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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019-11-27 03:20 | 2019-11-22 | NOG | NORTHERN OIL & GAS, INC. | Rowling Robert B. | 10% owner | Crude Petroleum & Natural Gas | BUY | $50.00 | 21,894 | $1,094,700 | 21,894 | +100.0% |
| 2019-11-27 01:59 | 2019-11-22 | FPRX | N/A | BVF PARTNERS L P/IL | 10% owner | Other | BUY | $3.40 | 1,120,010 | $3,808,146 | 501,605 | +100.0% |
| 2019-11-27 05:39 | 2019-11-26 | KMI | KINDER MORGAN, INC. | KINDER RICHARD D | Director, Officer, 10% owner - Executive Chairman | Natural Gas Transmission | BUY | $19.74 | 300,000 | $5,920,590 | 243,079,496 | +0.1% |
| 2019-11-27 00:20 | 2019-11-25 | NS | N/A | GREEHEY WILLIAM E | Director | Other | BUY | $28.44 | 527,426 | $14,999,995 | 9,646,530 | +5.8% |
| 2019-11-26 01:14 | 2019-11-22 | N/A | Blue Owl Technology Finance Corp. | Packer Craig | Director, Officer - CEO and President | Other | BUY | $14.80 | 189,410 | $2,803,268 | 1,341,675 | +16.4% |
| 2019-11-26 05:30 | 2019-11-21 | TPCO | N/A | Alden Global Capital LLC | 10% owner | Other | BUY | $12.37 | 1,427,261 | $17,653,934 | 5,198,925 | +37.8% |
| 2019-11-26 01:14 | 2019-11-22 | N/A | Blue Owl Technology Finance Corp. | Kirshenbaum Alan | Director, Officer - COO and CFO | Other | BUY | $14.80 | 189,410 | $2,803,268 | 1,341,675 | +16.4% |
| 2019-11-25 23:14 | 2019-11-01 | N-A | N/A | Partners Group Private Equity II, LLC | Other | Other | BUY | $6.07 | 659,196 | $4,000,000 | 3,424,929 | +23.8% |
| 2019-11-26 01:14 | 2019-11-22 | N/A | Blue Owl Technology Finance Corp. | Ostrover Douglas I | Director | Other | BUY | $14.80 | 189,410 | $2,803,268 | 1,341,675 | +16.4% |
| 2019-11-26 05:38 | 2019-11-25 | KRTX | N/A | HEALY JAMES | Director | Other | BUY | $96.00 | 156,250 | $15,000,000 | 1,885,602 | +9.0% |
| 2019-11-26 00:24 | 2019-11-21 | MTEM | N/A | Morenstein Scott D | Director | Other | BUY | $8.00 | 468,750 | $3,750,000 | 2,052,991 | +29.6% |
| 2019-11-23 00:52 | 2019-11-20 | N/A | N/A | Muzinich US Private Debt, SCSp | 10% owner | Other | BUY | $100.00 | 124,535 | $12,453,541 | 70,175 | +100.0% |
| 2019-11-23 05:28 | 2019-11-20 | MYOV | Myovant Sciences Ltd. | Roivant Sciences Ltd. | 10% owner | Pharmaceutical Preparations | BUY | $12.39 | 243,812 | $3,021,684 | 41,009,411 | +0.6% |
| 2019-11-23 05:32 | 2019-11-20 | TPCO | N/A | Alden Global Capital LLC | 10% owner | Other | BUY | $10.94 | 184,500 | $2,018,356 | 4,627,964 | +4.2% |
| 2019-11-23 01:06 | 2019-11-20 | ADES | Arq Inc. | Alta Fundamental Advisers LLC | Director | Miscellaneous Chemical Products | BUY | $10.47 | 266,843 | $2,793,366 | 1,840,260 | +17.0% |
| 2019-11-23 04:07 | 2019-11-20 | PRNB | N/A | Becker Daniel J. | Director | Other | BUY | $29.94 | 55,000 | $1,646,700 | 667,600 | +9.0% |
| 2019-11-23 00:55 | 2019-11-20 | KMI | KINDER MORGAN, INC. | SAROFIM FAYEZ | Director | Natural Gas Transmission | BUY | $20.10 | 200,000 | $4,019,860 | 29,373,127 | +0.7% |
| 2019-11-22 23:10 | 2019-11-20 | MIST | Milestone Pharmaceuticals Inc. | RTW INVESTMENTS, LP | 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 400,000 | $6,400,000 | 3,935,493 | +11.3% |
| 2019-11-23 01:17 | 2019-11-20 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $48.69 | 25,560 | $1,244,516 | 431,130 | +6.3% |
| 2019-11-23 01:14 | 2019-11-20 | INTC | INTEL CORP | GOETZ JAMES J | Director | Semiconductors & Related Devices | BUY | $58.24 | 86,500 | $5,037,916 | 172,720 | +100.3% |
| 2019-11-23 03:51 | 2019-11-21 | ARMK | Aramark | ZILLMER JOHN J | Director, Officer - Chief Executive Officer | Retail-Eating Places | BUY | $42.68 | 35,000 | $1,493,853 | 236,030 | +17.4% |
| 2019-11-23 00:39 | 2019-08-06 | WES | Western Midstream Partners, LP | CRANE JAMES R | Director | Natural Gas Transmission | BUY | $21.55 | 160,931 | $3,468,127 | 254,201 | +172.5% |
| 2019-11-22 14:23 | 2019-10-08 | OVID | Ovid Therapeutics Inc. | TAKEDA PHARMACEUTICAL CO LTD | 10% owner | Pharmaceutical Preparations | BUY | $2.50 | 2,000,000 | $5,000,000 | 5,750,000 | +53.3% |
| 2019-11-22 02:24 | 2019-11-19 | CAPL | CrossAmerica Partners LP | Topper Joseph V. Jr. | Director, 10% owner | Wholesale-Petroleum & Petroleum Products (No Bulk Stations) | BUY | $18.63 | 7,486,131 | $139,466,621 | 7,486,131 | +100.0% |
| 2019-11-22 02:21 | 2019-11-21 | GCI | USA TODAY Co., Inc. | Reed Michael | Director, Officer - Chief Executive Officer | Newspapers: Publishing or Publishing & Printing | BUY | $6.61 | 285,000 | $1,883,850 | 912,361 | +45.4% |
| 2019-11-22 01:24 | 2019-11-19 | PBF | PBF Energy Inc. | Inversora Carso, S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $31.37 | 508,816 | $15,960,388 | 18,070,187 | +2.9% |
| 2019-11-22 01:51 | 2019-07-09 | CIDM | Cineverse Corp. | Xu Peixin | Director, 10% owner | Services-Video Tape Rental | BUY | $3,696,153.85 | 3,900,000 | $14,415,000,000,180 | 23,566,667 | +19.8% |
| 2019-11-22 01:49 | 2019-07-09 | CIDM | Cineverse Corp. | Jiang Fengyun | 10% owner | Services-Video Tape Rental | BUY | $3,696,153.85 | 3,900,000 | $14,415,000,000,180 | 23,566,667 | +19.8% |
| 2019-11-22 01:47 | 2019-07-09 | CIDM | Cineverse Corp. | Bison Entertainment & Media Group | 10% owner | Services-Video Tape Rental | BUY | $3,696,153.85 | 3,900,000 | $14,415,000,000,180 | 3,900,000 | +100.0% |
| 2019-11-22 01:46 | 2019-07-09 | CIDM | Cineverse Corp. | Bison Capital Holding Co Ltd | 10% owner | Services-Video Tape Rental | BUY | $3,696,153.85 | 3,900,000 | $14,415,000,000,180 | 23,566,667 | +19.8% |
| 2019-11-22 01:21 | 2019-11-19 | GIFI | GULF ISLAND FABRICATION INC | Averick Robert M | Director, 10% owner | Fabricated Structural Metal Products | BUY | $4.52 | 298,362 | $1,347,283 | 1,798,362 | +19.9% |
| 2019-11-21 01:50 | 2019-11-18 | REPL | Replimune Group, Inc. | Rhodes Jason P | Director | Biological Products, (No Diagnostic Substances) | BUY | $13.61 | 1,100,000 | $14,971,000 | 1,100,000 | +100.0% |
| 2019-11-21 04:29 | 2019-11-20 | PAGP | PLAINS GP HOLDINGS LP | Chiang Willie CW | Director, Officer - CEO | Pipe Lines (No Natural Gas) | BUY | $17.14 | 60,000 | $1,028,160 | 135,104 | +79.9% |
| 2019-11-20 20:36 | 2019-11-18 | REPL | Replimune Group, Inc. | Omega Fund IV, L.P. | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $13.61 | 220,000 | $2,994,200 | 5,328,939 | +4.3% |
| 2019-11-21 04:40 | 2019-11-18 | BH | Biglari Holdings Inc. | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Retail-Eating Places | BUY | $576.13 | 3,232 | $1,862,049 | 6,333 | +104.2% |
| 2019-11-21 00:05 | 2019-11-19 | ET | Energy Transfer LP | WARREN KELCY L | Director, Officer - CEO | Natural Gas Transmission | BUY | $11.37 | 3,969,224 | $45,130,077 | 96,043,757 | +4.3% |
| 2019-11-21 00:26 | 2019-11-18 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $48.67 | 25,560 | $1,244,005 | 405,570 | +6.7% |
| 2019-11-21 04:25 | 2019-11-20 | PAGP | PLAINS GP HOLDINGS LP | ARMSTRONG GREG L | Director | Pipe Lines (No Natural Gas) | BUY | $17.14 | 60,000 | $1,028,634 | 1,560,625 | +4.0% |
| 2019-11-21 00:36 | 2019-11-18 | UBER | Uber Technologies, Inc | KHOSROWSHAHI DARA | Director, Officer - Chief Executive Officer | Services-Business Services, NEC | BUY | $26.75 | 250,000 | $6,687,500 | 1,530,939 | +19.5% |
| 2019-11-20 01:00 | 2019-11-15 | MGM | MGM Resorts International | Meister Keith A. | Director | Hotels & Motels | BUY | $31.21 | 295,000 | $9,205,800 | 20,937,696 | +1.4% |
| 2019-11-20 05:47 | 2019-11-15 | NXTC | NextCure, Inc. | Sofinnova Venture Partners IX, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $36.75 | 150,000 | $5,512,500 | 2,671,856 | +5.9% |
| 2019-11-20 01:35 | 2019-11-15 | DISCA | Warner Bros. Discovery, Inc. | WARGO J DAVID | Director | Cable & Other Pay Television Services | BUY | $28.28 | 162,450 | $4,594,086 | 487,624 | +50.0% |
| 2019-11-18 18:48 | 2019-11-18 | XCLIX | N/A | THRIVENT FINANCIAL FOR LUTHERANS | 10% owner | Other | BUY | $10.57 | 387,890 | $4,100,000 | 1,782,220 | +27.8% |
| 2019-11-18 23:37 | 2019-11-15 | ATGE | Covista Inc. | Randolfi Michael O | Officer - SVP, Chief Financial Officer | Services-Educational Services | BUY | $33.73 | 32,000 | $1,079,379 | 78,090 | +69.4% |
| 2019-11-18 15:30 | 2019-11-14 | DISCA | Warner Bros. Discovery, Inc. | MALONE JOHN C | Director, 10% owner | Cable & Other Pay Television Services | BUY | $28.03 | 2,670,000 | $74,840,100 | 10,317,937 | +34.9% |
| 2019-11-19 01:23 | 2019-11-18 | RETA | N/A | Traweek James W JR | 10% owner | Other | BUY | $183.00 | 40,218 | $7,359,894 | 3,063,567 | +1.3% |
| 2019-11-19 01:21 | 2019-11-18 | RETA | N/A | McGaughy R Kent Jr | Director, 10% owner | Other | BUY | $183.00 | 40,218 | $7,359,894 | 3,063,567 | +1.3% |
| 2019-11-19 01:20 | 2019-11-18 | RETA | N/A | CPMG Inc | Director, 10% owner | Other | BUY | $183.00 | 40,218 | $7,359,894 | 5,464 | +100.0% |
| 2019-11-19 00:25 | 2019-11-14 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $48.37 | 25,222 | $1,219,988 | 380,010 | +7.1% |
| 2019-11-19 00:07 | 2019-11-15 | INTC | INTEL CORP | GOETZ JAMES J | Director | Semiconductors & Related Devices | BUY | $58.13 | 86,220 | $5,012,357 | 86,220 | +100.0% |
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.