Holdings LLC | Director, 10% owner | Other | BUY | $13.23 | 102,095 | $1,350,217 | 19,677,297 | +0.5% |
| 2021-12-09 21:04 | 2021-12-07 | VMM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.83 | 87,856 | $1,215,382 | 1,304,674 | +7.2% |
| 2021-12-10 04:00 | 2021-12-07 | WRBY | Warby Parker Inc. | Durable Capital Partners LP | 10% owner | Ophthalmic Goods | BUY | $46.83 | 100,268 | $4,695,731 | 10,077,235 | +1.0% |
| 2021-12-10 04:16 | 2021-12-09 | HQY | HEALTHEQUITY, INC. | Parker Stuart B. | Director | Services-Business Services, NEC | BUY | $42.82 | 25,000 | $1,070,500 | 30,531 | +452.0% |
| 2021-12-10 00:55 | 2021-04-28 | BNTC | Benitec Biopharma Inc. | Oliveira Steven Michael | 10% owner | Pharmaceutical Preparations | BUY | $4.51 | 331,877 | $1,497,462 | 1,000,000 | +49.7% |
| 2021-12-09 19:07 | 2021-12-07 | DKS | DICK'S SPORTING GOODS, INC. | STACK EDWARD W | Director, Officer, 10% owner - Executive Chairman | Retail-Miscellaneous Shopping Goods Stores | BUY | $110.30 | 27,000 | $2,978,100 | 10,835,422 | +0.2% |
| 2021-12-09 23:06 | 2021-12-06 | AIMD | Ainos Inc. | chang wen-han | Director | Pharmaceutical Preparations | BUY | $0.25 | 4,000,000 | $1,000,000 | 4,000,000 | +100.0% |
| 2021-12-09 05:53 | 2021-12-06 | ROCAU | Drilling Tools International Corp | ROC Energy Holdings, LLC | 10% owner | Oil & Gas Field Machinery & Equipment | BUY | $10.00 | 715,000 | $7,150,000 | 5,890,000 | +13.8% |
| 2021-12-08 23:55 | 2021-11-22 | SYNL | Ascent Industries Co. | Guy Henry L | Director | Chemicals & Allied Products | BUY | $14.28 | 91,052 | $1,300,122 | 91,052 | +100.0% |
| 2021-12-09 02:21 | 2021-12-06 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $71.35 | 1,250,000 | $89,188,250 | 7,089,676 | +21.4% |
| 2021-12-09 04:00 | 2021-12-06 | XM | N/A | SLTA VI (GP), L.L.C. | Director, 10% owner | Other | BUY | $32.76 | 161,593 | $5,294,191 | 90,280 | +100.0% |
| 2021-12-09 04:39 | 2021-12-06 | TWTR | N/A | SLTA V (GP), L.L.C. | Director | Other | BUY | $44.53 | 2,100,000 | $93,511,950 | 25,200 | +100.0% |
| 2021-12-09 04:00 | 2021-12-07 | DKS | DICK'S SPORTING GOODS, INC. | STACK EDWARD W | Director, Officer, 10% owner - Executive Chairman | Retail-Miscellaneous Shopping Goods Stores | BUY | $110.30 | 227,000 | $25,038,100 | 11,035,422 | +2.1% |
| 2021-12-08 01:01 | 2021-12-03 | STGW | Stagwell Inc | Samaha Eli | Director | Services-Advertising Agencies | BUY | $8.14 | 292,961 | $2,383,941 | 5,753,210 | +5.4% |
| 2021-12-07 23:17 | 2021-12-03 | ABCL | AbCellera Biologics Inc. | Lo Andrew | Director | Pharmaceutical Preparations | BUY | $14.02 | 86,938 | $1,218,871 | 86,938 | +100.0% |
| 2021-12-08 01:05 | 2021-12-03 | CRCT | Cricut, Inc. | Abdiel Capital Management, LLC | 10% owner | Special Industry Machinery, NEC | BUY | $22.86 | 162,047 | $3,704,735 | 10,718,106 | +1.5% |
| 2021-12-08 00:31 | 2021-12-03 | CLR | N/A | Hamm Harold | Director, 10% owner | Other | BUY | $43.33 | 117,020 | $5,070,746 | 14,167,237 | +0.8% |
| 2021-12-08 04:48 | 2021-12-07 | DOCU | DOCUSIGN, INC. | Springer Daniel D. | Director, Officer - President and CEO | Services-Prepackaged Software | BUY | $143.95 | 33,675 | $4,847,368 | 33,675 | +100.0% |
| 2021-12-08 02:23 | 2021-12-06 | EVER | EverQuote, Inc. | BLUNDIN DAVID B | Director, 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $13.91 | 148,600 | $2,067,516 | 508,623 | +41.3% |
| 2021-12-08 03:23 | 2021-12-03 | QRHC | Quest Resource Holding Corp | KITT BARRY M | 10% owner | Refuse Systems | BUY | $5.46 | 450,000 | $2,456,280 | 2,436,100 | +22.7% |
| 2021-12-08 01:28 | 2021-12-03 | EVRG | Evergy, Inc. | WILDER C JOHN | Director | Electric & Other Services Combined | BUY | $65.96 | 20,877 | $1,377,055 | 2,603,521 | +0.8% |
| 2021-12-07 05:46 | 2021-12-03 | ROCLU | N/A | Roth Byron | Director, Officer - Co-CEO & Co-Chairman of Board | Other | BUY | $10.00 | 173,722 | $1,737,220 | 763,615 | +29.4% |
| 2021-12-07 03:14 | 2021-12-02 | WRBY | Warby Parker Inc. | Durable Capital Partners LP | 10% owner | Ophthalmic Goods | BUY | $46.52 | 557,592 | $25,940,072 | 9,976,967 | +5.9% |
| 2021-12-07 05:42 | 2021-12-03 | ROCLU | N/A | LIPMAN JOHN C | Director, Officer - Co-CEO & Co-Chairman of Board | Other | BUY | $10.00 | 111,948 | $1,119,480 | 802,232 | +16.2% |
| 2021-12-07 05:47 | 2021-12-03 | ROCLU | N/A | ROTH GORDON J | Officer - Chief Financial Officer | Other | BUY | $10.00 | 120,367 | $1,203,670 | 763,615 | +18.7% |
| 2021-12-06 22:08 | 2021-12-02 | IIIV | i3 Verticals, Inc. | DAILY GREGORY S | Director, Officer, 10% owner - Chief Executive Officer | Services-Prepackaged Software | BUY | $18.77 | 82,087 | $1,540,724 | 82,087 | +100.0% |
| 2021-12-04 03:12 | 2021-12-02 | OPEN | Opendoor Technologies Inc. | Keffer Pueo | Director | Real Estate Agents & Managers (For Others) | BUY | $14.51 | 137,533 | $1,995,343 | 400,749 | +52.3% |
| 2021-12-04 01:20 | 2021-11-29 | FXLV | F45 Training Holdings Inc. | Kennedy Lewis Capital Partners Master Fund III LP | Director, 10% owner | Wholesale-Professional & Commercial Equipment & Supplies | BUY | $10.59 | 146,990 | $1,555,889 | 146,990 | +100.0% |
| 2021-12-03 20:15 | 2021-12-01 | PLYA | N/A | Sagicor Financial Co Ltd. | 10% owner | Other | BUY | $6.95 | 200,000 | $1,390,000 | 10,745,251 | +1.9% |
| 2021-12-04 05:45 | 2021-12-01 | CDLX | Cardlytics, Inc. | SOSIN CLIFFORD | 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $67.80 | 36,875 | $2,500,291 | 5,186,466 | +0.7% |
| 2021-12-04 05:46 | 2021-12-01 | PRTY | N/A | SOSIN CLIFFORD | 10% owner | Other | BUY | $5.32 | 470,000 | $2,500,306 | 16,456,623 | +2.9% |
| 2021-12-03 18:17 | 2021-12-01 | SMM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.36 | 245,517 | $1,562,544 | 2,205,878 | +12.5% |
| 2021-12-04 01:37 | 2021-12-01 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $100.00 | 250,000 | $25,000,000 | 5,839,676 | +4.5% |
| 2021-12-04 05:00 | 2021-12-01 | XM | N/A | SLTA VI (GP), L.L.C. | Director, 10% owner | Other | BUY | $32.25 | 840,830 | $27,112,732 | 78,322 | +100.0% |
| 2021-12-04 04:00 | 2021-12-01 | DNUT | Krispy Kreme, Inc. | JAB Indulgence B.V. | 10% owner | Retail-Food Stores | BUY | $13.46 | 300,000 | $4,037,760 | 74,885,435 | +0.4% |
| 2021-12-04 01:07 | 2021-12-03 | BBY | BEST BUY CO INC | DOYLE J PATRICK | Director | Retail-Radio, Tv & Consumer Electronics Stores | BUY | $104.47 | 20,000 | $2,089,400 | 51,856 | +62.8% |
| 2021-12-04 00:33 | 2021-12-01 | CLR | N/A | Hamm Harold | Director, 10% owner | Other | BUY | $44.05 | 250,000 | $11,012,125 | 14,050,217 | +1.8% |
| 2021-12-03 21:51 | 2021-12-02 | CHGG | CHEGG, INC | SCHLEIN TED | Director | Services-Educational Services | BUY | $28.54 | 35,470 | $1,012,314 | 80,470 | +78.8% |
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.