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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018-12-28 01:00 | 2018-12-21 | ODT | N/A | Boxer Capital, LLC | Director, 10% owner | Other | BUY | $13.27 | 125,000 | $1,658,825 | 2,978,762 | +4.4% |
| 2018-12-27 00:28 | 2018-12-21 | WINT | WINDTREE THERAPEUTICS INC /DE/ | LPH II Investments Ltd | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $3.31 | 1,810,938 | $5,994,205 | 2,352,605 | +334.3% |
| 2018-12-27 00:30 | 2018-12-21 | WINT | WINDTREE THERAPEUTICS INC /DE/ | Lee's Pharmaceutical Holdings Ltd | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $4.00 | 9,874,799 | $39,459,697 | 12,794,970 | +338.2% |
| 2018-12-27 04:57 | 2018-12-21 | FCRIX | N/A | Franklin Square Holdings, L.P. | 10% owner | Other | BUY | $12.34 | 1,365,157 | $16,846,033 | 1,365,157 | +100.0% |
| 2018-12-27 00:42 | 2018-12-21 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $128.53 | 172,400 | $22,158,038 | 19,238,758 | +0.9% |
| 2018-12-26 16:23 | 2018-12-20 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $128.82 | 120,700 | $15,549,069 | 19,066,358 | +0.6% |
| 2018-12-27 00:35 | 2018-12-21 | CRSP | CRISPR Therapeutics AG | Vertex Pharmaceuticals (Europe) Ltd | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $24.08 | 90,742 | $2,184,958 | 5,340,742 | +1.7% |
| 2018-12-26 14:45 | 2018-12-19 | SIC | N/A | B. Riley Financial, Inc. | 10% owner | Other | BUY | $6.17 | 211,241 | $1,303,463 | 2,523,833 | +9.1% |
| 2018-12-27 05:05 | 2018-12-21 | N/A | N/A | Adelman David J. | Director | Other | BUY | $7.91 | 405,094 | $3,204,296 | 405,094 | +100.0% |
| 2018-12-27 05:02 | 2018-12-21 | XFEYX | N/A | Adelman David J. | Director, 10% owner | Other | BUY | $9.80 | 252,418 | $2,473,697 | 252,418 | +100.0% |
| 2018-12-27 04:56 | 2018-12-21 | FCRIX | N/A | Adelman David J. | 10% owner | Other | BUY | $12.34 | 3,201,426 | $39,505,597 | 1,836,269 | +100.0% |
| 2018-12-27 05:03 | 2018-12-21 | N/A | N/A | Forman Michael C. | Director, Officer, Other - President and CEO | Other | BUY | $7.91 | 405,094 | $3,204,296 | 405,094 | +100.0% |
| 2018-12-27 05:01 | 2018-12-21 | XFEYX | N/A | Forman Michael C. | Director, Officer, 10% owner - President & CEO | Other | BUY | $9.80 | 252,418 | $2,473,697 | 252,418 | +100.0% |
| 2018-12-27 05:00 | 2018-12-21 | N/A | N/A | Forman Michael C. | Director, Officer - Chief Executive Officer | Other | BUY | $6.58 | 435,451 | $2,865,266 | 270,905 | +100.0% |
| 2018-12-27 04:58 | 2018-12-21 | FCRIX | N/A | Forman Michael C. | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $12.34 | 3,201,426 | $39,505,597 | 1,836,269 | +100.0% |
| 2018-12-27 04:44 | 2018-12-21 | N/A | N/A | Forman Michael C. | Director, Officer - President and CEO | Other | BUY | $8.23 | 189,109 | $1,556,368 | 189,109 | +100.0% |
| 2018-12-27 04:43 | 2018-12-21 | FSK | FS KKR Capital Corp | Forman Michael C. | Director, Officer - Chief Executive Officer | Other | BUY | $5.15 | 1,122,607 | $5,781,426 | 924,609 | +100.0% |
| 2018-12-26 18:25 | 2018-08-02 | TAX | N/A | B. Riley Financial, Inc. | 10% owner | Other | BUY | $9.18 | 265,667 | $2,438,504 | 455,434 | +140.0% |
| 2018-12-27 00:06 | 2018-12-21 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $5.87 | 1,000,000 | $5,871,700 | 37,288,278 | +2.8% |
| 2018-12-27 00:01 | 2018-12-20 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $5.80 | 600,000 | $3,481,800 | 36,288,278 | +1.7% |
| 2018-12-26 19:44 | 2018-12-24 | ESPR | Esperion Therapeutics, Inc. | BIOTECH TARGET N V | 10% owner | Pharmaceutical Preparations | BUY | $39.91 | 50,000 | $1,995,725 | 3,392,964 | +1.5% |
| 2018-12-26 16:24 | 2018-12-21 | CHK | EXPAND ENERGY Corp | DUNHAM ARCHIE W | Director | Crude Petroleum & Natural Gas | BUY | $1.97 | 2,100,000 | $4,126,500 | 9,347,375 | +29.0% |
| 2018-12-27 04:39 | 2018-12-24 | REV | N/A | PERELMAN RONALD O | Director, 10% owner | Other | BUY | $23.18 | 60,000 | $1,390,818 | 45,283,321 | +0.1% |
| 2018-12-27 05:35 | 2018-12-24 | SGMS | Light & Wonder, Inc. | PERELMAN RONALD O | Director, 10% owner | Services-Computer Integrated Systems Design | BUY | $16.51 | 300,000 | $4,951,560 | 35,650,736 | +0.8% |
| 2018-12-27 00:49 | 2018-12-21 | APO | Apollo Global Management Inc. | TIGER GLOBAL MANAGEMENT LLC | 10% owner | Investment Advice | BUY | $23.54 | 1,122,800 | $26,432,172 | 37,663,500 | +3.1% |
| 2018-12-27 00:39 | 2018-12-21 | ETM | N/A | FIELD JOSEPH M | Director, Officer - Chairman Emeritus | Other | BUY | $5.54 | 200,000 | $1,108,960 | 10,175,344 | +2.0% |
| 2018-12-27 05:47 | 2018-12-21 | SLNO | SOLENO THERAPEUTICS INC | SCHULER JACK W | 10% owner | Pharmaceutical Preparations | BUY | $1.61 | 3,031,002 | $4,868,699 | 4,550,678 | +199.5% |
| 2018-12-22 02:08 | 2018-12-19 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $132.17 | 79,300 | $10,481,168 | 18,945,658 | +0.4% |
| 2018-12-22 00:15 | 2018-12-20 | LGF-B | STARZ ENTERTAINMENT CORP /CN/ | Crawford Gordon | Director | Services-Motion Picture & Video Tape Production | BUY | $14.21 | 75,000 | $1,065,900 | 248,560 | +43.2% |
| 2018-12-22 00:16 | 2018-12-19 | SLNO | SOLENO THERAPEUTICS INC | FEINBERG LARRY N | 10% owner | Pharmaceutical Preparations | BUY | $1.61 | 1,245,135 | $2,000,060 | 329,158 | +100.0% |
| 2018-12-22 03:09 | 2018-12-20 | GSAT | Globalstar, Inc. | Monroe James III | Director, Officer, 10% owner - Chief Executive Officer | Communications Services, NEC | BUY | $0.36 | 155,806,044 | $55,747,403 | 825,358,935 | +23.3% |
| 2018-12-22 00:05 | 2018-12-19 | LMST | N/A | WYCOFF W KIRK | Director | Other | BUY | $13.23 | 111,494 | $1,474,698 | 272,544 | +69.2% |
| 2018-12-22 00:05 | 2018-12-21 | AB | AllianceBernstein Holding L.P. | AXA Equitable Holdings, Inc. | Other | Investment Advice | BUY | $24.95 | 254,675 | $6,354,141 | 2,566,838 | +11.0% |
| 2018-12-22 03:41 | 2018-12-19 | LGF | STARZ ENTERTAINMENT CORP /CN/ | RACHESKY MARK H MD | Director, 10% owner | Services-Motion Picture & Video Tape Production | BUY | $14.23 | 779,900 | $11,101,019 | 193,816 | +100.0% |
| 2018-12-22 02:33 | 2018-12-19 | REV | N/A | PERELMAN RONALD O | Director, 10% owner | Other | BUY | $23.56 | 100,000 | $2,355,560 | 45,223,321 | +0.2% |
| 2018-12-22 02:30 | 2018-12-21 | SGMS | Light & Wonder, Inc. | PERELMAN RONALD O | Director, 10% owner | Services-Computer Integrated Systems Design | BUY | $15.09 | 400,000 | $6,036,000 | 35,350,736 | +1.1% |
| 2018-12-21 15:22 | 2018-12-20 | MDCO | N/A | Cox Christopher T | Officer - EVP & Chief Corp. Dev. Officer | Other | BUY | $17.70 | 113,500 | $2,008,950 | 334,955 | +51.3% |
| 2018-12-22 02:00 | 2018-12-19 | GRA | N/A | 40 North Latitude Fund LP | 10% owner | Other | BUY | $61.06 | 893,304 | $54,545,142 | 9,110,790 | +10.9% |
| 2018-12-21 00:28 | 2018-12-18 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $132.77 | 100,000 | $13,276,530 | 18,866,358 | +0.5% |
| 2018-12-20 15:29 | 2018-12-18 | AXON | N/A | Dexxon Holdings Ltd. | 10% owner | Other | BUY | $1.00 | 10,000,000 | $10,000,000 | 99,285,714 | +11.2% |
| 2018-12-20 16:57 | 2018-12-18 | AXON | N/A | Lo Andrew | 10% owner | Other | BUY | $1.00 | 10,000,000 | $10,000,000 | 99,285,714 | +11.2% |
| 2018-12-20 15:06 | 2018-12-18 | AXON | N/A | SVF Investments (UK) Ltd | 10% owner | Other | BUY | $1.00 | 10,000,000 | $10,000,000 | 99,285,714 | +11.2% |
| 2018-12-20 14:02 | 2018-12-18 | AXON | N/A | Roivant Sciences Ltd. | 10% owner | Other | BUY | $1.00 | 10,000,000 | $10,000,000 | 99,285,714 | +11.2% |
| 2018-12-21 01:28 | 2018-12-20 | DOVA | N/A | Manning Paul B | Director, 10% owner | Other | BUY | $6.17 | 266,631 | $1,645,113 | 12,754,454 | +2.1% |
| 2018-12-21 03:43 | 2018-12-18 | N/A | N/A | ZEN Wei Peu | Director | Other | BUY | $10.00 | 100,000 | $1,000,000 | 100,000 | +100.0% |
| 2018-12-21 02:17 | 2018-12-18 | DFRG | N/A | ARMISTICE CAPITAL, LLC | 10% owner | Other | BUY | $6.49 | 253,000 | $1,641,312 | 4,425,000 | +6.1% |
| 2018-12-21 02:33 | 2018-12-18 | SYNL | Ascent Industries Co. | Privet Fund Management LLC | 10% owner, Other | Chemicals & Allied Products | BUY | $16.94 | 88,966 | $1,506,728 | 71,621 | +100.0% |
| 2018-12-20 14:03 | 2018-12-18 | AXON | N/A | Machado Patrick | 10% owner | Other | BUY | $1.00 | 10,000,000 | $10,000,000 | 99,285,714 | +11.2% |
| 2018-12-20 14:15 | 2018-12-18 | AXON | N/A | QVT Associates GP LLC | 10% owner | Other | BUY | $1.00 | 10,000,000 | $10,000,000 | 99,285,714 | +11.2% |
| 2018-12-21 00:26 | 2018-12-19 | CHK | EXPAND ENERGY Corp | DUNHAM ARCHIE W | Director | Crude Petroleum & Natural Gas | BUY | $2.02 | 1,200,000 | $2,421,600 | 7,247,375 | +19.8% |
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.