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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2017-09-15 20:30 | 2017-09-13 | KMPH | ZEVRA THERAPEUTICS, INC. | Delaware Street Capital Master Fund, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $3.27 | 325,888 | $1,066,827 | 1,791,631 | +22.2% |
| 2017-09-14 16:28 | 2017-09-13 | INOV | N/A | Dunleavy Keith R | Director, Officer, 10% owner - CEO and Chairman of the Board | Other | BUY | $16.38 | 62,000 | $1,015,678 | 282,000 | +28.2% |
| 2017-09-15 03:10 | 2017-09-13 | AMH | American Homes 4 Rent | HUGHES B WAYNE ET AL | Director | Real Estate Investment Trusts | BUY | $21.84 | 1,372,200 | $29,971,867 | 11,784,435 | +13.2% |
| 2017-09-14 22:19 | 2017-09-12 | TDNT | N/A | Fengate Trident LP | 10% owner | Other | BUY | $605,667.28 | 811,886 | $491,733,051,784 | 2,811,886 | +40.6% |
| 2017-09-15 01:20 | 2017-09-12 | AYX | N/A | Abdiel Capital Management, LLC | 10% owner | Other | BUY | $21.21 | 2,000,000 | $42,412,400 | 3,866,344 | +107.2% |
| 2017-09-15 00:42 | 2017-09-13 | WTI | W&T OFFSHORE INC | KROHN TRACY W | Director, Officer, 10% owner - Chairman & CEO | Crude Petroleum & Natural Gas | BUY | $2.08 | 918,763 | $1,909,373 | 44,951,243 | +2.1% |
| 2017-09-15 02:05 | 2017-09-08 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $19.54 | 115,561 | $2,258,524 | 6,097,093 | +1.9% |
| 2017-09-13 22:49 | 2017-09-12 | RDUS | N/A | BIOTECH GROWTH N V | 10% owner | Other | BUY | $35.42 | 50,000 | $1,770,820 | 5,348,799 | +0.9% |
| 2017-09-14 03:26 | 2017-09-11 | EXA | N/A | SOROS FUND MANAGEMENT LLC | 10% owner | Other | BUY | $14.46 | 159,500 | $2,307,088 | 1,661,666 | +10.6% |
| 2017-09-12 15:51 | 2017-09-11 | LNG | Cheniere Energy, Inc. | Fusco Jack A | Director, Officer - President and CEO | Natural Gas Distribution | BUY | $42.32 | 23,750 | $1,005,041 | 154,378 | +18.2% |
| 2017-09-13 03:30 | 2017-09-08 | VNCE | VINCE HOLDING CORP. | Sun Cardinal, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $0.45 | 13,373,435 | $6,018,046 | 62,502,795 | +27.2% |
| 2017-09-13 03:30 | 2017-09-08 | VNCE | VINCE HOLDING CORP. | SUN CAPITAL PARTNERS V LP | 10% owner | Retail-Apparel & Accessory Stores | BUY | $0.45 | 13,373,435 | $6,018,046 | 63,978,869 | +26.4% |
| 2017-09-13 01:06 | 2017-09-08 | AYX | N/A | Abdiel Capital Management, LLC | 10% owner | Other | BUY | $19.96 | 172,500 | $3,443,324 | 1,866,344 | +10.2% |
| 2017-09-13 03:32 | 2017-09-08 | VNCE | VINCE HOLDING CORP. | SCSF Cardinal, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $0.45 | 4,457,812 | $2,006,015 | 20,834,324 | +27.2% |
| 2017-09-13 03:31 | 2017-09-08 | VNCE | VINCE HOLDING CORP. | Sun Capital Securities Offshore Fund, Ltd. | 10% owner | Retail-Apparel & Accessory Stores | BUY | $0.45 | 4,457,812 | $2,006,015 | 22,310,398 | +25.0% |
| 2017-09-13 03:30 | 2017-09-08 | VNCE | VINCE HOLDING CORP. | KROUSE RODGER R | 10% owner | Retail-Apparel & Accessory Stores | BUY | $0.45 | 17,831,247 | $8,024,061 | 84,813,193 | +26.6% |
| 2017-09-13 03:32 | 2017-09-08 | VNCE | VINCE HOLDING CORP. | LEDER MARC J | Director, 10% owner | Retail-Apparel & Accessory Stores | BUY | $0.45 | 17,831,247 | $8,024,061 | 84,813,193 | +26.6% |
| 2017-09-12 00:39 | 2017-09-07 | TRN | TRINITY INDUSTRIES INC | ValueAct Holdings, L.P. | 10% owner | Railroad Equipment | BUY | $28.46 | 54,055 | $1,538,459 | 17,255,115 | +0.3% |
| 2017-09-12 02:00 | 2017-09-07 | FRGI | N/A | FRIEDMAN BRIAN P | Director | Other | BUY | $16.06 | 290,000 | $4,657,516 | 2,406,295 | +13.7% |
| 2017-09-12 01:37 | 2017-09-07 | BANC | BANC OF CALIFORNIA, INC. | Bowers Douglas H | Officer - CEO AND PRESIDENT | National Commercial Banks | BUY | $17.56 | 57,000 | $1,000,920 | 92,000 | +162.9% |
| 2017-09-11 23:41 | 2017-09-07 | APO | Apollo Global Management Inc. | TIGER GLOBAL MANAGEMENT LLC | 10% owner | Investment Advice | BUY | $28.48 | 253,672 | $7,225,010 | 34,049,807 | +0.8% |
| 2017-09-08 23:47 | 2017-09-07 | AAT | American Assets Trust, Inc. | RADY ERNEST S | Director, Officer, 10% owner - Chairman, CEO & President | Real Estate Investment Trusts | BUY | $40.79 | 46,834 | $1,910,209 | 1,116,675 | +4.4% |
| 2017-09-09 00:35 | 2017-09-06 | X | N/A | Bradley Kevin | Officer - EVP & Chief Financial Officer | Other | BUY | $27.23 | 36,762 | $1,001,070 | 44,342 | +485.0% |
| 2017-09-09 00:33 | 2017-09-06 | BLDR | Builders FirstSource, Inc. | LEVY PAUL S | Director | Retail-Lumber & Other Building Materials Dealers | BUY | $16.17 | 800,000 | $12,936,000 | 994,533 | +411.2% |
| 2017-09-09 00:06 | 2017-09-08 | INCY | INCYTE CORP | BAKER BROS. ADVISORS LP | Director, 10% owner | Services-Commercial Physical & Biological Research | BUY | $132.00 | 100,000 | $13,200,000 | 789,416 | +14.5% |
| 2017-09-08 23:57 | 2017-09-06 | COTY | COTY INC. | McMullen Greerson Greene | Officer - Chief Legal Officer | Perfumes, Cosmetics & Other Toilet Preparations | BUY | $16.50 | 62,218 | $1,026,585 | 161,725 | +62.5% |
| 2017-09-07 22:10 | 2015-03-17 | ZAIS | N/A | Zugel Christian | Director, Officer - Chief Investmt Officer & Chmn | Other | BUY | $3.90 | 6,662,498 | $26,001,065 | 74,999 | +100.0% |
| 2017-09-07 23:09 | 2017-09-01 | N/A | N/A | Nicolosi Sean | Officer - COO of the Issuer | Other | BUY | $1,040,399.00 | 29 | $30,000,009 | 29 | +100.0% |
| 2017-09-08 00:19 | 2017-08-28 | N/A | Runway Growth Finance Corp. | OCM Growth Holdings LLC | Director, 10% owner | Other | BUY | $15.00 | 1,294,014 | $19,410,208 | 2,956,237 | +77.8% |
| 2017-09-07 22:20 | 2017-09-07 | N/A | N/A | Dawson John Earl | Director | Other | BUY | $50,000.00 | 54 | $2,700,000 | 54 | +100.0% |
| 2017-09-07 20:58 | 2017-09-05 | RDUS | N/A | BIOTECH GROWTH N V | 10% owner | Other | BUY | $36.75 | 50,000 | $1,837,625 | 5,298,799 | +1.0% |
| 2017-09-08 00:07 | 2017-09-05 | SAFE | N/A | ISTAR INC. | 10% owner | Other | BUY | $19.59 | 72,960 | $1,429,498 | 5,981,532 | +1.2% |
| 2017-09-06 13:27 | 2017-09-05 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Winder Investment Pte Ltd | 10% owner | Industrial Organic Chemicals | BUY | $139.00 | 27,700 | $3,850,430 | 10,415,821 | +0.3% |
| 2017-09-07 02:00 | 2017-09-01 | FRGI | N/A | FRIEDMAN BRIAN P | Director | Other | BUY | $17.46 | 85,000 | $1,483,760 | 2,116,295 | +4.2% |
| 2017-09-06 23:10 | 2017-09-01 | COTY | COTY INC. | Kleitman Laurent | Officer - President, Consumer Beauty | Perfumes, Cosmetics & Other Toilet Preparations | BUY | $16.50 | 120,000 | $1,979,988 | 182,000 | +193.5% |
| 2017-09-05 23:16 | 2017-09-01 | TIF | N/A | Trapani Francesco | Director | Other | BUY | $91.84 | 25,000 | $2,296,063 | 350,000 | +7.7% |
| 2017-09-05 23:39 | 2017-08-28 | N/A | Runway Growth Finance Corp. | Retirement Plan of Carilion Clinic | 10% owner | Other | BUY | $15.00 | 258,803 | $3,882,039 | 591,247 | +77.8% |
| 2017-09-05 23:37 | 2017-08-28 | N/A | Runway Growth Finance Corp. | Carilion Clinic | 10% owner | Other | BUY | $15.00 | 258,803 | $3,882,039 | 591,247 | +77.8% |
| 2017-09-06 01:09 | 2017-08-31 | NXEO | N/A | First Pacific Advisors, LLC | 10% owner | Other | BUY | $7.00 | 251,310 | $1,759,170 | 190,779 | +100.0% |
| 2017-09-06 02:00 | 2017-08-31 | LE | LANDS' END, INC. | LAMPERT EDWARD S | 10% owner | Retail-Family Clothing Stores | BUY | $12.54 | 752,349 | $9,436,488 | 6,268,035 | +13.6% |
| 2017-09-01 23:13 | 2017-08-30 | TIF | N/A | Trapani Francesco | Director | Other | BUY | $88.69 | 76,064 | $6,746,276 | 325,000 | +30.6% |
| 2017-09-01 18:19 | 2017-09-01 | AB | AllianceBernstein Holding L.P. | AXA AMERICA HOLDINGS, INC. | Other | Investment Advice | BUY | $22.90 | 1,071,180 | $24,530,022 | 1,071,180 | +100.0% |
| 2017-09-01 19:08 | 2017-08-31 | TREE | LendingTree, Inc. | THOMPSON G KENNEDY | Director | Loan Brokers | BUY | $230.91 | 5,000 | $1,154,550 | 5,000 | +100.0% |
| 2017-09-02 00:36 | 2017-09-01 | NLY | ANNALY CAPITAL MANAGEMENT INC | Finkelstein David L | Officer - Chief Investment Officer | Real Estate Investment Trusts | BUY | $12.49 | 100,000 | $1,248,650 | 300,000 | +50.0% |
| 2017-08-31 23:09 | 2017-08-29 | FDC | N/A | Shanahan Jeff | Officer - Executive Vice President | Other | BUY | $18.21 | 72,466 | $1,319,729 | 1,309,836 | +5.9% |
| 2017-08-31 23:56 | 2017-08-31 | N-A | Crescent Capital BDC, Inc. | Texas County & District Retirement System | 10% owner | Other | BUY | $20.49 | 224,904 | $4,607,387 | 1,168,999 | +23.8% |
| 2017-09-01 01:40 | 2017-08-29 | TRN | TRINITY INDUSTRIES INC | ValueAct Holdings, L.P. | 10% owner | Railroad Equipment | BUY | $28.65 | 248,941 | $7,133,180 | 17,201,060 | +1.5% |
| 2017-09-01 02:59 | 2017-08-29 | UPL | N/A | FIR TREE INC. | 10% owner | Other | BUY | $7.81 | 1,323,900 | $10,342,439 | 36,279,550 | +3.8% |
| 2017-08-31 23:50 | 2017-08-29 | ACOR | N/A | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Other | BUY | $19.23 | 766,201 | $14,730,444 | 8,474,728 | +9.9% |
| 2017-08-30 23:22 | 2017-08-28 | TIF | N/A | Trapani Francesco | Director | Other | BUY | $89.16 | 48,936 | $4,363,129 | 248,936 | +24.5% |
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.