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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-08-03 22:36 | 2020-07-30 | FFIV | F5, INC. | FOUNTAIN THOMAS DEAN | Officer - EVP Global Services & Strategy | Computer Communications Equipment | BUY | $136.52 | 8,060 | $1,100,333 | 10,581 | +319.7% |
| 2020-07-31 16:58 | 2020-07-29 | LCRDX | Lord Abbett Credit Opportunities Fund | Christina & Robert Dow Foundation | 10% owner | Other | BUY | $9.05 | 440,044 | $3,982,398 | 7,203,969 | +6.5% |
| 2020-08-01 00:18 | 2020-07-23 | SHRG | Sharing Services Global Corporation | DOCUMENT SECURITY SYSTEMS INC | 10% owner | Wholesale-Drugs, Proprietaries & Druggists' Sundries | BUY | $0.08 | 30,000,000 | $2,400,000 | 62,417,593 | +92.5% |
| 2020-07-31 16:20 | 2020-07-29 | EVF | Eaton Vance Senior Income Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $5.63 | 431,208 | $2,426,235 | 6,751,165 | +6.8% |
| 2020-07-31 04:55 | 2020-07-28 | GRCYU | N/A | Liu Jinlong | Director | Other | BUY | $10.00 | 260,000 | $2,600,000 | 1,410,000 | +22.6% |
| 2020-07-31 04:55 | 2020-07-28 | GRCYU | N/A | Yu Jianmin | Officer, 10% owner - CFO | Other | BUY | $10.00 | 260,000 | $2,600,000 | 1,410,000 | +22.6% |
| 2020-07-31 04:56 | 2020-07-28 | GRCYU | N/A | Cynthia Management Corp | 10% owner | Other | BUY | $10.00 | 260,000 | $2,600,000 | 1,410,000 | +22.6% |
| 2020-07-30 16:00 | 2020-07-28 | ITOS | N/A | Davis Aaron I. | Director, 10% owner | Other | BUY | $19.00 | 1,425,000 | $27,075,000 | 72,243 | +100.0% |
| 2020-07-31 00:34 | 2020-07-30 | FRG | N/A | KAHN BRIAN RANDALL | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $23.25 | 400,000 | $9,300,000 | 400,000 | +100.0% |
| 2020-07-31 02:23 | 2020-07-28 | GHL | N/A | BOK SCOTT L | Director, Officer, 10% owner - Chairman & CEO | Other | BUY | $10.96 | 148,614 | $1,629,181 | 1,016,077 | +17.1% |
| 2020-07-31 02:13 | 2020-07-29 | PSTI | Pluri Inc. | CLOVER WOLF CAPITAL - LIMITED PARTNERSHIP | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $9.03 | 121,926 | $1,100,992 | 3,663,966 | +3.4% |
| 2020-07-30 15:00 | 2020-07-28 | ITOS | N/A | GADICKE ANSBERT | Director, 10% owner | Other | BUY | $19.00 | 320,000 | $6,080,000 | 2,355,557 | +15.7% |
| 2020-07-31 03:56 | 2020-07-24 | GNCA | N/A | GLAXOSMITHKLINE PLC | 10% owner | Other | BUY | $2.25 | 1,260,504 | $2,836,134 | 4,626,389 | +37.4% |
| 2020-07-31 03:00 | 2020-07-28 | ANNX | Annexon, Inc. | Clarus Lifesciences III, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $17.00 | 200,000 | $3,400,000 | 2,730,635 | +7.9% |
| 2020-07-31 03:19 | 2020-07-28 | BAC | BANK OF AMERICA CORP /DE/ | BERKSHIRE HATHAWAY INC | 10% owner | National Commercial Banks | BUY | $24.65 | 21,180,716 | $522,043,225 | 1,019,267,705 | +2.1% |
| 2020-07-30 00:29 | 2020-07-28 | INZY | N/A | Novo Holdings A/S | 10% owner | Other | BUY | $16.00 | 375,000 | $6,000,000 | 2,569,379 | +17.1% |
| 2020-07-30 00:24 | 2020-07-28 | TTPH | N/A | LA JOLLA PHARMACEUTICAL CO | 10% owner | Other | BUY | $2.00 | 3,737,360 | $7,474,720 | 4,822,360 | +344.5% |
| 2020-07-30 04:35 | 2020-07-28 | ITOS | N/A | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $19.00 | 1,425,000 | $27,075,000 | 4,417,259 | +47.6% |
| 2020-07-30 04:18 | 2020-07-28 | ITOS | N/A | MPM BioVentures 2014, L.P. | 10% owner | Other | BUY | $19.00 | 160,000 | $3,040,000 | 25,974 | +100.0% |
| 2020-07-29 13:06 | 2020-07-28 | INZY | N/A | Sanofi | 10% owner | Other | BUY | $16.00 | 81,250 | $1,300,000 | 520,125 | +18.5% |
| 2020-07-30 01:56 | 2020-07-27 | MEG | Montrose Environmental Group, Inc. | GRAHAM PETER | Director | Services-Management Consulting Services | BUY | $15.00 | 90,000 | $1,350,000 | 206,447 | +77.3% |
| 2020-07-29 16:55 | 2020-07-28 | KMI | KINDER MORGAN, INC. | KINDER RICHARD D | Director, Officer, 10% owner - Executive Chairman | Natural Gas Transmission | BUY | $14.14 | 300,000 | $4,241,610 | 244,839,120 | +0.1% |
| 2020-07-30 04:38 | 2020-07-28 | ITOS | N/A | Boxer Capital, LLC | 10% owner | Other | BUY | $19.00 | 1,425,000 | $27,075,000 | 72,243 | +100.0% |
| 2020-07-29 01:15 | 2020-07-28 | INZY | N/A | Pivotal bioVenture Partners Fund I, L.P. | 10% owner | Other | BUY | $16.00 | 187,500 | $3,000,000 | 1,591,154 | +13.4% |
| 2020-07-29 01:28 | 2020-07-28 | INZY | N/A | Makhzoumi Mohamad | 10% owner | Other | BUY | $16.00 | 250,000 | $4,000,000 | 2,437,689 | +11.4% |
| 2020-07-29 01:26 | 2020-07-28 | INZY | N/A | New Enterprise Associates 15, L.P. | 10% owner | Other | BUY | $16.00 | 250,000 | $4,000,000 | 2,437,689 | +11.4% |
| 2020-07-29 03:53 | 2020-07-28 | INZY | N/A | Rock Springs Capital Management LP | 10% owner | Other | BUY | $16.00 | 600,000 | $9,600,000 | 1,067,884 | +128.2% |
| 2020-07-29 01:27 | 2020-07-28 | INZY | N/A | Florence Anthony A. Jr. | 10% owner | Other | BUY | $16.00 | 250,000 | $4,000,000 | 2,437,689 | +11.4% |
| 2020-07-29 01:30 | 2020-07-28 | INZY | N/A | Sonsini Peter W. | 10% owner | Other | BUY | $16.00 | 250,000 | $4,000,000 | 2,437,689 | +11.4% |
| 2020-07-29 01:11 | 2020-07-28 | INZY | N/A | Hopfner Robert Lorne | Director, 10% owner | Other | BUY | $16.00 | 187,500 | $3,000,000 | 1,591,154 | +13.4% |
| 2020-07-28 23:45 | 2020-07-28 | ANNX | Annexon, Inc. | Bain Capital Life Sciences Investors, LLC | 10% owner | Pharmaceutical Preparations | BUY | $17.00 | 400,000 | $6,800,000 | 3,241,628 | +14.1% |
| 2020-07-29 00:26 | 2020-07-24 | GNCA | N/A | Walker Paul Edward | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 00:26 | 2020-07-24 | GNCA | N/A | Sonsini Peter W. | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 00:23 | 2020-07-24 | GNCA | N/A | Makhzoumi Mohamad | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 00:23 | 2020-07-24 | GNCA | N/A | Florence Anthony A. Jr. | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 00:22 | 2020-07-24 | GNCA | N/A | Chang Carmen | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 00:22 | 2020-07-24 | GNCA | N/A | Behbahani Ali | Director, 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 00:19 | 2020-07-24 | GNCA | N/A | New Enterprise Associates 16, L.P. | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 01:33 | 2020-07-28 | INZY | N/A | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $16.00 | 600,000 | $9,600,000 | 2,003,653 | +42.7% |
| 2020-07-28 23:17 | 2020-07-28 | ANNX | Annexon, Inc. | Satter Muneer A | Director | Pharmaceutical Preparations | BUY | $17.00 | 200,000 | $3,400,000 | 1,954,978 | +11.4% |
| 2020-07-28 23:36 | 2020-07-27 | SREV | N/A | Edenbrook Capital, LLC | 10% owner | Other | BUY | $1.55 | 715,389 | $1,108,638 | 11,590,399 | +6.6% |
| 2020-07-29 01:26 | 2020-07-28 | INZY | N/A | BASKETT FOREST | 10% owner | Other | BUY | $16.00 | 250,000 | $4,000,000 | 2,437,689 | +11.4% |
| 2020-07-29 00:20 | 2020-07-24 | GNCA | N/A | BASKETT FOREST | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 01:20 | 2020-07-28 | INZY | N/A | Longitude Capital Partners III, LLC | 10% owner | Other | BUY | $16.00 | 625,000 | $10,000,000 | 2,819,379 | +28.5% |
| 2020-07-29 01:29 | 2020-07-28 | INZY | N/A | SANDELL SCOTT D | 10% owner | Other | BUY | $16.00 | 250,000 | $4,000,000 | 2,437,689 | +11.4% |
| 2020-07-29 00:25 | 2020-07-24 | GNCA | N/A | SANDELL SCOTT D | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 01:29 | 2020-07-28 | INZY | N/A | MAKOWER JOSHUA | 10% owner | Other | BUY | $16.00 | 250,000 | $4,000,000 | 2,437,689 | +11.4% |
| 2020-07-29 00:24 | 2020-07-24 | GNCA | N/A | MAKOWER JOSHUA | 10% owner | Other | BUY | $2.25 | 3,151,260 | $7,090,335 | 10,376,936 | +43.6% |
| 2020-07-29 01:08 | 2020-07-28 | INZY | N/A | Sofinnova Venture Partners X, L.P. | 10% owner | Other | BUY | $16.00 | 437,500 | $7,000,000 | 2,028,308 | +27.5% |
| 2020-07-29 00:40 | 2020-07-24 | NGM | N/A | COLUMN GROUP L P | Director, 10% owner | Other | BUY | $17.93 | 72,583 | $1,301,645 | 1,612,847 | +4.7% |
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.