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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016-09-23 04:10 | 2016-09-21 | CAPR | CAPRICOR THERAPEUTICS, INC. | CEDARS SINAI MEDICAL CENTER | 10% owner | Pharmaceutical Preparations | BUY | $3.20 | 312,500 | $1,000,000 | 2,904,798 | +12.1% |
| 2016-09-22 04:56 | 2016-09-19 | ATLS | N/A | COOPERMAN LEON G | 10% owner | Other | BUY | $0.86 | 1,277,162 | $1,096,444 | 1,277,162 | +100.0% |
| 2016-09-21 18:13 | 2016-09-19 | FGBI | First Guaranty Bancshares, Inc. | Hood William K | Director, 10% owner | Savings Institution, Federally Chartered | BUY | $16.50 | 212,867 | $3,512,306 | 212,867 | +100.0% |
| 2016-09-21 18:12 | 2016-09-19 | FGBI | First Guaranty Bancshares, Inc. | Smith Edgar R. III | Director, 10% owner | Savings Institution, Federally Chartered | BUY | $16.50 | 387,184 | $6,388,536 | 175,471 | +100.0% |
| 2016-09-22 03:11 | 2016-09-19 | EIGI | N/A | Reedy Chandler | Director | Other | BUY | $8.76 | 1,130,000 | $9,897,105 | 52,337,456 | +2.2% |
| 2016-09-22 03:11 | 2016-09-19 | EIGI | N/A | Neary James | Director | Other | BUY | $8.76 | 1,130,000 | $9,897,105 | 52,337,456 | +2.2% |
| 2016-09-22 03:10 | 2016-09-19 | EIGI | N/A | SADRIAN JUSTIN | Director | Other | BUY | $8.76 | 1,130,000 | $9,897,105 | 52,337,456 | +2.2% |
| 2016-09-21 15:05 | 2016-09-20 | CHK | EXPAND ENERGY Corp | DUNHAM ARCHIE W | Director | Crude Petroleum & Natural Gas | BUY | $6.67 | 1,000,000 | $6,668,900 | 4,127,951 | +32.0% |
| 2016-09-22 03:16 | 2016-09-19 | EIGI | N/A | Warburg Pincus Private Equity X, L.P. | Director, 10% owner | Other | BUY | $8.76 | 1,130,000 | $9,897,105 | 39,762,344 | +2.9% |
| 2016-09-22 03:11 | 2016-09-19 | EIGI | N/A | Warburg Pincus X Partners, L.P. | Director, 10% owner | Other | BUY | $8.76 | 1,130,000 | $9,897,105 | 39,762,344 | +2.9% |
| 2016-09-21 23:28 | 2016-09-20 | AQXP | Neurogene Inc. | BAKER BROS. ADVISORS LP | 10% owner | Pharmaceutical Preparations | BUY | $12.25 | 2,783,605 | $34,110,574 | 1,131,625 | +100.0% |
| 2016-09-21 03:10 | 2016-09-20 | IMDZ | N/A | Svennilson Peter | Director, 10% owner | Other | BUY | $6.25 | 800,000 | $5,000,000 | 800,000 | +100.0% |
| 2016-09-21 02:15 | 2016-09-19 | LNG | Cheniere Energy, Inc. | Fusco Jack A | Director, Officer - President and CEO | Natural Gas Distribution | BUY | $42.78 | 35,063 | $1,499,981 | 104,440 | +50.5% |
| 2016-09-21 01:57 | 2016-09-16 | ULTA | Ulta Beauty, Inc. | Eck Dennis K | Director | Retail-Retail Stores, NEC | BUY | $234.45 | 11,000 | $2,578,910 | 509,530 | +2.2% |
| 2016-09-21 00:01 | 2016-09-16 | IMH | IMPAC MORTGAGE HOLDINGS INC | Pickup Todd M | 10% owner | Real Estate Investment Trusts | BUY | $13.00 | 200,000 | $2,600,000 | 1,398,851 | +16.7% |
| 2016-09-21 00:00 | 2016-09-16 | IMH | IMPAC MORTGAGE HOLDINGS INC | PICKUP RICHARD H/ | 10% owner | Real Estate Investment Trusts | BUY | $13.00 | 300,000 | $3,900,000 | 1,860,465 | +19.2% |
| 2016-09-19 23:17 | 2016-09-15 | DM | N/A | DOMINION RESOURCES INC /VA/ | Director, 10% owner | Other | BUY | $25.04 | 56,744 | $1,420,626 | 50,477,417 | +0.1% |
| 2016-09-19 13:33 | 2016-09-16 | PAH | Element Solutions Inc | FRANKLIN MARTIN E | Director | Miscellaneous Chemical Products | BUY | $8.25 | 1,050,000 | $8,662,500 | 2,437,449 | +75.7% |
| 2016-09-19 18:03 | 2016-09-15 | CIGI | Colliers International Group Inc. | SPRUCE HOUSE PARTNERSHIP LP | 10% owner | Real Estate | BUY | $41.62 | 120,000 | $4,994,400 | 4,252,351 | +2.9% |
| 2016-09-20 00:07 | 2016-09-15 | FBK | FB Financial Corp | INGRAM ORRIN H II | Director | State Commercial Banks | BUY | $19.00 | 55,700 | $1,058,300 | 55,700 | +100.0% |
| 2016-09-20 03:01 | 2016-09-15 | PSX | Phillips 66 | BERKSHIRE HATHAWAY INC | 10% owner | Petroleum Refining | BUY | $77.52 | 17,910 | $1,388,428 | 80,689,892 | +0.0% |
| 2016-09-17 02:29 | 2016-09-14 | MCC | PhenixFIN Corp | Taube Seth | Director | Other | BUY | $7.15 | 281,300 | $2,011,239 | 1,194,547 | +30.8% |
| 2016-09-17 02:28 | 2016-09-14 | MCC | PhenixFIN Corp | Taube Brook | Director, Officer - Chief Executive Officer | Other | BUY | $7.15 | 281,300 | $2,011,239 | 1,194,547 | +30.8% |
| 2016-09-17 03:24 | 2016-09-14 | ADMS | N/A | Ericson William W. | Director, 10% owner | Other | BUY | $16.48 | 62,977 | $1,037,584 | 4,031,804 | +1.6% |
| 2016-09-17 04:57 | 2016-09-14 | EIGI | N/A | Reedy Chandler | Director | Other | BUY | $8.62 | 1,599,500 | $13,784,811 | 51,207,456 | +3.2% |
| 2016-09-17 04:57 | 2016-09-14 | EIGI | N/A | Neary James | Director | Other | BUY | $8.62 | 1,599,500 | $13,784,811 | 51,207,456 | +3.2% |
| 2016-09-17 04:57 | 2016-09-14 | EIGI | N/A | SADRIAN JUSTIN | Director | Other | BUY | $8.62 | 1,599,500 | $13,784,811 | 51,207,456 | +3.2% |
| 2016-09-17 00:02 | 2016-09-14 | NRK | NUVEEN NEW YORK AMT-FREE QUALITY MUNICIPAL INCOME FUND | CITIGROUP INC | 10% owner | Other | BUY | $100,000.00 | 300 | $30,000,000 | 205 | +100.0% |
| 2016-09-17 04:46 | 2016-09-14 | EIGI | N/A | Warburg Pincus X Partners, L.P. | Director, 10% owner | Other | BUY | $8.62 | 1,599,500 | $13,784,811 | 38,632,344 | +4.3% |
| 2016-09-17 04:11 | 2016-09-14 | EIGI | N/A | Warburg Pincus Private Equity X, L.P. | Director, 10% owner | Other | BUY | $8.62 | 1,599,500 | $13,784,811 | 38,632,344 | +4.3% |
| 2016-09-16 23:00 | 2016-09-14 | ARRY | N/A | Redmile Group, LLC | 10% owner | Other | BUY | $3.51 | 400,000 | $1,403,720 | 19,150,650 | +2.1% |
| 2016-09-17 03:23 | 2016-09-14 | ADMS | N/A | MDV IX LP | 10% owner | Other | BUY | $16.48 | 62,977 | $1,037,584 | 4,031,804 | +1.6% |
| 2016-09-16 03:33 | 2016-09-09 | VRAY | N/A | Puri Aditya | Director | Other | BUY | $2.95 | 1,472,803 | $4,344,769 | 4,876,745 | +43.3% |
| 2016-09-15 23:32 | 2016-09-14 | PTI | N/A | BARRETT M JAMES | Director, 10% owner | Other | BUY | $13.00 | 461,538 | $5,999,994 | 3,554,610 | +14.9% |
| 2016-09-15 23:31 | 2016-09-14 | PTI | N/A | New Enterprise Associates 12, Limited Partnership | 10% owner | Other | BUY | $13.00 | 461,538 | $5,999,994 | 3,554,610 | +14.9% |
| 2016-09-14 22:53 | 2016-09-14 | WETF | WisdomTree, Inc. | Steinberg Jonathan L | Director, Officer - Chief Executive Officer | Security Brokers, Dealers & Flotation Companies | BUY | $10.23 | 100,000 | $1,022,530 | 7,484,001 | +1.4% |
| 2016-09-15 02:03 | 2016-09-12 | ADMS | N/A | Ericson William W. | Director, 10% owner | Other | BUY | $15.58 | 84,376 | $1,314,730 | 3,968,827 | +2.2% |
| 2016-09-14 23:08 | 2016-09-12 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $53.84 | 83,303 | $4,484,959 | 4,558,387 | +1.9% |
| 2016-09-14 23:11 | 2016-09-13 | FSFR | N/A | TANNENBAUM LEONARD M | 10% owner | Other | BUY | $8.52 | 865,868 | $7,377,195 | 1,381,752 | +167.8% |
| 2016-09-14 23:23 | 2016-09-12 | NRK | NUVEEN NEW YORK AMT-FREE QUALITY MUNICIPAL INCOME FUND | CITIGROUP INC | 10% owner | Other | BUY | $100,000.00 | 365 | $36,500,000 | 55 | +100.0% |
| 2016-09-14 23:17 | 2016-09-12 | NKX | NUVEEN CALIFORNIA AMT-FREE QUALITY MUNICIPAL INCOME FUND | CITIGROUP INC | 10% owner | Other | BUY | $100,000.00 | 315 | $31,500,000 | 475 | +196.9% |
| 2016-09-14 23:10 | 2016-09-12 | PTHN | N/A | LEVY PAUL S | Director | Other | BUY | $28.01 | 37,000 | $1,036,370 | 37,000 | +100.0% |
| 2016-09-15 02:59 | 2016-09-12 | PSX | Phillips 66 | BERKSHIRE HATHAWAY INC | 10% owner | Petroleum Refining | BUY | $77.21 | 1,019,974 | $78,753,111 | 80,671,982 | +1.3% |
| 2016-09-15 02:02 | 2016-09-12 | ADMS | N/A | MDV IX LP | 10% owner | Other | BUY | $15.58 | 84,376 | $1,314,730 | 3,968,827 | +2.2% |
| 2016-09-13 14:39 | 2016-09-12 | MSG | Madison Square Garden Sports Corp. | DOLAN KATHLEEN MARGARET | Other | Services-Miscellaneous Amusement & Recreation | BUY | $182.96 | 15,954 | $2,918,944 | 90,406 | +21.4% |
| 2016-09-13 14:42 | 2016-09-12 | MSG | Madison Square Garden Sports Corp. | CHARLES F. DOLAN CHILDREN TRUST FBO JAMES L. DOLAN | Other | Services-Miscellaneous Amusement & Recreation | BUY | $182.96 | 15,954 | $2,918,944 | 29,249 | +120.0% |
| 2016-09-14 02:05 | 2016-09-09 | MCC | PhenixFIN Corp | Taube Seth | Director | Other | BUY | $7.25 | 382,300 | $2,773,357 | 913,247 | +72.0% |
| 2016-09-14 02:04 | 2016-09-09 | MCC | PhenixFIN Corp | Taube Brook | Director, Officer - Chief Executive Officer | Other | BUY | $7.25 | 382,300 | $2,773,357 | 913,247 | +72.0% |
| 2016-09-13 18:48 | 2016-09-09 | CLCD | N/A | Novo A/S | 10% owner | Other | BUY | $20.00 | 100,000 | $2,000,000 | 3,156,563 | +3.3% |
| 2016-09-14 01:42 | 2016-09-09 | LJPC | N/A | TANG KEVIN C | Director, 10% owner | Other | BUY | $19.82 | 139,035 | $2,755,368 | 3,191,165 | +4.6% |
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.