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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017-11-09 00:35 | 2017-11-07 | SCHW | SCHWAB CHARLES CORP | Bettinger Walter W | Director, Officer - President and CEO | Security Brokers, Dealers & Flotation Companies | BUY | $27.21 | 72,510 | $1,973,178 | 72,510 | +100.0% |
| 2017-11-09 00:45 | 2017-11-06 | AAT | American Assets Trust, Inc. | RADY ERNEST S | Director, Officer, 10% owner - Chairman, CEO & President | Real Estate Investment Trusts | BUY | $38.84 | 85,155 | $3,307,548 | 1,202,840 | +7.6% |
| 2017-11-08 16:24 | 2017-11-07 | TPX | SOMNIGROUP INTERNATIONAL INC. | THOMPSON SCOTT L | Director, Officer - CEO & PRESIDENT | Household Furniture | BUY | $51.19 | 19,565 | $1,001,532 | 245,019 | +8.7% |
| 2017-11-08 23:01 | 2017-11-06 | AXDX | N/A | SCHULER JACK W | Director, 10% owner | Other | BUY | $18.51 | 340,964 | $6,311,278 | 1,293,642 | +35.8% |
| 2017-11-09 00:46 | 2017-11-06 | S | N/A | SOFTBANK GROUP CORP | 10% owner | Other | BUY | $5.92 | 6,484,367 | $38,387,453 | 3,316,877,016 | +0.2% |
| 2017-11-08 00:06 | 2017-11-06 | SPRO | Spero Therapeutics, Inc. | Goyal Vikas | Director | Pharmaceutical Preparations | BUY | $14.00 | 428,571 | $5,999,994 | 1,854,006 | +30.1% |
| 2017-11-08 03:45 | 2017-11-07 | FEIM | FREQUENCY ELECTRONICS INC | Edenbrook Capital, LLC | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $9.00 | 157,400 | $1,416,600 | 1,247,805 | +14.4% |
| 2017-11-08 00:05 | 2017-11-06 | SPRO | Spero Therapeutics, Inc. | Breum Casper | Director | Pharmaceutical Preparations | BUY | $14.00 | 214,285 | $2,999,990 | 1,091,774 | +24.4% |
| 2017-11-07 20:44 | 2017-11-03 | RDUS | N/A | BIOTECH GROWTH N V | 10% owner | Other | BUY | $29.15 | 50,000 | $1,457,575 | 5,648,799 | +0.9% |
| 2017-11-07 23:55 | 2017-11-06 | CAKE | CHEESECAKE FACTORY INC | SIMON HERBERT | Director | Retail-Eating Places | BUY | $43.50 | 25,000 | $1,087,468 | 195,000 | +14.7% |
| 2017-11-08 03:42 | 2017-11-06 | SPRO | Spero Therapeutics, Inc. | GLAXOSMITHKLINE PLC | 10% owner | Pharmaceutical Preparations | BUY | $14.00 | 428,571 | $5,999,994 | 1,854,006 | +30.1% |
| 2017-11-07 22:58 | 2017-11-06 | NLY | ANNALY CAPITAL MANAGEMENT INC | KEYES KEVIN | Director, Officer - CEO & President | Real Estate Investment Trusts | BUY | $11.12 | 300,000 | $3,335,250 | 984,778 | +43.8% |
| 2017-11-08 00:08 | 2017-11-06 | SPRO | Spero Therapeutics, Inc. | FORMELA JEAN FRANCOIS | Director | Pharmaceutical Preparations | BUY | $14.00 | 428,571 | $5,999,994 | 2,408,128 | +21.6% |
| 2017-11-07 02:46 | 2017-11-06 | ALNA | N/A | FHM VI, L.L.C. | 10% owner | Other | BUY | $14.00 | 500,000 | $7,000,000 | 3,330,373 | +17.7% |
| 2017-11-07 03:41 | 2017-11-06 | VRSK | Verisk Analytics, Inc. | Stephenson Scott G | Director, Officer - CEO and President | Services-Computer Processing & Data Preparation | BUY | $91.16 | 22,200 | $2,023,752 | 577,441 | +4.0% |
| 2017-11-07 03:06 | 2017-11-06 | ALNA | N/A | Topper James N | Director, 10% owner | Other | BUY | $14.00 | 500,000 | $7,000,000 | 3,330,373 | +17.7% |
| 2017-11-07 03:04 | 2017-11-06 | ALNA | N/A | TEPPER ROBERT I | Director, 10% owner | Other | BUY | $14.00 | 215,000 | $3,010,000 | 2,790,964 | +8.3% |
| 2017-11-07 02:00 | 2017-11-06 | REV | N/A | PERELMAN RONALD O | Director, 10% owner | Other | BUY | $22.43 | 47,355 | $1,062,059 | 44,573,187 | +0.1% |
| 2017-11-07 00:00 | 2017-11-06 | ALNA | N/A | Third Rock Ventures II, L.P. | 10% owner | Other | BUY | $14.00 | 215,000 | $3,010,000 | 2,790,964 | +8.3% |
| 2017-11-07 01:47 | 2017-11-03 | DISCA | Warner Bros. Discovery, Inc. | WARGO J DAVID | Director | Cable & Other Pay Television Services | BUY | $15.76 | 100,000 | $1,575,600 | 167,591 | +147.9% |
| 2017-11-03 16:42 | 2017-10-27 | TRC | TEJON RANCH CO | TISCH DANIEL R | Director, 10% owner | Real Estate | BUY | $18.00 | 1,096,169 | $19,731,042 | 3,672,659 | +42.5% |
| 2017-11-02 21:59 | 2017-10-31 | OHI | OMEGA HEALTHCARE INVESTORS INC | KORMAN BERNARD J | Director | Real Estate Investment Trusts | BUY | $28.24 | 100,000 | $2,823,890 | 903,895 | +12.4% |
| 2017-11-02 22:50 | 2017-10-18 | RMPL | RiverNorth Capital & Income Fund, Inc. | Galley Patrick W. | Director, Officer - President | Other | BUY | $25.00 | 60,000 | $1,500,000 | 60,000 | +100.0% |
| 2017-11-03 01:13 | 2017-11-01 | PIH | FG Nexus Inc. | Fundamental Global Investors, LLC | Director, 10% owner | Finance Services | BUY | $7.85 | 475,428 | $3,732,110 | 195,387 | +100.0% |
| 2017-11-03 02:36 | 2017-10-31 | LE | LANDS' END, INC. | LAMPERT EDWARD S | 10% owner | Retail-Family Clothing Stores | BUY | $10.89 | 294,917 | $3,211,764 | 15,771,237 | +1.9% |
| 2017-11-02 23:18 | 2017-10-31 | TDF | TEMPLETON DRAGON FUND INC | CITY OF LONDON INVESTMENT GROUP PLC | 10% owner | Other | BUY | $21.45 | 98,233 | $2,106,813 | 3,901,453 | +2.6% |
| 2017-11-01 23:11 | 2017-10-30 | VBIV | N/A | Opko Health, Inc. | 10% owner | Other | BUY | $3.05 | 655,738 | $2,000,001 | 6,678,752 | +10.9% |
| 2017-11-01 22:45 | 2017-11-01 | FCRIX | N/A | Forman Michael C. | Director, Officer, 10% owner - President & CEO | Other | BUY | $12.50 | 792,000 | $9,900,000 | 792,000 | +100.0% |
| 2017-11-01 03:05 | 2017-10-30 | VBIV | N/A | CHAWLA SAM | Director | Other | BUY | $3.05 | 3,100,000 | $9,455,000 | 9,345,725 | +49.6% |
| 2017-10-31 18:42 | 2017-10-27 | ASPS | ALTISOURCE PORTFOLIO SOLUTIONS S.A. | Deer Park Road Management Company, LP | 10% owner | Services-Miscellaneous Business Services | BUY | $24.58 | 40,741 | $1,001,605 | 2,045,757 | +2.0% |
| 2017-11-01 03:43 | 2017-10-23 | ARI | Apollo Commercial Real Estate Finance Inc. | Qatar Investment Authority | 10% owner | Real Estate Investment Trusts | BUY | $18.44 | 1,670,000 | $30,794,800 | 10,493,529 | +18.9% |
| 2017-11-01 01:45 | 2017-10-27 | IMDZ | N/A | GUTHART LEO | 10% owner | Other | BUY | $4.10 | 2,439,000 | $9,999,900 | 5,647,239 | +76.0% |
| 2017-10-31 21:34 | 2017-10-27 | ALG | Allegiant Travel Company | REDMOND JOHN | Director, Officer - President | Air Transportation, Scheduled | BUY | $138.28 | 11,000 | $1,521,081 | 92,574 | +13.5% |
| 2017-10-31 23:30 | 2017-10-30 | CHTR | CHARTER COMMUNICATIONS, INC. /MO/ | Winfrey Christopher L | Officer - Chief Financial Officer | Cable & Other Pay Television Services | BUY | $323.61 | 3,100 | $1,003,191 | 49,916 | +6.6% |
| 2017-10-31 23:17 | 2017-10-27 | CHN | N/A | CITY OF LONDON INVESTMENT GROUP PLC | 10% owner | Other | BUY | $20.96 | 49,706 | $1,041,778 | 2,217,078 | +2.3% |
| 2017-10-30 14:19 | 2017-10-26 | WBA | N/A | Lederer John Anthony | Director | Other | BUY | $67.00 | 20,000 | $1,340,000 | 50,000 | +66.7% |
| 2017-10-30 23:56 | 2017-10-26 | TRN | TRINITY INDUSTRIES INC | ValueAct Holdings, L.P. | 10% owner | Railroad Equipment | BUY | $31.68 | 832,600 | $26,373,021 | 18,087,715 | +4.8% |
| 2017-10-31 00:53 | 2017-10-26 | MRIN | N/A | ESW Capital, LLC | 10% owner | Other | BUY | $12.50 | 361,172 | $4,514,650 | 1,204,128 | +42.8% |
| 2017-10-31 00:03 | 2017-10-27 | IMDZ | N/A | COLUMN GROUP L P | 10% owner | Other | BUY | $4.10 | 2,681,000 | $10,992,100 | 6,642,942 | +67.7% |
| 2017-10-30 23:11 | 2017-10-26 | VBIV | N/A | PERCEPTIVE ADVISORS LLC | 10% owner | Other | BUY | $3.05 | 3,100,000 | $9,455,000 | 9,345,725 | +49.6% |
| 2017-10-31 00:12 | 2017-10-26 | IDRA | N/A | BAKER BROS. ADVISORS LP | Director | Other | BUY | $1.50 | 8,000,000 | $12,000,000 | 16,557,473 | +93.5% |
| 2017-10-31 00:21 | 2017-10-12 | MNI | N/A | Chatham Asset Management, LLC | 10% owner | Other | BUY | $7.88 | 264,845 | $2,086,687 | 805,376 | +49.0% |
| 2017-10-28 02:40 | 2017-10-27 | IMDZ | N/A | Svennilson Peter | Director, 10% owner | Other | BUY | $4.10 | 2,681,000 | $10,992,100 | 2,681,000 | +100.0% |
| 2017-10-27 22:39 | 2017-10-26 | RDUS | N/A | BIOTECH GROWTH N V | 10% owner | Other | BUY | $30.95 | 50,000 | $1,547,550 | 5,598,799 | +0.9% |
| 2017-10-28 00:30 | 2017-10-25 | XNCR | Xencor Inc | STAFFORD JOHN S III | 10% owner | Pharmaceutical Preparations | BUY | $19.81 | 150,000 | $2,970,885 | 5,365,551 | +2.9% |
| 2017-10-27 01:30 | 2017-10-25 | RDUS | N/A | BIOTECH GROWTH N V | 10% owner | Other | BUY | $32.85 | 50,000 | $1,642,415 | 5,548,799 | +0.9% |
| 2017-10-26 01:29 | 2017-10-23 | APPN | Appian Corporation | Abdiel Capital Management, LLC | 10% owner | Services-Prepackaged Software | BUY | $22.23 | 65,533 | $1,456,609 | 3,843,770 | +1.7% |
| 2017-10-25 04:55 | 2017-10-23 | TACO | N/A | Levy Ari B. | Director | Other | BUY | $12.55 | 100,000 | $1,254,680 | 2,594,429 | +4.0% |
| 2017-10-25 04:57 | 2017-10-23 | TACO | N/A | LEVY LAWRENCE F | Director | Other | BUY | $12.54 | 200,000 | $2,508,060 | 100,000 | +100.0% |
| 2017-10-23 23:19 | 2017-10-19 | OCSL | Oaktree Specialty Lending Corp | TANNENBAUM LEONARD M | 10% owner | Other | BUY | $5.56 | 1,409,606 | $7,837,409 | 7,961,721 | +21.5% |
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.