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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2020-02-20 04:02 | 2020-02-14 | TSLA | Tesla, Inc. | Musk Elon | Director, Officer, 10% owner - CEO | Motor Vehicles & Passenger Car Bodies | BUY | $767.00 | 13,037 | $9,999,379 | 34,098,597 | +0.0% |
| 2020-02-20 00:30 | 2020-02-14 | SCPH | N/A | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $8.20 | 271,993 | $2,230,343 | 3,247,005 | +9.1% |
| 2020-02-19 16:26 | 2020-02-14 | MCHX | MARCHEX INC | Edenbrook Capital, LLC | 10% owner | Services-Prepackaged Software | BUY | $3.05 | 724,400 | $2,211,955 | 6,438,533 | +12.7% |
| 2020-02-20 01:16 | 2020-02-19 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $26.09 | 50,000 | $1,304,645 | 4,583,218 | +1.1% |
| 2020-02-19 05:24 | 2020-02-13 | SPWR | N/A | TOTAL S.A. | Director, 10% owner | Other | BUY | $8.50 | 676,600 | $5,751,235 | 82,205,373 | +0.8% |
| 2020-02-19 05:20 | 2020-01-15 | SPWR | N/A | TOTAL S.A. | Director, 10% owner | Other | BUY | $8.65 | 2,952,091 | $25,540,901 | 81,528,773 | +3.8% |
| 2020-02-19 00:12 | 2020-02-13 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $52.63 | 45,000 | $2,368,350 | 31,511,502 | +0.1% |
| 2020-02-19 00:25 | 2020-02-13 | AQB | AquaBounty Technologies Inc. | KIRK RANDAL J | 10% owner | Fishing, Hunting and Trapping | BUY | $1.50 | 5,175,000 | $7,762,500 | 5,175,000 | +100.0% |
| 2020-02-19 01:07 | 2020-02-18 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $25.85 | 50,000 | $1,292,490 | 4,570,718 | +1.1% |
| 2020-02-18 19:58 | 2020-02-18 | RVMD | Revolution Medicines, Inc. | Flynn James E | 10% owner, Other | Biological Products, (No Diagnostic Substances) | BUY | $17.00 | 600,000 | $10,200,000 | 798,795 | +301.8% |
| 2020-02-14 22:00 | 2020-02-13 | XCLIX | N/A | THRIVENT FINANCIAL FOR LUTHERANS | 10% owner | Other | BUY | $10.66 | 328,330 | $3,500,000 | 2,144,651 | +18.1% |
| 2020-02-14 20:55 | 2020-01-02 | SSSS | SURO CAPITAL CORP. | Birch Robert S. | 10% owner | Other | BUY | $6.81 | 241,176 | $1,642,481 | 1,761,176 | +15.9% |
| 2020-02-15 05:06 | 2020-02-13 | DUOT | DUOS TECHNOLOGIES GROUP, INC. | Bleichroeder LP | 10% owner | Services-Prepackaged Software | BUY | $6.00 | 167,900 | $1,007,366 | 498,258 | +50.8% |
| 2020-02-15 03:02 | 2020-02-12 | TNET | TRINET GROUP, INC. | AGI-T, L.P. | Director, 10% owner | Services-Business Services, NEC | BUY | $52.28 | 128,000 | $6,691,264 | 3,040,187 | +4.4% |
| 2020-02-15 00:46 | 2020-02-14 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $26.12 | 50,000 | $1,305,860 | 4,558,218 | +1.1% |
| 2020-02-14 05:46 | 2020-02-11 | ONEW | OneWater Marine Inc. | Troiano John | Director | Retail-Auto & Home Supply Stores | BUY | $12.00 | 385,734 | $4,628,808 | 385,734 | +100.0% |
| 2020-02-14 00:33 | 2020-02-11 | KYN | Kayne Anderson Energy Infrastructure Fund, Inc. | Voya Financial, Inc. | 10% owner | Other | BUY | $25.00 | 800,000 | $20,000,000 | 800,000 | +100.0% |
| 2020-02-14 00:44 | 2020-02-13 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $26.32 | 50,000 | $1,315,905 | 4,545,718 | +1.1% |
| 2020-02-13 01:47 | 2020-02-11 | UHAL | U-Haul Holding Co /NV/ | SHOEN EDWARD J | Director, Officer, 10% owner - Chairman, President | Services-Auto Rental & Leasing (No Drivers) | BUY | $347.82 | 3,000 | $1,043,466 | 8,310,584 | +0.0% |
| 2020-02-13 01:47 | 2020-02-11 | UHAL | U-Haul Holding Co /NV/ | Willow Grove Holdings LP | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $347.82 | 3,000 | $1,043,466 | 719,700 | +0.4% |
| 2020-02-13 00:36 | 2020-02-10 | CSPR | N/A | Florence Anthony A. Jr. | Director, 10% owner | Other | BUY | $12.00 | 1,250,000 | $15,000,000 | 6,222,412 | +25.1% |
| 2020-02-13 00:13 | 2020-02-10 | PPD | N/A | SIMMONS DAVID S | Director, Officer - Chief Executive Officer | Other | BUY | $27.00 | 40,000 | $1,080,000 | 907,759 | +4.6% |
| 2020-02-12 16:28 | 2020-02-10 | K | KELLANOVA | CAHILLANE STEVEN A | Director, Officer, 10% owner - Chairman, Pres. & CEO/Trustee | Grain Mill Products | BUY | $65.33 | 16,810 | $1,098,258 | 50,565 | +49.8% |
| 2020-02-12 16:46 | 2020-02-11 | CRCM | N/A | IAC/INTERACTIVECORP | 10% owner | Other | BUY | $15.00 | 33,514,960 | $502,724,400 | 1,000 | +100.0% |
| 2020-02-13 00:35 | 2020-02-10 | CSPR | N/A | New Enterprise Associates 14, L.P. | 10% owner | Other | BUY | $12.00 | 1,250,000 | $15,000,000 | 6,222,412 | +25.1% |
| 2020-02-13 02:40 | 2020-02-10 | SDGR | Schrodinger, Inc. | BILL & MELINDA GATES FOUNDATION TRUST | 10% owner | Pharmaceutical Preparations | BUY | $17.00 | 588,235 | $9,999,995 | 6,981,664 | +9.2% |
| 2020-02-13 01:47 | 2020-02-11 | UHAL | U-Haul Holding Co /NV/ | SHOEN MARK V | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $347.82 | 3,000 | $1,043,466 | 8,312,584 | +0.0% |
| 2020-02-13 00:34 | 2020-02-10 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $51.25 | 45,000 | $2,306,250 | 31,466,502 | +0.1% |
| 2020-02-13 01:05 | 2020-02-12 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $26.25 | 50,000 | $1,312,690 | 4,533,218 | +1.1% |
| 2020-02-12 00:40 | 2020-02-07 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $139.93 | 45,920 | $6,425,586 | 21,462,586 | +0.2% |
| 2020-02-12 00:57 | 2020-02-09 | CAR | AVIS BUDGET GROUP, INC. | Hees Bernardo | Director | Services-Auto Rental & Leasing (No Drivers) | BUY | $34.87 | 430,169 | $14,999,993 | 430,169 | +100.0% |
| 2020-02-11 22:12 | 2020-02-07 | PPR | Saba Capital Income & Opportunities Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $5.16 | 478,247 | $2,466,320 | 32,671,302 | +1.5% |
| 2020-02-12 01:06 | 2020-02-07 | STC | STEWART INFORMATION SERVICES CORP | EPPINGER FREDERICK H | Director, Officer - Chief Executive Officer | Title Insurance | BUY | $39.89 | 26,423 | $1,054,006 | 45,441 | +138.9% |
| 2020-02-11 19:58 | 2020-02-10 | LIFE | aTYR PHARMA INC | SCHIMMEL PAUL | Director | Biological Products, (No Diagnostic Substances) | BUY | $4.25 | 254,000 | $1,079,500 | 437,590 | +138.4% |
| 2020-02-12 00:18 | 2020-02-11 | NREF | NexPoint Real Estate Finance, Inc. | DONDERO JAMES D | Director, Officer - President | Real Estate Investment Trusts | BUY | $19.00 | 123,680 | $2,349,920 | 123,680 | +100.0% |
| 2020-02-11 16:02 | 2020-02-11 | ADMA | Adma Biologics Inc. | PERCEPTIVE ADVISORS LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $3.50 | 4,563,700 | $15,972,950 | 16,084,802 | +39.6% |
| 2020-02-12 00:53 | 2020-02-11 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $25.72 | 50,000 | $1,286,175 | 4,520,718 | +1.1% |
| 2020-02-11 00:15 | 2020-02-06 | PKD | N/A | HIGHBRIDGE CAPITAL MANAGEMENT LLC | 10% owner | Other | BUY | $14.43 | 183,775 | $2,652,737 | 1,957,648 | +10.4% |
| 2020-02-10 20:47 | 2020-02-06 | OXLC | Oxford Lane Capital Corp. | Frantz Leroy Scott | 10% owner | Other | BUY | $25.00 | 400,000 | $10,000,000 | 400,000 | +100.0% |
| 2020-02-11 01:36 | 2020-02-06 | BRPM | Alta Equipment Group Inc. | B. Riley Financial, Inc. | 10% owner | Wholesale-Industrial Machinery & Equipment | BUY | $10.21 | 361,352 | $3,688,067 | 4,162,420 | +9.5% |
| 2020-02-11 01:58 | 2020-02-10 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $25.51 | 50,000 | $1,275,650 | 4,508,218 | +1.1% |
| 2020-02-11 04:13 | 2020-02-06 | PKD | N/A | Hicks George G | 10% owner | Other | BUY | $14.53 | 794,550 | $11,541,236 | 2,035,386 | +64.0% |
| 2020-02-11 00:53 | 2020-02-10 | SDGR | Schrodinger, Inc. | Flynn James E | 10% owner, Other | Pharmaceutical Preparations | BUY | $17.00 | 250,000 | $4,250,000 | 250,000 | +100.0% |
| 2020-02-08 00:49 | 2020-02-05 | N/A | Morgan Stanley Direct Lending Fund | MS Credit Partners Holdings Inc. | 10% owner | Other | BUY | $20.00 | 570,938 | $11,418,769 | 572,688 | +32,625.1% |
| 2020-02-07 20:20 | 2020-02-05 | PPR | Saba Capital Income & Opportunities Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $5.16 | 295,328 | $1,523,892 | 32,193,055 | +0.9% |
| 2020-02-07 19:56 | 2020-02-06 | ASH | Ashland Inc. | NOVO GUILLERMO | Director, Officer - Chairman and CEO | Wholesale-Chemicals & Allied Products | BUY | $78.35 | 12,900 | $1,010,715 | 12,900 | +100.0% |
| 2020-02-08 00:17 | 2020-02-05 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $49.36 | 45,000 | $2,221,349 | 31,421,502 | +0.1% |
| 2020-02-08 00:41 | 2020-02-07 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $25.56 | 50,000 | $1,277,890 | 4,495,718 | +1.1% |
| 2020-02-07 01:05 | 2020-02-04 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $139.10 | 78,429 | $10,909,631 | 21,416,666 | +0.4% |
| 2020-02-07 00:26 | 2020-02-04 | ARQT | Arcutis Biotherapeutics Inc. | Bain Capital Life Sciences Investors, LLC | 10% owner | Pharmaceutical Preparations | BUY | $17.00 | 294,117 | $4,999,989 | 3,979,292 | +8.0% |
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.