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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-03-17 00:40 | 2020-03-13 | HOME | N/A | SOSIN CLIFFORD | 10% owner | Other | BUY | $3.17 | 670,310 | $2,124,883 | 9,485,630 | +7.6% |
| 2020-03-17 02:15 | 2020-03-12 | NSA | National Storage Affiliates Trust | Nordhagen Arlen Dale | Director, Officer - Executive Chairman | Real Estate Investment Trusts | BUY | $27.16 | 58,000 | $1,575,361 | 196,497 | +41.9% |
| 2020-03-17 00:04 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | Rock Springs Capital Management LP | 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 250,000 | $4,000,000 | 523,411 | +91.4% |
| 2020-03-17 00:18 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | Dalton Barbara | Director, 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 312,500 | $5,000,000 | 1,557,722 | +25.1% |
| 2020-03-17 00:07 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | Lundbeckfond Invest A/S | 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 187,500 | $3,000,000 | 1,432,722 | +15.1% |
| 2020-03-16 21:33 | 2020-03-12 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | Feldstein Andrew T | Director | National Commercial Banks | BUY | $94.92 | 26,325 | $2,498,769 | 40,158 | +190.3% |
| 2020-03-17 00:17 | 2020-03-12 | IMRA | Enliven Therapeutics, Inc. | Bonita David P | Director, 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 937,500 | $15,000,000 | 937,500 | +100.0% |
| 2020-03-16 20:52 | 2020-03-12 | PPR | Saba Capital Income & Opportunities Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $4.18 | 307,724 | $1,287,179 | 34,940,561 | +0.9% |
| 2020-03-16 21:28 | 2020-03-12 | SPWR | N/A | TOTAL S.A. | Director, 10% owner | Other | BUY | $5.06 | 579,212 | $2,928,090 | 83,968,918 | +0.7% |
| 2020-03-16 22:56 | 2020-03-12 | BPYU | N/A | Kingston Brian | Officer - Chief Executive Officer | Other | BUY | $12.44 | 115,000 | $1,431,003 | 235,000 | +95.8% |
| 2020-03-16 14:59 | 2020-03-13 | KALA | KALA BIO, Inc. | Grunberg Gregory | Director | Pharmaceutical Preparations | BUY | $7.89 | 2,534,854 | $19,999,998 | 2,534,854 | +100.0% |
| 2020-03-17 03:46 | 2020-03-12 | ASPS | ALTISOURCE PORTFOLIO SOLUTIONS S.A. | Deer Park Road Management Company, LP | 10% owner | Services-Miscellaneous Business Services | BUY | $8.14 | 266,785 | $2,171,977 | 3,367,995 | +8.6% |
| 2020-03-16 23:07 | 2020-03-13 | HUBS | HUBSPOT INC | Shah Dharmesh | Director, Officer - Chief Technology Officer | Services-Prepackaged Software | BUY | $124.42 | 40,000 | $4,976,916 | 1,663,891 | +2.5% |
| 2020-03-16 23:14 | 2020-03-12 | NWL | NEWELL BRANDS INC. | ICAHN BRETT | Director, 10% owner | Plastics Products, NEC | BUY | $11.87 | 121,304 | $1,440,388 | 1,138,908 | +11.9% |
| 2020-03-17 02:32 | 2020-03-12 | CQP | Cheniere Energy Partners, L.P. | GSO Holdings I LLC | 10% owner | Natural Gas Distribution | BUY | $26.07 | 402,952 | $10,504,032 | 745,045 | +117.8% |
| 2020-03-17 02:17 | 2020-03-12 | CQP | Cheniere Energy Partners, L.P. | Blackstone CQP Common Holdco L.P. | 10% owner | Natural Gas Distribution | BUY | $26.07 | 402,952 | $10,504,032 | 745,045 | +117.8% |
| 2020-03-16 23:05 | 2020-03-13 | NCR | NCR Voyix Corp | Hayford Michael D | Director, Officer - CEO & President | Calculating & Accounting Machines (No Electronic Computers) | BUY | $17.71 | 60,000 | $1,062,600 | 307,169 | +24.3% |
| 2020-03-16 23:59 | 2020-03-12 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $4.56 | 4,561,706 | $20,812,327 | 45,567,577 | +11.1% |
| 2020-03-16 23:21 | 2020-03-12 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $32.83 | 46,068 | $1,512,412 | 40,566 | +100.0% |
| 2020-03-16 19:06 | 2020-03-13 | WLK | WESTLAKE CORP | TTWFGP LLC | 10% owner | Industrial Organic Chemicals | BUY | $32.94 | 160,000 | $5,271,072 | 46,165,277 | +0.3% |
| 2020-03-17 00:15 | 2020-03-16 | IMRA | Enliven Therapeutics, Inc. | New Enterprise Associates 14, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 475,000 | $7,600,000 | 4,013,995 | +13.4% |
| 2020-03-17 02:14 | 2020-03-12 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $425.01 | 3,031 | $1,288,201 | 1,914,398 | +0.2% |
| 2020-03-17 02:08 | 2020-03-12 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $406.71 | 156,545 | $63,668,135 | 1,911,367 | +8.9% |
| 2020-03-16 23:53 | 2020-03-16 | AZO | AUTOZONE INC | CALBERT MICHAEL M | Director | Retail-Auto & Home Supply Stores | BUY | $886.00 | 2,000 | $1,772,000 | 2,335 | +597.2% |
| 2020-03-16 18:52 | 2020-03-13 | HAL | HALLIBURTON CO | GERBER MURRY | Director | Oil & Gas Field Services, NEC | BUY | $6.78 | 155,763 | $1,056,073 | 224,879 | +225.4% |
| 2020-03-16 20:13 | 2020-03-13 | WFC | WELLS FARGO & COMPANY/MN | SCHARF CHARLES W | Director, Officer - CEO & President | National Commercial Banks | BUY | $28.69 | 173,000 | $4,963,370 | 176,916 | +4,417.8% |
| 2020-03-17 02:15 | 2020-03-12 | CQP | Cheniere Energy Partners, L.P. | Blackstone Group Inc | 10% owner | Natural Gas Distribution | BUY | $26.07 | 402,952 | $10,504,032 | 745,045 | +117.8% |
| 2020-03-17 04:47 | 2020-03-12 | ORGO | Organogenesis Holdings Inc. | Avista Capital Managing Member IV, LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $3.98 | 542,349 | $2,160,935 | 25,517,514 | +2.2% |
| 2020-03-17 00:06 | 2020-03-12 | IMRA | Enliven Therapeutics, Inc. | ORBIMED ADVISORS LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 937,500 | $15,000,000 | 937,500 | +100.0% |
| 2020-03-16 21:43 | 2020-03-13 | MCY | MERCURY GENERAL CORP | JOSEPH GEORGE | Director, Officer - Chairman of the Board | Fire, Marine & Casualty Insurance | BUY | $38.93 | 75,419 | $2,935,813 | 18,884,449 | +0.4% |
| 2020-03-17 00:15 | 2020-03-12 | COTY | COTY INC. | Cottage Holdco B.V. | 10% owner | Perfumes, Cosmetics & Other Toilet Preparations | BUY | $11.49 | 3,260,329 | $37,473,243 | 454,168,370 | +0.7% |
| 2020-03-16 23:25 | 2020-03-12 | GEO | GEO GROUP INC | ZOLEY GEORGE C | Director, Officer - Chairman & CEO | General Bldg Contractors - Residential Bldgs | BUY | $11.65 | 100,000 | $1,164,680 | 2,600,000 | +4.0% |
| 2020-03-13 15:21 | 2020-03-12 | TCX | TUCOWS INC /PA/ | Fausett Bret | Officer - Chief Legal Officer & VP | Services-Computer Processing & Data Preparation | BUY | $45.00 | 27,777 | $1,249,965 | 27,777 | +100.0% |
| 2020-03-14 00:03 | 2020-03-11 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $112.43 | 141,744 | $15,935,753 | 22,972,066 | +0.6% |
| 2020-03-13 21:07 | 2020-03-11 | MHK | MOHAWK INDUSTRIES INC | BALCAEN FILIP | Director | Carpets & Rugs | BUY | $102.17 | 202,000 | $20,637,552 | 1,108,251 | +22.3% |
| 2020-03-14 01:29 | 2020-03-12 | PLNT | Planet Fitness, Inc. | Rondeau Christopher | Director, Officer - Chief Executive Officer | Services-Membership Sports & Recreation Clubs | BUY | $50.67 | 20,000 | $1,013,484 | 68,604 | +41.1% |
| 2020-03-13 22:32 | 2020-03-12 | EHC | Encompass Health Corp | Anthony April Kaye Bullock | Officer - CEO & President, Home Health | Services-Hospitals | BUY | $58.69 | 125,000 | $7,336,850 | 191,740 | +187.3% |
| 2020-03-13 18:07 | 2020-03-12 | PRMW | N/A | Harrington Thomas | Officer - Chief Executive Officer | Other | BUY | $12.08 | 84,000 | $1,014,804 | 216,493 | +63.4% |
| 2020-03-14 02:35 | 2020-03-11 | GTES | Gates Industrial Corp plc | Omaha Aggregator (Cayman) L.P. | 10% owner | General Industrial Machinery & Equipment | BUY | $8.32 | 270,000 | $2,246,562 | 1,799,208 | +17.7% |
| 2020-03-14 00:20 | 2020-03-03 | PASG | Passage BIO, Inc. | Ratcliffe Liam | Director | Biological Products, (No Diagnostic Substances) | BUY | $18.00 | 552,800 | $9,950,400 | 2,800 | +100.0% |
| 2020-03-13 23:34 | 2020-03-11 | BPYU | N/A | Clark Ric | Director | Other | BUY | $13.22 | 159,154 | $2,104,048 | 222,154 | +252.6% |
| 2020-03-14 01:47 | 2020-03-13 | KALA | KALA BIO, Inc. | Shah Rajeev M. | Director, 10% owner | Pharmaceutical Preparations | BUY | $7.89 | 6,337,135 | $49,999,995 | 10,874,613 | +139.7% |
| 2020-03-14 00:22 | 2020-03-13 | VLY | VALLEY NATIONAL BANCORP | Steans Jennifer W | Director | National Commercial Banks | BUY | $7.54 | 325,000 | $2,450,988 | 297,450 | +100.0% |
| 2020-03-14 01:37 | 2020-03-11 | TNET | TRINET GROUP, INC. | AGI-T, L.P. | Director, 10% owner | Services-Business Services, NEC | BUY | $49.21 | 302,201 | $14,872,611 | 3,614,447 | +9.1% |
| 2020-03-14 00:19 | 2020-03-11 | HE | HAWAIIAN ELECTRIC INDUSTRIES INC | ValueAct Holdings, L.P. | Director, Other | Electric Services | BUY | $41.12 | 1,697,912 | $69,820,179 | 2,012,252 | +540.2% |
| 2020-03-13 23:05 | 2020-03-11 | CODI | Compass Diversified Holdings | Anholt Investments Ltd. | 10% owner | Household Furniture | BUY | $16.06 | 244,262 | $3,923,922 | 8,365,110 | +3.0% |
| 2020-03-14 01:45 | 2020-03-13 | KALA | KALA BIO, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director, 10% owner | Pharmaceutical Preparations | BUY | $7.89 | 6,337,135 | $49,999,995 | 10,874,613 | +139.7% |
| 2020-03-13 23:03 | 2020-03-11 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $4.79 | 698,091 | $3,346,439 | 41,005,871 | +1.7% |
| 2020-03-13 18:40 | 2020-03-12 | ET | Energy Transfer LP | DAVIS RAY C | Director | Natural Gas Transmission | BUY | $6.21 | 801,800 | $4,975,650 | 29,142,894 | +2.8% |
| 2020-03-14 04:28 | 2020-03-13 | EXTN | N/A | CHAI TRUST CO LLC | 10% owner | Other | BUY | $7.62 | 295,982 | $2,256,804 | 3,618,973 | +8.9% |
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.