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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016-02-18 04:17 | 2016-02-12 | MB | N/A | Abdiel Capital Management, LLC | 10% owner | Other | BUY | $9.93 | 237,633 | $2,359,482 | 2,473,835 | +10.6% |
| 2016-02-18 01:21 | 2016-02-16 | FDC | N/A | Bisignano Frank | Director, Officer - Chief Executive Officer | Other | BUY | $10.31 | 115,990 | $1,195,590 | 10,190 | +100.0% |
| 2016-02-18 00:01 | 2016-02-12 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer - CHIEF EXECUTIVE OFFICER | Other | BUY | $6.15 | 1,058,000 | $6,502,362 | 15,340,826 | +7.4% |
| 2016-02-17 17:31 | 2016-02-16 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $202.28 | 49,910 | $10,095,830 | 265,591 | +23.1% |
| 2016-02-17 17:30 | 2016-02-11 | TDG | TransDigm Group INC | SMALL ROBERT J | Director | Aircraft Parts & Auxiliary Equipment, NEC | BUY | $191.25 | 467,390 | $89,388,711 | 248,608 | +100.0% |
| 2016-02-18 03:07 | 2016-02-17 | PTI | N/A | BARRETT M JAMES | Director, 10% owner | Other | BUY | $8.00 | 900,324 | $7,202,592 | 3,093,072 | +41.1% |
| 2016-02-18 02:47 | 2016-02-17 | PTI | N/A | Novartis Bioventures Ltd | 10% owner | Other | BUY | $8.00 | 375,000 | $3,000,000 | 1,873,791 | +25.0% |
| 2016-02-18 00:48 | 2016-02-16 | AKAM | Akamai Technologies Inc. | LEIGHTON F THOMSON | Director, Officer - Chief Executive Officer | Services-Business Services, NEC | BUY | $51.79 | 96,521 | $4,998,823 | 2,961,858 | +3.4% |
| 2016-02-18 02:05 | 2016-02-12 | SGEN | N/A | BAKER FELIX | Director, 10% owner | Other | BUY | $30.43 | 1,269,147 | $38,622,301 | 34,573,386 | +3.8% |
| 2016-02-18 02:45 | 2016-02-17 | PTI | N/A | Mirabelli Christopher | Director, 10% owner | Other | BUY | $8.00 | 375,000 | $3,000,000 | 2,149,295 | +21.1% |
| 2016-02-18 03:05 | 2016-02-17 | PTI | N/A | New Enterprise Associates 12, Limited Partnership | 10% owner | Other | BUY | $8.00 | 900,324 | $7,202,592 | 3,093,072 | +41.1% |
| 2016-02-17 01:21 | 2016-02-11 | KBH | KB HOME | PATTON ROBERT L. JR. | Director | Operative Builders | BUY | $9.54 | 132,385 | $1,262,516 | 204,420 | +183.8% |
| 2016-02-17 00:55 | 2016-02-11 | BOOT | Boot Barn Holdings, Inc. | FS Equity Partners VI, L.P. | 10% owner | Retail-Shoe Stores | BUY | $8.28 | 171,720 | $1,421,533 | 13,228,915 | +1.3% |
| 2016-02-17 00:12 | 2016-02-11 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer - Chief Executive Officer | Other | BUY | $5.70 | 1,060,000 | $6,044,120 | 14,282,826 | +8.0% |
| 2016-02-17 01:18 | 2016-02-11 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS LP | 10% owner | Ophthalmic Goods | BUY | $6.01 | 554,066 | $3,329,937 | 0 | +100.0% |
| 2016-02-17 03:00 | 2016-02-11 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS LP | 10% owner | Ophthalmic Goods | BUY | $6.01 | 554,066 | $3,329,937 | 10,417,670 | +5.6% |
| 2016-02-17 02:34 | 2016-02-12 | MUSA | Murphy USA Inc. | MILLER DAVID B | Director | Retail-Auto Dealers & Gasoline Stations | BUY | $57.63 | 20,000 | $1,152,536 | 20,000 | +100.0% |
| 2016-02-17 01:32 | 2016-02-11 | CBG | CBRE GROUP, INC. | ValueAct Holdings, L.P. | Director, Other | Real Estate | BUY | $23.65 | 625,700 | $14,798,243 | 32,931,905 | +1.9% |
| 2016-02-17 01:44 | 2016-02-11 | TMHC | Taylor Morrison Home Corp | TPG Group Holdings (SBS) Advisors, Inc. | 10% owner | Operative Builders | BUY | $11.92 | 527,400 | $6,284,340 | 1,167,400 | +82.4% |
| 2016-02-17 04:14 | 2016-02-12 | INCY | INCYTE CORP | BAKER JULIAN | Director, 10% owner | Services-Commercial Physical & Biological Research | BUY | $69.87 | 887,165 | $61,983,823 | 18,958,070 | +4.9% |
| 2016-02-17 04:13 | 2016-02-11 | INCY | INCYTE CORP | BAKER JULIAN | Director, 10% owner | Services-Commercial Physical & Biological Research | BUY | $63.53 | 2,251,427 | $143,029,780 | 18,158,080 | +14.2% |
| 2016-02-17 02:27 | 2016-02-11 | NMFC | New Mountain Finance Corp | KLINSKY STEVEN B | Director | Other | BUY | $11.60 | 350,475 | $4,064,914 | 4,243,045 | +9.0% |
| 2016-02-17 02:00 | 2016-02-12 | N-A | N/A | Medical Information Technology, Inc. Profit Sharing Trust | 10% owner | Other | BUY | $45.00 | 37,600 | $1,692,000 | 6,379,078 | +0.6% |
| 2016-02-17 03:43 | 2016-02-11 | XNPT | N/A | Flynn James E | 10% owner, Other | Other | BUY | $3.87 | 4,883,761 | $18,917,737 | 2,734,905 | +100.0% |
| 2016-02-12 23:21 | 2016-02-10 | OUTR | N/A | Engaged Capital LLC | 10% owner | Other | BUY | $25.98 | 96,000 | $2,493,840 | 96,000 | +100.0% |
| 2016-02-13 02:54 | 2016-02-10 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner | Other | BUY | $14.49 | 229,165 | $3,319,593 | 2,240,169 | +11.4% |
| 2016-02-13 00:37 | 2016-02-10 | QTNT | N/A | Galen Partners V LP | 10% owner | Other | BUY | $9.00 | 222,222 | $1,999,998 | 6,309,618 | +3.7% |
| 2016-02-13 02:38 | 2016-02-12 | SCTY | N/A | Musk Elon | Director, 10% owner | Other | BUY | $17.56 | 569,680 | $10,001,245 | 21,845,674 | +2.7% |
| 2016-02-13 01:23 | 2016-02-10 | DFRG | N/A | Fidelity National Financial, Inc. | 10% owner | Other | BUY | $14.68 | 153,824 | $2,257,675 | 3,044,329 | +5.3% |
| 2016-02-13 01:29 | 2016-02-10 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $34.39 | 83,300 | $2,864,962 | 3,952,693 | +2.2% |
| 2016-02-12 16:08 | 2016-02-11 | DLPH | Aptiv PLC | CLARK KEVIN P | Director, Officer - President and CEO | Motor Vehicle Parts & Accessories | BUY | $59.11 | 17,000 | $1,004,887 | 97,670 | +21.1% |
| 2016-02-13 03:36 | 2016-02-11 | FOX | N/A | BREYER JAMES | Director | Other | BUY | $24.50 | 43,000 | $1,053,500 | 43,000 | +100.0% |
| 2016-02-13 02:29 | 2016-02-10 | PAGP | PLAINS GP HOLDINGS LP | SINNOTT ROBERT V | Director | Pipe Lines (No Natural Gas) | BUY | $5.67 | 300,000 | $1,701,990 | 100,000 | +100.0% |
| 2016-02-12 17:00 | 2016-02-11 | CIT | N/A | MNUCHIN STEVEN T | Director, Officer - Vice Chairman | Other | BUY | $25.64 | 80,000 | $2,051,232 | 1,935,573 | +4.3% |
| 2016-02-13 01:18 | 2016-02-10 | SHLD | N/A | LAMPERT EDWARD S | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $15.16 | 178,569 | $2,706,677 | 30,875,338 | +0.6% |
| 2016-02-13 02:43 | 2016-02-10 | NOG | NORTHERN OIL & GAS, INC. | Rowling Robert B. | 10% owner | Crude Petroleum & Natural Gas | BUY | $2.84 | 446,521 | $1,268,209 | 11,332,066 | +4.1% |
| 2016-02-13 04:02 | 2016-02-10 | PSX | Phillips 66 | BERKSHIRE HATHAWAY INC | 10% owner | Petroleum Refining | BUY | $72.91 | 1,079,478 | $78,702,258 | 75,550,745 | +1.4% |
| 2016-02-12 00:58 | 2016-02-10 | QTNT | N/A | WILKERSON L JOHN | Director, 10% owner | Other | BUY | $9.00 | 222,222 | $1,999,998 | 6,309,618 | +3.7% |
| 2016-02-12 04:35 | 2016-02-09 | BOOT | Boot Barn Holdings, Inc. | FS Equity Partners VI, L.P. | 10% owner | Retail-Shoe Stores | BUY | $8.19 | 146,896 | $1,203,049 | 13,057,195 | +1.1% |
| 2016-02-12 01:48 | 2016-02-10 | PAGP | PLAINS GP HOLDINGS LP | Chiang Willie CW | Officer - EVP & COO (U.S.) | Pipe Lines (No Natural Gas) | BUY | $5.80 | 200,000 | $1,160,420 | 200,000 | +100.0% |
| 2016-02-12 02:06 | 2016-02-09 | WAIR | N/A | Bancroft Thomas | Director | Other | BUY | $11.05 | 421,741 | $4,659,605 | 8,018,950 | +5.6% |
| 2016-02-12 02:19 | 2016-02-09 | ITRI | ITRON, INC. | SCOPIA CAPITAL MANAGEMENT LP | 10% owner | Instruments For Meas & Testing of Electricity & Elec Signals | BUY | $34.33 | 33,800 | $1,160,280 | 3,912,652 | +0.9% |
| 2016-02-12 00:38 | 2016-02-10 | TPX | SOMNIGROUP INTERNATIONAL INC. | NEU RICHARD W | Director | Household Furniture | BUY | $54.93 | 20,000 | $1,098,600 | 20,437 | +4,576.7% |
| 2016-02-12 02:14 | 2016-02-11 | JPM | JPMORGAN CHASE & CO | DIMON JAMES | Director, Officer - Chairman & CEO | National Commercial Banks | BUY | $53.18 | 500,000 | $26,590,500 | 115,800 | +100.0% |
| 2016-02-12 01:26 | 2016-02-09 | SHOS | N/A | LAMPERT EDWARD S | 10% owner | Other | BUY | $5.22 | 250,100 | $1,306,722 | 6,749,071 | +3.8% |
| 2016-02-12 02:02 | 2016-02-11 | ENH | N/A | CHARMAN JOHN | Director, Officer - Chmn & Chief Executive Officer | Other | BUY | $60.58 | 100,000 | $6,058,000 | 1,431,953 | +7.5% |
| 2016-02-12 00:57 | 2016-02-10 | QTNT | N/A | SHROFF ZUBEEN | Director, 10% owner | Other | BUY | $9.00 | 222,222 | $1,999,998 | 6,309,618 | +3.7% |
| 2016-02-12 04:21 | 2016-02-09 | ZFGN | Larimar Therapeutics, Inc. | Flynn James E | 10% owner, Other | Pharmaceutical Preparations | BUY | $6.02 | 267,493 | $1,609,666 | 2,039,360 | +15.1% |
| 2016-02-11 00:20 | 2016-02-08 | APPF | Appfolio Inc. | STAD MARC | 10% owner | Services-Prepackaged Software | BUY | $12.91 | 119,260 | $1,539,062 | 1,248,367 | +10.6% |
| 2016-02-11 05:25 | 2016-02-08 | AMID | N/A | ARCLIGHT ENERGY PARTNERS FUND V, L.P. | Director, 10% owner, Other | Other | BUY | $6.52 | 216,440 | $1,411,903 | 3,458,680 | +6.7% |
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.