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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-08-19 22:29 | 2020-08-17 | JJSF | J&J SNACK FOODS CORP | SHREIBER GERALD B | Director, Officer, 10% owner - CEO | Cookies & Crackers | BUY | $130.52 | 141,026 | $18,406,714 | 3,837,602 | +3.8% |
| 2020-08-19 23:05 | 2020-08-17 | RRR | Red Rock Resorts, Inc. | FERTITTA FRANK J III | Director, Officer, 10% owner - Chief Executive Officer | Hotels & Motels | BUY | $16.43 | 137,500 | $2,259,125 | 49,263,472 | +0.3% |
| 2020-08-19 23:05 | 2020-08-17 | RRR | Red Rock Resorts, Inc. | FERTITTA LORENZO J | Director, Officer, 10% owner - Vice President | Hotels & Motels | BUY | $16.43 | 137,500 | $2,259,125 | 49,263,472 | +0.3% |
| 2020-08-20 04:41 | 2020-08-17 | CAR | AVIS BUDGET GROUP, INC. | SRS Investment Management, LLC | Director, 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $31.52 | 243,163 | $7,665,057 | 16,932,103 | +1.5% |
| 2020-08-20 00:01 | 2020-08-17 | XRX | Xerox Holdings Corp | ICAHN CARL C | 10% owner | Computer Peripheral Equipment, NEC | BUY | $18.12 | 725,935 | $13,156,265 | 27,304,619 | +2.7% |
| 2020-08-20 00:13 | 2020-08-17 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub Lawrence E | Director, Officer - Chairman | Other | BUY | $12.57 | 132,403 | $1,664,716 | 1,098,821 | +13.7% |
| 2020-08-20 00:11 | 2020-08-17 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub David | Director, Officer - Chief Executive Officer | Other | BUY | $12.57 | 132,403 | $1,664,716 | 1,098,821 | +13.7% |
| 2020-08-18 23:41 | 2020-08-14 | APG | Api Group Corporation | Grunau Paul W. | Officer - CHIEF LEARNING OFFICER | Services-To Dwellings & Other Buildings | BUY | $14.74 | 70,000 | $1,031,800 | 505,078 | +16.1% |
| 2020-08-18 23:10 | 2020-08-17 | N-A | N/A | Manulife (International) Ltd | 10% owner | Other | BUY | $21.95 | 444,572 | $9,759,025 | 20,059,776 | +2.3% |
| 2020-08-18 22:14 | 2020-08-17 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $21.95 | 689,571 | $15,137,125 | 20,304,775 | +3.5% |
| 2020-08-18 23:32 | 2020-08-17 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $21.95 | 689,571 | $15,137,125 | 31,114,515 | +2.3% |
| 2020-08-18 23:05 | 2020-08-14 | RRR | Red Rock Resorts, Inc. | FERTITTA LORENZO J | Director, Officer, 10% owner - Vice President | Hotels & Motels | BUY | $16.36 | 145,000 | $2,372,635 | 49,125,972 | +0.3% |
| 2020-08-18 23:05 | 2020-08-14 | RRR | Red Rock Resorts, Inc. | FERTITTA FRANK J III | Director, Officer, 10% owner - Chief Executive Officer | Hotels & Motels | BUY | $16.36 | 145,000 | $2,372,635 | 49,125,972 | +0.3% |
| 2020-08-19 01:19 | 2020-08-14 | UMRX | Cogent Biosciences, Inc. | Venrock Healthcare Capital Partners III, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $2.52 | 451,000 | $1,137,106 | 4,355,273 | +11.6% |
| 2020-08-18 23:17 | 2020-08-14 | RESI | N/A | Deer Park Road Management Company, LP | 10% owner | Other | BUY | $9.69 | 150,000 | $1,454,040 | 7,682,494 | +2.0% |
| 2020-08-18 23:16 | 2020-08-14 | ASPS | ALTISOURCE PORTFOLIO SOLUTIONS S.A. | Deer Park Road Management Company, LP | 10% owner | Services-Miscellaneous Business Services | BUY | $8.83 | 117,875 | $1,041,390 | 3,737,631 | +3.3% |
| 2020-08-19 00:01 | 2020-08-14 | PSNL | Personalis, Inc. | Lightspeed Venture Partners Select IV, L.P. | Other | Services-Medical Laboratories | BUY | $19.00 | 1,315,789 | $24,999,991 | 1,774,240 | +287.0% |
| 2020-08-19 00:53 | 2020-08-15 | FOX | Fox Corp | MURDOCH LACHLAN K | Director, Officer - Executive Chairman, CEO | Television Broadcasting Stations | BUY | $25.74 | 229,024 | $5,895,078 | 531,450 | +75.7% |
| 2020-08-18 13:05 | 2020-08-14 | ARGO | N/A | REHNBERG KEVIN JAMES | Director, Officer - Chief Executive Officer | Other | BUY | $36.98 | 32,000 | $1,183,354 | 32,000 | +100.0% |
| 2020-08-19 01:53 | 2020-08-14 | AXS | AXIS CAPITAL HOLDINGS LTD | DAVIS CHARLES A | Director | Fire, Marine & Casualty Insurance | BUY | $45.84 | 830,596 | $38,072,943 | 5,500,769 | +17.8% |
| 2020-08-17 16:48 | 2020-08-14 | DGICA | DONEGAL GROUP INC | DONEGAL MUTUAL INSURANCE CO | 10% owner | Fire, Marine & Casualty Insurance | BUY | $14.87 | 101,667 | $1,511,585 | 9,952,692 | +1.0% |
| 2020-08-17 22:24 | 2020-08-13 | RRR | Red Rock Resorts, Inc. | FERTITTA FRANK J III | Director, Officer, 10% owner - Chief Executive Officer | Hotels & Motels | BUY | $15.24 | 176,000 | $2,682,592 | 48,980,972 | +0.4% |
| 2020-08-17 22:19 | 2020-08-13 | RRR | Red Rock Resorts, Inc. | FERTITTA LORENZO J | Director, Officer, 10% owner - Vice President | Hotels & Motels | BUY | $15.24 | 176,000 | $2,682,592 | 48,980,972 | +0.4% |
| 2020-08-17 23:36 | 2020-08-13 | RIVE | N/A | Castle Creek Capital Partners VI, LP | 10% owner | Other | BUY | $7.02 | 215,183 | $1,510,391 | 1,866,648 | +13.0% |
| 2020-08-17 16:30 | 2020-08-13 | VRCA | Verrica Pharmaceuticals Inc. | Manning Paul B | Director, 10% owner | Pharmaceutical Preparations | BUY | $6.44 | 158,500 | $1,020,978 | 1,465,719 | +12.1% |
| 2020-08-18 02:37 | 2020-08-13 | BH | Biglari Holdings Inc. | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Retail-Eating Places | BUY | $159.85 | 20,407 | $3,262,004 | 726,132 | +2.9% |
| 2020-08-18 01:37 | 2020-08-13 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub Lawrence E | Director, Officer - Chairman | Other | BUY | $12.54 | 103,427 | $1,296,582 | 966,418 | +12.0% |
| 2020-08-18 01:35 | 2020-08-13 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub David | Director, Officer - Chief Executive Officer | Other | BUY | $12.54 | 103,427 | $1,296,582 | 966,418 | +12.0% |
| 2020-08-17 23:01 | 2020-08-13 | VAPO | N/A | SMITH THOMAS W | 10% owner, Other | Other | BUY | $29.65 | 50,000 | $1,482,375 | 450,000 | +12.5% |
| 2020-08-18 03:02 | 2020-08-14 | BE | Bloom Energy Corp | IMMELT JEFFREY R | Director | Electrical Industrial Apparatus | BUY | $14.86 | 70,000 | $1,040,354 | 110,058 | +174.7% |
| 2020-08-18 02:12 | 2020-08-13 | NGM | N/A | COLUMN GROUP L P | Director, 10% owner | Other | BUY | $17.65 | 64,313 | $1,135,362 | 1,681,997 | +4.0% |
| 2020-08-17 22:24 | 2020-08-13 | UTGN | UTG INC | CORRELL JESSE T | Director, Officer, 10% owner - Chairman & CEO | Life Insurance | BUY | $29.00 | 40,410 | $1,171,890 | 400,000 | +11.2% |
| 2020-08-17 22:40 | 2020-08-13 | UTGN | UTG INC | FIRST SOUTHERN FUNDING LLC | 10% owner | Life Insurance | BUY | $29.00 | 40,410 | $1,171,890 | 400,000 | +11.2% |
| 2020-08-15 00:59 | 2020-08-12 | XRX | Xerox Holdings Corp | ICAHN CARL C | 10% owner | Computer Peripheral Equipment, NEC | BUY | $17.41 | 1,309,162 | $22,789,761 | 26,578,684 | +5.2% |
| 2020-08-15 01:41 | 2020-08-12 | IAC | IAC Inc. | EISNER MICHAEL D | Director | Services-Computer Programming, Data Processing, Etc. | BUY | $122.85 | 40,555 | $4,982,206 | 40,555 | +100.0% |
| 2020-08-14 23:49 | 2020-08-12 | LJPC | N/A | TANG KEVIN C | Director, 10% owner | Other | BUY | $3.72 | 431,647 | $1,605,079 | 9,127,121 | +5.0% |
| 2020-08-15 00:01 | 2020-08-13 | AXS | AXIS CAPITAL HOLDINGS LTD | DAVIS CHARLES A | Director | Fire, Marine & Casualty Insurance | BUY | $45.98 | 57,972 | $2,665,553 | 4,670,173 | +1.3% |
| 2020-08-13 23:16 | 2020-08-13 | N/A | N/A | Owl Rock Feeder FIC BDC III LLC | 10% owner | Other | BUY | $14.13 | 165,733 | $2,341,807 | 569,625 | +41.0% |
| 2020-08-14 00:29 | 2020-08-11 | N/A | Morgan Stanley Direct Lending Fund | MS Credit Partners Holdings Inc. | 10% owner | Other | BUY | $19.97 | 195,905 | $3,912,223 | 1,362,790 | +16.8% |
| 2020-08-13 23:15 | 2020-08-13 | N/A | N/A | Packer Craig | Director, Officer, 10% owner - CEO and President | Other | BUY | $14.13 | 165,733 | $2,341,807 | 569,625 | +41.0% |
| 2020-08-14 02:12 | 2020-08-10 | CDLX | Cardlytics, Inc. | SOSIN CLIFFORD | 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $70.45 | 70,337 | $4,955,038 | 4,391,586 | +1.6% |
| 2020-08-13 23:43 | 2020-08-11 | RRR | Red Rock Resorts, Inc. | FERTITTA FRANK J III | Director, Officer - Chief Executive Officer | Hotels & Motels | BUY | $14.79 | 450,000 | $6,654,420 | 48,804,972 | +0.9% |
| 2020-08-13 23:38 | 2020-08-11 | RRR | Red Rock Resorts, Inc. | FERTITTA LORENZO J | Director, Officer, 10% owner - Vice President | Hotels & Motels | BUY | $14.79 | 450,000 | $6,654,420 | 48,804,972 | +0.9% |
| 2020-08-13 23:19 | 2020-08-11 | AQB | AquaBounty Technologies Inc. | Czypinski Alana | Director, 10% owner | Fishing, Hunting and Trapping | BUY | $2.50 | 4,000,000 | $10,000,000 | 9,175,000 | +77.3% |
| 2020-08-14 02:11 | 2020-08-10 | PRTY | N/A | SOSIN CLIFFORD | 10% owner | Other | BUY | $1.93 | 815,824 | $1,572,582 | 12,050,199 | +7.3% |
| 2020-08-13 23:15 | 2020-08-13 | N/A | N/A | Kirshenbaum Alan | Director, Officer, 10% owner - COO | Other | BUY | $14.13 | 165,733 | $2,341,807 | 569,625 | +41.0% |
| 2020-08-13 19:57 | 2020-08-12 | HOG | HARLEY-DAVIDSON, INC. | ZEITZ JOCHEN | Director, Officer - Chairman and Acting President | Motorcycles, Bicycles & Parts | BUY | $27.86 | 71,450 | $1,990,833 | 222,920 | +47.2% |
| 2020-08-13 23:16 | 2020-08-13 | N/A | N/A | Ostrover Douglas I | Director, 10% owner | Other | BUY | $14.13 | 165,733 | $2,341,807 | 569,625 | +41.0% |
| 2020-08-13 23:52 | 2020-08-11 | CMPI | N/A | Novo Holdings A/S | 10% owner | Other | BUY | $15.00 | 500,000 | $7,500,000 | 2,170,100 | +29.9% |
| 2020-08-13 23:01 | 2020-08-11 | VAPO | N/A | SMITH THOMAS W | 10% owner, Other | Other | BUY | $29.50 | 100,000 | $2,950,040 | 400,000 | +33.3% |
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.