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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-12-22 23:03 | 2020-12-18 | UEPS | LESAKA TECHNOLOGIES INC | Ball Antony C | Director | Functions Related To Depository Banking, NEC | BUY | $3.97 | 279,728 | $1,110,520 | 12,234,863 | +2.3% |
| 2020-12-22 22:59 | 2020-12-18 | UEPS | LESAKA TECHNOLOGIES INC | Value Capital Partners (Pty) Ltd | 10% owner | Functions Related To Depository Banking, NEC | BUY | $3.97 | 279,728 | $1,110,520 | 12,234,863 | +2.3% |
| 2020-12-23 01:00 | 2020-12-18 | UPST | Upstart Holdings, Inc. | Loeb Daniel S | 10% owner, Other | Finance Services | BUY | $20.00 | 1,200,000 | $24,000,000 | 13,381,222 | +9.9% |
| 2020-12-23 02:48 | 2020-12-22 | JKHY | JACK HENRY & ASSOCIATES INC | WIMSETT THOMAS A | Director | Services-Computer Integrated Systems Design | BUY | $156.35 | 8,900 | $1,391,500 | 32,841 | +37.2% |
| 2020-12-22 02:00 | 2020-12-18 | ARVN | Arvinas Inc. | Ratcliffe Liam | Director | Pharmaceutical Preparations | BUY | $70.00 | 142,857 | $9,999,990 | 822,857 | +21.0% |
| 2020-12-22 00:06 | 2020-12-17 | GME | GameStop Corp. | Cohen Ryan | 10% owner, Other | Retail-Computer & Computer Software Stores | BUY | $15.51 | 1,226,400 | $19,025,879 | 9,001,000 | +15.8% |
| 2020-12-19 04:00 | 2020-12-16 | GDYN | GRID DYNAMICS HOLDINGS, INC. | Livshitz Victoria | Officer - EVP of Customer Success | Services-Prepackaged Software | BUY | $11.72 | 126,000 | $1,476,985 | 119,343 | +100.0% |
| 2020-12-19 00:33 | 2020-12-17 | N/A | N/A | Fresno County Employees' Retirement Association | 10% owner | Other | BUY | $19.61 | 187,172 | $3,670,443 | 6,028,132 | +3.2% |
| 2020-12-19 02:43 | 2020-12-18 | ATH | Athene Holding Ltd. | Belardi James Richard | Director, Officer - Chairman, CEO and CIO | Life Insurance | BUY | $25.00 | 40,000 | $1,000,000 | 40,000 | +100.0% |
| 2020-12-18 22:26 | 2020-12-16 | VTA | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $10.38 | 316,090 | $3,280,698 | 9,050,576 | +3.6% |
| 2020-12-18 22:00 | 2020-12-16 | EFT | Eaton Vance Floating-Rate Income Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.26 | 612,666 | $8,122,726 | 5,840,657 | +11.7% |
| 2020-12-19 00:54 | 2020-12-14 | UEPS | LESAKA TECHNOLOGIES INC | Ball Antony C | Director | Functions Related To Depository Banking, NEC | BUY | $3.56 | 692,088 | $2,465,287 | 11,955,135 | +6.1% |
| 2020-12-19 00:53 | 2020-12-14 | UEPS | LESAKA TECHNOLOGIES INC | Nkosi Monde | Director | Functions Related To Depository Banking, NEC | BUY | $3.56 | 692,088 | $2,465,287 | 11,955,135 | +6.1% |
| 2020-12-19 00:53 | 2020-12-14 | UEPS | LESAKA TECHNOLOGIES INC | Value Capital Partners (Pty) Ltd | 10% owner | Functions Related To Depository Banking, NEC | BUY | $3.56 | 692,088 | $2,465,287 | 11,955,135 | +6.1% |
| 2020-12-19 01:35 | 2020-12-16 | PDLI | N/A | Silver Point Capital L.P. | 10% owner | Other | BUY | $2.59 | 1,748,000 | $4,521,726 | 15,261,460 | +12.9% |
| 2020-12-18 00:17 | 2020-12-15 | ROCCU | Reservoir Media, Inc. | CR Financial Holdings, Inc. | 10% owner | Services-Amusement & Recreation Services | BUY | $10.00 | 180,562 | $1,805,620 | 2,068,252 | +9.6% |
| 2020-12-18 00:15 | 2020-12-15 | ROCCU | Reservoir Media, Inc. | Roth Byron | Director, Officer, 10% owner - Chief Executive Officer | Services-Amusement & Recreation Services | BUY | $10.00 | 190,667 | $1,906,670 | 2,068,252 | +10.2% |
| 2020-12-18 01:39 | 2020-12-15 | FDMT | 4D Molecular Therapeutics, Inc. | YAO TONY DUNG LING | Director | Biological Products, (No Diagnostic Substances) | BUY | $23.00 | 425,000 | $9,775,000 | 1,060,880 | +66.8% |
| 2020-12-17 17:43 | 2020-12-16 | PCPL | N/A | Alyeska Investment Group, L.P. | 10% owner | Other | BUY | $10.29 | 208,800 | $2,148,552 | 4,668,639 | +4.7% |
| 2020-12-18 04:30 | 2020-12-15 | ABCL | AbCellera Biologics Inc. | Hayden Michael R | Director | Pharmaceutical Preparations | BUY | $20.00 | 73,665 | $1,473,300 | 118,245 | +165.2% |
| 2020-12-18 04:38 | 2020-12-15 | ABCL | AbCellera Biologics Inc. | THIEL PETER | Director | Pharmaceutical Preparations | BUY | $20.00 | 3,000,000 | $60,000,000 | 10,179,880 | +41.8% |
| 2020-12-18 01:40 | 2020-12-15 | FDMT | 4D Molecular Therapeutics, Inc. | MILLIGAN JOHN F | Director | Biological Products, (No Diagnostic Substances) | BUY | $23.00 | 100,000 | $2,300,000 | 100,000 | +100.0% |
| 2020-12-18 01:02 | 2020-12-17 | VTVT | vTv Therapeutics Inc. | PERELMAN RONALD O | 10% owner | Pharmaceutical Preparations | BUY | $1.60 | 625,000 | $1,000,000 | 36,606,212 | +1.7% |
| 2020-12-18 00:16 | 2020-12-15 | ROCCU | Reservoir Media, Inc. | ROTH GORDON J | Officer, 10% owner - Chief Financial Officer | Services-Amusement & Recreation Services | BUY | $10.00 | 182,641 | $1,826,410 | 2,068,252 | +9.7% |
| 2020-12-18 05:15 | 2020-12-15 | FDMT | 4D Molecular Therapeutics, Inc. | VIKING GLOBAL INVESTORS LP | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $23.00 | 1,100,000 | $25,300,000 | 3,937,914 | +38.8% |
| 2020-12-17 22:39 | 2020-12-16 | LXRX | LEXICON PHARMACEUTICALS, INC. | Invus Public Equities, L.P. | Director, 10% owner | Pharmaceutical Preparations | BUY | $3.20 | 10,937,500 | $35,000,000 | 32,259,461 | +51.3% |
| 2020-12-17 22:43 | 2020-12-16 | LXRX | LEXICON PHARMACEUTICALS, INC. | Artal International S.C.A. | Director, 10% owner | Pharmaceutical Preparations | BUY | $3.20 | 10,937,500 | $35,000,000 | 32,259,461 | +51.3% |
| 2020-12-17 02:23 | 2020-12-14 | UHAL | U-Haul Holding Co /NV/ | SHOEN EDWARD J | Director, Officer, 10% owner - Chairman/President | Services-Auto Rental & Leasing (No Drivers) | BUY | $428.55 | 5,000 | $2,142,743 | 8,342,804 | +0.1% |
| 2020-12-16 22:28 | 2020-11-19 | TLS | TELOS CORP | Schaufeld Fredrick | Director | Services-Computer Integrated Systems Design | BUY | $17.00 | 255,449 | $4,342,633 | 255,449 | +100.0% |
| 2020-12-17 02:24 | 2020-12-14 | UHAL | U-Haul Holding Co /NV/ | Willow Grove Holdings LP | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $428.55 | 5,000 | $2,142,743 | 749,920 | +0.7% |
| 2020-12-16 22:53 | 2020-12-14 | GIM | Saba Capital Income & Opportunities Fund II | Saba Capital Management, L.P. | 10% owner | Other | BUY | $5.43 | 500,489 | $2,715,553 | 17,636,264 | +2.9% |
| 2020-12-16 22:56 | 2020-12-14 | VTA | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $10.28 | 120,931 | $1,243,171 | 8,734,486 | +1.4% |
| 2020-12-17 02:06 | 2020-12-16 | SONA | Primis Financial Corp. | Zember Dennis J JR | Director, Officer - President/CEO | State Commercial Banks | BUY | $11.57 | 100,000 | $1,157,000 | 150,000 | +200.0% |
| 2020-12-17 02:23 | 2020-12-14 | UHAL | U-Haul Holding Co /NV/ | SHOEN MARK V | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $428.55 | 5,000 | $2,142,743 | 8,342,804 | +0.1% |
| 2020-12-16 05:02 | 2020-12-11 | DASH | DoorDash, Inc. | Lin Alfred | Director, 10% owner | Services-Business Services, NEC | BUY | $102.00 | 250,000 | $25,500,000 | 5,350 | +100.0% |
| 2020-12-16 03:07 | 2020-12-14 | ALXO | Alx Oncology Holdings Inc. | Graham G. Walmsley | Director | Pharmaceutical Preparations | BUY | $76.00 | 20,000 | $1,520,000 | 995,000 | +2.1% |
| 2020-12-16 04:31 | 2020-12-11 | IGMS | N/A | Topsoe Jakob Haldor | Director, 10% owner | Other | BUY | $90.00 | 111,111 | $9,999,990 | 10,400,564 | +1.1% |
| 2020-12-16 04:30 | 2020-12-11 | IGMS | N/A | Topsoe Christina Teng | Director, 10% owner | Other | BUY | $90.00 | 111,111 | $9,999,990 | 10,400,564 | +1.1% |
| 2020-12-16 04:29 | 2020-12-11 | IGMS | N/A | Haldor Topsoe Holding A/S | 10% owner | Other | BUY | $90.00 | 111,111 | $9,999,990 | 10,400,564 | +1.1% |
| 2020-12-16 03:12 | 2020-12-11 | XOMA | XOMA Royalty Corp | PERRY MATTHEW D | Director, Other | Pharmaceutical Preparations | BUY | $25.00 | 200,000 | $5,000,000 | 200,000 | +100.0% |
| 2020-12-15 19:43 | 2020-12-11 | PCPL | N/A | Alyeska Investment Group, L.P. | 10% owner | Other | BUY | $10.29 | 518,940 | $5,342,124 | 4,633,839 | +12.6% |
| 2020-12-16 03:17 | 2020-12-11 | AYTU | AYTU BIOPHARMA, INC | ARMISTICE CAPITAL, LLC | Director | Pharmaceutical Preparations | BUY | $6.00 | 1,333,334 | $8,000,004 | 1,333,334 | +100.0% |
| 2020-12-16 04:28 | 2020-12-11 | IGMS | N/A | BEHRENS M KATHLEEN | Director | Other | BUY | $90.00 | 44,444 | $3,999,960 | 21,111 | +100.0% |
| 2020-12-16 05:04 | 2020-12-11 | DASH | DoorDash, Inc. | SC US (TTGP), LTD. | 10% owner | Services-Business Services, NEC | BUY | $102.00 | 250,000 | $25,500,000 | 5,350 | +100.0% |
| 2020-12-16 03:09 | 2020-12-11 | XOMA | XOMA Royalty Corp | BVF PARTNERS L P/IL | Director, 10% owner, Other | Pharmaceutical Preparations | BUY | $25.00 | 200,000 | $5,000,000 | 200,000 | +100.0% |
| 2020-12-16 03:00 | 2020-12-11 | PDLI | N/A | Silver Point Capital L.P. | 10% owner | Other | BUY | $2.57 | 2,090,000 | $5,369,210 | 13,513,460 | +18.3% |
| 2020-12-14 18:49 | 2020-12-14 | DGICA | DONEGAL GROUP INC | DONEGAL MUTUAL INSURANCE CO | 10% owner | Fire, Marine & Casualty Insurance | BUY | $14.16 | 100,000 | $1,415,800 | 10,267,692 | +1.0% |
| 2020-12-14 20:57 | 2020-12-10 | GIM | Saba Capital Income & Opportunities Fund II | Saba Capital Management, L.P. | 10% owner | Other | BUY | $5.43 | 695,882 | $3,780,936 | 17,135,775 | +4.2% |
| 2020-12-14 18:42 | 2020-12-10 | PCPL | N/A | Alyeska Investment Group, L.P. | 10% owner | Other | BUY | $10.28 | 1,813,848 | $18,654,338 | 4,547,349 | +66.4% |
| 2020-12-15 03:19 | 2020-12-10 | RCKT | ROCKET PHARMACEUTICALS, INC. | RTW INVESTMENTS, LP | Director, 10% owner | Pharmaceutical Preparations | BUY | $56.00 | 247,720 | $13,872,320 | 17,530,044 | +1.4% |
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.