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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-09-10 23:01 | 2020-09-04 | BW | Babcock & Wilcox Enterprises, Inc. | B. Riley Financial, Inc. | Director, 10% owner | Heating Equipment, Except Electric & Warm Air Furnaces | BUY | $2.45 | 2,040,816 | $4,999,999 | 7,916,430 | +34.7% |
| 2020-09-11 03:09 | 2020-09-08 | TRTX | TPG RE Finance Trust, Inc. | TPG Group Holdings (SBS) Advisors, Inc. | 10% owner | Real Estate Investment Trusts | BUY | $8.98 | 241,697 | $2,169,956 | 6,863,182 | +3.7% |
| 2020-09-10 03:31 | 2020-09-04 | GOGO | Gogo Inc. | Silver (Equity) Holdings, LP | 10% owner | Communications Services, NEC | BUY | $10.14 | 2,606,359 | $26,435,257 | 12,674,482 | +25.9% |
| 2020-09-09 16:41 | 2020-06-30 | CLNH | Nutex Health Inc. | Schimmel Lawrence | Officer - Chief Executive Officer | Services-Business Services, NEC | BUY | $65,000.00 | 44,828 | $2,913,820,000 | 126,355 | +55.0% |
| 2020-09-09 16:34 | 2020-08-12 | CLNH | Nutex Health Inc. | Meiri David | Director | Services-Business Services, NEC | BUY | $20,000.00 | 31,746 | $634,920,000 | 266,627 | +13.5% |
| 2020-09-09 16:31 | 2020-08-12 | CLNH | Nutex Health Inc. | Creem Mitchell | Director | Services-Business Services, NEC | BUY | $20,000.00 | 31,746 | $634,920,000 | 31,746 | +100.0% |
| 2020-09-09 16:24 | 2020-08-12 | CLNH | Nutex Health Inc. | Breslin Terence Martin | Director, 10% owner | Services-Business Services, NEC | BUY | $20,000.00 | 31,746 | $634,920,000 | 724,496 | +4.6% |
| 2020-09-10 00:59 | 2020-09-04 | ODT | N/A | Davis Aaron I. | Director, 10% owner | Other | BUY | $14.99 | 225,000 | $3,371,625 | 4,991,886 | +4.7% |
| 2020-09-09 17:02 | 2020-08-12 | CLNH | Nutex Health Inc. | Hosseinion Warren | Director | Services-Business Services, NEC | BUY | $20,000.00 | 31,746 | $634,920,000 | 237,521 | +15.4% |
| 2020-09-10 02:41 | 2020-09-04 | IGMS | N/A | Redmile Group, LLC | Director, 10% owner | Other | BUY | $50.52 | 144,806 | $7,316,019 | 3,425,811 | +4.4% |
| 2020-09-10 00:00 | 2020-09-04 | XRX | Xerox Holdings Corp | ICAHN CARL C | 10% owner | Computer Peripheral Equipment, NEC | BUY | $18.61 | 161,408 | $3,003,916 | 27,466,027 | +0.6% |
| 2020-09-09 23:39 | 2020-09-04 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub Lawrence E | Director, Officer - Chairman | Other | BUY | $12.83 | 106,780 | $1,370,318 | 1,606,590 | +7.1% |
| 2020-09-09 23:56 | 2020-09-04 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub David | Director, Officer - Chief Executive Officer | Other | BUY | $12.83 | 106,780 | $1,370,318 | 1,606,590 | +7.1% |
| 2020-09-09 16:18 | 2020-08-12 | CLNH | Nutex Health Inc. | Waters John J | Director | Services-Business Services, NEC | BUY | $20,000.00 | 31,746 | $634,920,000 | 31,746 | +100.0% |
| 2020-09-10 00:04 | 2020-09-04 | KRTX | N/A | HEALY JAMES | Director | Other | BUY | $71.74 | 62,282 | $4,467,905 | 1,947,884 | +3.3% |
| 2020-09-10 01:55 | 2020-09-04 | LJPC | N/A | TANG KEVIN C | Director, 10% owner | Other | BUY | $3.94 | 278,369 | $1,096,830 | 9,405,490 | +3.0% |
| 2020-09-09 19:21 | 2020-06-05 | OVTZ | OCULUS INC. | HELLIKER FABRICE | Director | Services-Business Services, NEC | BUY | $11.20 | 325,000 | $3,640,000 | 325,000 | +100.0% |
| 2020-09-10 00:59 | 2020-09-04 | ODT | N/A | Boxer Capital, LLC | Director, 10% owner | Other | BUY | $14.99 | 225,000 | $3,371,625 | 4,991,886 | +4.7% |
| 2020-09-08 23:05 | 2020-09-04 | SUM | N/A | Noonan Anne P | Director, Officer - President & CEO | Other | BUY | $15.24 | 66,000 | $1,005,840 | 66,000 | +100.0% |
| 2020-09-08 15:50 | 2020-09-04 | BW | Babcock & Wilcox Enterprises, Inc. | B. Riley Financial, Inc. | Director, 10% owner | Heating Equipment, Except Electric & Warm Air Furnaces | BUY | $2.45 | 2,040,816 | $4,999,999 | 4,044,702 | +101.8% |
| 2020-09-08 23:11 | - | VKIN | N/A | Caruso Troy Andrew | 10% owner | Other | BUY | $0.14 | 7,529,455 | $1,046,594 | 44,258,442 | +20.5% |
| 2020-09-09 00:58 | 2020-09-03 | KOD | Kodiak Sciences Inc. | BAKER BROS. ADVISORS LP | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $47.43 | 322,979 | $15,318,313 | 11,090,409 | +3.0% |
| 2020-09-09 02:08 | 2020-09-03 | MRUS | Merus N.V. | BVF PARTNERS L P/IL | 10% owner | Pharmaceutical Preparations | BUY | $11.17 | 201,906 | $2,255,290 | 359,710 | +127.9% |
| 2020-09-05 00:29 | 2020-09-04 | IMVT | Immunovant, Inc. | Roivant Sciences Ltd. | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $33.00 | 380,000 | $12,540,000 | 47,593,419 | +0.8% |
| 2020-09-05 00:10 | 2020-09-03 | LIND | LINDBLAD EXPEDITIONS HOLDINGS, INC. | Smith, Jr. Thomas S. | Director | Transportation Services | BUY | $11.07 | 215,290 | $2,383,368 | 273,322 | +371.0% |
| 2020-09-05 04:21 | 2020-09-02 | CAR | AVIS BUDGET GROUP, INC. | SRS Investment Management, LLC | Director, 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $34.73 | 117,499 | $4,081,128 | 17,769,379 | +0.7% |
| 2020-09-05 02:09 | 2020-09-02 | QDEL | N/A | Strobeck Matthew | Director | Other | BUY | $166.07 | 7,700 | $1,278,764 | 38,145 | +25.3% |
| 2020-09-04 23:04 | 2020-08-28 | FPAC | N/A | Third Point LLC | 10% owner | Other | BUY | $9.50 | 6,421,052 | $60,999,994 | 10,421,052 | +160.5% |
| 2020-09-04 23:37 | 2020-09-02 | THM | INTERNATIONAL TOWER HILL MINES LTD | PAULSON & CO. INC. | 10% owner | Metal Mining | BUY | $1.40 | 2,337,410 | $3,272,374 | 61,930,724 | +3.9% |
| 2020-09-03 15:43 | 2020-09-02 | FRG | N/A | KAHN BRIAN RANDALL | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $25.50 | 175,000 | $4,462,500 | 176,373 | +12,745.8% |
| 2020-09-04 02:57 | 2020-09-01 | IGMS | N/A | Redmile Group, LLC | Director, 10% owner | Other | BUY | $47.21 | 136,649 | $6,450,803 | 3,281,005 | +4.3% |
| 2020-09-03 23:30 | 2020-09-02 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub Lawrence E | Director, Officer - Chairman | Other | BUY | $13.29 | 84,792 | $1,127,149 | 1,492,604 | +6.0% |
| 2020-09-03 23:02 | 2020-09-02 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub David | Director, Officer - Chief Executive Officer | Other | BUY | $13.29 | 84,792 | $1,127,149 | 1,492,604 | +6.0% |
| 2020-09-03 23:37 | 2020-08-10 | EYE | National Vision Holdings, Inc. | PEELER D RANDOLPH | Director | Ophthalmic Goods | BUY | $35.23 | 28,410 | $1,000,938 | 28,410 | +100.0% |
| 2020-09-04 00:32 | 2020-09-01 | NGM | N/A | COLUMN GROUP L P | Director, 10% owner | Other | BUY | $17.65 | 64,089 | $1,131,357 | 1,827,025 | +3.6% |
| 2020-09-03 17:49 | 2020-09-02 | THM | INTERNATIONAL TOWER HILL MINES LTD | Electrum Strategic Opportunities Fund II L.P. | 10% owner | Metal Mining | BUY | $1.40 | 1,042,201 | $1,459,081 | 27,613,581 | +3.9% |
| 2020-09-03 23:12 | 2020-09-01 | GBLI | Global Indemnity Group, LLC | FOX SAUL A | Director, 10% owner | Fire, Marine & Casualty Insurance | BUY | $24.70 | 108,107 | $2,670,243 | 1,664,913 | +6.9% |
| 2020-09-04 00:57 | 2020-09-01 | COTY | COTY INC. | Goudet Olivier | Director | Perfumes, Cosmetics & Other Toilet Preparations | BUY | $3.56 | 290,000 | $1,031,269 | 419,129 | +224.6% |
| 2020-09-03 23:38 | 2020-09-02 | RGT | ROYCE GLOBAL TRUST, INC. | ROYCE CHARLES M | Other | Other | BUY | $14.28 | 499,351 | $7,130,732 | 788,056 | +173.0% |
| 2020-09-02 15:24 | 2020-08-31 | SDC | N/A | Katzman Jordan M. | Director, 10% owner | Other | BUY | $8.05 | 663,130 | $5,338,197 | 663,130 | +100.0% |
| 2020-09-03 00:04 | 2020-09-02 | BKR | Baker Hughes Co | Simonelli Lorenzo | Director, Officer - Chairman, President and CEO | Oil & Gas Field Machinery & Equipment | BUY | $14.12 | 71,275 | $1,006,104 | 287,096 | +33.0% |
| 2020-09-03 00:12 | 2020-08-31 | N/A | N/A | Golub Lawrence E | Director, Officer - Chairman | Other | BUY | $14.68 | 103,207 | $1,515,312 | 625,862 | +19.7% |
| 2020-09-03 00:08 | 2020-08-31 | N/A | N/A | Golub David | Director, Officer - President and CEO | Other | BUY | $14.68 | 103,207 | $1,515,312 | 625,862 | +19.7% |
| 2020-09-02 15:25 | 2020-08-31 | SDC | N/A | KATZMAN DAVID B | Director, Officer, 10% owner - CEO and Chairman | Other | BUY | $8.07 | 1,278,130 | $10,319,749 | 615,000 | +100.0% |
| 2020-09-02 23:15 | 2020-08-31 | GBLI | Global Indemnity Group, LLC | FOX SAUL A | Director, 10% owner | Fire, Marine & Casualty Insurance | BUY | $23.37 | 163,059 | $3,810,689 | 1,556,806 | +11.7% |
| 2020-09-02 21:57 | 2020-08-28 | CRGS | N/A | GOLISANO B THOMAS | 10% owner | Other | BUY | $150,000.00 | 45,000 | $6,750,000,000 | 45,000 | +100.0% |
| 2020-09-02 23:10 | 2020-09-01 | IVZ | Invesco Ltd. | FLANAGAN MARTIN L | Director, Officer - President & CEO | Investment Advice | BUY | $10.19 | 294,507 | $2,999,996 | 519,507 | +130.9% |
| 2020-09-02 00:26 | 2020-08-28 | IMBI | N/A | Lalo Eyal | Director | Other | BUY | $6.25 | 256,000 | $1,600,000 | 1,349,370 | +23.4% |
| 2020-09-02 04:33 | 2020-08-28 | CAR | AVIS BUDGET GROUP, INC. | SRS Investment Management, LLC | Director, 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $34.55 | 222,050 | $7,672,538 | 17,651,880 | +1.3% |
| 2020-09-01 23:30 | 2020-08-28 | ODT | N/A | Davis Aaron I. | Director, 10% owner | Other | BUY | $14.25 | 1,403,509 | $20,000,003 | 4,766,886 | +41.7% |
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.