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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-03-13 16:34 | 2020-03-12 | MUR | MURPHY OIL CORP | MURPHY ROBERT MADISON | Director | Crude Petroleum & Natural Gas | BUY | $6.40 | 158,000 | $1,011,200 | 2,348,126 | +7.2% |
| 2020-03-14 00:10 | 2020-03-11 | DS | N/A | EDENS WESLEY R | Director, 10% owner | Other | BUY | $1.51 | 1,751,955 | $2,638,795 | 4,714,591 | +59.1% |
| 2020-03-13 23:23 | 2020-03-11 | PI | IMPINJ INC | Gibson Daniel Patrick | Director | Electronic Components, NEC | BUY | $19.78 | 85,546 | $1,691,749 | 4,348,465 | +2.0% |
| 2020-03-14 00:07 | 2020-02-12 | N/A | N/A | KKR Phorm Investors L.P. | 10% owner | Other | BUY | $4.00 | 1,250,000 | $5,000,000 | 21,175,980 | +6.3% |
| 2020-03-14 02:38 | 2020-03-11 | GTES | Gates Industrial Corp plc | Blackstone Group Inc | 10% owner | General Industrial Machinery & Equipment | BUY | $8.32 | 270,000 | $2,246,562 | 1,799,208 | +17.7% |
| 2020-03-14 01:08 | 2020-03-13 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $15.25 | 100,000 | $1,524,770 | 4,708,218 | +2.2% |
| 2020-03-13 23:56 | 2020-03-12 | VLO | VALERO ENERGY CORP/TX | WEISENBURGER RANDALL J | Director | Petroleum Refining | BUY | $47.31 | 45,000 | $2,128,752 | 100,274 | +81.4% |
| 2020-03-12 23:13 | 2020-03-10 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $117.16 | 158,656 | $18,588,692 | 22,830,322 | +0.7% |
| 2020-03-12 18:03 | 2020-03-11 | EHC | Encompass Health Corp | Anthony April Kaye Bullock | Officer - CEO & President, Home Health | Services-Hospitals | BUY | $64.24 | 40,000 | $2,569,600 | 66,740 | +149.6% |
| 2020-03-13 03:33 | 2020-03-11 | DKL | Delek Logistics Partners, LP | Delek US Holdings, Inc. | 10% owner | Pipe Lines (No Natural Gas) | BUY | $11.02 | 451,822 | $4,979,078 | 15,745,868 | +3.0% |
| 2020-03-12 22:08 | 2020-03-11 | ES | EVERSOURCE ENERGY | Kim John Y | Other | Electric Services | BUY | $86.92 | 15,000 | $1,303,800 | 15,000 | +100.0% |
| 2020-03-12 19:27 | 2020-03-10 | SPWR | N/A | TOTAL S.A. | Director, 10% owner | Other | BUY | $6.32 | 641,117 | $4,053,142 | 83,389,706 | +0.8% |
| 2020-03-13 02:37 | 2020-03-10 | JYNT | JOINT Corp | Bandera Partners LLC | 10% owner | Patent Owners & Lessors | BUY | $13.23 | 137,996 | $1,825,590 | 1,526,567 | +9.9% |
| 2020-03-13 02:37 | 2020-03-10 | CQP | Cheniere Energy Partners, L.P. | Blackstone CQP Common Holdco L.P. | 10% owner | Natural Gas Distribution | BUY | $25.85 | 342,093 | $8,843,959 | 342,093 | +100.0% |
| 2020-03-13 02:33 | 2020-03-10 | CQP | Cheniere Energy Partners, L.P. | GSO Holdings I LLC | 10% owner | Natural Gas Distribution | BUY | $25.85 | 342,093 | $8,843,959 | 342,093 | +100.0% |
| 2020-03-13 01:19 | 2020-03-10 | FSLY | Fastly, Inc. | Abdiel Capital Management, LLC | 10% owner | Services-Prepackaged Software | BUY | $15.39 | 1,105,937 | $17,019,928 | 8,452,987 | +15.1% |
| 2020-03-12 23:03 | 2020-03-11 | LOB | Live Oak Bancshares, Inc. | Underwood Neil Lawrence | Director, Officer - President | State Commercial Banks | BUY | $11.46 | 95,000 | $1,088,700 | 1,350,434 | +7.6% |
| 2020-03-13 00:35 | 2020-03-10 | HTZ | HERTZ GLOBAL HOLDINGS, INC | ICAHN CARL C | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $7.43 | 11,416,257 | $84,833,064 | 55,342,109 | +26.0% |
| 2020-03-12 23:02 | 2020-03-10 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $5.01 | 332,855 | $1,668,536 | 40,307,780 | +0.8% |
| 2020-03-13 03:24 | 2020-03-10 | EXTN | N/A | CHAI TRUST CO LLC | 10% owner | Other | BUY | $4.98 | 650,723 | $3,238,063 | 3,322,991 | +24.4% |
| 2020-03-13 04:15 | 2020-03-11 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $466.83 | 244,223 | $114,011,698 | 1,754,822 | +16.2% |
| 2020-03-13 04:12 | 2020-03-10 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $472.98 | 54,047 | $25,563,020 | 1,510,599 | +3.7% |
| 2020-03-13 04:07 | 2020-03-10 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $476.26 | 59,254 | $28,220,251 | 1,459,571 | +4.2% |
| 2020-03-13 00:18 | 2020-03-11 | VIACAVIAC | N/A | REDSTONE SHARI | Director | Other | BUY | $19.83 | 50,450 | $1,000,292 | 269,524 | +23.0% |
| 2020-03-12 17:40 | 2020-03-11 | BG | N/A | HECKMAN GREGORY A | Director, Officer - Chief Executive Officer | Other | BUY | $39.85 | 120,000 | $4,781,400 | 120,000 | +100.0% |
| 2020-03-13 02:35 | 2020-03-10 | CQP | Cheniere Energy Partners, L.P. | Blackstone Group Inc | 10% owner | Natural Gas Distribution | BUY | $25.85 | 342,093 | $8,843,959 | 342,093 | +100.0% |
| 2020-03-13 01:06 | 2020-03-10 | ETM | N/A | FIELD JOSEPH M | Director, Officer, 10% owner - Chairman Emeritus | Other | BUY | $2.24 | 532,017 | $1,189,111 | 13,814,024 | +4.0% |
| 2020-03-12 16:25 | 2020-03-11 | KMI | KINDER MORGAN, INC. | KINDER RICHARD D | Director, Officer, 10% owner - Executive Chairman | Natural Gas Transmission | BUY | $15.51 | 500,000 | $7,753,900 | 244,539,120 | +0.2% |
| 2020-03-12 00:09 | 2020-03-09 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $114.14 | 184,900 | $21,104,394 | 22,671,666 | +0.8% |
| 2020-03-12 00:10 | 2020-03-09 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | Feldstein Andrew T | Director | National Commercial Banks | BUY | $102.39 | 24,415 | $2,499,730 | 29,623 | +468.8% |
| 2020-03-11 23:57 | 2020-03-09 | HD | HOME DEPOT, INC. | Carey Matt | Officer - EVP & CIO | Retail-Lumber & Other Building Materials Dealers | BUY | $210.78 | 4,745 | $1,000,151 | 72,118 | +7.0% |
| 2020-03-12 02:50 | 2020-03-09 | QMCO | QUANTUM CORP /DE/ | B. Riley Financial, Inc. | 10% owner | Computer Storage Devices | BUY | $3.48 | 1,114,408 | $3,874,685 | 5,216,824 | +27.2% |
| 2020-03-11 23:44 | 2020-03-09 | KDP | Keurig Dr Pepper Inc. | JAB Holdings B.V. | 10% owner | Beverages | BUY | $27.00 | 7,400,000 | $199,800,000 | 7,400,000 | +100.0% |
| 2020-03-11 23:19 | 2020-03-09 | TNET | TRINET GROUP, INC. | AGI-T, L.P. | Director, 10% owner | Services-Business Services, NEC | BUY | $52.15 | 219,460 | $11,445,146 | 3,312,246 | +7.1% |
| 2020-03-11 23:58 | 2020-03-09 | W | Wayfair Inc. | Spruce House Partnership LLC | 10% owner | Retail-Catalog & Mail-Order Houses | BUY | $50.28 | 250,000 | $12,570,000 | 8,250,000 | +3.1% |
| 2020-03-12 01:47 | 2020-03-09 | NWL | NEWELL BRANDS INC. | ICAHN BRETT | Director, 10% owner | Plastics Products, NEC | BUY | $13.22 | 238,676 | $3,154,127 | 1,017,604 | +30.6% |
| 2020-03-12 01:44 | 2020-03-09 | NWL | NEWELL BRANDS INC. | ICAHN CARL C | 10% owner | Plastics Products, NEC | BUY | $13.41 | 2,585,201 | $34,656,429 | 43,704,616 | +6.3% |
| 2020-03-12 00:13 | 2020-03-11 | ARMK | Aramark | ZILLMER JOHN J | Director, Officer - Chief Executive Officer | Retail-Eating Places | BUY | $25.82 | 40,000 | $1,032,652 | 276,285 | +16.9% |
| 2020-03-11 18:08 | 2020-03-10 | RRC | RANGE RESOURCES CORP | PALKO STEFFEN E | Director | Crude Petroleum & Natural Gas | BUY | $2.20 | 903,128 | $1,982,366 | 1,000,000 | +932.3% |
| 2020-03-12 00:22 | 2020-03-09 | ATEX | Anterix Inc. | Owl Creek Asset Management, L.P. | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $45.89 | 90,921 | $4,172,310 | 4,942,162 | +1.9% |
| 2020-03-11 23:23 | 2020-03-09 | PB | PROSPERITY BANCSHARES INC | TIMANUS H E JR | Director, Officer - Chairman | State Commercial Banks | BUY | $51.35 | 39,000 | $2,002,732 | 25,000 | +100.0% |
| 2020-03-10 21:46 | 2020-03-09 | UHAL | U-Haul Holding Co /NV/ | SHOEN EDWARD J | Director, Officer, 10% owner - Chairman, President | Services-Auto Rental & Leasing (No Drivers) | BUY | $311.25 | 5,101 | $1,587,704 | 8,321,105 | +0.1% |
| 2020-03-10 21:17 | 2020-03-06 | RVLV | Revolve Group, Inc. | Karanikolas Michael | Director, Officer, 10% owner - See Remarks | Retail-Catalog & Mail-Order Houses | BUY | $13.02 | 123,000 | $1,600,956 | 123,000 | +100.0% |
| 2020-03-11 00:00 | 2020-03-06 | N/A | N/A | NATIONAL COMMERCIAL BANK | 10% owner | Other | BUY | $20.42 | 339,912 | $6,941,003 | 6,506,555 | +5.5% |
| 2020-03-10 23:39 | 2020-03-06 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $121.97 | 107,100 | $13,063,330 | 22,486,766 | +0.5% |
| 2020-03-10 21:46 | 2020-03-09 | UHAL | U-Haul Holding Co /NV/ | Willow Grove Holdings LP | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $311.25 | 5,101 | $1,587,704 | 730,221 | +0.7% |
| 2020-03-11 00:35 | 2020-03-06 | PLNT | Planet Fitness, Inc. | BENSON CRAIG R | Director | Services-Membership Sports & Recreation Clubs | BUY | $63.47 | 25,000 | $1,586,633 | 25,000 | +100.0% |
| 2020-03-10 19:41 | 2020-03-09 | FFIN | FIRST FINANCIAL BANKSHARES INC | Anthony April Kaye Bullock | Director | State Commercial Banks | BUY | $24.00 | 47,292 | $1,135,008 | 14,072 | +100.0% |
| 2020-03-11 02:29 | 2020-03-06 | GTES | Gates Industrial Corp plc | Omaha Aggregator (Cayman) L.P. | 10% owner | General Industrial Machinery & Equipment | BUY | $9.24 | 250,400 | $2,314,898 | 1,529,208 | +19.6% |
| 2020-03-11 00:20 | 2020-03-06 | AMH | American Homes 4 Rent | HUGHES B WAYNE ET AL | Director | Real Estate Investment Trusts | BUY | $28.02 | 588,481 | $16,487,119 | 16,603,307 | +3.7% |
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.