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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016-10-14 00:38 | 2016-10-12 | COUP | N/A | Battery Ventures VIII lp | 10% owner | Other | BUY | $18.00 | 275,000 | $4,950,000 | 6,869,220 | +4.2% |
| 2016-10-13 03:10 | 2016-10-07 | LE | LANDS' END, INC. | LAMPERT EDWARD S | 10% owner | Retail-Family Clothing Stores | BUY | $14.94 | 255,436 | $3,816,699 | 12,437,882 | +2.1% |
| 2016-10-11 18:54 | 2016-09-30 | GRNE | N/A | SACK LUNCH PRODUCTIONS INC. | 10% owner | Other | BUY | $1,095,450.19 | 4,074,307 | $4,463,200,371,972 | 521,768 | +100.0% |
| 2016-10-12 02:05 | 2016-10-06 | LE | LANDS' END, INC. | LAMPERT EDWARD S | 10% owner | Retail-Family Clothing Stores | BUY | $14.98 | 76,001 | $1,138,183 | 12,182,446 | +0.6% |
| 2016-10-12 00:45 | 2016-10-07 | IDRA | N/A | BAKER JULIAN | Director | Other | BUY | $2.00 | 3,250,000 | $6,500,000 | 9,309,333 | +53.6% |
| 2016-10-07 21:43 | 2016-09-30 | TNLX | Trans-Lux Corporation | ELSER MARCO M | Director, 10% owner | Miscellaneous Manufacturing Industries | BUY | $13,500.00 | 5,000 | $67,500,000 | 211,189 | +2.4% |
| 2016-10-07 23:39 | 2016-09-29 | N-A | Crescent Capital BDC, Inc. | Allied World Assurance Co Holdings, AG | 10% owner | Other | BUY | $19.57 | 217,831 | $4,263,382 | 2,139,514 | +11.3% |
| 2016-10-07 22:01 | 2016-09-30 | TNLX | Trans-Lux Corporation | SCHIELE GEORGE W | Director | Miscellaneous Manufacturing Industries | BUY | $13,500.00 | 5,000 | $67,500,000 | 45,453 | +12.4% |
| 2016-10-07 00:10 | 2014-01-01 | SNPY | Value Exchange International, Inc. | TSANG PO YEE BELLA | Director | Services-Miscellaneous Business Services | BUY | $0.19 | 13,291,654 | $2,514,781 | 7,298,556 | +100.0% |
| 2016-10-06 02:29 | 2016-10-03 | HOFD | N/A | LEUCADIA NATIONAL CORP | 10% owner | Other | BUY | $37.00 | 80,000 | $2,960,000 | 10,054,226 | +0.8% |
| 2016-10-05 23:51 | 2016-10-03 | CASI | N/A | He Wei-Wu | Director | Other | BUY | $1.19 | 1,871,605 | $2,227,210 | 1,871,605 | +100.0% |
| 2016-10-05 23:56 | 2016-10-04 | CIGI | Colliers International Group Inc. | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | Real Estate | BUY | $42.05 | 133,800 | $5,626,022 | 4,386,151 | +3.1% |
| 2016-10-05 23:40 | 2016-10-04 | TBBK | Bancorp, Inc. | Chrystal John C | Director | National Commercial Banks | BUY | $4.50 | 250,000 | $1,125,000 | 358,500 | +230.4% |
| 2016-10-05 21:27 | 2016-10-03 | GNCMA | N/A | Searchlight ALX LP | Other | Other | BUY | $14.23 | 80,000 | $1,138,248 | 1,712,661 | +4.9% |
| 2016-10-05 23:36 | 2016-10-04 | TBBK | Bancorp, Inc. | COHEN DANIEL G | Director | National Commercial Banks | BUY | $4.50 | 440,000 | $1,980,000 | 220,000 | +100.0% |
| 2016-10-05 16:00 | 2016-10-03 | MYOK | N/A | Sanofi | 10% owner | Other | BUY | $15.00 | 450,000 | $6,750,000 | 3,668,899 | +14.0% |
| 2016-10-05 02:06 | 2016-09-30 | EUSP | N/A | Samaras Elias | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $0.40 | 2,500,000 | $1,000,000 | 12,023,312 | +26.3% |
| 2016-10-05 02:06 | 2016-09-30 | EUSP | N/A | Saussure Jacques De | Director | Other | BUY | $0.40 | 3,000,000 | $1,200,000 | 7,347,826 | +69.0% |
| 2016-10-05 00:47 | 2016-09-30 | FLGT | Fulgent Genetics, Inc. | Hsieh Ming | Director, Officer, 10% owner - President and CEO | Services-Medical Laboratories | BUY | $9.00 | 1,000,000 | $9,000,000 | 6,444,944 | +18.4% |
| 2016-10-04 19:41 | 2016-10-03 | VSAR | Aravive, Inc. | AKKARAJU SRINIVAS | Director | Pharmaceutical Preparations | BUY | $12.25 | 571,429 | $7,000,005 | 571,429 | +100.0% |
| 2016-10-05 01:57 | 2016-09-30 | EIGI | N/A | Reedy Chandler | Director | Other | BUY | $8.65 | 209,300 | $1,811,198 | 52,562,956 | +0.4% |
| 2016-10-05 01:49 | 2016-09-30 | EIGI | N/A | Neary James | Director | Other | BUY | $8.65 | 209,300 | $1,811,198 | 52,562,956 | +0.4% |
| 2016-10-05 01:54 | 2016-09-30 | EIGI | N/A | SADRIAN JUSTIN | Director | Other | BUY | $8.65 | 209,300 | $1,811,198 | 52,562,956 | +0.4% |
| 2016-10-05 00:00 | 2016-09-30 | FSFR | N/A | TANNENBAUM LEONARD M | 10% owner | Other | BUY | $9.00 | 1,942,641 | $17,483,769 | 2,677,494 | +264.4% |
| 2016-10-05 01:57 | 2016-09-30 | EIGI | N/A | Warburg Pincus Private Equity X, L.P. | Director, 10% owner | Other | BUY | $8.65 | 209,300 | $1,811,198 | 39,987,844 | +0.5% |
| 2016-10-05 01:53 | 2016-09-30 | EIGI | N/A | Warburg Pincus X Partners, L.P. | Director, 10% owner | Other | BUY | $8.65 | 209,300 | $1,811,198 | 39,987,844 | +0.5% |
| 2016-10-05 02:20 | 2016-09-29 | NZF | Nuveen Municipal Credit Income Fund | J.P. Morgan Securities LLC | 10% owner | Other | BUY | $100,000.00 | 75 | $7,500,000 | 1,502 | +5.3% |
| 2016-10-03 21:13 | 2016-09-30 | KFS | KINGSWAY FINANCIAL SERVICES INC | STILWELL JOSEPH | Director, 10% owner | Fire, Marine & Casualty Insurance | BUY | $5.74 | 2,296,526 | $13,182,059 | 3,772,218 | +155.6% |
| 2016-09-30 23:49 | 2016-09-28 | MMU | WESTERN ASSET MANAGED MUNICIPALS FUND INC. | CITIGROUP INC | 10% owner | Other | BUY | $25,000.00 | 1,240 | $31,000,000 | 4,880 | +34.1% |
| 2016-10-01 01:08 | 2016-09-28 | MB | N/A | Abdiel Capital Management, LLC | 10% owner | Other | BUY | $19.57 | 165,000 | $3,229,545 | 3,516,493 | +4.9% |
| 2016-09-30 23:59 | 2016-09-28 | VVV | VALVOLINE INC | WULFSOHN WILLIAM A | Director | Miscellaneous Products of Petroleum & Coal | BUY | $22.00 | 45,500 | $1,001,000 | 45,500 | +100.0% |
| 2016-09-30 23:55 | 2016-09-28 | NAC | Nuveen California Quality Municipal Income Fund | CITIGROUP INC | 10% owner | Other | BUY | $100,000.00 | 55 | $5,500,000 | 990 | +5.9% |
| 2016-09-29 22:20 | 2016-09-29 | N-A | Crescent Capital BDC, Inc. | Fidelity & Guaranty Life | 10% owner | Other | BUY | $19.57 | 217,831 | $4,263,382 | 2,139,514 | +11.3% |
| 2016-09-29 21:09 | 2016-09-27 | ESNC | N/A | He Jilun | 10% owner | Other | BUY | $0.94 | 1,306,737 | $1,231,600 | 5,168,513 | +33.8% |
| 2016-09-29 01:27 | 2016-09-26 | NOVN | N/A | Malin Life Sciences Holdings Ltd | 10% owner | Other | BUY | $11.00 | 800,000 | $8,800,000 | 2,623,485 | +43.9% |
| 2016-09-29 01:00 | 2016-09-26 | TBRA | N/A | Pentwater Capital Management LP | 10% owner | Other | BUY | $39.00 | 50,000 | $1,950,005 | 3,683,200 | +1.4% |
| 2016-09-28 20:18 | 2016-09-26 | CYH | COMMUNITY HEALTH SYSTEMS INC | Chen Tian Qiao | 10% owner | Services-General Medical & Surgical Hospitals, NEC | BUY | $10.27 | 929,813 | $9,549,180 | 15,640,785 | +6.3% |
| 2016-09-28 19:47 | 2016-09-26 | DRRX | N/A | 21 APRIL FUND, LTD. | 10% owner | Other | BUY | $1.15 | 2,500,000 | $2,878,750 | 22,381,546 | +12.6% |
| 2016-09-28 17:15 | 2016-09-26 | DSU | BLACKROCK DEBT STRATEGIES FUND, INC. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $3.60 | 301,800 | $1,086,480 | 25,756,821 | +1.2% |
| 2016-09-29 00:29 | 2016-09-26 | PSG | N/A | BROOKFIELD ASSET MANAGEMENT INC. | 10% owner | Other | BUY | $4.00 | 971,050 | $3,884,200 | 6,026,860 | +19.2% |
| 2016-09-28 00:05 | 2016-09-23 | MNP | N/A | CITIGROUP INC | 10% owner | Other | BUY | $50,000.00 | 250 | $12,500,000 | 502 | +99.2% |
| 2016-09-28 00:03 | 2016-09-23 | SBI | WESTERN ASSET INTERMEDIATE MUNI FUND INC. | CITIGROUP INC | 10% owner | Other | BUY | $25,000.00 | 808 | $20,200,000 | 1,212 | +200.0% |
| 2016-09-26 23:05 | 2016-09-22 | PARR | PAR PACIFIC HOLDINGS, INC. | CHAI TRUST CO LLC | 10% owner | Crude Petroleum & Natural Gas | BUY | $12.25 | 190,913 | $2,338,684 | 877,632 | +27.8% |
| 2016-09-24 00:00 | 2016-09-23 | TBRA | N/A | Pentwater Capital Management LP | 10% owner | Other | BUY | $39.19 | 100,000 | $3,918,500 | 3,633,200 | +2.8% |
| 2016-09-22 23:39 | 2014-11-24 | SNI | N/A | Scripps Eaton M | Director, 10% owner | Other | BUY | $74.71 | 645,979 | $48,261,091 | 2,249,979 | +40.3% |
| 2016-09-23 00:06 | 2016-09-20 | ZZLL | N/A | WEBSTER SEAN | Director, Officer, 10% owner - CEO, President and Director | Other | BUY | $160,000.00 | 32,000,000 | $5,120,000,000,000 | 32,515,000 | +6,213.6% |
| 2016-09-23 00:08 | 2010-05-20 | QFOR | N/A | Desai Dhru | Director, Officer, 10% owner - Chairman of the Board and CFO | Other | BUY | $0.33 | 9,996,916 | $3,312,978 | 4,246,916 | +100.0% |
| 2016-09-22 23:45 | 2016-09-20 | TBRA | N/A | Pentwater Capital Management LP | 10% owner | Other | BUY | $39.04 | 1,624,200 | $63,410,067 | 3,533,200 | +85.1% |
| 2016-09-22 22:04 | 2016-09-20 | GDL-B | GDL FUND | GABELLI MARIO J | Director, 10% owner, Other | Other | BUY | $50.40 | 168,400 | $8,487,360 | 488,400 | +52.6% |
| 2016-09-22 21:15 | 2016-09-20 | IMDZ | N/A | COLUMN GROUP L P | 10% owner | Other | BUY | $6.25 | 800,000 | $5,000,000 | 3,961,942 | +25.3% |
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.