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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019-11-13 04:55 | 2019-11-08 | PBF | PBF Energy Inc. | Inversora Carso, S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $32.68 | 200,155 | $6,540,645 | 17,556,343 | +1.2% |
| 2019-11-13 00:17 | 2019-11-12 | GRTX | Galera Therapeutics, Inc. | Sofinnova Venture Partners IX, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $12.00 | 750,000 | $9,000,000 | 3,083,712 | +32.1% |
| 2019-11-13 00:26 | 2019-11-12 | VTVT | vTv Therapeutics Inc. | PERELMAN RONALD O | 10% owner | Pharmaceutical Preparations | BUY | $1.46 | 1,369,863 | $2,000,000 | 27,616,486 | +5.2% |
| 2019-11-12 18:16 | 2019-11-07 | QTNT | N/A | PERCEPTIVE ADVISORS LLC | 10% owner | Other | BUY | $7.00 | 2,500,000 | $17,500,000 | 13,289,054 | +23.2% |
| 2019-11-13 05:18 | 2019-11-07 | SCOR | COMSCORE, INC. | LIVEK WILLIAM PAUL | Director, Officer - See Remarks | Services-Business Services, NEC | BUY | $3.24 | 312,580 | $1,013,822 | 735,829 | +73.9% |
| 2019-11-13 00:15 | 2019-11-12 | GRTX | Galera Therapeutics, Inc. | Novartis Bioventures Ltd | 10% owner | Pharmaceutical Preparations | BUY | $12.00 | 250,000 | $3,000,000 | 3,543,067 | +7.6% |
| 2019-11-12 17:47 | 2019-11-11 | KMI | KINDER MORGAN, INC. | KINDER RICHARD D | Director, Officer, 10% owner - Executive Chairman | Natural Gas Transmission | BUY | $19.97 | 300,000 | $5,991,330 | 242,779,496 | +0.1% |
| 2019-11-13 01:00 | 2019-11-12 | GRTX | Galera Therapeutics, Inc. | New Enterprise Associates 14, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $12.00 | 416,666 | $4,999,992 | 4,358,047 | +10.6% |
| 2019-11-09 01:12 | 2019-11-06 | LILA | Liberty Latin America Ltd. | PADDICK BRENDAN J | Director | Cable & Other Pay Television Services | BUY | $18.91 | 544,064 | $10,290,644 | 1,299,593 | +72.0% |
| 2019-11-08 22:41 | 2019-11-06 | CNFR | Presurance Holdings, Inc. | Clarkston Ventures, LLC | 10% owner | Fire, Marine & Casualty Insurance | BUY | $4.50 | 321,782 | $1,448,019 | 2,107,425 | +18.0% |
| 2019-11-08 22:54 | 2019-11-06 | ESPR | Esperion Therapeutics, Inc. | BIOTECH TARGET N V | 10% owner | Pharmaceutical Preparations | BUY | $37.30 | 75,000 | $2,797,560 | 3,727,964 | +2.1% |
| 2019-11-08 22:52 | 2019-11-06 | RDUS | N/A | BIOTECH GROWTH N V | 10% owner | Other | BUY | $23.00 | 100,000 | $2,300,300 | 6,881,685 | +1.5% |
| 2019-11-09 01:33 | 2019-11-07 | LMNX | N/A | LOEWENBAUM G WALTER II | Director | Other | BUY | $18.00 | 81,657 | $1,469,434 | 579,551 | +16.4% |
| 2019-11-08 00:08 | 2019-11-05 | FSRVU | Katapult Holdings, Inc. | Kurz Howard | Director, Officer - President and CFO | Services-Equipment Rental & Leasing, NEC | BUY | $10.00 | 665,000 | $6,650,000 | 665,000 | +100.0% |
| 2019-11-08 00:07 | 2019-11-05 | FSRVU | Katapult Holdings, Inc. | FinServ Holdings LLC | 10% owner | Services-Equipment Rental & Leasing, NEC | BUY | $10.00 | 665,000 | $6,650,000 | 665,000 | +100.0% |
| 2019-11-08 00:06 | 2019-11-05 | FSRVU | Katapult Holdings, Inc. | Einbinder Lee | Director, Officer - CEO | Services-Equipment Rental & Leasing, NEC | BUY | $10.00 | 665,000 | $6,650,000 | 665,000 | +100.0% |
| 2019-11-08 00:05 | 2019-11-05 | TNET | TRINET GROUP, INC. | AGI-T, L.P. | Director, 10% owner | Services-Business Services, NEC | BUY | $52.83 | 208,400 | $11,009,147 | 2,620,767 | +8.6% |
| 2019-11-08 03:05 | 2019-11-05 | BH | Biglari Holdings Inc. | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Retail-Eating Places | BUY | $511.47 | 1,971 | $1,008,115 | 1,971 | +1,971,000.0% |
| 2019-11-08 00:48 | 2019-11-05 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $48.00 | 24,476 | $1,174,726 | 292,479 | +9.1% |
| 2019-11-08 03:22 | 2019-11-05 | FPRX | N/A | BVF PARTNERS L P/IL | 10% owner | Other | BUY | $4.00 | 968,112 | $3,872,448 | 419,748 | +100.0% |
| 2019-11-07 02:52 | 2019-11-04 | STOK | Stoke Therapeutics, Inc. | RTW INVESTMENTS, LP | 10% owner | Pharmaceutical Preparations | BUY | $29.24 | 104,873 | $3,066,843 | 3,560,682 | +3.0% |
| 2019-11-07 01:08 | 2019-11-04 | MGM | MGM Resorts International | Meister Keith A. | Director | Hotels & Motels | BUY | $29.43 | 79,000 | $2,324,867 | 20,642,696 | +0.4% |
| 2019-11-07 00:30 | 2019-11-04 | OYST | N/A | InvOpps GP IV, L.L.C. | Director, 10% owner | Other | BUY | $16.00 | 750,000 | $12,000,000 | 1,731,425 | +76.4% |
| 2019-11-05 20:44 | 2019-11-01 | PPR | Saba Capital Income & Opportunities Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $4.82 | 555,537 | $2,679,577 | 21,560,897 | +2.6% |
| 2019-11-06 01:11 | 2019-11-01 | TNET | TRINET GROUP, INC. | AGI-T, L.P. | Director, 10% owner | Services-Business Services, NEC | BUY | $51.99 | 183,400 | $9,534,159 | 2,412,367 | +8.2% |
| 2019-11-06 00:30 | 2019-11-01 | DSS | DSS, INC. | Chan Heng Fai Ambrose | Director, 10% owner | Paperboard Containers & Boxes | BUY | $0.30 | 6,000,000 | $1,822,200 | 6,446,428 | +1,344.0% |
| 2019-11-05 02:19 | 2019-11-04 | OYST | N/A | Falcon Vision LLC | 10% owner | Other | BUY | $16.00 | 155,000 | $2,480,000 | 1,039,622 | +17.5% |
| 2019-11-05 03:04 | 2019-11-04 | OYST | N/A | Vida Ventures, LLC | 10% owner | Other | BUY | $16.00 | 185,000 | $2,960,000 | 963,468 | +23.8% |
| 2019-11-05 01:54 | 2019-11-04 | OYST | N/A | Ozawa Clare | Director | Other | BUY | $16.00 | 562,500 | $9,000,000 | 1,003,658 | +127.5% |
| 2019-11-05 01:43 | 2019-11-04 | RAPT | RAPT Therapeutics, Inc. | COLUMN GROUP II, LP | 10% owner | Pharmaceutical Preparations | BUY | $12.00 | 625,000 | $7,500,000 | 4,982,333 | +14.3% |
| 2019-11-05 00:32 | 2019-10-31 | TTS | TILE SHOP HOLDINGS, INC. | Kamin Peter | Director, 10% owner | Retail-Home Furniture, Furnishings & Equipment Stores | BUY | $1.65 | 700,086 | $1,153,742 | 329,501 | +100.0% |
| 2019-11-05 01:58 | 2019-11-04 | OYST | N/A | Versant Venture Capital VI, L.P. | 10% owner | Other | BUY | $16.00 | 590,000 | $9,440,000 | 1,003,658 | +142.6% |
| 2019-11-05 02:59 | 2019-11-04 | RAPT | RAPT Therapeutics, Inc. | GOEDDEL DAVID V | Director, 10% owner | Pharmaceutical Preparations | BUY | $12.00 | 625,000 | $7,500,000 | 4,982,333 | +14.3% |
| 2019-11-05 02:17 | 2019-11-04 | OYST | N/A | KKR Fund Holdings L.P. | 10% owner | Other | BUY | $16.00 | 155,000 | $2,480,000 | 1,039,622 | +17.5% |
| 2019-11-05 02:04 | 2019-11-04 | OYST | N/A | New Enterprise Associates 14, L.P. | 10% owner | Other | BUY | $16.00 | 935,000 | $14,960,000 | 5,925,287 | +18.7% |
| 2019-11-01 20:49 | 2019-10-30 | PPR | Saba Capital Income & Opportunities Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $4.79 | 1,333,245 | $6,389,310 | 20,698,283 | +6.9% |
| 2019-11-01 23:55 | 2019-10-30 | STOK | Stoke Therapeutics, Inc. | RTW INVESTMENTS, LP | 10% owner | Pharmaceutical Preparations | BUY | $28.59 | 68,783 | $1,966,616 | 3,455,809 | +2.0% |
| 2019-11-01 23:06 | 2019-10-30 | TNET | TRINET GROUP, INC. | AGI-T, L.P. | Director, 10% owner | Services-Business Services, NEC | BUY | $51.37 | 183,345 | $9,417,974 | 2,228,967 | +9.0% |
| 2019-11-02 00:14 | 2019-10-30 | TRN | TRINITY INDUSTRIES INC | Boze Brandon B | Director, Other | Railroad Equipment | BUY | $19.95 | 1,650,000 | $32,912,550 | 24,211,698 | +7.3% |
| 2019-11-02 04:17 | 2019-10-30 | YMAB | N/A | HEALY JAMES | Director | Other | BUY | $28.00 | 90,000 | $2,520,000 | 2,194,278 | +4.3% |
| 2019-11-01 17:46 | 2019-10-31 | KMI | KINDER MORGAN, INC. | KINDER RICHARD D | Director, Officer, 10% owner - Executive Chairman | Natural Gas Transmission | BUY | $20.01 | 300,000 | $6,003,630 | 242,479,496 | +0.1% |
| 2019-11-02 00:46 | 2019-10-31 | FDX | FEDEX CORP | EDWARDSON JOHN A | Director | Air Courier Services | BUY | $154.13 | 10,000 | $1,541,250 | 67,966 | +17.3% |
| 2019-10-31 23:19 | 2017-08-31 | N-A | Crescent Capital BDC, Inc. | UFCW-Northern California Employers Joint Pension Plan | 10% owner | Other | BUY | $19.97 | 2,228,758 | $44,506,300 | 3,857,775 | +136.8% |
| 2019-10-31 23:15 | 2019-10-30 | NYSE | N/A | AXAR CAPITAL MANAGEMENT L.P. | Director, 10% owner, Other | Other | BUY | $1.00 | 3,925,660 | $3,925,660 | 11,674,095 | +50.7% |
| 2019-10-31 23:27 | 2019-10-29 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $47.20 | 22,800 | $1,076,046 | 244,200 | +10.3% |
| 2019-11-01 01:03 | 2019-10-29 | CABA | Cabaletta Bio, Inc. | 5AM Ventures V, L.P. | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $11.00 | 454,545 | $4,999,995 | 454,545 | +100.0% |
| 2019-11-01 01:27 | 2019-10-29 | CALA | Calithera Biosciences Inc. | BVF PARTNERS L P/IL | 10% owner | Pharmaceutical Preparations | BUY | $2.63 | 2,396,485 | $6,310,664 | 647,426 | +100.0% |
| 2019-10-31 00:05 | 2019-10-29 | PHAT | Phathom Pharmaceuticals, Inc. | Edwards Jonathan S. | Director | Pharmaceutical Preparations | BUY | $19.00 | 1,052,631 | $19,999,989 | 47,984 | +100.0% |
| 2019-10-30 21:34 | 2019-10-25 | N/A | N/A | NATIONAL COMMERCIAL BANK | 10% owner | Other | BUY | $20.63 | 841,100 | $17,351,893 | 5,995,047 | +16.3% |
| 2019-10-30 18:07 | 2019-08-09 | N-A | Crescent Capital BDC, Inc. | FGL Holdings | 10% owner | Other | BUY | $19.79 | 223,650 | $4,426,034 | 3,464,809 | +6.9% |
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.