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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019-12-10 00:05 | 2019-12-05 | IMMU | N/A | Avoro Capital Advisors LLC | Director, 10% owner, Other | Other | BUY | $17.50 | 2,000,000 | $35,000,000 | 24,500,000 | +8.9% |
| 2019-12-09 15:31 | 2019-12-06 | HSAC | Immunovant, Inc. | WONG RODERICK | Director, Officer - Chief Executive Officer | Biological Products, (No Diagnostic Substances) | BUY | $10.25 | 400,000 | $4,100,000 | 795,027 | +101.3% |
| 2019-12-10 01:27 | 2019-12-06 | EXPE | Expedia Group, Inc. | Kern Peter M | Director, Officer - Vice Chairman | Transportation Services | BUY | $108.33 | 23,070 | $2,499,159 | 90,907 | +34.0% |
| 2019-12-10 02:05 | 2019-12-05 | GTT | N/A | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | Other | BUY | $10.60 | 240,965 | $2,554,759 | 15,315,965 | +1.6% |
| 2019-12-10 04:34 | 2019-12-05 | WDAY | Workday, Inc. | STYSLINGER LEE J III | Director | Services-Computer Processing & Data Preparation | BUY | $164.54 | 10,000 | $1,645,382 | 10,000 | +100.0% |
| 2019-12-09 16:48 | 2019-12-06 | CNNE | Cannae Holdings, Inc. | MARTIRE FRANK R | Director | Retail-Eating & Drinking Places | BUY | $33.00 | 60,606 | $1,999,998 | 171,471 | +54.7% |
| 2019-12-09 22:15 | 2019-06-17 | ZIVO | Zivo Bioscience, Inc. | Maggiore Christopher D. | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $0.11 | 14,441,202 | $1,523,547 | 39,480,475 | +57.7% |
| 2019-12-10 02:02 | 2019-12-09 | LMPX | N/A | TAWFIK SAMER | Director, Officer, 10% owner - President and CEO | Other | BUY | $6.95 | 171,631 | $1,192,835 | 2,554,891 | +7.2% |
| 2019-12-10 01:02 | 2019-12-05 | LMPX | N/A | TAWFIK SAMER | Director, Officer, 10% owner - President and CEO | Other | BUY | $5.12 | 293,617 | $1,503,319 | 1,693,617 | +21.0% |
| 2019-12-10 00:09 | 2019-12-05 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $26.18 | 225,000 | $5,889,578 | 4,087,919 | +5.8% |
| 2019-12-07 01:24 | 2019-12-04 | PBF | PBF Energy Inc. | Inversora Carso, S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $30.99 | 811,427 | $25,149,531 | 19,272,069 | +4.4% |
| 2019-12-07 01:02 | 2019-12-05 | LMPX | N/A | TAWFIK SAMER | Director, Officer, 10% owner - President and CEO | Other | BUY | $5.00 | 550,000 | $2,750,000 | 2,292,959 | +31.6% |
| 2019-12-07 00:46 | 2019-12-06 | KOD | Kodiak Sciences Inc. | BAKER BROS. ADVISORS LP | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $46.00 | 1,902,173 | $87,499,958 | 10,118,929 | +23.1% |
| 2019-12-07 00:35 | 2019-12-04 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $25.96 | 322,000 | $8,357,864 | 4,031,669 | +8.7% |
| 2019-12-06 00:30 | 2019-12-03 | KODK | EASTMAN KODAK CO | Katz Philippe D | Director, 10% owner | Photographic Equipment & Supplies | BUY | $2.50 | 2,218,803 | $5,547,008 | 2,522,011 | +731.8% |
| 2019-12-06 01:26 | 2019-12-03 | CI | Cigna Group | FOSS ERIC J | Director | Hospital & Medical Service Plans | BUY | $195.41 | 10,200 | $1,993,165 | 25,683 | +65.9% |
| 2019-12-06 00:16 | 2019-11-25 | MTEM | N/A | Hirsch David | Director, 10% owner | Other | BUY | $8.00 | 937,500 | $7,500,000 | 4,199,035 | +28.7% |
| 2019-12-06 00:16 | 2019-11-25 | MTEM | N/A | Longitude Capital Partners III, LLC | 10% owner | Other | BUY | $8.00 | 937,500 | $7,500,000 | 4,199,035 | +28.7% |
| 2019-12-06 03:26 | 2019-12-05 | LMPX | N/A | TAWFIK SAMER | Director, Officer, 10% owner - President and CEO | Other | BUY | $5.10 | 342,959 | $1,749,091 | 1,742,959 | +24.5% |
| 2019-12-06 00:31 | 2019-12-03 | KODK | EASTMAN KODAK CO | KARFUNKEL GEORGE | Director, 10% owner | Photographic Equipment & Supplies | BUY | $2.50 | 4,437,605 | $11,094,013 | 6,706,276 | +195.6% |
| 2019-12-06 00:12 | 2019-12-03 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $25.72 | 163,660 | $4,208,992 | 3,951,169 | +4.3% |
| 2019-12-05 01:40 | 2016-02-01 | UHAL | U-Haul Holding Co /NV/ | SHOEN EDWARD J | Director, Officer, 10% owner - Chairman, President | Services-Auto Rental & Leasing (No Drivers) | BUY | $431.83 | 8,307,584 | $3,587,463,999 | 8,307,584 | +100.0% |
| 2019-12-05 02:08 | 2019-12-02 | MYOV | Myovant Sciences Ltd. | Roivant Sciences Ltd. | 10% owner | Pharmaceutical Preparations | BUY | $18.03 | 254,193 | $4,584,345 | 44,763,604 | +0.6% |
| 2019-12-05 01:57 | 2019-12-02 | GTT | N/A | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | Other | BUY | $9.37 | 1,130,000 | $10,587,309 | 15,075,000 | +8.1% |
| 2019-12-05 00:51 | 2019-12-04 | CBL | CBL & ASSOCIATES PROPERTIES INC | ASHNER MICHAEL L | Director | Real Estate Investment Trusts | BUY | $1.04 | 1,000,000 | $1,040,000 | 11,350,000 | +9.7% |
| 2019-12-05 01:39 | 2016-02-01 | UHAL | U-Haul Holding Co /NV/ | SHOEN MARK V | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $431.83 | 8,307,584 | $3,587,463,999 | 8,307,584 | +100.0% |
| 2019-12-05 04:49 | 2019-12-02 | ICMB | Investcorp Credit Management BDC, Inc. | Investcorp BDC Holdings Ltd | 10% owner | Other | BUY | $10.09 | 117,301 | $1,183,743 | 172,121 | +214.0% |
| 2019-12-05 01:06 | 2019-12-02 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $26.00 | 240,000 | $6,240,288 | 3,910,254 | +6.5% |
| 2019-12-05 00:10 | 2019-12-02 | HHC | N/A | Pershing Square Capital Management, L.P. | Director, 10% owner | Other | BUY | $115.00 | 1,746,476 | $200,844,740 | 2,194,793 | +389.6% |
| 2019-12-04 03:58 | 2019-11-29 | PBF | PBF Energy Inc. | Inversora Carso, S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $31.29 | 150,000 | $4,693,350 | 18,460,642 | +0.8% |
| 2019-12-03 23:13 | 2019-12-03 | CGEI | N/A | Zaplitny Bryan | Director, Officer, 10% owner - President/CEO | Other | BUY | $6,000,000.00 | 26,577,367 | $159,464,202,000,000 | 53,976,120 | +97.0% |
| 2019-12-02 17:18 | 2019-11-26 | N-A | N/A | STRS OHIO | 10% owner | Other | BUY | $15.00 | 98,961 | $1,484,415 | 6,038,558 | +1.7% |
| 2019-12-02 16:06 | 2019-11-27 | FTAI | FTAI Aviation Ltd. | TUCHMAN MARTIN | Director | Services-Miscellaneous Equipment Rental & Leasing | BUY | $25.00 | 200,000 | $5,000,000 | 200,000 | +100.0% |
| 2019-12-03 00:14 | 2019-11-27 | DFIN | Donnelley Financial Solutions, Inc. | Jacobowitz Jeffrey | Director | Services-Miscellaneous Business Services | BUY | $9.93 | 284,300 | $2,824,009 | 3,300,000 | +9.4% |
| 2019-12-03 01:10 | 2019-11-29 | GSAT | Globalstar, Inc. | Monroe James III | Director, Officer, 10% owner - Chief Executive Officer | Communications Services, NEC | BUY | $0.39 | 3,093,147 | $1,206,327 | 828,452,082 | +0.4% |
| 2019-12-03 02:10 | 2019-11-27 | PANW | Palo Alto Networks Inc | Arora Nikesh | Director, Officer - Chief Executive Officer | Computer Peripheral Equipment, NEC | BUY | $221.54 | 25,000 | $5,538,483 | 479,429 | +5.5% |
| 2019-11-30 01:18 | 2019-11-26 | PBF | PBF Energy Inc. | Inversora Carso, S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $31.48 | 240,455 | $7,568,393 | 18,310,642 | +1.3% |
| 2019-11-28 00:45 | 2019-11-25 | MYOV | Myovant Sciences Ltd. | Roivant Sciences Ltd. | 10% owner | Pharmaceutical Preparations | BUY | $15.00 | 3,500,000 | $52,500,000 | 44,509,411 | +8.5% |
| 2019-11-28 00:10 | 2019-11-25 | EXPE | Expedia Group, Inc. | Altman Samuel H. | Director | Transportation Services | BUY | $98.83 | 20,000 | $1,976,604 | 20,000 | +100.0% |
| 2019-11-28 00:47 | 2019-11-25 | MTEM | N/A | Longitude Capital Partners III, LLC | 10% owner | Other | BUY | $8.00 | 937,000 | $7,496,000 | 4,198,535 | +28.7% |
| 2019-11-28 00:43 | 2019-11-25 | MTEM | N/A | Hirsch David | Director, 10% owner | Other | BUY | $8.00 | 937,000 | $7,496,000 | 4,198,535 | +28.7% |
| 2019-11-27 20:58 | 2018-07-26 | N-A | Crescent Capital BDC, Inc. | Allied World Assurance Co Holdings, GmbH | 10% owner | Other | BUY | $19.79 | 1,350,324 | $26,728,984 | 3,489,838 | +63.1% |
| 2019-11-27 22:08 | 2019-11-25 | GTE | GRAN TIERRA ENERGY INC. | GMT CAPITAL CORP | 10% owner | Crude Petroleum & Natural Gas | BUY | $1.02 | 1,038,500 | $1,055,220 | 81,156,086 | +1.3% |
| 2019-11-28 00:17 | 2019-11-26 | ORGO | Organogenesis Holdings Inc. | Avista Capital Managing Member IV, LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $5.00 | 6,000,000 | $30,000,000 | 24,975,165 | +31.6% |
| 2019-11-28 00:22 | 2019-11-21 | GIFI | GULF ISLAND FABRICATION INC | PITON CAPITAL PARTNERS LLC | 10% owner | Fabricated Structural Metal Products | BUY | $4.52 | 249,258 | $1,126,646 | 1,798,362 | +16.1% |
| 2019-11-27 04:52 | 2019-11-22 | ACM | Aecom | Feld Peter A | Director | Services-Engineering Services | BUY | $42.56 | 200,000 | $8,511,060 | 5,975,266 | +3.5% |
| 2019-11-27 02:01 | 2019-11-25 | NOW | ServiceNow, Inc. | McDermott William R | Director, Officer - President & CEO | Services-Prepackaged Software | BUY | $278.93 | 3,600 | $1,004,149 | 3,600 | +100.0% |
| 2019-11-26 17:23 | 2019-11-22 | MGI | N/A | Ripple Labs Inc. | Other | Other | BUY | $4.10 | 626,600 | $2,569,060 | 6,237,523 | +11.2% |
| 2019-11-27 00:26 | 2019-11-22 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $48.89 | 25,560 | $1,249,501 | 456,690 | +5.9% |
| 2019-11-27 00:15 | 2019-11-26 | VTVT | vTv Therapeutics Inc. | PERELMAN RONALD O | 10% owner | Pharmaceutical Preparations | BUY | $1.46 | 1,369,863 | $2,000,000 | 28,986,349 | +5.0% |
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.