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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017-12-29 02:14 | 2017-12-26 | CQP | Cheniere Energy Partners, L.P. | Blackstone CQP Common Holdco L.P. | 10% owner | Natural Gas Distribution | BUY | $29.06 | 334,232 | $9,711,579 | 1,551,624 | +27.5% |
| 2017-12-28 21:46 | 2017-12-27 | REED | REED'S, INC. | Raptor/Harbor Reeds SPV LLC | 10% owner | Bottled & Canned Soft Drinks & Carbonated Waters | BUY | $1.50 | 2,666,667 | $4,000,001 | 3,433,334 | +347.8% |
| 2017-12-29 02:15 | 2017-12-26 | CQP | Cheniere Energy Partners, L.P. | Blackstone Group L.P. | 10% owner | Natural Gas Distribution | BUY | $29.06 | 334,232 | $9,711,579 | 1,551,624 | +27.5% |
| 2017-12-29 00:31 | 2017-12-26 | S | N/A | SOFTBANK GROUP CORP | 10% owner | Other | BUY | $5.85 | 4,282,600 | $25,031,797 | 3,358,339,744 | +0.1% |
| 2017-12-28 01:08 | 2017-12-27 | AIRT | Air T, Inc. | Swenson Nicholas John | Director, Officer, 10% owner - CEO | Air Courier Services | BUY | $24.74 | 52,742 | $1,304,879 | 157,542 | +50.3% |
| 2017-12-28 00:05 | 2017-09-23 | CALI | N/A | Bright Praise Enterprises LTD | 10% owner | Other | BUY | $2.11 | 1,612,000 | $3,401,320 | 2,454,140 | +191.4% |
| 2017-12-28 02:57 | 2017-12-22 | BH | N/A | BIGLARI, SARDAR | Director, 10% owner | Other | BUY | $419.09 | 3,493 | $1,463,874 | 679,583 | +0.5% |
| 2017-12-28 00:24 | 2017-12-22 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $7.21 | 993,900 | $7,167,510 | 32,678,164 | +3.1% |
| 2017-12-28 00:17 | 2017-12-22 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $67.91 | 21,829 | $1,482,416 | 5,176,534 | +0.4% |
| 2017-12-26 19:06 | 2017-12-22 | OHI | OMEGA HEALTHCARE INVESTORS INC | KORMAN BERNARD J | Director | Real Estate Investment Trusts | BUY | $26.89 | 100,000 | $2,689,000 | 996,895 | +11.1% |
| 2017-12-27 02:41 | 2017-12-21 | CQP | Cheniere Energy Partners, L.P. | Blackstone CQP Common Holdco L.P. | 10% owner | Natural Gas Distribution | BUY | $27.97 | 116,223 | $3,251,118 | 1,217,392 | +10.6% |
| 2017-12-27 02:33 | 2017-12-21 | CQP | Cheniere Energy Partners, L.P. | GSO Holdings I LLC | 10% owner | Natural Gas Distribution | BUY | $27.97 | 116,223 | $3,251,118 | 1,217,392 | +10.6% |
| 2017-12-27 00:01 | 2017-12-21 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $7.08 | 678,432 | $4,803,706 | 31,281,548 | +2.2% |
| 2017-12-27 00:18 | 2017-12-21 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $17.81 | 63,545 | $1,131,883 | 6,757,310 | +0.9% |
| 2017-12-27 02:32 | 2017-12-21 | CQP | Cheniere Energy Partners, L.P. | Blackstone Group L.P. | 10% owner | Natural Gas Distribution | BUY | $27.97 | 116,223 | $3,251,118 | 1,217,392 | +10.6% |
| 2017-12-26 17:23 | 2017-12-22 | UBP | N/A | Biddle Catherine U | Director, 10% owner | Other | BUY | $16.00 | 109,542 | $1,752,672 | 346,371 | +46.3% |
| 2017-12-26 17:20 | 2017-12-22 | UBP | N/A | BIDDLE WILLING L | Director, Officer, 10% owner - President and CEO | Other | BUY | $16.00 | 109,542 | $1,752,672 | 346,371 | +46.3% |
| 2017-12-27 01:05 | 2017-12-21 | S | N/A | SOFTBANK GROUP CORP | 10% owner | Other | BUY | $5.68 | 5,127,559 | $29,098,897 | 3,354,057,144 | +0.2% |
| 2017-12-22 14:05 | 2017-12-19 | AREX | N/A | Wilks Brothers, LLC | 10% owner, Other | Other | BUY | $2.81 | 600,000 | $1,687,680 | 6,940,300 | +9.5% |
| 2017-12-23 00:02 | 2017-12-20 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $6.96 | 180,062 | $1,252,817 | 30,603,116 | +0.6% |
| 2017-12-23 00:13 | 2017-12-20 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $69.44 | 38,925 | $2,703,038 | 5,154,705 | +0.8% |
| 2017-12-23 00:25 | 2017-12-20 | CYH | COMMUNITY HEALTH SYSTEMS INC | Chen Tian Qiao | 10% owner | Services-General Medical & Surgical Hospitals, NEC | BUY | $4.00 | 406,069 | $1,623,586 | 25,913,915 | +1.6% |
| 2017-12-22 00:46 | 2017-12-19 | NANX | SOLESENCE, INC. | WHITMORE BRADFORD T | 10% owner | Perfumes, Cosmetics & Other Toilet Preparations | BUY | $0.40 | 2,500,000 | $1,000,000 | 12,907,435 | +24.0% |
| 2017-12-21 16:00 | 2017-12-19 | PGLC | N/A | Honig Barry C | Director, 10% owner | Other | BUY | $3.03 | 990,099 | $3,000,000 | 3,853,034 | +34.6% |
| 2017-12-22 00:02 | 2017-12-19 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $6.92 | 450,000 | $3,116,115 | 30,423,054 | +1.5% |
| 2017-12-22 00:13 | 2017-12-19 | S | N/A | SOFTBANK GROUP CORP | 10% owner | Other | BUY | $5.65 | 5,095,549 | $28,764,374 | 3,348,592,689 | +0.2% |
| 2017-12-20 16:56 | 2017-12-19 | N-A | N/A | STRS OHIO | 10% owner | Other | BUY | $15.00 | 66,667 | $1,000,000 | 533,333 | +14.3% |
| 2017-12-21 01:01 | 2017-12-18 | NCMI | National CineMedia, Inc. | Standard General L.P. | 10% owner | Services-Advertising | BUY | $6.97 | 210,320 | $1,465,489 | 13,234,200 | +1.6% |
| 2017-12-21 00:01 | 2017-12-18 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $6.87 | 408,207 | $2,805,362 | 29,973,054 | +1.4% |
| 2017-12-21 04:00 | 2017-12-19 | BWLD | N/A | MARCATO CAPITAL MANAGEMENT LP | Director | Other | BUY | $156.60 | 950,000 | $148,770,000 | 992,399 | +2,240.6% |
| 2017-12-21 02:07 | 2017-12-18 | AKAO | N/A | DUGGAN ROBERT W | 10% owner | Other | BUY | $11.13 | 95,012 | $1,057,493 | 5,602,752 | +1.7% |
| 2017-12-21 01:47 | 2017-12-18 | GWRS | Global Water Resources, Inc. | LEVINE WILLIAM S | Director, 10% owner | Water Supply | BUY | $9.29 | 2,826,615 | $26,245,120 | 9,677,920 | +41.3% |
| 2017-12-20 02:06 | 2017-12-14 | AREX | N/A | Wilks Brothers, LLC | 10% owner, Other | Other | BUY | $2.59 | 550,000 | $1,426,205 | 6,490,300 | +9.3% |
| 2017-12-20 00:52 | 2017-12-18 | DRNA | N/A | Bain Capital Life Sciences Investors, LLC | Director, 10% owner | Other | BUY | $7.00 | 285,000 | $1,995,000 | 285,000 | +100.0% |
| 2017-12-20 04:44 | 2017-12-15 | SLNO | SOLENO THERAPEUTICS INC | Vivo Ventures V, LLC | 10% owner | Pharmaceutical Preparations | BUY | $1.84 | 1,085,480 | $1,999,997 | 45,667 | +100.0% |
| 2017-12-20 02:05 | 2017-12-19 | CASA | N/A | Guo Jerry | Director, Officer, 10% owner - President & CEO | Other | BUY | $13.00 | 100,000 | $1,300,000 | 11,706,860 | +0.9% |
| 2017-12-20 00:02 | 2017-12-19 | CASA | N/A | SUMMIT PARTNERS L P | 10% owner, Other | Other | BUY | $13.00 | 250,000 | $3,250,000 | 38,842,000 | +0.6% |
| 2017-12-20 00:19 | 2017-12-15 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $6.87 | 247,793 | $1,702,858 | 29,564,747 | +0.8% |
| 2017-12-20 05:55 | 2017-12-15 | SLNO | SOLENO THERAPEUTICS INC | ENGLEMAN EDGAR | Director, 10% owner | Pharmaceutical Preparations | BUY | $1.84 | 1,085,480 | $1,999,997 | 4,033,540 | +36.8% |
| 2017-12-19 16:56 | 2017-12-18 | PTI | N/A | BARRETT M JAMES | Director, 10% owner | Other | BUY | $5.00 | 2,000,000 | $10,000,000 | 5,554,610 | +56.3% |
| 2017-12-20 04:22 | 2017-12-19 | GBT | N/A | PERCEPTIVE ADVISORS LLC | 10% owner | Other | BUY | $38.00 | 175,000 | $6,650,000 | 4,889,066 | +3.7% |
| 2017-12-20 00:10 | 2017-12-15 | S | N/A | SOFTBANK GROUP CORP | 10% owner | Other | BUY | $5.60 | 5,039,477 | $28,225,607 | 3,343,497,140 | +0.2% |
| 2017-12-20 00:03 | 2017-12-19 | CASA | N/A | CHUNG PETER Y | 10% owner | Other | BUY | $13.00 | 250,000 | $3,250,000 | 38,842,000 | +0.6% |
| 2017-12-20 00:05 | 2017-12-19 | CASA | N/A | EVANS BRUCE R | Director | Other | BUY | $13.00 | 250,000 | $3,250,000 | 38,842,000 | +0.6% |
| 2017-12-20 03:47 | 2017-12-15 | AVDL | AVADEL PHARMACEUTICALS PLC | STAPLETON CRAIG R | Director | Pharmaceutical Preparations | BUY | $8.67 | 140,000 | $1,213,940 | 180,000 | +350.0% |
| 2017-12-19 16:55 | 2017-12-18 | PTI | N/A | New Enterprise Associates 12, Limited Partnership | 10% owner | Other | BUY | $5.00 | 2,000,000 | $10,000,000 | 5,554,610 | +56.3% |
| 2017-12-19 03:21 | 2017-12-14 | PAH | Element Solutions Inc | FRANKLIN MARTIN E | Director | Miscellaneous Chemical Products | BUY | $9.66 | 500,000 | $4,827,600 | 500,000 | +100.0% |
| 2017-12-19 00:22 | 2017-12-15 | STKL | SunOpta Inc. | Oaktree Huntington Investment Fund II, L.P. | 10% owner | Beverages | BUY | $7.50 | 644,540 | $4,834,050 | 1,358,565 | +90.3% |
| 2017-12-19 00:29 | 2017-12-15 | STKL | SunOpta Inc. | Oaktree Organics, L.P. | 10% owner | Beverages | BUY | $7.50 | 3,055,460 | $22,915,950 | 6,734,134 | +83.1% |
| 2017-12-19 00:21 | 2017-05-12 | STKL | SunOpta Inc. | Oaktree Huntington Investment Fund II, L.P. | 10% owner | Beverages | BUY | $7.50 | 644,540 | $4,834,050 | 1,358,565 | +90.3% |
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.