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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2018-02-27 02:59 | 2018-02-22 | CVON | N/A | Goldberg Neil | Other | Other | BUY | $8.00 | 312,500 | $2,500,000 | 312,500 | +100.0% |
| 2018-02-27 05:21 | 2018-02-22 | ZOES | N/A | Misada Capital Flagship Fund LP | 10% owner | Other | BUY | $14.34 | 1,350,716 | $19,371,023 | 3,295,334 | +69.5% |
| 2018-02-27 01:10 | 2018-02-26 | PE | N/A | Sheffield Bryan | Director, Officer, 10% owner - See Remarks | Other | BUY | $26.34 | 189,500 | $4,991,430 | 11,533,063 | +1.7% |
| 2018-02-27 01:15 | 2018-02-22 | TTS | TILE SHOP HOLDINGS, INC. | JACULLO PETER J III | Director | Retail-Home Furniture, Furnishings & Equipment Stores | BUY | $5.66 | 397,775 | $2,251,168 | 585,603 | +211.8% |
| 2018-02-27 00:45 | 2018-02-22 | TTS | TILE SHOP HOLDINGS, INC. | KAMIN PETER H | Director | Retail-Home Furniture, Furnishings & Equipment Stores | BUY | $5.50 | 240,000 | $1,320,912 | 182,398 | +100.0% |
| 2018-02-27 02:45 | 2018-02-22 | CVON | N/A | Vogel Stephen A | Other | Other | BUY | $8.00 | 937,500 | $7,500,000 | 937,500 | +100.0% |
| 2018-02-27 02:31 | 2018-02-14 | XTNT | Xtant Medical Holdings, Inc. | Rizzo Matthew | Director, 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $7.20 | 945,819 | $6,809,897 | 3,316,128 | +39.9% |
| 2018-02-27 02:29 | 2018-02-14 | XTNT | Xtant Medical Holdings, Inc. | Eggenberg Michael | Director, 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $7.20 | 945,819 | $6,809,897 | 3,316,128 | +39.9% |
| 2018-02-26 20:50 | 2018-02-26 | MSO | N/A | Rieder Richard M | Other | Other | BUY | $100.00 | 10,000 | $1,000,000 | 10,000 | +100.0% |
| 2018-02-26 20:58 | 2018-02-23 | TMUS | T-Mobile US, Inc. | Deutsche Telekom Holding B.V. | 10% owner | Radiotelephone Communications | BUY | $59.38 | 185,000 | $10,985,855 | 536,991,077 | +0.0% |
| 2018-02-24 01:06 | 2018-02-22 | HII | HUNTINGTON INGALLS INDUSTRIES, INC. | Bilden Philip M. | Director | Ship & Boat Building & Repairing | BUY | $265.14 | 4,000 | $1,060,548 | 6,200 | +181.8% |
| 2018-02-23 23:44 | 2018-02-21 | CATM | N/A | Hudson Executive Capital LP | 10% owner | Other | BUY | $23.32 | 322,000 | $7,510,199 | 6,324,730 | +5.4% |
| 2018-02-23 19:32 | 2018-02-21 | DDR | SITE Centers Corp. | Otto Alexander | Director, 10% owner | Real Estate Investment Trusts | BUY | $7.58 | 1,245,942 | $9,441,873 | 48,369,634 | +2.6% |
| 2018-02-24 05:03 | 2018-02-21 | BH | N/A | BIGLARI, SARDAR | Director, 10% owner | Other | BUY | $417.51 | 3,583 | $1,495,948 | 720,056 | +0.5% |
| 2018-02-23 20:04 | 2018-02-22 | TMUS | T-Mobile US, Inc. | Deutsche Telekom Holding B.V. | 10% owner | Radiotelephone Communications | BUY | $59.26 | 225,000 | $13,333,365 | 536,806,077 | +0.0% |
| 2018-02-24 00:31 | 2018-02-22 | AAT | American Assets Trust, Inc. | RADY ERNEST S | Director, Officer, 10% owner - Chairman, CEO & President | Real Estate Investment Trusts | BUY | $32.65 | 105,101 | $3,431,337 | 5,083,103 | +2.1% |
| 2018-02-24 01:53 | 2018-02-22 | CVON | N/A | KATZMAN RICHARD | Director | Other | BUY | $8.00 | 125,000 | $1,000,000 | 125,000 | +100.0% |
| 2018-02-24 02:55 | 2018-02-14 | XTNT | Xtant Medical Holdings, Inc. | ORBIMED ADVISORS LLC | Director, 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $7.20 | 945,819 | $6,809,897 | 3,316,128 | +39.9% |
| 2018-02-23 02:01 | 2018-02-20 | HCA | HCA Healthcare, Inc. | FRIST THOMAS F JR | 10% owner | Services-General Medical & Surgical Hospitals, NEC | BUY | $101.07 | 28,650 | $2,895,681 | 389,855 | +7.9% |
| 2018-02-22 17:43 | 2018-02-21 | TMUS | T-Mobile US, Inc. | Deutsche Telekom Holding B.V. | 10% owner | Radiotelephone Communications | BUY | $60.17 | 230,000 | $13,840,066 | 536,581,077 | +0.0% |
| 2018-02-23 02:02 | 2018-02-20 | HCA | HCA Healthcare, Inc. | FRIST PATRICIA C | 10% owner | Services-General Medical & Surgical Hospitals, NEC | BUY | $101.07 | 28,650 | $2,895,681 | 389,855 | +7.9% |
| 2018-02-23 02:17 | 2018-02-20 | ODT | N/A | TANG KEVIN C | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $27.17 | 39,083 | $1,061,811 | 12,369,676 | +0.3% |
| 2018-02-21 22:28 | 2018-02-16 | N/A | N/A | Golub Lawrence E | Director, Officer, 10% owner - Chairman | Other | BUY | $15.00 | 67,354 | $1,010,303 | 1,507,211 | +4.7% |
| 2018-02-21 22:32 | 2018-02-16 | N/A | N/A | Golub David | Director, Officer, 10% owner - President and CEO | Other | BUY | $15.00 | 67,354 | $1,010,303 | 1,507,211 | +4.7% |
| 2018-02-22 01:16 | 2018-02-20 | TMUS | T-Mobile US, Inc. | Deutsche Telekom Holding B.V. | 10% owner | Radiotelephone Communications | BUY | $60.19 | 130,000 | $7,824,232 | 536,351,077 | +0.0% |
| 2018-02-22 00:49 | 2018-02-20 | AAT | American Assets Trust, Inc. | RADY ERNEST S | Director, Officer, 10% owner - Chairman, CEO & President | Real Estate Investment Trusts | BUY | $32.31 | 94,155 | $3,042,591 | 4,978,002 | +1.9% |
| 2018-02-22 00:20 | 2018-02-16 | MOTS | Motus GI Holdings Inc. | PERCEPTIVE ADVISORS LLC | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $5.00 | 1,000,000 | $5,000,000 | 2,800,541 | +55.5% |
| 2018-02-22 00:19 | 2018-02-16 | RARX | N/A | NEW ENTERPRISE ASSOCIATES 13 LP | 10% owner | Other | BUY | $6.00 | 2,000,000 | $12,000,000 | 5,490,073 | +57.3% |
| 2018-02-20 18:52 | 2018-02-16 | N-A | N/A | STRS OHIO | 10% owner | Other | BUY | $15.00 | 106,667 | $1,600,000 | 15,521,663 | +0.7% |
| 2018-02-20 18:47 | 2018-01-19 | N-A | N/A | STRS OHIO | 10% owner | Other | BUY | $15.00 | 266,667 | $4,000,000 | 15,414,996 | +1.8% |
| 2018-02-20 14:09 | 2018-02-15 | IMGL | N/A | Kwok Leung Lee | 10% owner | Other | BUY | $52,000.00 | 2,600,000 | $135,200,000,000 | 37,860,000 | +7.4% |
| 2018-02-21 02:01 | 2018-02-15 | LGCY | N/A | Baines Creek Capital, LLC | 10% owner | Other | BUY | $2.36 | 457,872 | $1,081,906 | 10,743,204 | +4.5% |
| 2018-02-21 04:09 | 2018-02-15 | BH | N/A | BIGLARI, SARDAR | Director, 10% owner | Other | BUY | $401.40 | 3,849 | $1,544,987 | 716,473 | +0.5% |
| 2018-02-20 20:38 | 2018-02-16 | TMUS | T-Mobile US, Inc. | Deutsche Telekom Holding B.V. | 10% owner | Radiotelephone Communications | BUY | $60.35 | 365,000 | $22,029,137 | 536,221,077 | +0.1% |
| 2018-02-20 17:33 | 2018-02-15 | NRCIA-B | NATIONAL RESEARCH CORP | Amandla MK Trust | 10% owner | Services-Commercial Physical & Biological Research | BUY | $19.31 | 5,494,440 | $106,097,636 | 5,494,440 | +100.0% |
| 2018-02-21 00:19 | 2018-02-15 | LJPC | N/A | PERCEPTIVE ADVISORS LLC | 10% owner | Other | BUY | $32.42 | 50,000 | $1,621,000 | 3,613,611 | +1.4% |
| 2018-02-21 00:37 | 2018-02-15 | ZBH | ZIMMER BIOMET HOLDINGS, INC. | Hanson Bryan C | Director, Officer - President and CEO | Orthopedic, Prosthetic & Surgical Appliances & Supplies | BUY | $119.68 | 25,077 | $3,001,210 | 25,077 | +100.0% |
| 2018-02-17 00:42 | 2018-02-14 | RARX | N/A | Shah Rajeev M. | Director, 10% owner | Other | BUY | $6.00 | 2,500,000 | $15,000,000 | 3,851,808 | +184.9% |
| 2018-02-17 02:02 | 2018-02-14 | WAIR | N/A | Makaira Partners LLC | 10% owner | Other | BUY | $8.80 | 550,000 | $4,840,495 | 10,723,818 | +5.4% |
| 2018-02-17 00:42 | 2018-02-14 | RARX | N/A | RA CAPITAL MANAGEMENT, LLC | Director, 10% owner | Other | BUY | $6.00 | 2,500,000 | $15,000,000 | 3,851,808 | +184.9% |
| 2018-02-17 02:47 | 2018-02-14 | ODT | N/A | TANG KEVIN C | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $22.47 | 128,255 | $2,881,338 | 12,330,593 | +1.1% |
| 2018-02-16 19:11 | 2018-02-15 | TMUS | N/A | Deutsche Telekom Holding B.V. | 10% owner | Other | BUY | $59.54 | 270,000 | $16,076,961 | 535,856,077 | +0.1% |
| 2018-02-16 19:09 | 2018-02-14 | TMUS | N/A | Deutsche Telekom Holding B.V. | 10% owner | Other | BUY | $57.79 | 300,000 | $17,337,030 | 535,586,077 | +0.1% |
| 2018-02-16 04:04 | 2018-02-13 | QES | N/A | Archer Holdco LLC | Director, 10% owner, Other | Other | BUY | $10.00 | 1,000,000 | $10,000,000 | 9,494,306 | +11.8% |
| 2018-02-16 04:13 | 2018-02-13 | QES | N/A | Geveran Investments Ltd | 10% owner, Other | Other | BUY | $10.00 | 2,000,000 | $20,000,000 | 2,000,000 | +100.0% |
| 2018-02-16 04:04 | 2018-02-13 | QES | N/A | ROBERTSON CORBIN J JR | Director, 10% owner, Other | Other | BUY | $10.00 | 200,000 | $2,000,000 | 100,000 | +100.0% |
| 2018-02-16 00:17 | 2018-02-13 | LJPC | N/A | PERCEPTIVE ADVISORS LLC | 10% owner | Other | BUY | $32.72 | 175,000 | $5,725,248 | 3,563,611 | +5.2% |
| 2018-02-16 04:31 | 2018-02-13 | DHCP | N/A | COOPERMAN LEON G | 10% owner | Other | BUY | $10.54 | 172,254 | $1,815,867 | 194,703 | +767.3% |
| 2018-02-14 17:40 | 2018-02-13 | N-A | N/A | STRS OHIO | 10% owner | Other | BUY | $15.00 | 133,333 | $2,000,000 | 734,779 | +22.2% |
| 2018-02-14 19:00 | 2018-02-12 | ASPS | ALTISOURCE PORTFOLIO SOLUTIONS S.A. | Deer Park Road Management Company, LP | 10% owner | Services-Miscellaneous Business Services | BUY | $24.24 | 400,000 | $9,694,000 | 2,843,768 | +16.4% |
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.