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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, %
2021-08-13 04:24 2021-08-10 ADGI Invivyd, Inc. MCGUIRE TERRANCE Director Biological Products, (No Diagnostic Substances) BUY $17.00 500,000 $8,500,000 497,660 +100.0%
2021-08-12 00:04 2021-08-10 ROCGU TIGO ENERGY, INC. Roth Byron Director, Officer - Co-CEO & Chairman of the Board Semiconductors & Related Devices BUY $10.00 171,949 $1,719,490 762,528 +29.1%
2021-08-11 16:24 2021-08-09 N-A N/A FRANKLIN RESOURCES INC 10% owner, Other Other BUY $10.86 460,405 $5,000,000 7,658,197 +6.4%
2021-08-12 03:23 2021-08-09 WEBR N/A BDT CAPITAL PARTNERS, LLC Director, 10% owner Other BUY $14.00 1,000,000 $14,000,000 3,236,875 +44.7%
2021-08-12 00:07 2021-08-10 ROCGU TIGO ENERGY, INC. LIPMAN JOHN C Director, Officer - Co-Chief Executive Officer Semiconductors & Related Devices BUY $10.00 110,806 $1,108,060 801,091 +16.1%
2021-08-12 00:32 2021-08-09 ET Energy Transfer LP WARREN KELCY L Director, Officer - Executive Chairman Natural Gas Transmission BUY $9.17 1,089,828 $9,993,723 99,617,173 +1.1%
2021-08-11 15:31 2021-08-10 RILY BRC Group Holdings, Inc. RILEY BRYANT R Director, Officer, 10% owner - Chairman and Co-CEO Investment Advice BUY $68.22 15,000 $1,023,263 5,039,269 +0.3%
2021-08-12 00:05 2021-08-10 ROCGU TIGO ENERGY, INC. ROTH GORDON J Officer - Chief Financial Officer Semiconductors & Related Devices BUY $10.00 119,139 $1,191,390 762,528 +18.5%
2021-08-11 23:51 2021-07-01 N-A N/A BLACKROCK FINANCIAL MANAGEMENT INC/DE 10% owner, Other Other BUY $9.98 4,959,920 $49,500,000 9,959,920 +99.2%
2021-08-11 23:40 2021-03-01 N-A N/A BLACKROCK FINANCIAL MANAGEMENT INC/DE 10% owner, Other Other BUY $10.00 4,990,000 $49,900,000 5,000,000 +49,900.0%
2021-08-11 23:11 2021-08-09 CSU SONIDA SENIOR LIVING, INC. Ortelius Advisors, L.P. 10% owner Services-Nursing & Personal Care Facilities BUY $24.98 59,111 $1,476,445 277,423 +27.1%
2021-08-11 00:37 2021-08-09 TLND N/A TAHOE BIDCO B.V. 10% owner Other BUY $66.00 5,134,172 $338,855,352 32,909,995 +18.5%
2021-08-11 04:45 2021-08-06 CDLX Cardlytics, Inc. SOSIN CLIFFORD 10% owner Services-Computer Programming, Data Processing, Etc. BUY $87.72 290,000 $25,437,524 5,149,591 +6.0%
2021-08-10 23:02 2021-08-10 ERAS Erasca, Inc. Chen Bihua Director Pharmaceutical Preparations BUY $22.10 200,000 $4,420,000 10,505,553 +1.9%
2021-08-11 00:26 2021-08-06 FST N/A Chatham Asset Management, LLC 10% owner Other BUY $11.96 84,900 $1,015,659 3,870,491 +2.2%
2021-08-10 21:44 2021-08-06 GIM Saba Capital Income & Opportunities Fund II Saba Capital Management, L.P. 10% owner Other BUY $5.51 312,821 $1,722,674 29,001,602 +1.1%
2021-08-11 03:07 2021-08-10 KW Kennedy-Wilson Holdings, Inc. MCMORROW WILLIAM J Director, Officer - CHIEF EXECUTIVE OFFICER Real Estate BUY $21.10 100,000 $2,110,000 9,199,517 +1.1%
2021-08-11 00:30 2021-08-06 ET Energy Transfer LP WARREN KELCY L Director, Officer - Executive Chairman Natural Gas Transmission BUY $9.35 949,542 $8,878,218 98,527,345 +1.0%
2021-08-10 23:42 2021-08-06 MMLP MARTIN MIDSTREAM PARTNERS L.P. MARTIN RUBEN S Director, 10% owner Wholesale-Petroleum Bulk Stations & Terminals BUY $2.90 1,181,532 $3,421,126 1,646,053 +254.4%
2021-08-10 23:05 2021-08-10 IHRT iHeartMedia, Inc. PITTMAN ROBERT W Director, Officer - CEO and Director Radio Broadcasting Stations BUY $21.33 47,984 $1,023,695 619,480 +8.4%
2021-08-10 20:46 2021-08-09 COP CONOCOPHILLIPS WALKER R A Director Petroleum Refining BUY $55.50 22,500 $1,248,739 4,500 +100.0%
2021-08-10 04:46 2021-08-05 CDLX Cardlytics, Inc. SOSIN CLIFFORD 10% owner Services-Computer Programming, Data Processing, Etc. BUY $87.07 370,619 $32,267,980 4,859,591 +8.3%
2021-08-10 02:09 2021-08-09 DNB N/A Jabbour Anthony M Director, Officer - Chief Executive Officer Other BUY $18.21 109,806 $1,999,996 492,408 +28.7%
2021-08-09 16:07 2021-08-05 SAGE N/A Greene Barry E Director, Officer - President and CEO Other BUY $43.15 23,640 $1,020,054 32,440 +268.6%
2021-08-10 02:03 2021-08-05 ATVI N/A NOLAN PETER J Director Other BUY $80.78 20,765 $1,677,320 97,557 +27.0%
2021-08-09 18:45 2021-08-04 AON Aon plc KNIGHT LESTER B Director Insurance Agents, Brokers & Service BUY $263.95 10,000 $2,639,545 15,000 +200.0%
2021-08-05 15:55 2021-04-21 N-A N/A FRANKLIN RESOURCES INC 10% owner, Other Other BUY $10.42 614,203 $6,400,000 5,762,385 +11.9%
2021-08-05 23:01 2021-08-03 IMRX Immuneering Corp Cormorant Asset Management, LP Other Pharmaceutical Preparations BUY $15.00 550,000 $8,250,000 2,252,628 +32.3%
2021-08-06 00:26 2021-08-03 FST N/A Chatham Asset Management, LLC 10% owner Other BUY $11.57 137,291 $1,588,924 3,785,591 +3.8%
2021-08-05 23:31 2021-08-05 DRTT DIRTT ENVIRONMENTAL SOLUTIONS LTD 22NW, LP 10% owner Services-Prepackaged Software BUY $4.40 1,555,610 $6,844,840 11,922,801 +15.0%
2021-08-05 14:22 2021-07-28 IEA N/A ARES MANAGEMENT LLC Director, 10% owner Other BUY $11.00 3,185,039 $35,035,429 3,185,039 +100.0%
2021-08-06 00:41 2021-08-03 OMGA N/A Flagship Pioneering Inc. 10% owner Other BUY $17.00 1,176,469 $19,999,973 1,617,646 +266.7%
2021-08-05 14:24 2021-07-28 IEA N/A Ares Management Corp Director, 10% owner Other BUY $11.00 3,185,039 $35,035,429 3,185,039 +100.0%
2021-08-05 16:49 2021-07-28 SUI SUN COMMUNITIES INC SHIFFMAN GARY A Director, Officer - Chairman & CEO Real Estate Investment Trusts BUY $194.20 234,934 $45,624,183 1,044,184 +29.0%
2021-08-06 02:41 2021-08-03 RXST RxSight, Inc. Tammenoms Bakker Juliet Director Ophthalmic Goods BUY $16.00 637,500 $10,200,000 500,000 +100.0%
2021-08-06 02:34 2021-08-03 RXST RxSight, Inc. Corley Jesse Anderson Director Ophthalmic Goods BUY $16.00 78,125 $1,250,000 436,201 +21.8%
2021-08-06 02:27 2021-08-03 RXST RxSight, Inc. Kurtz Ronald M MD Director, Officer - See Remarks Ophthalmic Goods BUY $15.94 128,638 $2,050,374 804,610 +19.0%
2021-08-04 13:06 2021-08-03 IMRX Immuneering Corp Feinberg Peter Director Pharmaceutical Preparations BUY $15.00 291,667 $4,375,005 115,441 +100.0%
2021-08-05 01:20 2021-08-02 ICVX N/A NanoDimension III, L.P. Other Other BUY $15.00 133,334 $2,000,010 2,883,329 +4.8%
2021-08-05 04:19 2021-08-02 RLYB Rallybio Corp PARMAR KUSH Director Pharmaceutical Preparations BUY $13.00 615,384 $7,999,992 1,406,098 +77.8%
2021-08-05 00:12 2021-08-02 NUVL Nuvalent, Inc. Hack Andrew A. F. Director Pharmaceutical Preparations BUY $17.00 735,000 $12,495,000 3,428,014 +27.3%
2021-08-05 00:52 2021-08-02 RLYB Rallybio Corp Hopfner Robert Lorne Director Pharmaceutical Preparations BUY $13.00 576,923 $7,499,999 2,267,411 +34.1%
2021-08-05 01:32 2021-08-03 TNYA Tenaya Therapeutics, Inc. Casdin Eli Director, 10% owner Biological Products, (No Diagnostic Substances) BUY $15.00 850,000 $12,750,000 3,224,849 +35.8%
2021-08-05 01:33 2021-08-03 TNYA Tenaya Therapeutics, Inc. Casdin Partners Master Fund, L.P. 10% owner Biological Products, (No Diagnostic Substances) BUY $15.00 850,000 $12,750,000 3,224,849 +35.8%
2021-08-04 20:44 2021-08-03 GIM Saba Capital Income & Opportunities Fund II Saba Capital Management, L.P. 10% owner Other BUY $5.57 376,949 $2,099,606 28,333,730 +1.3%
2021-08-04 23:41 2021-07-29 CADL Candel Therapeutics, Inc. Manning Paul B Director, 10% owner Biological Products, (No Diagnostic Substances) BUY $8.00 1,625,000 $13,000,000 1,681,000 +2,901.8%
2021-08-04 22:59 2021-08-02 ASTI Ascent Solar Technologies, Inc. BD1 Investment Holding, LLC 10% owner Semiconductors & Related Devices BUY $10,000,000.08 666,666,672 $6,666,666,773,333,334 666,666,672 +100.0%
2021-08-04 23:31 2021-08-02 ICVX N/A RA CAPITAL MANAGEMENT, L.P. Director, 10% owner Other BUY $15.00 2,666,666 $39,999,990 638,668 +100.0%
2021-08-05 01:39 2021-08-02 COOK Traeger, Inc. Alvarez Ralph Director Household Appliances BUY $18.00 150,000 $2,700,000 150,000 +100.0%
2021-08-05 00:51 2021-08-02 RLYB Rallybio Corp HUNT RONALD Director Pharmaceutical Preparations BUY $13.00 307,692 $3,999,996 2,301,603 +15.4%
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.