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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021-11-27 04:00 | 2021-11-23 | DNUT | Krispy Kreme, Inc. | JAB Indulgence B.V. | 10% owner | Retail-Food Stores | BUY | $14.47 | 263,900 | $3,817,683 | 73,631,802 | +0.4% |
| 2021-11-27 05:08 | 2021-11-23 | ATEC | Alphatec Holdings, Inc. | Segal Paul | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $10.73 | 167,496 | $1,798,036 | 167,496 | +100.0% |
| 2021-11-26 16:00 | 2021-11-23 | ESTA | ESTABLISHMENT LABS HOLDINGS INC. | SCHUTTER EDWARD J | Director | Orthopedic, Prosthetic & Surgical Appliances & Supplies | BUY | $66.66 | 32,467 | $2,164,189 | 298,562 | +12.2% |
| 2021-11-25 02:22 | 2021-11-22 | CLOV | CLOVER HEALTH INVESTMENTS, CORP. /DE | Palihapitiya Chamath | 10% owner, Other | Hospital & Medical Service Plans | BUY | $5.75 | 1,739,130 | $9,999,998 | 1,739,130 | +100.0% |
| 2021-11-24 16:31 | 2021-11-23 | TALK | Talkspace, Inc. | Braunstein Douglas L | Director, 10% owner | Services-Health Services | BUY | $2.08 | 1,000,000 | $2,080,000 | 11,340,600 | +9.7% |
| 2021-11-25 04:01 | 2021-11-22 | DNUT | Krispy Kreme, Inc. | JAB Indulgence B.V. | 10% owner | Retail-Food Stores | BUY | $14.12 | 263,900 | $3,725,371 | 73,367,902 | +0.4% |
| 2021-11-25 02:17 | 2021-11-22 | BH | Biglari Holdings Inc. | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Retail-Eating Places | BUY | $147.15 | 28,966 | $4,262,338 | 879,264 | +3.4% |
| 2021-11-24 21:31 | 2021-11-22 | GRPH | LENZ Therapeutics, Inc. | Samsara BioCapital, L.P. | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $10.15 | 201,685 | $2,047,103 | 7,791,851 | +2.7% |
| 2021-11-24 14:03 | 2021-11-22 | DPW | Hyperscale Data, Inc. | AULT MILTON C III | Director, Officer - Executive Chairman | Oil & Gas Field Machinery & Equipment | BUY | $1.92 | 2,610,000 | $5,019,552 | 145,875 | +100.0% |
| 2021-11-25 00:01 | 2021-11-22 | QRHC | Quest Resource Holding Corp | WYNNEFIELD PARTNERS SMALL CAP VALUE LP I | 10% owner | Refuse Systems | BUY | $5.50 | 254,100 | $1,397,372 | 1,174,066 | +27.6% |
| 2021-11-24 00:19 | 2021-11-22 | GOCO | GoHealth, Inc. | Jones Clinton P. | Director, Officer, 10% owner - Chief Executive Officer | Insurance Agents, Brokers & Service | BUY | $3.66 | 530,000 | $1,939,270 | 807,300 | +191.1% |
| 2021-11-24 00:16 | 2021-11-22 | GOCO | GoHealth, Inc. | Cruz Brandon M. | Director, Officer, 10% owner - Chief Strategy Officer | Insurance Agents, Brokers & Service | BUY | $3.66 | 530,000 | $1,939,270 | 807,300 | +191.1% |
| 2021-11-24 00:10 | 2021-11-22 | GOCO | GoHealth, Inc. | NVX Holdings, Inc. | 10% owner | Insurance Agents, Brokers & Service | BUY | $3.66 | 530,000 | $1,939,270 | 807,300 | +191.1% |
| 2021-11-24 02:47 | 2021-11-19 | PFSI | PennyMac Financial Services, Inc. | MFN Partners, LP | Director | Mortgage Bankers & Loan Correspondents | BUY | $64.35 | 282,872 | $18,202,728 | 3,814,664 | +8.0% |
| 2021-11-23 20:23 | 2021-11-22 | HYZN | N/A | Knight Craig Matthew | Director, Officer - Chief Executive Officer | Other | BUY | $8.22 | 166,000 | $1,365,151 | 343,200 | +93.7% |
| 2021-11-24 02:01 | 2021-11-19 | BRZE | Braze, Inc. | ICONIQ Strategic Partners III, L.P. | 10% owner | Services-Prepackaged Software | BUY | $65.00 | 325,000 | $21,125,000 | 180,424 | +100.0% |
| 2021-11-24 02:01 | 2021-11-19 | BRZE | Braze, Inc. | Jacobson Matthew | Director, 10% owner | Services-Prepackaged Software | BUY | $65.00 | 325,000 | $21,125,000 | 180,424 | +100.0% |
| 2021-11-23 22:30 | 2021-11-19 | SIX | N/A | Ruchim Arik W | Director | Other | BUY | $40.60 | 150,000 | $6,090,225 | 8,450,000 | +1.8% |
| 2021-11-24 04:18 | 2021-11-22 | W | Wayfair Inc. | Choe Michael W. | Director | Retail-Catalog & Mail-Order Houses | BUY | $258.98 | 10,000 | $2,589,800 | 105,160 | +10.5% |
| 2021-11-24 03:07 | 2021-11-19 | GH | Guardant Health, Inc. | Eltoukhy Helmy | Director, Officer - Co-Chief Executive Officer | Services-Medical Laboratories | BUY | $96.15 | 104,500 | $10,048,135 | 1,956,186 | +5.6% |
| 2021-11-24 03:07 | 2021-11-19 | GH | Guardant Health, Inc. | Talasaz AmirAli | Director, Officer - Co-Chief Executive Officer | Services-Medical Laboratories | BUY | $96.12 | 104,500 | $10,044,227 | 1,853,845 | +6.0% |
| 2021-11-24 02:52 | 2021-11-19 | PFSI | PennyMac Financial Services, Inc. | NANJI FARHAD | Director | Mortgage Bankers & Loan Correspondents | BUY | $64.35 | 282,872 | $18,202,728 | 3,814,664 | +8.0% |
| 2021-11-24 00:53 | 2021-11-19 | BRZE | Braze, Inc. | Battery Partners XI, LLC | 10% owner | Services-Prepackaged Software | BUY | $65.00 | 325,000 | $21,125,000 | 1,395,750 | +30.4% |
| 2021-11-24 00:44 | 2021-11-19 | BRZE | Braze, Inc. | Agrawal Neeraj | Director, 10% owner | Services-Prepackaged Software | BUY | $65.00 | 325,000 | $21,125,000 | 1,395,750 | +30.4% |
| 2021-11-24 04:00 | 2021-11-19 | DNUT | Krispy Kreme, Inc. | JAB Indulgence B.V. | 10% owner | Retail-Food Stores | BUY | $13.83 | 223,988 | $3,097,866 | 73,104,002 | +0.3% |
| 2021-11-24 01:59 | 2021-11-19 | BRZE | Braze, Inc. | Pepper Douglas A | Director | Services-Prepackaged Software | BUY | $65.00 | 325,000 | $21,125,000 | 180,424 | +100.0% |
| 2021-11-24 03:29 | 2021-11-19 | CRCT | Cricut, Inc. | Abdiel Capital Management, LLC | 10% owner | Special Industry Machinery, NEC | BUY | $23.77 | 294,383 | $6,998,279 | 10,079,350 | +3.0% |
| 2021-11-24 00:58 | 2021-11-19 | BRZE | Braze, Inc. | BROWN MICHAEL MAURICE | 10% owner | Services-Prepackaged Software | BUY | $65.00 | 325,000 | $21,125,000 | 1,395,750 | +30.4% |
| 2021-11-24 00:35 | 2021-11-17 | ESTA | ESTABLISHMENT LABS HOLDINGS INC. | SCHUTTER EDWARD J | Director | Orthopedic, Prosthetic & Surgical Appliances & Supplies | BUY | $71.76 | 32,560 | $2,336,610 | 266,095 | +13.9% |
| 2021-11-24 00:13 | 2021-11-22 | MCHX | MARCHEX INC | Edenbrook Capital, LLC | 10% owner | Services-Prepackaged Software | BUY | $2.50 | 798,714 | $1,996,785 | 13,202,296 | +6.4% |
| 2021-11-24 00:35 | 2021-11-22 | MITT | TPG Mortgage Investment Trust, Inc. | ROBERTS DAVID N | Director, Officer - Chairman and CEO | Real Estate Investment Trusts | BUY | $10.25 | 200,000 | $2,050,000 | 384,368 | +108.5% |
| 2021-11-24 02:31 | 2021-11-19 | LOV | N/A | Osmium Partners, LLC | 10% owner | Other | BUY | $2.51 | 1,654,197 | $4,159,644 | 1,249,888 | +100.0% |
| 2021-11-23 20:29 | 2021-11-19 | MGNX | MACROGENICS INC | BIOTECH TARGET N V | 10% owner | Pharmaceutical Preparations | BUY | $18.50 | 200,000 | $3,700,320 | 7,275,564 | +2.8% |
| 2021-11-24 00:56 | 2021-11-19 | BRZE | Braze, Inc. | Battery Partners Select Fund I GP, LLC | 10% owner | Services-Prepackaged Software | BUY | $65.00 | 325,000 | $21,125,000 | 1,395,750 | +30.4% |
| 2021-11-24 05:43 | 2021-11-19 | PGEN | PRECIGEN, INC. | KIRK RANDAL J | Director, 10% owner | Pharmaceutical Preparations | BUY | $3.63 | 1,000,000 | $3,634,800 | 1,000,000 | +100.0% |
| 2021-11-24 02:28 | 2021-11-19 | EVRG | Evergy, Inc. | WILDER C JOHN | Director | Electric & Other Services Combined | BUY | $66.08 | 20,797 | $1,374,266 | 2,540,185 | +0.8% |
| 2021-11-23 04:09 | 2021-11-22 | ARIZ | N/A | Arisz Investment LLC | 10% owner | Other | BUY | $10.00 | 193,889 | $1,938,890 | 1,861,389 | +11.6% |
| 2021-11-23 04:08 | 2021-11-22 | ARIZ | N/A | Hindle-Yang Fang | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $10.00 | 193,889 | $1,938,890 | 1,861,389 | +11.6% |
| 2021-11-23 00:52 | 2021-11-18 | VWE | N/A | Roney Patrick A | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $11.03 | 100,000 | $1,103,000 | 100,000 | +100.0% |
| 2021-11-23 03:46 | 2021-11-22 | VCTR | Victory Capital Holdings, Inc. | Brown David Craig | Officer - Chairman and CEO | Investment Advice | BUY | $34.62 | 29,400 | $1,017,828 | 45,900 | +178.2% |
| 2021-11-23 01:41 | 2021-11-18 | WRBY | Warby Parker Inc. | D1 Capital Partners L.P. | 10% owner | Ophthalmic Goods | BUY | $53.97 | 440,000 | $23,746,844 | 13,404,023 | +3.4% |
| 2021-11-23 00:33 | 2021-11-22 | GOEV | Canoo Inc. | Aquila Tony | Director, Officer, 10% owner - Executive Chairman and CEO | Motor Vehicle Parts & Accessories | BUY | $6.53 | 35,273,268 | $230,334,440 | 47,632,655 | +285.4% |
| 2021-11-23 04:00 | 2021-11-18 | DNUT | Krispy Kreme, Inc. | JAB Indulgence B.V. | 10% owner | Retail-Food Stores | BUY | $14.16 | 241,700 | $3,422,714 | 72,880,014 | +0.3% |
| 2021-11-23 02:29 | 2021-11-18 | SIX | N/A | BASSOUL SELIM A | Director, Officer - PRESIDENT & CEO | Other | BUY | $41.95 | 80,000 | $3,355,832 | 365,354 | +28.0% |
| 2021-11-23 02:49 | 2021-11-22 | NVRO | N/A | WEATHERMAN ELIZABETH H | Director | Other | BUY | $85.33 | 20,000 | $1,706,548 | 38,328 | +109.1% |
| 2021-11-20 04:00 | 2021-11-17 | DNUT | Krispy Kreme, Inc. | JAB Indulgence B.V. | 10% owner | Retail-Food Stores | BUY | $14.79 | 238,841 | $3,533,581 | 72,638,314 | +0.3% |
| 2021-11-20 00:30 | 2021-11-17 | ZY | N/A | FLATLEY JAY T | Director, Officer - Chairman and Acting CEO | Other | BUY | $10.00 | 100,000 | $1,000,000 | 144,789 | +223.3% |
| 2021-11-18 20:34 | 2021-11-16 | N/A | N/A | Muzinich US Private Debt, SCSp | 10% owner | Other | BUY | $1,070.00 | 7,769 | $8,313,258 | 55,280 | +16.4% |
| 2021-11-19 04:24 | 2021-11-16 | PSTX | N/A | Malin Life Sciences Holdings Ltd | 10% owner, Other | Other | BUY | $7.20 | 379,376 | $2,731,887 | 9,567,501 | +4.1% |
| 2021-11-18 21:28 | 2021-11-16 | SIX | N/A | Ruchim Arik W | Director | Other | BUY | $42.34 | 400,000 | $16,936,400 | 8,300,000 | +5.1% |
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.