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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016-02-05 00:16 | 2016-02-02 | TGI | N/A | Crowley Daniel J | Director, Officer - President & CEO | Other | BUY | $25.51 | 250,000 | $6,376,800 | 250,000 | +100.0% |
| 2016-02-04 01:52 | 2016-02-01 | UHAL | U-Haul Holding Co /NV/ | Willow Grove Holdings LP | 10% owner | Services-Auto Rental & Leasing (No Drivers) | BUY | $431.77 | 8,307,584 | $3,586,924,006 | 30,000 | +100.0% |
| 2016-02-03 21:49 | 2016-02-01 | PGR | PROGRESSIVE CORP/OH/ | Auer John F | Officer - Pres & CEO - ARX and ASI | Fire, Marine & Casualty Insurance | BUY | $30.28 | 50,000 | $1,513,835 | 106,003 | +89.3% |
| 2016-02-04 03:00 | 2016-02-01 | AMID | N/A | ARCLIGHT ENERGY PARTNERS FUND V, L.P. | Director, 10% owner, Other | Other | BUY | $7.59 | 195,875 | $1,486,437 | 3,269,240 | +6.4% |
| 2016-02-03 15:00 | 2016-02-01 | ALNY | Alnylam Pharmaceuticals Inc. | Sanofi | 10% owner | Pharmaceutical Preparations | BUY | $69.75 | 205,030 | $14,300,843 | 10,256,633 | +2.0% |
| 2016-02-04 00:23 | 2016-02-01 | GFN | N/A | GAGNON NEIL | 10% owner | Other | BUY | $60.50 | 28,171 | $1,704,346 | 13,352 | +100.0% |
| 2016-02-04 04:02 | 2016-02-01 | PSX | Phillips 66 | BERKSHIRE HATHAWAY INC | 10% owner | Petroleum Refining | BUY | $77.99 | 1,691,153 | $131,894,545 | 73,984,463 | +2.3% |
| 2016-02-03 01:54 | 2016-01-29 | PEIX | Alto Ingredients Inc. | Candlewood Investment Group, LP | 10% owner | Industrial Organic Chemicals | BUY | $3.30 | 1,322,523 | $4,366,442 | 897,009 | +100.0% |
| 2016-02-03 02:35 | 2016-01-29 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $382.35 | 3,771 | $1,441,834 | 639,458 | +0.6% |
| 2016-02-02 20:26 | 2016-02-02 | TLMR | N/A | KLAESER DENNIS L | Officer - Chief Financial Officer | Other | BUY | $16.16 | 64,800 | $1,047,168 | 153,350 | +73.2% |
| 2016-02-03 01:22 | 2016-01-29 | CFR | CULLEN/FROST BANKERS, INC. | ALVAREZ CARLOS | Director | National Commercial Banks | BUY | $47.24 | 40,000 | $1,889,600 | 370,000 | +12.1% |
| 2016-02-03 00:25 | 2016-02-02 | STX | Seagate Technology Holdings plc | LUCZO STEPHEN J | Director, Officer - Chairman and CEO | Computer Storage Devices | BUY | $30.17 | 200,000 | $6,034,440 | 1,626,969 | +14.0% |
| 2016-02-03 01:03 | 2016-02-02 | UTX | RTX Corp | Reynolds Fredric G | Director | Aircraft Engines & Engine Parts | BUY | $86.20 | 12,000 | $1,034,400 | 13,225 | +979.6% |
| 2016-02-02 02:22 | 2016-01-28 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner | Other | BUY | $18.44 | 164,553 | $3,035,164 | 1,545,548 | +11.9% |
| 2016-02-01 18:24 | 2016-02-01 | APD | Air Products and Chemicals Inc. | Ghasemi Seifi | Officer - Chairman, Pres. and CEO | Industrial Inorganic Chemicals | BUY | $126.35 | 50,000 | $6,317,670 | 314,865 | +18.9% |
| 2016-02-02 02:04 | 2016-01-28 | NOG | NORTHERN OIL & GAS, INC. | Rowling Robert B. | 10% owner | Crude Petroleum & Natural Gas | BUY | $3.14 | 455,601 | $1,430,314 | 10,104,329 | +4.7% |
| 2016-02-02 01:07 | 2016-01-29 | ZION | ZIONS BANCORPORATION, NATIONAL ASSOCIATION /UT/ | SIMMONS HARRIS H | Director, Officer, Other - Chairman, President | National Commercial Banks | BUY | $22.67 | 50,000 | $1,133,415 | 1,217,740 | +4.3% |
| 2016-01-30 04:00 | 2016-01-27 | PSX | Phillips 66 | BERKSHIRE HATHAWAY INC | 10% owner | Petroleum Refining | BUY | $77.94 | 2,541,346 | $198,070,220 | 72,293,310 | +3.6% |
| 2016-01-29 20:43 | 2016-01-27 | AROCUS | Archrock Inc. | CARLSON CAPITAL L P | 10% owner | Natural Gas Transmission | BUY | $5.55 | 442,068 | $2,453,698 | 8,594,816 | +5.4% |
| 2016-01-30 00:05 | 2016-01-27 | AGRX | N/A | Moorin Jay | 10% owner | Other | BUY | $6.35 | 393,700 | $2,499,995 | 5,062,363 | +8.4% |
| 2016-01-29 00:16 | 2016-01-26 | APPF | Appfolio Inc. | Keenan Capital, LLC | 10% owner | Services-Prepackaged Software | BUY | $13.18 | 150,000 | $1,977,495 | 1,050,000 | +16.7% |
| 2016-01-29 03:01 | 2016-01-26 | AMID | N/A | ARCLIGHT ENERGY PARTNERS FUND V, L.P. | Director, 10% owner | Other | BUY | $7.22 | 325,800 | $2,352,276 | 1,615,156 | +25.3% |
| 2016-01-29 03:40 | 2016-01-26 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $369.42 | 3,694 | $1,364,622 | 635,687 | +0.6% |
| 2016-01-28 23:12 | 2016-01-26 | AXP | AMERICAN EXPRESS CO | WILLIAMS RONALD A | Director | Finance Services | BUY | $55.51 | 18,040 | $1,001,310 | 59,125 | +43.9% |
| 2016-01-28 00:03 | 2016-01-25 | DM | N/A | DOMINION RESOURCES INC /VA/ | Director, 10% owner | Other | BUY | $27.14 | 49,447 | $1,342,179 | 50,076,565 | +0.1% |
| 2016-01-28 05:23 | 2013-03-07 | CASI | N/A | IDG-Accel China Growth Fund III L.P. | 10% owner | Other | BUY | $2.40 | 1,041,666 | $2,499,998 | 360,947 | +100.0% |
| 2016-01-28 03:12 | 2016-01-25 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner | Other | BUY | $17.39 | 170,180 | $2,959,209 | 1,380,995 | +14.1% |
| 2016-01-27 20:12 | 2016-01-25 | IBIO | iBio, Inc. | Eastern Capital LTD | 10% owner | Pharmaceutical Preparations | BUY | $0.62 | 3,500,000 | $2,177,000 | 25,460,000 | +15.9% |
| 2016-01-28 01:59 | 2016-01-25 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS LP | 10% owner | Ophthalmic Goods | BUY | $6.63 | 239,013 | $1,585,803 | 9,584,252 | +2.6% |
| 2016-01-27 17:57 | 2016-01-25 | KMI | KINDER MORGAN, INC. | MORGAN MICHAEL C | Director | Natural Gas Transmission | BUY | $14.20 | 180,000 | $2,555,604 | 3,800,000 | +5.0% |
| 2016-01-28 00:12 | 2016-01-25 | AROCUS | Archrock Inc. | CARLSON CAPITAL L P | 10% owner | Natural Gas Transmission | BUY | $4.96 | 475,991 | $2,362,962 | 8,152,748 | +6.2% |
| 2016-01-26 23:22 | 2016-01-25 | GE | GENERAL ELECTRIC CO | DIMITRIEF ALEXANDER | Officer - Senior Vice President | Electronic & Other Electrical Equipment (No Computer Equip) | BUY | $28.04 | 65,272 | $1,830,227 | 65,272 | +100.0% |
| 2016-01-26 20:08 | 2016-01-26 | SHLM | N/A | FAC PROPERTYS LLC | Officer, 10% owner - C/E/O | Other | BUY | $23.08 | 1,000,000 | $23,080,000 | 0 | +100.0% |
| 2016-01-27 02:53 | 2016-01-22 | AQXP | Neurogene Inc. | BAKER BROS. ADVISORS LP | 10% owner | Pharmaceutical Preparations | BUY | $10.80 | 140,786 | $1,520,911 | 6,502,773 | +2.2% |
| 2016-01-26 02:15 | 2016-01-21 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $351.06 | 3,255 | $1,142,688 | 631,993 | +0.5% |
| 2016-01-26 02:07 | 2016-01-22 | SSRG | N/A | KING LUTHER CAPITAL MANAGEMENT CORP | 10% owner | Other | BUY | $8.99 | 272,770 | $2,452,993 | 1,528,532 | +21.7% |
| 2016-01-25 23:51 | 2016-01-22 | RDUS | N/A | BIOTECH GROWTH N V | 10% owner | Other | BUY | $31.67 | 38,259 | $1,211,502 | 4,360,399 | +0.9% |
| 2016-01-25 23:09 | 2016-01-21 | AROCUS | Archrock Inc. | CARLSON CAPITAL L P | 10% owner | Natural Gas Transmission | BUY | $5.55 | 568,041 | $3,154,275 | 7,676,757 | +8.0% |
| 2016-01-25 22:34 | 2016-01-21 | DSU | BLACKROCK DEBT STRATEGIES FUND, INC. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $3.15 | 448,200 | $1,411,964 | 20,295,690 | +2.3% |
| 2016-01-22 23:19 | 2016-01-20 | PNC | PNC FINANCIAL SERVICES GROUP, INC. | Feldstein Andrew T | Director | National Commercial Banks | BUY | $84.68 | 23,600 | $1,998,528 | 11,800 | +100.0% |
| 2016-01-22 20:54 | 2016-01-22 | C | CITIGROUP INC | CORBAT MICHAEL | Director, Officer - Chief Executive Officer | National Commercial Banks | BUY | $41.05 | 25,000 | $1,026,250 | 380,765 | +7.0% |
| 2016-01-23 03:35 | 2016-01-20 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner | Other | BUY | $15.09 | 209,082 | $3,155,528 | 1,210,815 | +20.9% |
| 2016-01-23 00:08 | 2016-01-20 | DFRG | N/A | Fidelity National Financial, Inc. | 10% owner | Other | BUY | $14.95 | 88,823 | $1,327,904 | 2,661,929 | +3.5% |
| 2016-01-22 20:56 | 2016-01-22 | C | CITIGROUP INC | ONEILL MICHAEL E | Director | National Commercial Banks | BUY | $41.01 | 25,000 | $1,025,325 | 53,200 | +88.7% |
| 2016-01-23 01:56 | 2016-01-20 | WYNN | WYNN RESORTS LTD | WYNN STEPHEN A | Director, Officer, 10% owner, Other - Chief Executive Officer | Hotels & Motels | BUY | $55.62 | 572,850 | $31,863,693 | 11,741,477 | +5.1% |
| 2016-01-22 19:09 | 2014-03-31 | FSNN | N/A | Unterberg Capital LLC | 10% owner | Other | BUY | $2.02 | 2,002,567 | $4,048,990 | 14,521 | +100.0% |
| 2016-01-23 00:16 | 2016-01-20 | XNPT | N/A | Flynn James E | 10% owner, Other | Other | BUY | $4.09 | 346,417 | $1,418,404 | 6,667,391 | +5.5% |
| 2016-01-22 00:13 | 2016-01-19 | DM | N/A | DOMINION RESOURCES INC /VA/ | Director, 10% owner | Other | BUY | $25.37 | 50,000 | $1,268,290 | 49,996,161 | +0.1% |
| 2016-01-21 19:36 | 2016-01-15 | FTF | FRANKLIN LTD DURATION INCOME TRUST | Saba Capital Management, L.P. | 10% owner | Other | BUY | $10.41 | 154,080 | $1,603,803 | 3,039,329 | +5.3% |
| 2016-01-22 01:44 | 2016-01-19 | NOG | NORTHERN OIL & GAS, INC. | Rowling Robert B. | 10% owner | Crude Petroleum & Natural Gas | BUY | $2.50 | 700,000 | $1,747,200 | 9,648,728 | +7.8% |
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.