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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2019-10-30 18:04 | 2019-07-24 | N-A | Crescent Capital BDC, Inc. | FGL Holdings | 10% owner | Other | BUY | $19.79 | 346,404 | $6,855,334 | 3,241,159 | +12.0% |
| 2019-10-30 18:01 | 2019-05-17 | N-A | Crescent Capital BDC, Inc. | FGL Holdings | 10% owner | Other | BUY | $19.68 | 179,209 | $3,526,834 | 2,894,755 | +6.6% |
| 2019-10-30 17:57 | 2019-01-29 | N-A | Crescent Capital BDC, Inc. | FGL Holdings | 10% owner | Other | BUY | $19.55 | 206,837 | $4,043,050 | 2,715,546 | +8.2% |
| 2019-10-30 17:53 | 2018-12-29 | N-A | Crescent Capital BDC, Inc. | FGL Holdings | 10% owner | Other | BUY | $20.04 | 104,704 | $2,098,261 | 2,508,708 | +4.4% |
| 2019-10-30 17:49 | 2018-10-26 | N-A | Crescent Capital BDC, Inc. | FGL Holdings | 10% owner | Other | BUY | $20.01 | 166,714 | $3,335,944 | 2,404,005 | +7.5% |
| 2019-10-30 17:46 | 2018-07-26 | N-A | Crescent Capital BDC, Inc. | FGL Holdings | 10% owner | Other | BUY | $20.01 | 97,777 | $1,956,521 | 2,237,291 | +4.6% |
| 2019-10-30 23:16 | 2019-10-28 | PRNB | N/A | Becker Daniel J. | Director | Other | BUY | $33.48 | 77,600 | $2,598,025 | 612,600 | +14.5% |
| 2019-10-30 18:03 | 2019-10-28 | PPR | Saba Capital Income & Opportunities Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $4.77 | 446,243 | $2,127,508 | 19,672,115 | +2.3% |
| 2019-10-30 23:58 | 2019-10-28 | TNET | TRINET GROUP, INC. | AGI-T, L.P. | Director, 10% owner | Services-Business Services, NEC | BUY | $50.24 | 231,600 | $11,636,209 | 2,045,622 | +12.8% |
| 2019-10-31 00:04 | 2019-10-29 | PHAT | Phathom Pharmaceuticals, Inc. | Frazier Life Sciences IX, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $19.00 | 1,052,631 | $19,999,989 | 7,284,269 | +16.9% |
| 2019-10-30 22:34 | 2019-10-25 | GTT | N/A | Conifer Management, L.L.C. | 10% owner | Other | BUY | $7.78 | 275,869 | $2,145,599 | 5,933,499 | +4.9% |
| 2019-10-30 22:10 | 2019-10-28 | ATEX | Anterix Inc. | Owl Creek Asset Management, L.P. | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $40.49 | 73,900 | $2,991,849 | 4,851,241 | +1.5% |
| 2019-10-31 01:31 | 2019-08-06 | AGRX | N/A | PERCEPTIVE ADVISORS LLC | 10% owner | Other | BUY | $0.95 | 2,300,000 | $2,185,000 | 10,726,750 | +27.3% |
| 2019-10-30 16:54 | 2019-10-29 | KMI | KINDER MORGAN, INC. | KINDER RICHARD D | Director, Officer, 10% owner - Executive Chairman | Natural Gas Transmission | BUY | $20.17 | 300,000 | $6,051,390 | 242,179,496 | +0.1% |
| 2019-10-31 01:04 | 2019-10-29 | CABA | Cabaletta Bio, Inc. | Flynn James E | 10% owner, Other | Biological Products, (No Diagnostic Substances) | BUY | $11.00 | 700,000 | $7,700,000 | 700,000 | +100.0% |
| 2019-10-30 03:58 | 2019-10-25 | SPCE | Virgin Galactic Holdings, Inc | Palihapitiya Chamath | Director, 10% owner | Transportation Services | BUY | $10.00 | 10,000,000 | $100,000,000 | 10,000,000 | +100.0% |
| 2019-10-30 02:29 | 2019-10-25 | N/A | N/A | Fresno County Employees' Retirement Association | 10% owner | Other | BUY | $20.63 | 592,323 | $12,219,623 | 4,252,438 | +16.2% |
| 2019-10-30 02:59 | 2019-10-22 | CDLX | Cardlytics, Inc. | SOSIN CLIFFORD | 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $37.30 | 80,926 | $3,018,669 | 2,821,710 | +3.0% |
| 2019-10-29 23:01 | 2019-10-25 | SLNO | SOLENO THERAPEUTICS INC | Sinclair Andrew | Director | Pharmaceutical Preparations | BUY | $1.20 | 2,300,000 | $2,760,000 | 6,969,272 | +49.3% |
| 2019-10-29 23:01 | 2019-10-25 | SLNO | SOLENO THERAPEUTICS INC | Abingworth LLP | 10% owner | Pharmaceutical Preparations | BUY | $1.20 | 2,300,000 | $2,760,000 | 6,969,272 | +49.3% |
| 2019-10-30 03:52 | 2019-10-25 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $46.75 | 22,900 | $1,070,683 | 221,400 | +11.5% |
| 2019-10-29 04:39 | 2019-10-28 | BRP | Baldwin Insurance Group, Inc. | Roche James Morgan | Other | Insurance Agents, Brokers & Service | BUY | $14.00 | 266,700 | $3,733,800 | 266,700 | +100.0% |
| 2019-10-29 04:37 | 2019-10-28 | BRP | Baldwin Insurance Group, Inc. | SULLIVAN CHRIS THOMAS | Director | Insurance Agents, Brokers & Service | BUY | $14.00 | 80,000 | $1,120,000 | 80,000 | +100.0% |
| 2019-10-28 18:00 | 2019-10-24 | PHD | Pioneer Floating Rate Fund, Inc. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $10.38 | 106,566 | $1,106,187 | 2,694,624 | +4.1% |
| 2019-10-29 04:38 | 2019-10-28 | BRP | Baldwin Insurance Group, Inc. | CASEY PHILLIP E | Director | Insurance Agents, Brokers & Service | BUY | $14.00 | 130,000 | $1,820,000 | 130,000 | +100.0% |
| 2019-10-25 13:25 | 2019-10-07 | VIE | N/A | Boundless Meadow Ltd | 10% owner | Other | BUY | $19.30 | 336,091 | $6,487,733 | 300,000 | +100.0% |
| 2019-10-26 03:44 | 2019-10-23 | TTS | TILE SHOP HOLDINGS, INC. | KAMIN PETER H | Director | Retail-Home Furniture, Furnishings & Equipment Stores | BUY | $1.58 | 3,074,869 | $4,854,911 | 272,111 | +100.0% |
| 2019-10-25 23:31 | 2019-10-23 | TTS | TILE SHOP HOLDINGS, INC. | JACULLO PETER J III | Director, 10% owner | Retail-Home Furniture, Furnishings & Equipment Stores | BUY | $1.57 | 2,372,551 | $3,726,091 | 3,676,989 | +181.9% |
| 2019-10-25 20:49 | 2019-10-01 | N-A | N/A | Partners Group Private Equity II, LLC | Other | Other | BUY | $6.03 | 829,036 | $5,000,000 | 2,765,734 | +42.8% |
| 2019-10-25 21:13 | 2019-10-25 | OPK | OPKO HEALTH, INC. | FROST PHILLIP MD ET AL | Director, Officer, 10% owner - CEO & Chairman | Pharmaceutical Preparations | BUY | $1.50 | 2,000,000 | $3,000,000 | 166,234,443 | +1.2% |
| 2019-10-25 23:06 | 2019-10-23 | FRGA | N/A | B. Riley Financial, Inc. | 10% owner | Other | BUY | $12.00 | 1,000,000 | $12,000,000 | 1,475,375 | +210.4% |
| 2019-10-25 23:11 | 2019-10-23 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $46.65 | 23,000 | $1,072,950 | 198,500 | +13.1% |
| 2019-10-25 15:05 | 2019-10-02 | MFON | MOBIVITY HOLDINGS CORP. | AKIN THOMAS B | Director, 10% owner | Services-Prepackaged Software | BUY | $1.00 | 3,082,916 | $3,082,916 | 6,810,036 | +82.7% |
| 2019-10-25 23:22 | 2019-10-23 | NMFC | New Mountain Finance Corp | KLINSKY STEVEN B | Director | Other | BUY | $13.25 | 355,000 | $4,703,750 | 6,740,751 | +5.6% |
| 2019-10-25 01:38 | 2019-10-16 | BCPL | N/A | BC Partners Investment Holdings Ltd | 10% owner | Other | BUY | $25.00 | 200,000 | $5,000,000 | 200,000 | +100.0% |
| 2019-10-24 17:27 | 2019-10-22 | EFF | N/A | Weinstein Boaz | 10% owner | Other | BUY | $15.64 | 114,614 | $1,792,689 | 1,677,189 | +7.3% |
| 2019-10-24 22:52 | 2018-12-13 | MX | MAGNACHIP SEMICONDUCTOR Corp | Brigade Leveraged Capital Structures Fund Ltd. | 10% owner | Semiconductors & Related Devices | BUY | $7.00 | 500,000 | $3,501,000 | 3,455,706 | +16.9% |
| 2019-10-25 02:11 | 2019-10-24 | VTVT | vTv Therapeutics Inc. | PERELMAN RONALD O | 10% owner | Pharmaceutical Preparations | BUY | $1.46 | 1,369,863 | $2,000,000 | 26,246,623 | +5.5% |
| 2019-10-25 01:39 | 2019-10-23 | JPM | JPMORGAN CHASE & CO | HOBSON MELLODY L | Director | National Commercial Banks | BUY | $124.65 | 16,000 | $1,994,376 | 109,555 | +17.1% |
| 2019-10-23 21:01 | 2019-10-21 | CDLX | Cardlytics, Inc. | SOSIN CLIFFORD | 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $37.87 | 28,123 | $1,065,018 | 2,740,784 | +1.0% |
| 2019-10-23 23:42 | 2019-10-21 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $46.96 | 23,000 | $1,079,965 | 175,500 | +15.1% |
| 2019-10-24 04:52 | 2019-10-23 | FRGA | N/A | Vintage Capital Management LLC | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $12.00 | 2,333,333 | $28,000,000 | 12,662,762 | +22.6% |
| 2019-10-22 23:11 | 2019-10-18 | PRNB | N/A | George Simeon | Director | Other | BUY | $28.00 | 357,142 | $9,999,976 | 2,982,855 | +13.6% |
| 2019-10-22 23:06 | 2019-10-18 | PRNB | N/A | Becker Daniel J. | Director | Other | BUY | $28.00 | 535,000 | $14,980,000 | 535,000 | +100.0% |
| 2019-10-23 00:36 | 2019-10-18 | PRNB | N/A | GLAXOSMITHKLINE PLC | Other | Other | BUY | $28.00 | 357,142 | $9,999,976 | 2,982,855 | +13.6% |
| 2019-10-21 23:41 | 2019-10-17 | EFF | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.54 | 120,602 | $1,874,686 | 1,562,575 | +8.4% |
| 2019-10-21 23:40 | 2019-10-17 | AGO | ASSURED GUARANTY LTD | Feldstein Andrew T | Officer - Chief Investment Officer | Surety Insurance | BUY | $46.76 | 23,400 | $1,094,184 | 152,500 | +18.1% |
| 2019-10-18 23:15 | 2019-10-16 | BCPL | N/A | BC Partners Investment Holdings Ltd | 10% owner | Other | BUY | $25.00 | 204,000 | $5,100,000 | 204,000 | +100.0% |
| 2019-10-19 02:58 | 2019-10-16 | VIR | Vir Biotechnology, Inc. | Burow Kristina | Director | Biological Products, (No Diagnostic Substances) | BUY | $20.00 | 1,000,000 | $20,000,000 | 1,000,000 | +100.0% |
| 2019-10-18 23:16 | 2019-10-16 | BCPL | N/A | Goldthorpe Edward J. | Director, Officer - President, CEO | Other | BUY | $25.00 | 100,000 | $2,500,000 | 100,000 | +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.