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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2026-01-02 20:53 | 2025-12-31 | N-A | N/A | Manulife (Singapore) Pte. Ltd. | 10% owner | Other | BUY | $18.60 | 860,254 | $16,000,032 | 14,732,909 | +6.2% |
| 2026-01-02 20:26 | 2025-12-31 | N-A | N/A | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $18.60 | 268,829 | $5,000,010 | 20,987,398 | +1.3% |
| 2026-01-03 01:04 | 2025-12-31 | FGBI | First Guaranty Bancshares, Inc. | Smith Edgar R. III | Director | Savings Institution, Federally Chartered | BUY | $5.40 | 208,996 | $1,128,578 | 537,266 | +63.7% |
| 2026-01-03 01:15 | 2025-12-30 | UA | Under Armour, Inc. | WATSA V PREM ET AL | 10% owner | Apparel & Other Finishd Prods of Fabrics & Similar Matl | BUY | $5.12 | 13,182,469 | $67,444,148 | 9,457,355 | +100.0% |
| 2026-01-03 00:11 | 2025-12-30 | SUNS | Sunrise Realty Trust, Inc. | TANNENBAUM LEONARD M | Director, Officer, 10% owner - Executive Chairman | Real Estate Investment Trusts | BUY | $9.50 | 137,000 | $1,301,486 | 585,681 | +30.5% |
| 2026-01-03 01:34 | 2025-12-26 | GRX-E | Gabelli Healthcare & WellnessRx Trust | GABELLI MARIO J | Director, 10% owner, Other | Other | BUY | $10.00 | 1,800,000 | $18,000,000 | 100,000 | +100.0% |
| 2026-01-03 03:00 | 2025-12-30 | WRB | BERKLEY W R CORP | MITSUI SUMITOMO INSURANCE CO LTD | 10% owner | Fire, Marine & Casualty Insurance | BUY | $70.11 | 672,734 | $47,167,130 | 50,764,245 | +1.3% |
| 2026-01-03 00:05 | 2025-12-31 | LSAK | LESAKA TECHNOLOGIES INC | Mazanderani Ali | Director, Officer - Executive Chairman | Functions Related To Depository Banking, NEC | BUY | $5.00 | 1,800,000 | $9,000,000 | 2,325,115 | +342.8% |
| 2026-01-01 01:45 | 2025-12-29 | SLGL | Sol-Gel Technologies Ltd. | Opaleye Management Inc. | 10% owner | Pharmaceutical Preparations | BUY | $41.97 | 66,304 | $2,782,905 | 443,739 | +17.6% |
| 2025-12-31 19:12 | 2025-12-29 | N/A | N/A | Abu Dhabi Investment Authority | 10% owner | Other | BUY | $23.37 | 1,001,121 | $23,396,191 | 19,363,952 | +5.5% |
| 2025-12-31 23:40 | 2025-12-26 | GDV-M | GABELLI DIVIDEND & INCOME TRUST | GABELLI MARIO J | Director, 10% owner, Other | Other | BUY | $10.00 | 5,818,500 | $58,185,000 | 5,350,000 | +100.0% |
| 2025-12-31 21:14 | 2025-12-29 | N/A | N/A | LIBERTY MUTUAL HOLDING Co INC. | 10% owner | Other | BUY | $16.12 | 494,625 | $7,973,355 | 3,725,779 | +15.3% |
| 2025-12-31 02:08 | 2025-12-29 | N/A | N/A | HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL | 10% owner | Other | BUY | $16.12 | 329,726 | $5,315,191 | 2,611,085 | +14.5% |
| 2025-12-31 04:16 | 2025-12-23 | AVO | Mission Produce, Inc. | Globalharvest Holdings Venture Ltd | 10% owner | Agricultural Services | BUY | $11.61 | 201,310 | $2,336,867 | 7,473,223 | +2.8% |
| 2025-12-31 00:09 | 2025-12-01 | BOC | BOSTON OMAHA Corp | Kenan Frank H. II | Director | Real Estate Operators (No Developers) & Lessors | BUY | $12.75 | 79,887 | $1,018,791 | 111,390 | +253.6% |
| 2025-12-31 02:34 | 2025-12-24 | HYMC | HYCROFT MINING HOLDING CORP | Sprott Eric | 10% owner | Gold and Silver Ores | BUY | $23.64 | 700,000 | $16,544,990 | 31,456,352 | +2.3% |
| 2025-12-30 16:29 | 2025-12-23 | N/A | N/A | Qatar Investment Authority | 10% owner | Other | BUY | $17.52 | 1,541,026 | $27,000,000 | 11,487,966 | +15.5% |
| 2025-12-31 01:41 | 2025-12-26 | MRUS | Merus N.V. | GENMAB A/S | 10% owner | Pharmaceutical Preparations | BUY | $97.00 | 76,922,983 | $7,461,529,351 | 0 | +100.0% |
| 2025-12-31 00:23 | 2025-12-29 | NKE | NIKE, Inc. | Hill Elliott | Director, Officer - PRESIDENT & CEO | Rubber & Plastics Footwear | BUY | $61.10 | 16,388 | $1,001,307 | 241,587 | +7.3% |
| 2025-12-31 01:48 | 2025-12-29 | FUND | SPROTT FOCUS TRUST INC. | GEORGE W WHITNEY | Director, 10% owner, Other | Other | BUY | $8.60 | 270,237 | $2,324,038 | 2,588,112 | +11.7% |
| 2025-12-31 04:48 | 2025-12-26 | GAB-Q | GABELLI EQUITY TRUST INC | GABELLI MARIO J | Director, 10% owner, Other | Other | BUY | $10.00 | 667,500 | $6,675,000 | 167,500 | +100.0% |
| 2025-12-30 23:26 | 2025-12-26 | GRX-G | Gabelli Healthcare & WellnessRx Trust | GABELLI MARIO J | Director, 10% owner, Other | Other | BUY | $10.00 | 100,000 | $1,000,000 | 500,000 | +25.0% |
| 2025-12-31 02:05 | 2025-12-29 | N-A | N/A | TPG GP A, LLC | 10% owner | Other | BUY | $25.15 | 3,976,001 | $100,000,000 | 16,737,834 | +31.2% |
| 2025-12-30 01:12 | 2025-12-23 | NRXS | Neuraxis, INC | Aharon Gil | Director | Electromedical & Electrotherapeutic Apparatus | BUY | $3.52 | 286,138 | $1,007,206 | 286,138 | +100.0% |
| 2025-12-29 20:18 | 2025-12-23 | N/A | N/A | UAW Chrysler Retirees Medical Benefits Plan | 10% owner | Other | BUY | $9.83 | 2,014,443 | $19,801,975 | 32,602,755 | +6.6% |
| 2025-12-30 02:15 | 2025-12-22 | NAVN | Navan, Inc. | Andreessen Horowitz LSV Fund III, L.P. | 10% owner | Services-Prepackaged Software | BUY | $15.83 | 1,056,534 | $16,723,665 | 7,323,480 | +16.9% |
| 2025-12-30 02:15 | 2025-12-22 | NAVN | Navan, Inc. | Andreessen Horowitz Fund V, L.P. | 10% owner | Services-Prepackaged Software | BUY | $15.83 | 1,056,534 | $16,723,665 | 7,323,480 | +16.9% |
| 2025-12-30 03:31 | 2025-12-23 | BNTC | Benitec Biopharma Inc. | SUVRETTA CAPITAL MANAGEMENT, LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $13.20 | 144,223 | $1,903,138 | 1,848,156 | +8.5% |
| 2025-12-30 00:30 | 2025-12-24 | ADC | Agree Realty Corporation | RAKOLTA JOHN JR | Director | Real Estate Investment Trusts | BUY | $72.18 | 15,000 | $1,082,700 | 562,606 | +2.7% |
| 2025-12-30 01:16 | 2025-12-22 | MRUS | Merus N.V. | GENMAB A/S | 10% owner | Pharmaceutical Preparations | BUY | $97.00 | 815,444 | $79,098,068 | 72,828,509 | +1.1% |
| 2025-12-30 05:36 | 2025-12-22 | UA | Under Armour, Inc. | WATSA V PREM ET AL | 10% owner | Apparel & Other Finishd Prods of Fabrics & Similar Matl | BUY | $4.53 | 15,681,964 | $70,964,023 | 7,779,364 | +100.0% |
| 2025-12-30 04:36 | 2025-12-29 | DLPN | Dolphin Entertainment, Inc. | O'Dowd William IV | Director, Officer - Chief Executive Officer | Services-Personal Services | BUY | $1,377.00 | 3,600 | $4,957,200 | 416,990 | +0.9% |
| 2025-12-30 02:15 | 2025-12-22 | NAVN | Navan, Inc. | HOROWITZ BENJAMIN A | Director, 10% owner | Services-Prepackaged Software | BUY | $15.83 | 1,056,534 | $16,723,665 | 7,323,480 | +16.9% |
| 2025-12-30 02:15 | 2025-12-22 | NAVN | Navan, Inc. | Andreessen Horowitz LSV Fund I, L.P. | 10% owner | Services-Prepackaged Software | BUY | $15.83 | 1,056,534 | $16,723,665 | 7,323,480 | +16.9% |
| 2025-12-30 03:00 | 2025-12-23 | WRB | BERKLEY W R CORP | MITSUI SUMITOMO INSURANCE CO LTD | 10% owner | Fire, Marine & Casualty Insurance | BUY | $70.53 | 879,573 | $62,037,867 | 50,091,511 | +1.8% |
| 2025-12-30 01:26 | 2025-12-01 | N-A | N/A | UNIVERSITY OF TEXAS/TEXAS AM INVESTMENT MANAGEMENT CO | 10% owner | Other | BUY | $14.12 | 609,116 | $8,600,713 | 6,770,911 | +9.9% |
| 2025-12-24 00:36 | 2025-12-19 | N/A | N/A | Apollo Principal Holdings B GP, LLC | 10% owner | Other | BUY | $27.04 | 3,143,491 | $85,000,000 | 26,342,276 | +13.6% |
| 2025-12-24 00:36 | 2025-12-19 | N/A | N/A | Apollo Principal Holdings B GP, LLC | 10% owner | Other | BUY | $27.43 | 3,463,361 | $95,000,000 | 28,033,075 | +14.1% |
| 2025-12-24 00:28 | 2025-12-19 | N/A | N/A | Wood Alisa A. | Director, Officer - Co-Chief Executive Officer | Other | BUY | $32.53 | 30,745 | $1,000,141 | 30,745 | +100.0% |
| 2025-12-24 00:10 | 2025-12-19 | HYMC | HYCROFT MINING HOLDING CORP | Sprott Eric | 10% owner | Gold and Silver Ores | BUY | $16.31 | 150,000 | $2,446,500 | 30,756,352 | +0.5% |
| 2025-12-24 00:25 | 2025-12-22 | NKE | NIKE, Inc. | COOK TIMOTHY D | Director | Rubber & Plastics Footwear | BUY | $58.97 | 50,000 | $2,948,500 | 105,480 | +90.1% |
| 2025-12-23 00:53 | 2025-12-19 | N/A | N/A | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 10% owner | Other | BUY | $14.84 | 336,927 | $5,000,000 | 6,451,123 | +5.5% |
| 2025-12-23 00:30 | 2025-12-18 | MDLN | Medline Inc. | Mills Charles N. | Director | Surgical & Medical Instruments & Apparatus | BUY | $29.00 | 2,579,310 | $74,799,990 | 137,931 | +100.0% |
| 2025-12-23 00:30 | 2025-12-18 | MDLN | Medline Inc. | Mills Andrew J. | Director | Surgical & Medical Instruments & Apparatus | BUY | $29.00 | 2,586,206 | $74,999,974 | 2,586,206 | +100.0% |
| 2025-12-23 01:15 | 2025-12-18 | MRUS | Merus N.V. | GENMAB A/S | 10% owner | Pharmaceutical Preparations | BUY | $97.00 | 278,441 | $27,008,777 | 72,013,065 | +0.4% |
| 2025-12-23 00:24 | 2017-08-28 | CNK | Cinemark Holdings, Inc. | Zoradi Mark | Director | Services-Motion Picture Theaters | BUY | $21.57 | 50,000 | $1,078,550 | 123,846 | +67.7% |
| 2025-12-23 00:55 | 2025-12-19 | N/A | N/A | BCRED X HOLDINGS LLC | 10% owner | Other | BUY | $26.01 | 384,468 | $10,000,000 | 5,205,353 | +8.0% |
| 2025-12-23 03:54 | 2025-12-18 | MCFT | MasterCraft Boat Holdings, Inc. | Coliseum Capital Management, LLC | 10% owner | Ship & Boat Building & Repairing | BUY | $19.65 | 134,807 | $2,649,362 | 3,697,422 | +3.8% |
| 2025-12-23 01:26 | 2025-12-18 | MDLN | Medline Inc. | GIC Private Ltd | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $29.00 | 12,586,206 | $364,999,974 | 27,241,378 | +85.9% |
| 2025-12-23 03:24 | 2025-11-24 | N/A | N/A | Audax Private Credit Business, LP | 10% owner | Other | BUY | $24.89 | 415,415 | $10,340,925 | 202,126 | +100.0% |
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.