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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2016-01-07 01:59 | 2016-01-04 | SCOR | COMSCORE, INC. | WPP plc | 10% owner | Services-Business Services, NEC | BUY | $40.21 | 120,000 | $4,825,452 | 6,675,845 | +1.8% |
| 2016-01-07 05:24 | 2016-01-04 | CEQP | N/A | First Reserve GP XI, Inc. | Director, 10% owner | Other | BUY | $20.57 | 542,153 | $11,153,605 | 4,001,065 | +15.7% |
| 2016-01-07 04:26 | 2016-01-04 | LE | LANDS' END, INC. | LAMPERT EDWARD S | 10% owner | Retail-Family Clothing Stores | BUY | $22.96 | 56,979 | $1,308,107 | 10,295,218 | +0.6% |
| 2016-01-07 04:12 | 2016-01-04 | PSX | Phillips 66 | BERKSHIRE HATHAWAY INC | 10% owner | Petroleum Refining | BUY | $79.66 | 48,272 | $3,845,198 | 61,535,198 | +0.1% |
| 2016-01-07 01:04 | 2016-01-04 | LAYN | N/A | OBUS NELSON | Director | Other | BUY | $5.25 | 289,191 | $1,516,922 | 912,744 | +46.4% |
| 2016-01-05 18:54 | 2015-05-12 | TEP | N/A | Tallgrass Equity, LLC | 10% owner | Other | BUY | $47.68 | 20,000,000 | $953,600,000 | 20,000,000 | +100.0% |
| 2016-01-05 18:52 | 2015-05-12 | TEP | N/A | Tallgrass Energy Holdings, LLC | 10% owner | Other | BUY | $47.68 | 20,000,000 | $953,600,000 | 20,000,000 | +100.0% |
| 2016-01-05 14:05 | 2016-01-04 | AYR | Aircastle LTD | MARUBENI CORP /FI | Director, 10% owner | Services-Equipment Rental & Leasing, NEC | BUY | $20.32 | 128,500 | $2,610,593 | 20,168,453 | +0.6% |
| 2016-01-06 04:03 | 2015-12-31 | SHOS | N/A | LAMPERT EDWARD S | 10% owner | Other | BUY | $7.92 | 136,741 | $1,083,413 | 6,385,082 | +2.2% |
| 2016-01-05 00:37 | 2015-12-30 | SMLP | N/A | ENERGY CAPITAL PARTNERS II, LLC | Director, 10% owner | Other | BUY | $18.56 | 144,954 | $2,690,346 | 144,954 | +100.0% |
| 2016-01-05 01:28 | 2015-12-30 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS LP | 10% owner | Ophthalmic Goods | BUY | $7.11 | 165,461 | $1,176,196 | 8,783,023 | +1.9% |
| 2016-01-05 00:35 | 2015-12-30 | SHLD | N/A | BERKOWITZ BRUCE R | 10% owner | Other | BUY | $20.56 | 367,700 | $7,560,721 | 28,131,448 | +1.3% |
| 2016-01-05 03:35 | 2015-12-30 | SCOR | COMSCORE, INC. | WPP plc | 10% owner | Services-Business Services, NEC | BUY | $41.78 | 99,748 | $4,167,940 | 6,555,845 | +1.5% |
| 2016-01-05 01:36 | 2015-12-30 | CEQP | N/A | First Reserve GP XI, Inc. | Director, 10% owner | Other | BUY | $19.92 | 218,553 | $4,354,384 | 3,458,912 | +6.7% |
| 2016-01-04 22:53 | 2015-12-24 | INTX | N/A | Loeb Holding CORP | 10% owner | Other | BUY | $2.50 | 740,000 | $1,850,000 | 9,680,541 | +8.3% |
| 2016-01-05 00:50 | 2015-12-30 | SQNM | N/A | Camber Capital Management LLC | 10% owner | Other | BUY | $1.62 | 665,435 | $1,078,404 | 17,325,000 | +4.0% |
| 2016-01-05 01:47 | 2016-01-04 | EPD | ENTERPRISE PRODUCTS PARTNERS L.P. | WILLIAMS RANDA DUNCAN | Director, 10% owner | Natural Gas Transmission | BUY | $26.11 | 3,830,256 | $100,007,984 | 3,330,619 | +100.0% |
| 2016-01-05 01:00 | 2015-12-31 | HHC | N/A | Pershing Square Capital Management, L.P. | Director, 10% owner | Other | BUY | $113.16 | 591,389 | $66,921,579 | 5,484,684 | +12.1% |
| 2016-01-01 02:35 | 2015-12-29 | UTI | UNIVERSAL TECHNICAL INSTITUTE INC | Coliseum Capital Management, LLC | 10% owner | Services-Educational Services | BUY | $4.47 | 345,901 | $1,544,898 | 3,047,630 | +12.8% |
| 2016-01-01 00:17 | 2015-12-29 | ANGI | N/A | SEMLER ERIC | 10% owner | Other | BUY | $9.41 | 214,114 | $2,014,470 | 5,434,102 | +4.1% |
| 2015-12-30 18:59 | 2015-12-28 | XCO | N/A | Wilder John C Jr | Director | Other | BUY | $1.15 | 1,120,000 | $1,291,584 | 17,829,228 | +6.7% |
| 2015-12-31 00:13 | 2015-12-29 | RIV | RIVERNORTH OPPORTUNITIES FUND, INC. | RIVERNORTH CAPITAL MANAGEMENT, LLC | Other | Other | BUY | $20.00 | 375,000 | $7,500,000 | 375,000 | +100.0% |
| 2015-12-31 01:00 | 2015-12-28 | SCOR | COMSCORE, INC. | WPP plc | 10% owner | Services-Business Services, NEC | BUY | $41.70 | 120,000 | $5,004,456 | 6,456,097 | +1.9% |
| 2015-12-31 03:30 | 2015-12-28 | CEQP | N/A | First Reserve GP XI, Inc. | Director, 10% owner | Other | BUY | $20.08 | 381,488 | $7,660,966 | 3,240,359 | +13.3% |
| 2015-12-30 18:27 | 2015-12-28 | IVAC | N/A | 21 APRIL FUND LTD | 10% owner | Other | BUY | $4.73 | 356,800 | $1,687,664 | 2,384,041 | +17.6% |
| 2015-12-30 01:38 | 2015-12-17 | AYR | Aircastle LTD | MARUBENI CORP /FI | Director, 10% owner | Services-Equipment Rental & Leasing, NEC | BUY | $20.48 | 115,900 | $2,374,107 | 19,881,922 | +0.6% |
| 2015-12-29 16:00 | 2015-12-24 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer - CHIEF EXECUTIVE OFFICER | Other | BUY | $7.38 | 1,032,500 | $7,615,617 | 12,971,606 | +8.6% |
| 2015-12-30 01:57 | 2015-12-24 | SHLD | N/A | BERKOWITZ BRUCE R | 10% owner | Other | BUY | $20.88 | 390,100 | $8,146,653 | 27,793,348 | +1.4% |
| 2015-12-28 14:02 | 2015-12-24 | N-A | Crescent Capital BDC, Inc. | UFCW-Northern California Employers Joint Pension Plan | 10% owner | Other | BUY | $19.82 | 139,094 | $2,756,987 | 931,921 | +17.5% |
| 2015-12-28 17:51 | 2015-12-22 | PJT | PJT Partners Inc. | Taubman Paul J | Director, Officer - Chairman and CEO | Investment Advice | BUY | $25.97 | 50,000 | $1,298,640 | 300,000 | +20.0% |
| 2015-12-29 00:08 | 2015-12-23 | NAKD | N/A | Hochman Carole S | Director, Officer, 10% owner - CEO and Chief Creative Officer | Other | BUY | $4.00 | 287,500 | $1,150,000 | 426,288 | +207.2% |
| 2015-12-28 16:00 | 2015-12-23 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer - CHIEF EXECUTIVE OFFICER | Other | BUY | $7.15 | 1,028,924 | $7,357,630 | 11,935,624 | +9.4% |
| 2015-12-29 01:03 | 2015-12-23 | SCOR | COMSCORE, INC. | WPP plc | 10% owner | Services-Business Services, NEC | BUY | $40.88 | 54,206 | $2,215,974 | 6,336,097 | +0.9% |
| 2015-12-29 01:04 | 2015-12-23 | CEQP | N/A | First Reserve GP XI, Inc. | Director, 10% owner | Other | BUY | $21.53 | 501,720 | $10,804,440 | 2,858,871 | +21.3% |
| 2015-12-24 16:46 | 2015-12-24 | N-A | Crescent Capital BDC, Inc. | Fidelity & Guaranty Life | 10% owner | Other | BUY | $19.82 | 215,094 | $4,263,382 | 1,441,115 | +17.5% |
| 2015-12-24 21:20 | 2015-12-22 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer - Chief Executive Officer | Other | BUY | $6.86 | 1,029,000 | $7,053,795 | 10,906,700 | +10.4% |
| 2015-12-24 19:25 | 2015-12-22 | ATU | ENERPAC TOOL GROUP CORP | ARZBAECHER ROBERT C | Director, Officer - President and CEO | Misc Industrial & Commercial Machinery & Equipment | BUY | $23.71 | 210,000 | $4,978,995 | 394,294 | +113.9% |
| 2015-12-24 21:27 | 2015-12-24 | N-A | Crescent Capital BDC, Inc. | Allied World Assurance Co Holdings, AG | 10% owner | Other | BUY | $19.82 | 215,094 | $4,263,382 | 1,441,115 | +17.5% |
| 2015-12-23 17:40 | 2015-12-21 | XCO | N/A | Wilder John C Jr | Director | Other | BUY | $0.90 | 1,310,000 | $1,177,952 | 16,055,961 | +8.9% |
| 2015-12-24 00:49 | 2015-12-21 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer - Chief Executive Officer | Other | BUY | $6.77 | 1,032,500 | $6,987,960 | 9,877,700 | +11.7% |
| 2015-12-23 23:43 | 2015-12-21 | PAGP | PLAINS GP HOLDINGS LP | RAYMOND JOHN T | Director | Pipe Lines (No Natural Gas) | BUY | $7.40 | 423,954 | $3,137,260 | 573,954 | +282.6% |
| 2015-12-24 01:11 | 2015-12-21 | SCOR | COMSCORE, INC. | WPP plc | 10% owner | Services-Business Services, NEC | BUY | $38.57 | 84,913 | $3,275,111 | 6,281,891 | +1.4% |
| 2015-12-24 04:04 | 2015-12-21 | CEQP | N/A | First Reserve GP XI, Inc. | Director, 10% owner | Other | BUY | $18.34 | 492,124 | $9,026,440 | 2,357,151 | +26.4% |
| 2015-12-24 04:05 | 2015-12-21 | LE | LANDS' END, INC. | LAMPERT EDWARD S | 10% owner | Retail-Family Clothing Stores | BUY | $22.79 | 87,824 | $2,001,851 | 10,208,803 | +0.9% |
| 2015-12-22 22:11 | 2015-12-18 | DGICA | DONEGAL GROUP INC | DONEGAL MUTUAL INSURANCE CO | 10% owner | Fire, Marine & Casualty Insurance | BUY | $17.85 | 2,075,000 | $37,037,505 | 4,647,039 | +80.7% |
| 2015-12-22 20:34 | 2015-12-17 | KHI | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $7.77 | 240,521 | $1,869,738 | 2,187,220 | +12.4% |
| 2015-12-23 00:27 | 2015-12-18 | GUID | N/A | RGM Capital, LLC | 10% owner | Other | BUY | $5.25 | 340,000 | $1,785,000 | 3,882,421 | +9.6% |
| 2015-12-23 00:44 | 2015-12-18 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer - Chief Executive Officer | Other | BUY | $6.70 | 744,000 | $4,985,544 | 8,845,200 | +9.2% |
| 2015-12-22 00:37 | 2015-12-17 | DM | N/A | DOMINION RESOURCES INC /VA/ | Director, 10% owner | Other | BUY | $27.54 | 41,915 | $1,154,176 | 49,819,461 | +0.1% |
| 2015-12-22 04:54 | 2015-12-18 | RNDY | N/A | KROGER CO | 10% owner | Other | BUY | $3.60 | 49,367,157 | $177,721,765 | 1,000 | +100.0% |
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.