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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-12-12 16:58 | 2025-12-10 | GPN | GLOBAL PAYMENTS INC | BALDWIN ROBERT H B JR | Director | Services-Business Services, NEC | BUY | $81.16 | 13,392 | $1,086,867 | 59,303 | +29.2% |
| 2025-12-12 00:31 | 2025-06-02 | ALTIX | N/A | Failla Charles | Director, Officer, 10% owner - President, CEO and Sec | Other | BUY | $10.00 | 100,000 | $1,000,000 | 110,000 | +1,000.0% |
| 2025-12-11 23:24 | 2025-12-10 | SCISX | N/A | MA Eagle II Holdings Fund | 10% owner | Other | BUY | $24.93 | 52,146 | $1,300,000 | 3,024,305 | +1.8% |
| 2025-12-12 02:57 | 2025-12-09 | HYMC | HYCROFT MINING HOLDING CORP | Sprott Eric | 10% owner | Gold and Silver Ores | BUY | $11.88 | 480,000 | $5,703,600 | 29,946,352 | +1.6% |
| 2025-12-12 00:11 | 2025-12-11 | SEVN | Seven Hills Realty Trust | Tremont Realty Capital LLC | 10% owner | Real Estate Investment Trusts | BUY | $8.65 | 2,015,748 | $17,436,220 | 4,577,835 | +78.7% |
| 2025-12-12 00:10 | 2025-12-11 | SEVN | Seven Hills Realty Trust | PORTNOY ADAM D. | Director, 10% owner | Real Estate Investment Trusts | BUY | $8.65 | 2,015,748 | $17,436,220 | 4,577,835 | +78.7% |
| 2025-12-12 00:15 | 2025-12-10 | MDRR | Medalist Diversified REIT, Inc. | KAVANAUGH FRANK | Director, Officer, 10% owner - CHAIRMAN, CEO & PRESIDENT | Real Estate Investment Trusts | BUY | $14.71 | 70,000 | $1,030,001 | 299,595 | +30.5% |
| 2025-12-12 00:19 | 2025-12-11 | KYMR | Kymera Therapeutics, Inc. | BAKER BROS. ADVISORS LP | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $86.00 | 2,005,813 | $172,499,918 | 7,955,916 | +33.7% |
| 2025-12-10 17:18 | 2025-12-08 | DGICA | DONEGAL GROUP INC | DONEGAL MUTUAL INSURANCE CO | 10% owner | Fire, Marine & Casualty Insurance | BUY | $19.67 | 55,524 | $1,092,363 | 13,890,885 | +0.4% |
| 2025-12-10 23:40 | 2025-12-08 | LFAC | Leapfrog Acquisition Corp | LeapFrog Partners LLC | 10% owner | Blank Checks | BUY | $10.00 | 328,750 | $3,287,500 | 328,750 | +100.0% |
| 2025-12-11 03:27 | 2025-12-08 | AMR | Alpha Metallurgical Resources, Inc. | Courtis Kenneth S. | Director | Bituminous Coal & Lignite Surface Mining | BUY | $175.26 | 36,000 | $6,309,389 | 770,537 | +4.9% |
| 2025-12-11 04:15 | 2025-12-08 | NEXT | NextDecade Corp | Hanwha Aerospace Co., Ltd. | 10% owner | Natural Gas Transmisison & Distribution | BUY | $6.16 | 932,598 | $5,742,379 | 24,768,251 | +3.9% |
| 2025-12-11 00:01 | 2025-12-08 | STRR | Star Equity Holdings, Inc. | Eberwein Jeffrey E. | Director, Officer, 10% owner - Chief Executive Officer | Services-Help Supply Services | BUY | $10.43 | 287,631 | $2,999,991 | 990,847 | +40.9% |
| 2025-12-11 02:14 | 2025-12-08 | N/A | N/A | Silver Point Capital L.P. | 10% owner | Other | BUY | $88.75 | 130,974 | $11,623,943 | 4,702,714 | +2.9% |
| 2025-12-10 01:01 | 2025-12-05 | MGM | MGM Resorts International | IAC Inc. | 10% owner | Hotels & Motels | BUY | $36.30 | 1,098,748 | $39,884,552 | 65,822,350 | +1.7% |
| 2025-12-09 14:38 | 2025-12-05 | MSCI | MSCI Inc. | Fernandez Henry A | Director, Officer - Chairman and CEO | Services-Business Services, NEC | BUY | $536.14 | 12,500 | $6,701,731 | 335,069 | +3.9% |
| 2025-12-10 04:09 | 2025-10-03 | MERC | MERCER INTERNATIONAL INC. | KELLOGG PETER R | 10% owner | Pulp Mills | BUY | $1.85 | 1,014,540 | $1,879,943 | 1,520,000 | +200.7% |
| 2025-12-10 03:13 | 2025-12-05 | ALMS | Alumis Inc. | AKKARAJU SRINIVAS | Director | Pharmaceutical Preparations | BUY | $9.84 | 186,377 | $1,833,763 | 1,265,253 | +17.3% |
| 2025-12-10 01:11 | 2025-12-05 | AVTR | Avantor, Inc. | MEHRA SANJEEV K | Director | Laboratory Analytical Instruments | BUY | $11.09 | 350,000 | $3,881,500 | 350,000 | +100.0% |
| 2025-12-09 00:15 | 2025-12-05 | NWAX | New America Acquisition I Corp. | New America Sponsor I LLC | 10% owner | Blank Checks | BUY | $10.00 | 600,000 | $6,000,000 | 600,000 | +100.0% |
| 2025-12-09 00:30 | 2025-12-04 | XOMA | XOMA Royalty Corp | Hughes Owen | Director, Officer - Chief Executive Officer | Pharmaceutical Preparations | BUY | $25.05 | 100,000 | $2,505,000 | 102,000 | +5,000.0% |
| 2025-12-09 01:15 | 2025-11-17 | DMAC | DiaMedica Therapeutics Inc. | STAHLBERG JAN | 10% owner | Pharmaceutical Preparations | BUY | $7.19 | 1,061,277 | $7,631,431 | 8,825,742 | +13.7% |
| 2025-12-09 00:30 | 2025-12-04 | CBIO | CRESCENT BIOPHARMA, INC. | Fairmount Funds Management LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $13.41 | 1,360,000 | $18,237,600 | 2,747,866 | +98.0% |
| 2025-12-08 17:52 | 2025-12-04 | ASA | ASA Gold and Precious Metals Limited | Saba Capital Management, L.P. | 10% owner | Other | BUY | $52.99 | 23,410 | $1,240,487 | 5,297,256 | +0.4% |
| 2025-12-08 17:30 | 2025-12-05 | CRM | Salesforce, Inc. | Morfit G Mason | Director, Other | Services-Prepackaged Software | BUY | $260.58 | 96,000 | $25,015,680 | 2,994,509 | +3.3% |
| 2025-12-06 01:00 | 2025-12-03 | GRND | Grindr Inc. | Zage George Raymond III | Director, 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $13.49 | 155,000 | $2,090,997 | 8,063,283 | +2.0% |
| 2025-12-06 02:29 | 2025-12-03 | NEXT | NextDecade Corp | Hanwha Aerospace Co., Ltd. | 10% owner | Natural Gas Transmisison & Distribution | BUY | $6.14 | 636,963 | $3,910,443 | 23,835,653 | +2.7% |
| 2025-12-06 01:04 | 2025-12-03 | VSTS | Vestis Corp | Barber James J. | Director, Officer - President & CEO | Wholesale-Miscellaneous Nondurable Goods | BUY | $6.35 | 164,000 | $1,041,958 | 642,469 | +34.3% |
| 2025-12-06 04:30 | 2025-12-03 | HYMC | HYCROFT MINING HOLDING CORP | Sprott Eric | 10% owner | Gold and Silver Ores | BUY | $10.30 | 2,340,824 | $24,110,487 | 29,466,352 | +8.6% |
| 2025-12-06 02:49 | 2025-12-03 | BH | Biglari Holdings Inc. | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Retail-Eating Places | BUY | $304.87 | 5,406 | $1,648,102 | 1,329,807 | +0.4% |
| 2025-12-06 00:56 | 2025-12-04 | PMTS | CPI Card Group Inc. | Riley H Sanford | Director, Other | Commercial Printing | BUY | $13.51 | 200,000 | $2,702,000 | 252,366 | +381.9% |
| 2025-12-06 03:16 | 2025-12-03 | UTI | UNIVERSAL TECHNICAL INSTITUTE INC | Coliseum Capital Management, LLC | Director | Services-Educational Services | BUY | $25.01 | 547,066 | $13,682,722 | 3,971,440 | +16.0% |
| 2025-12-06 01:40 | 2025-12-03 | BFLY | Butterfly Network, Inc. | ROBBINS LARRY | Director, 10% owner | X-Ray Apparatus & Tubes & Related Irradiation Apparatus | BUY | $2.99 | 1,558,541 | $4,652,712 | 14,313,685 | +12.2% |
| 2025-12-04 22:49 | 2025-12-03 | SCISX | N/A | MA Eagle Holdings Fund | 10% owner | Other | BUY | $24.88 | 98,569 | $2,452,400 | 2,361,555 | +4.4% |
| 2025-12-05 01:15 | 2025-12-02 | GRND | Grindr Inc. | Zage George Raymond III | Director, 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $13.26 | 200,000 | $2,651,000 | 7,983,283 | +2.6% |
| 2025-12-05 04:11 | 2025-12-02 | ALMS | Alumis Inc. | AKKARAJU SRINIVAS | Director | Pharmaceutical Preparations | BUY | $7.79 | 262,027 | $2,039,906 | 1,078,876 | +32.1% |
| 2025-12-05 00:24 | 2025-12-02 | SGI | SOMNIGROUP INTERNATIONAL INC. | Dyer Simon | Director | Household Furniture | BUY | $93.40 | 32,000 | $2,988,746 | 36,800 | +666.7% |
| 2025-12-04 00:38 | 2025-12-01 | N-A | N/A | New Mountain Guardian IV Rated Feeder III, Ltd. | 10% owner | Other | BUY | $10.00 | 1,500,000 | $15,000,000 | 30,000,000 | +5.3% |
| 2025-12-04 00:37 | 2025-12-01 | N-A | N/A | New Mountain Guardian IV Rated Feeder III, Ltd. | 10% owner | Other | BUY | $10.00 | 5,992,452 | $59,924,520 | 29,962,260 | +25.0% |
| 2025-12-04 00:34 | 2025-12-01 | N-A | N/A | New Mountain Guardian IV Rated Feeder I, LTD | 10% owner | Other | BUY | $10.00 | 5,940,000 | $59,400,000 | 29,700,000 | +25.0% |
| 2025-12-04 04:03 | 2025-12-01 | BLND | Blend Labs, Inc. | Haveli Investments, L.P. | Director, 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $3.11 | 1,309,823 | $4,068,703 | 10,848,873 | +13.7% |
| 2025-12-04 01:10 | 2025-12-01 | OWL | BLUE OWL CAPITAL INC. | Packer Craig | Director, Officer - Co-President | Investment Advice | BUY | $15.06 | 125,000 | $1,882,488 | 31,000 | +100.0% |
| 2025-12-04 00:05 | 2025-12-01 | N-A | N/A | BlueArc Capital Management, LLC | 10% owner | Other | BUY | $26.89 | 1,457,461 | $39,191,130 | 3,228,924 | +82.3% |
| 2025-12-04 02:17 | 2025-12-01 | N/A | N/A | Caisse de retraite d'Hydro-Quebec | 10% owner | Other | BUY | $10.00 | 500,000 | $5,000,000 | 10,000,000 | +5.3% |
| 2025-12-04 01:12 | 2025-12-01 | OWL | BLUE OWL CAPITAL INC. | Ostrover Douglas I | Director, Officer - Co-Chief Executive Officer | Investment Advice | BUY | $15.06 | 158,000 | $2,379,464 | 158,000 | +100.0% |
| 2025-12-04 00:15 | 2025-12-01 | UTI | UNIVERSAL TECHNICAL INSTITUTE INC | Coliseum Capital Management, LLC | Director | Services-Educational Services | BUY | $24.19 | 708,107 | $17,130,737 | 3,424,374 | +26.1% |
| 2025-12-04 04:01 | 2025-12-01 | TBRG | TruBridge, Inc. | Pinetree Capital Ltd. | 10% owner | Services-Computer Programming Services | BUY | $22.56 | 130,000 | $2,932,397 | 2,130,000 | +6.5% |
| 2025-12-03 19:37 | 2025-11-04 | EHSI | Elite Health Systems Inc. | jeereddi Prasad Anjaneya | Director, Officer, 10% owner - CEO | Services-Specialty Outpatient Facilities, NEC | BUY | $0.95 | 1,452,680 | $1,380,046 | 3,356,663 | +76.3% |
| 2025-12-04 01:10 | 2025-12-01 | OWL | BLUE OWL CAPITAL INC. | LIPSCHULTZ MARC S | Director, Officer - Co-Chief Executive Officer | Investment Advice | BUY | $15.06 | 158,000 | $2,379,464 | 79,000 | +100.0% |
| 2025-12-03 03:13 | 2025-11-28 | GRND | Grindr Inc. | Zage George Raymond III | Director, 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $12.90 | 300,000 | $3,868,500 | 1,210,507 | +32.9% |
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.