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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2021-06-17 00:47 | 2021-06-14 | CRCT | Cricut, Inc. | Abdiel Capital Management, LLC | 10% owner | Special Industry Machinery, NEC | BUY | $33.58 | 170,790 | $5,735,265 | 2,496,881 | +7.3% |
| 2021-06-17 01:20 | 2021-06-15 | JANX | Janux Therapeutics, Inc. | Thompson Peter A. | Director | Pharmaceutical Preparations | BUY | $17.00 | 705,853 | $11,999,501 | 282,398 | +100.0% |
| 2021-06-17 00:21 | 2021-06-15 | JANX | Janux Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director, 10% owner | Pharmaceutical Preparations | BUY | $17.00 | 2,941,176 | $49,999,992 | 1,048,406 | +100.0% |
| 2021-06-16 23:58 | 2021-06-14 | HOWL | Werewolf Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director, 10% owner | Pharmaceutical Preparations | BUY | $12.77 | 323,298 | $4,129,388 | 4,291,881 | +8.1% |
| 2021-06-16 23:40 | 2021-06-15 | UHAL | U-Haul Holding Co /NV/ | SHOEN MARK V | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $551.76 | 81,810 | $45,139,306 | 8,424,659 | +1.0% |
| 2021-06-17 01:17 | 2021-06-15 | JANX | Janux Therapeutics, Inc. | ORBIMED ADVISORS LLC | Director | Pharmaceutical Preparations | BUY | $17.00 | 705,853 | $11,999,501 | 282,398 | +100.0% |
| 2021-06-16 01:19 | 2021-06-15 | TRUL | Trulieve Cannabis Corp. | Rivers Kim A. | Director, Officer, 10% owner - President and CEO | Medicinal Chemicals & Botanical Products | BUY | $35.94 | 29,000 | $1,042,150 | 77,920 | +59.3% |
| 2021-06-15 23:41 | 2021-06-11 | PFSI | PennyMac Financial Services, Inc. | MFN Partners, LP | Director | Mortgage Bankers & Loan Correspondents | BUY | $61.89 | 192,824 | $11,933,897 | 3,201,567 | +6.4% |
| 2021-06-15 23:22 | 2021-06-15 | CCNE | CNB FINANCIAL CORP/PA | Scott Nicholas N. Jr. | Director | State Commercial Banks | BUY | $24,307.00 | 4,600 | $111,812,200 | 23,731 | +24.0% |
| 2021-06-15 23:45 | 2021-06-11 | PFSI | PennyMac Financial Services, Inc. | NANJI FARHAD | Director | Mortgage Bankers & Loan Correspondents | BUY | $61.89 | 192,824 | $11,933,897 | 3,201,567 | +6.4% |
| 2021-06-16 00:04 | 2021-06-11 | MQ | Marqeta, Inc. | ICONIQ Strategic Partners III, L.P. | 10% owner | Services-Prepackaged Software | BUY | $27.00 | 296,296 | $7,999,992 | 153,051 | +100.0% |
| 2021-06-16 00:23 | 2021-06-11 | RRD | N/A | Chatham Asset Management, LLC | 10% owner | Other | BUY | $6.78 | 950,000 | $6,442,995 | 10,198,400 | +10.3% |
| 2021-06-16 00:37 | 2021-06-11 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $46.40 | 320,000 | $14,847,456 | 2,030,000 | +18.7% |
| 2021-06-16 00:35 | 2021-06-11 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $77.66 | 38,630 | $2,999,813 | 35,200,292 | +0.1% |
| 2021-06-16 02:01 | 2021-06-11 | CORT | CORCEPT THERAPEUTICS INC | BAKER G LEONARD JR | Director | Pharmaceutical Preparations | BUY | $21.53 | 150,000 | $3,229,500 | 3,308,303 | +4.7% |
| 2021-06-14 20:14 | 2021-06-11 | DGICA | DONEGAL GROUP INC | DONEGAL MUTUAL INSURANCE CO | 10% owner | Fire, Marine & Casualty Insurance | BUY | $15.22 | 200,000 | $3,044,000 | 10,542,692 | +1.9% |
| 2021-06-15 00:14 | 2021-06-14 | PROG | N/A | Athyrium Opportunities Fund (A) LP | 10% owner | Other | BUY | $2.47 | 8,097,166 | $20,000,000 | 36,396,907 | +28.6% |
| 2021-06-15 00:17 | 2021-06-14 | PROG | N/A | Athyrium Capital Management, LP | 10% owner | Other | BUY | $2.47 | 8,097,166 | $20,000,000 | 36,396,907 | +28.6% |
| 2021-06-14 22:45 | 2021-06-10 | KFS | KINGSWAY FINANCIAL SERVICES INC | STILWELL JOSEPH | Director, 10% owner | Fire, Marine & Casualty Insurance | BUY | $4.99 | 342,589 | $1,710,752 | 804,428 | +74.2% |
| 2021-06-14 23:36 | 2021-06-09 | N-A | Copper Property CTL Pass Through Trust | Silver Point Capital L.P. | 10% owner | Real Estate | BUY | $18.60 | 177,460 | $3,300,756 | 13,662,524 | +1.3% |
| 2021-06-12 03:23 | 2021-06-10 | OPEN | Opendoor Technologies Inc. | Keffer Pueo | Director | Real Estate Agents & Managers (For Others) | BUY | $16.90 | 59,347 | $1,002,810 | 190,297 | +45.3% |
| 2021-06-12 00:23 | 2021-06-09 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $42.35 | 410,000 | $17,363,828 | 1,710,000 | +31.5% |
| 2021-06-12 00:45 | 2021-05-24 | NAUT | Nautilus Biotechnology, Inc. | PERCEPTIVE ADVISORS LLC | Other | Laboratory Analytical Instruments | BUY | $10.00 | 5,507,063 | $55,071,181 | 5,997,038 | +1,123.9% |
| 2021-06-12 00:39 | 2021-06-11 | ETTX | N/A | Innoviva, Inc. | 10% owner | Other | BUY | $2.00 | 6,268,975 | $12,537,950 | 10,000,000 | +168.0% |
| 2021-06-10 23:51 | 2021-06-08 | N/A | N/A | Muzinich US Private Debt, SCSp | 10% owner | Other | BUY | $1,050.00 | 7,501 | $7,876,050 | 51,395 | +17.1% |
| 2021-06-10 21:45 | 2021-06-08 | PFSI | PennyMac Financial Services, Inc. | MFN Partners, LP | Director | Mortgage Bankers & Loan Correspondents | BUY | $61.85 | 38,743 | $2,396,255 | 3,008,743 | +1.3% |
| 2021-06-10 21:49 | 2021-06-08 | PFSI | PennyMac Financial Services, Inc. | NANJI FARHAD | Director | Mortgage Bankers & Loan Correspondents | BUY | $61.85 | 38,743 | $2,396,255 | 3,008,743 | +1.3% |
| 2021-06-10 23:01 | 2021-06-08 | EVA | N/A | INCLUSIVE CAPITAL PARTNERS, L.P. | Director, 10% owner, Other | Other | BUY | $45.50 | 879,120 | $39,999,960 | 5,713,987 | +18.2% |
| 2021-06-10 23:15 | 2021-06-07 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $74.39 | 53,769 | $3,999,817 | 35,161,662 | +0.2% |
| 2021-06-10 23:30 | 2021-06-08 | GPOR | GULFPORT ENERGY CORP | Silver Point Capital L.P. | Director, 10% owner | Crude Petroleum & Natural Gas | BUY | $61.50 | 300,000 | $18,450,000 | 8,959,669 | +3.5% |
| 2021-06-10 00:16 | 2021-06-07 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $39.49 | 500,000 | $19,743,600 | 1,300,000 | +62.5% |
| 2021-06-10 04:10 | 2021-06-08 | AEI | Alset Inc. | Chan Heng Fai Ambrose | Director, Officer, 10% owner - Chief Executive Officer | Real Estate | BUY | $4.93 | 518,348 | $2,554,315 | 518,348 | +100.0% |
| 2021-06-10 02:17 | 2021-06-08 | LULU | lululemon athletica inc. | MORFITT MARTHA A M | Director | Apparel & Other Finishd Prods of Fabrics & Similar Matl | BUY | $330.00 | 4,800 | $1,584,000 | 90,154 | +5.6% |
| 2021-06-08 21:31 | 2021-06-04 | PFSI | PennyMac Financial Services, Inc. | MFN Partners, LP | Director | Mortgage Bankers & Loan Correspondents | BUY | $60.64 | 138,232 | $8,382,748 | 2,970,000 | +4.9% |
| 2021-06-09 00:36 | 2021-06-08 | EVA | N/A | BUMGARNER JOHN C JR | Director | Other | BUY | $45.50 | 32,967 | $1,499,999 | 56,897 | +137.8% |
| 2021-06-08 21:34 | 2021-06-04 | PFSI | PennyMac Financial Services, Inc. | NANJI FARHAD | Director | Mortgage Bankers & Loan Correspondents | BUY | $60.64 | 138,232 | $8,382,748 | 2,970,000 | +4.9% |
| 2021-06-09 01:13 | 2021-06-04 | BH | Biglari Holdings Inc. | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Retail-Eating Places | BUY | $859.13 | 1,775 | $1,524,948 | 80,681 | +2.2% |
| 2021-06-08 23:00 | 2021-06-04 | GLP | GLOBAL PARTNERS LP | Global GP LLC | Other | Wholesale-Petroleum Bulk Stations & Terminals | BUY | $26.49 | 43,955 | $1,164,337 | 69,910 | +169.4% |
| 2021-06-08 16:02 | 2021-06-04 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer, 10% owner - Chairman and Co-CEO | Investment Advice | BUY | $66.91 | 33,316 | $2,229,284 | 14,746 | +100.0% |
| 2021-06-09 02:29 | 2021-06-04 | CRC | California Resources Corp | ARES MANAGEMENT LLC | 10% owner | Crude Petroleum & Natural Gas | BUY | $30.21 | 138,000 | $4,168,980 | 16,584,587 | +0.8% |
| 2021-06-08 23:22 | 2021-06-07 | EGHT | 8X8 INC /DE/ | Sipes David | Officer - Chief Executive Officer | Services-Computer Processing & Data Preparation | BUY | $23.47 | 43,000 | $1,009,210 | 518,728 | +9.0% |
| 2021-06-08 00:16 | 2021-06-03 | LSYN | N/A | Shahinian Eric | Director | Other | BUY | $3.75 | 2,133,334 | $8,000,003 | 4,270,667 | +99.8% |
| 2021-06-07 23:05 | 2021-06-03 | CYCN | Cyclerion Therapeutics, Inc. | Slate Path Capital LP | 10% owner | Pharmaceutical Preparations | BUY | $3.12 | 961,538 | $2,999,999 | 7,157,601 | +15.5% |
| 2021-06-08 00:16 | 2021-06-03 | LSYN | N/A | Tirpak Bradley M | Director | Other | BUY | $3.75 | 266,667 | $1,000,001 | 401,667 | +197.5% |
| 2021-06-08 00:25 | 2021-06-03 | CYCN | Cyclerion Therapeutics, Inc. | Hecht Peter M | Director, Officer - Chief Executive Officer | Pharmaceutical Preparations | BUY | $3.28 | 823,170 | $2,699,998 | 2,047,698 | +67.2% |
| 2021-06-05 00:00 | 2021-06-02 | CNTA | Centessa Pharmaceuticals plc | GOYAL ARJUN | Director | Pharmaceutical Preparations | BUY | $20.00 | 750,000 | $15,000,000 | 106,159 | +100.0% |
| 2021-06-04 22:11 | 2021-06-02 | GOED | N/A | Crosnoe Clark R. | Director | Other | BUY | $2.24 | 533,200 | $1,194,368 | 88,800 | +100.0% |
| 2021-06-04 23:30 | 2021-06-02 | CNTA | Centessa Pharmaceuticals plc | Medicxi Ventures Management (Jersey) Ltd | 10% owner | Pharmaceutical Preparations | BUY | $20.00 | 600,000 | $12,000,000 | 88,887 | +100.0% |
| 2021-06-05 00:01 | 2021-06-02 | CNTA | Centessa Pharmaceuticals plc | De Rubertis Francesco | Director | Pharmaceutical Preparations | BUY | $20.00 | 600,000 | $12,000,000 | 88,887 | +100.0% |
| 2021-06-05 00:46 | 2021-06-03 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $70.94 | 28,191 | $1,999,870 | 35,120,053 | +0.1% |
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.