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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-11-02 23:08 | 2020-10-30 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $21.82 | 578,147 | $12,614,253 | 31,692,662 | +1.9% |
| 2020-11-02 21:21 | 2020-10-30 | N-A | N/A | Manulife (International) Ltd | 10% owner | Other | BUY | $21.82 | 372,736 | $8,132,509 | 20,432,512 | +1.9% |
| 2020-11-03 05:52 | 2020-10-29 | GTX | Garrett Motion Inc. | HONEYWELL INTERNATIONAL INC | Other | Motor Vehicle Parts & Accessories | BUY | $3.76 | 1,948,349 | $7,332,027 | 2,415,549 | +417.0% |
| 2020-11-02 14:02 | 2020-10-30 | INOV | N/A | Dunleavy Keith R | Director, Officer, 10% owner - CEO and Chairman of the Board | Other | BUY | $19.62 | 60,000 | $1,177,140 | 660,000 | +10.0% |
| 2020-11-03 00:34 | 2020-10-30 | SQZ | N/A | AMERICAN INTERNATIONAL GROUP INC | 10% owner | Other | BUY | $16.00 | 625,000 | $10,000,000 | 625,000 | +100.0% |
| 2020-11-03 04:46 | 2020-10-30 | HCCO | N/A | Alyeska Investment Group, L.P. | 10% owner | Other | BUY | $9.15 | 150,000 | $1,372,500 | 3,200,000 | +4.9% |
| 2020-11-03 04:39 | 2020-10-30 | HCCO | N/A | Alyeska Investment Group, L.P. | 10% owner | Other | BUY | $9.06 | 450,000 | $4,077,000 | 3,175,000 | +16.5% |
| 2020-11-02 14:57 | 2020-10-30 | OPK | OPKO HEALTH, INC. | FROST PHILLIP MD ET AL | Director, Officer, 10% owner - CEO & Chairman | Pharmaceutical Preparations | BUY | $3.45 | 600,000 | $2,072,820 | 190,821,694 | +0.3% |
| 2020-11-03 02:01 | 2020-10-29 | CVLG | COVENANT LOGISTICS GROUP, INC. | TWEED JOHN A | Officer - Co-President and COO | Trucking (No Local) | BUY | $14.08 | 97,688 | $1,375,359 | 37,920 | +100.0% |
| 2020-10-31 03:00 | 2020-10-28 | ARCC | Ares Capital Corporation | deVeer R. Kipp | Director, Officer - Chief Executive Officer | Other | BUY | $13.98 | 75,000 | $1,048,500 | 300,000 | +33.3% |
| 2020-10-30 16:17 | 2020-10-29 | RTX | RTX Corp | Kennedy Thomas A | Director, Officer - Executive Chairman | Aircraft Engines & Engine Parts | BUY | $52.47 | 19,059 | $1,000,016 | 362,541 | +5.5% |
| 2020-10-30 16:15 | 2020-10-28 | RTX | RTX Corp | HAYES GREGORY | Director, Officer - President and CEO | Aircraft Engines & Engine Parts | BUY | $54.82 | 55,000 | $3,015,001 | 255,365 | +27.4% |
| 2020-10-30 00:44 | 2020-10-27 | CERF | N/A | PFIZER INC | 10% owner | Other | BUY | $10.00 | 1,200,000 | $12,000,000 | 27,349,211 | +4.6% |
| 2020-10-29 22:44 | 2020-10-27 | PRTY | N/A | SOSIN CLIFFORD | 10% owner | Other | BUY | $1.82 | 1,225,000 | $2,229,868 | 13,515,199 | +10.0% |
| 2020-10-30 03:00 | 2020-10-27 | CERE | N/A | Koppel Adam | Director, 10% owner | Other | BUY | $10.00 | 10,000,000 | $100,000,000 | 60,300,063 | +19.9% |
| 2020-10-30 03:00 | 2020-10-27 | CERE | N/A | Gordon Christopher R | Director, 10% owner | Other | BUY | $10.00 | 10,000,000 | $100,000,000 | 60,300,063 | +19.9% |
| 2020-10-29 22:26 | 2020-10-27 | EFT | Eaton Vance Floating-Rate Income Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $12.79 | 112,034 | $1,432,915 | 5,227,991 | +2.2% |
| 2020-10-29 23:58 | 2020-10-27 | FHTX | Foghorn Therapeutics Inc. | Flagship Ventures Fund V General Partner LLC | 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 150,000 | $2,400,000 | 1,851,801 | +8.8% |
| 2020-10-30 04:33 | 2020-10-27 | SAFT | SAFETY INSURANCE GROUP INC | SRB Corp | 10% owner | Fire, Marine & Casualty Insurance | BUY | $68.98 | 48,559 | $3,349,629 | 1,630,754 | +3.1% |
| 2020-10-30 03:00 | 2020-10-27 | CERE | N/A | PERCEPTIVE ADVISORS LLC | Director | Other | BUY | $10.00 | 3,000,000 | $30,000,000 | 3,157,295 | +1,907.2% |
| 2020-10-30 03:00 | 2020-10-27 | CERE | N/A | BAIN CAPITAL INVESTORS LLC | 10% owner | Other | BUY | $10.00 | 10,000,000 | $100,000,000 | 60,300,063 | +19.9% |
| 2020-10-29 00:16 | 2020-10-26 | TEKK | N/A | Bailey Morris | Director, 10% owner | Other | BUY | $10.00 | 2,000,000 | $20,000,000 | 2,000,000 | +100.0% |
| 2020-10-29 04:43 | 2020-10-26 | GTX | Garrett Motion Inc. | HONEYWELL INTERNATIONAL INC | Other | Motor Vehicle Parts & Accessories | BUY | $3.58 | 414,600 | $1,486,009 | 467,200 | +788.2% |
| 2020-10-28 13:02 | 2020-10-27 | FHTX | Foghorn Therapeutics Inc. | Abu Dhabi Investment Authority | Other | Pharmaceutical Preparations | BUY | $16.00 | 150,000 | $2,400,000 | 1,231,081 | +13.9% |
| 2020-10-29 00:53 | 2020-10-27 | CCI | CROWN CASTLE INC. | MARTIN J LANDIS | Director | Real Estate Investment Trusts | BUY | $161.19 | 8,050 | $1,297,559 | 50 | +100.0% |
| 2020-10-29 00:25 | 2020-10-26 | LOB | Live Oak Bancshares, Inc. | MAHAN JAMES S III | Director, Officer, 10% owner - Chief Executive Officer | State Commercial Banks | BUY | $34.18 | 154,384 | $5,277,478 | 3,462,961 | +4.7% |
| 2020-10-28 00:07 | 2020-10-26 | APTX | N/A | Bain Capital Life Sciences Investors, LLC | 10% owner | Other | BUY | $3.00 | 3,333,333 | $9,999,999 | 8,891,758 | +60.0% |
| 2020-10-27 18:23 | 2020-10-23 | EFT | Eaton Vance Floating-Rate Income Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $12.75 | 269,103 | $3,429,772 | 5,115,957 | +5.6% |
| 2020-10-26 13:01 | 2020-10-22 | ADC | Agree Realty Corporation | Agree Joey | Director, Officer - President & CEO | Real Estate Investment Trusts | BUY | $65.69 | 15,293 | $1,004,608 | 388,520 | +4.1% |
| 2020-10-23 21:38 | 2020-10-16 | CDAK | N/A | Alaska Permanent Fund Corp | 10% owner | Other | BUY | $15.00 | 235,000 | $3,525,000 | 4,512,895 | +5.5% |
| 2020-10-23 17:08 | 2020-10-21 | EFT | Eaton Vance Floating-Rate Income Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $12.78 | 263,944 | $3,372,756 | 4,846,854 | +5.8% |
| 2020-10-24 00:12 | 2020-10-21 | SELB | Cartesian Therapeutics, Inc. | SPRINGER TIMOTHY A | Director, 10% owner | Pharmaceutical Preparations | BUY | $2.62 | 3,644,692 | $9,556,018 | 14,480,948 | +33.6% |
| 2020-10-23 00:08 | 2020-10-22 | HLXA | MoonLake Immunotherapeutics | Helix Holdings LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $10.00 | 430,000 | $4,300,000 | 430,000 | +100.0% |
| 2020-10-23 01:45 | 2020-10-20 | BTWNU | N/A | Bridgetown LLC/Cayman | 10% owner | Other | BUY | $10.00 | 5,000,000 | $50,000,000 | 5,000,000 | +100.0% |
| 2020-10-23 03:03 | 2020-10-20 | EAR | N/A | Pardo Geoff | Director | Other | BUY | $18.00 | 233,333 | $4,199,994 | 3,918,691 | +6.3% |
| 2020-10-23 02:00 | 2020-10-20 | EAR | N/A | Wu David James | Director | Other | BUY | $18.00 | 111,111 | $1,999,998 | 1,552,369 | +7.7% |
| 2020-10-23 02:52 | 2020-10-20 | EAR | N/A | Makhzoumi Mohamad | 10% owner | Other | BUY | $18.00 | 311,111 | $5,599,998 | 6,520,017 | +5.0% |
| 2020-10-23 02:48 | 2020-10-20 | EAR | N/A | New Enterprise Associates 15, L.P. | 10% owner | Other | BUY | $18.00 | 311,111 | $5,599,998 | 6,520,017 | +5.0% |
| 2020-10-23 02:41 | 2020-10-20 | EAR | N/A | Bisgaard Peter | Director | Other | BUY | $18.00 | 222,222 | $3,999,996 | 2,886,724 | +8.3% |
| 2020-10-23 00:10 | 2020-10-22 | HLXA | MoonLake Immunotherapeutics | Chen Bihua | Director, Officer, 10% owner - CEO and Chairman | Pharmaceutical Preparations | BUY | $10.00 | 430,000 | $4,300,000 | 430,000 | +100.0% |
| 2020-10-23 02:51 | 2020-10-20 | EAR | N/A | Florence Anthony A. Jr. | 10% owner | Other | BUY | $18.00 | 311,111 | $5,599,998 | 6,520,017 | +5.0% |
| 2020-10-23 02:55 | 2020-10-20 | EAR | N/A | Sonsini Peter W. | 10% owner | Other | BUY | $18.00 | 311,111 | $5,599,998 | 6,520,017 | +5.0% |
| 2020-10-23 02:53 | 2020-10-20 | EAR | N/A | Tammenoms Bakker Juliet | Director, 10% owner | Other | BUY | $18.00 | 233,333 | $4,199,994 | 3,918,691 | +6.3% |
| 2020-10-23 02:10 | 2020-10-20 | EAR | N/A | Gilde Healthcare Holding B.V. | 10% owner | Other | BUY | $18.00 | 233,333 | $4,199,994 | 3,918,691 | +6.3% |
| 2020-10-22 23:32 | 2020-10-20 | EAR | N/A | Novo Holdings A/S | 10% owner | Other | BUY | $18.00 | 150,000 | $2,700,000 | 887,071 | +20.4% |
| 2020-10-22 23:31 | 2020-10-20 | ALGS | Aligos Therapeutics Inc. | Novo Holdings A/S | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $15.00 | 200,000 | $3,000,000 | 2,614,563 | +8.3% |
| 2020-10-22 23:24 | 2020-10-20 | RADI | N/A | DKLDO IV Trading Subsidiary LP | 10% owner | Other | BUY | $8.00 | 250,000 | $2,000,000 | 7,102,901 | +3.6% |
| 2020-10-23 02:50 | 2020-10-20 | EAR | N/A | BASKETT FOREST | 10% owner | Other | BUY | $18.00 | 311,111 | $5,599,998 | 6,520,017 | +5.0% |
| 2020-10-23 03:24 | 2020-10-20 | EAR | N/A | Longitude Venture Partners IV, L.P. | 10% owner | Other | BUY | $18.00 | 233,333 | $4,199,994 | 3,918,691 | +6.3% |
| 2020-10-23 02:54 | 2020-10-20 | EAR | N/A | SANDELL SCOTT D | 10% owner | Other | BUY | $18.00 | 311,111 | $5,599,998 | 6,520,017 | +5.0% |
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.