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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2015-01-16 01:27 | 2015-01-13 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $414.23 | 9,952 | $4,122,388 | 346,588 | +3.0% |
| 2015-01-16 01:03 | 2015-01-14 | ETE | Energy Transfer LP | WARREN KELCY L | Director, 10% owner | Natural Gas Transmission | BUY | $48.00 | 400,000 | $19,200,000 | 3,879,950 | +11.5% |
| 2015-01-16 00:38 | 2015-01-13 | WIW | WESTERN ASSET INFLATION-LINKED OPPORTUNITIES & INCOME FUND | CASCADE INVESTMENT LLC | 10% owner | Other | BUY | $11.32 | 651,028 | $7,368,335 | 12,172,389 | +5.7% |
| 2015-01-16 05:18 | 2014-11-03 | SCCO | SOUTHERN COPPER CORP/ | VELASCO GERMAN LARREA MOTA | Director, Officer - Chairman of the Board | Metal Mining | BUY | $28.87 | 50,000 | $1,443,520 | 1,619,367 | +3.2% |
| 2015-01-15 00:06 | 2015-01-12 | KPTI | Karyopharm Therapeutics Inc. | PAKIANATHAN DEEPIKA | Director | Pharmaceutical Preparations | BUY | $33.00 | 45,454 | $1,499,982 | 21,883 | +100.0% |
| 2015-01-14 21:07 | 2014-11-02 | SCCO | SOUTHERN COPPER CORP/ | VELASCO GERMAN LARREA MOTA | Director, Officer - Chairman of the Board | Metal Mining | BUY | $28.87 | 50,000 | $1,443,520 | 1,619,367 | +3.2% |
| 2015-01-13 02:41 | 2015-01-08 | AFAM | N/A | NORTH TIDE CAPITAL, LLC | 10% owner | Other | BUY | $29.21 | 97,300 | $2,841,831 | 1,187,800 | +8.9% |
| 2015-01-13 05:11 | 2014-10-01 | CANV | CV Sciences, Inc. | Mona Michael III | Officer - Vice President of Operations | Pharmaceutical Preparations | BUY | $2.59 | 500,000 | $1,295,000 | 1,750,000 | +40.0% |
| 2015-01-13 03:52 | 2015-01-08 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $406.41 | 7,902 | $3,211,486 | 336,636 | +2.4% |
| 2015-01-10 00:37 | 2015-01-07 | VVUS | N/A | NORTH TIDE CAPITAL, LLC | 10% owner | Other | BUY | $3.12 | 500,000 | $1,561,350 | 12,500,000 | +4.2% |
| 2015-01-09 20:41 | 2014-12-26 | VGEN | N/A | Halldin Anders Ture Georg | Director, 10% owner | Other | BUY | $5.50 | 934,580 | $5,140,190 | 934,580 | +100.0% |
| 2015-01-10 01:20 | 2014-09-01 | N-A | N/A | Manning John F.X. | Director | Other | BUY | $100,000.00 | 6,507 | $650,688,000 | 6,507 | +100.0% |
| 2015-01-10 01:29 | 2015-01-07 | GEVA | N/A | BAKER FELIX | Director, 10% owner | Other | BUY | $94.19 | 1,000,000 | $94,190,000 | 9,184,771 | +12.2% |
| 2015-01-10 01:28 | 2015-01-07 | GEVA | N/A | BAKER JULIAN | Director, 10% owner | Other | BUY | $94.19 | 1,000,000 | $94,190,000 | 9,184,771 | +12.2% |
| 2015-01-10 03:21 | 2015-01-07 | OAS | Chord Energy Corp | SPO ADVISORY CORP | 10% owner | Crude Petroleum & Natural Gas | BUY | $15.06 | 2,160,100 | $32,526,570 | 11,483,000 | +23.2% |
| 2015-01-08 00:14 | 2015-01-05 | VVUS | N/A | NORTH TIDE CAPITAL, LLC | 10% owner | Other | BUY | $3.04 | 476,800 | $1,451,188 | 12,000,000 | +4.1% |
| 2015-01-08 02:15 | 2015-01-07 | CCO | Clear Channel Outdoor Holdings, Inc. | iHeartMedia, Inc. | 10% owner | Services-Advertising | BUY | $10.20 | 2,000,000 | $20,400,000 | 8,553,971 | +30.5% |
| 2015-01-08 01:55 | 2015-01-05 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $405.09 | 6,411 | $2,597,010 | 328,734 | +2.0% |
| 2015-01-08 01:10 | 2014-08-11 | NMT | NUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND | FELS GERALD | 10% owner | Other | BUY | $13.20 | 146,920 | $1,939,168 | 1,323,312 | +12.5% |
| 2015-01-08 01:06 | 2014-06-12 | NMT | NUVEEN MASSACHUSETTS QUALITY MUNICIPAL INCOME FUND | FELS GERALD | 10% owner | Other | BUY | $13.27 | 236,585 | $3,139,175 | 35,000 | +100.0% |
| 2015-01-08 01:17 | 2014-12-29 | FONU | N/A | Miguel Roger F. | Director, Officer, 10% owner - CEO, CFO | Other | BUY | $3,641.24 | 96,558,150 | $351,591,600,878 | 211,518,212 | +84.0% |
| 2015-01-08 00:07 | 2015-01-05 | NHF | NEXPOINT DIVERSIFIED REAL ESTATE TRUST | HIGHLAND CAPITAL MANAGEMENT LP | Other | Real Estate Investment Trusts | BUY | $10.94 | 92,800 | $1,015,558 | 4,600,932 | +2.1% |
| 2015-01-06 22:08 | 2015-01-02 | N/A | N/A | Allegheny Technologies Inc Master Pension Trust | 10% owner | Other | BUY | $19.70 | 64,605 | $1,272,719 | 813,347 | +8.6% |
| 2015-01-06 22:01 | 2015-01-02 | N/A | N/A | State of Connecticut Retirement Plans & Trust Funds | 10% owner | Other | BUY | $19.70 | 138,440 | $2,727,268 | 1,742,887 | +8.6% |
| 2015-01-07 00:51 | 2015-01-05 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $95.68 | 24,087 | $2,304,644 | 31,177,877 | +0.1% |
| 2015-01-06 00:21 | 2014-12-31 | VVUS | N/A | NORTH TIDE CAPITAL, LLC | 10% owner | Other | BUY | $2.90 | 523,200 | $1,515,501 | 11,523,200 | +4.8% |
| 2015-01-06 01:54 | 2014-12-11 | JGW | N/A | Harteveldt Robert L. | 10% owner | Other | BUY | $8.71 | 197,847 | $1,722,258 | 1,748,205 | +12.8% |
| 2015-01-06 01:56 | 2014-12-31 | JGW | N/A | Trishield Special Situations Master Fund Ltd. | 10% owner | Other | BUY | $10.50 | 100,000 | $1,050,000 | 1,848,205 | +5.7% |
| 2015-01-06 05:14 | 2014-12-31 | GPRE | Green Plains Inc. | Tourbillon Capital Partners LP | 10% owner | Industrial Organic Chemicals | BUY | $24.82 | 160,432 | $3,981,922 | 30,529 | +100.0% |
| 2015-01-06 03:30 | 2014-12-31 | DSOX | N/A | MILLER MITCHELL REED | Director, Officer, 10% owner - Sr VP of Business Development | Other | BUY | $0.21 | 20,350,000 | $4,273,500 | 20,350,000 | +100.0% |
| 2015-01-05 19:13 | 2015-01-01 | CASM | N/A | Flynn James E | 10% owner, Other | Other | BUY | $1.65 | 1,443,200 | $2,381,280 | 3,200,000 | +82.1% |
| 2015-01-03 00:06 | 2014-12-30 | OCIP | N/A | Sawiris Nassef | Director, Other | Other | BUY | $15.71 | 87,465 | $1,374,110 | 288,976 | +43.4% |
| 2015-01-03 03:03 | 2014-12-30 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $398.06 | 5,838 | $2,323,887 | 322,323 | +1.8% |
| 2015-01-02 22:57 | 2014-12-30 | GPRE | Green Plains Inc. | Tourbillon Capital Partners LP | 10% owner | Industrial Organic Chemicals | BUY | $25.16 | 40,000 | $1,006,244 | 30,097 | +100.0% |
| 2015-01-03 00:10 | 2014-12-30 | WIW | WESTERN ASSET INFLATION-LINKED OPPORTUNITIES & INCOME FUND | CASCADE INVESTMENT LLC | 10% owner | Other | BUY | $11.26 | 125,000 | $1,407,075 | 11,361,229 | +1.1% |
| 2015-01-01 01:50 | 2014-12-29 | CLUB | N/A | Walsh Patrick | 10% owner | Other | BUY | $6.02 | 208,112 | $1,253,292 | 2,401,183 | +9.5% |
| 2014-12-31 01:12 | 2014-12-30 | COB | N/A | Carlyle Group Management L.L.C. | 10% owner | Other | BUY | $10.56 | 842,063 | $8,892,185 | 5,772,376 | +17.1% |
| 2014-12-31 01:06 | 2014-12-30 | COB | N/A | OHCP MGP III, LTD. | 10% owner | Other | BUY | $10.56 | 842,383 | $8,895,564 | 183,561 | +100.0% |
| 2014-12-30 14:44 | 2014-12-24 | PTBI | Abeona Therapeutics Inc. | Rouhandeh Steven H | Director, 10% owner | Pharmaceutical Preparations | BUY | $4.00 | 250,000 | $1,000,000 | 315,042 | +384.4% |
| 2014-12-31 03:09 | 2014-12-26 | CAS | N/A | MARTIN WILLIAM C | 10% owner | Other | BUY | $7.64 | 253,300 | $1,934,629 | 3,319,807 | +8.3% |
| 2014-12-30 21:41 | 2014-12-27 | ECR | N/A | EnCap Energy Capital Fund VIII, L.P. | 10% owner | Other | BUY | $7.04 | 44,662,273 | $314,422,402 | 30,967,616 | +100.0% |
| 2014-12-30 01:20 | 2014-12-23 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $380.58 | 7,510 | $2,858,175 | 316,485 | +2.4% |
| 2014-12-30 01:09 | 2014-12-16 | MFRI | Perma-Pipe International Holdings, Inc. | ELGENDY FATI A | Officer - Vice President | Industrial & Commercial Fans & Blowers & Air Purifing Equip | BUY | $60,002.00 | 10,000 | $600,020,000 | 50,550 | +24.7% |
| 2014-12-30 01:55 | 2014-12-24 | PTBI | Abeona Therapeutics Inc. | Rouhandeh Steven H | Director, 10% owner | Pharmaceutical Preparations | BUY | $4.00 | 250,000 | $1,000,000 | 316,214 | +377.6% |
| 2014-12-30 02:13 | 2014-12-03 | FONU | N/A | Miguel Roger F. | Director, Officer - CEO, CFO | Other | BUY | $4,628.02 | 110,200,000 | $510,008,002,360 | 114,960,062 | +2,315.1% |
| 2014-12-30 01:25 | 2014-12-22 | FMD | N/A | SECOND CURVE CAPITAL LLC | 10% owner | Other | BUY | $5.07 | 349,000 | $1,768,418 | 1,368,161 | +34.2% |
| 2014-12-30 01:40 | 2014-12-23 | REGN | REGENERON PHARMACEUTICALS, INC. | Sanofi | 10% owner | Pharmaceutical Preparations | BUY | $393.21 | 201,459 | $79,215,653 | 22,859,144 | +0.9% |
| 2014-12-30 01:09 | 2014-12-23 | ILIU | N/A | BARRETT M JAMES | 10% owner | Other | BUY | $0.10 | 19,868,965 | $1,992,857 | 35,298,087 | +128.8% |
| 2014-12-30 01:08 | 2014-12-23 | ILIU | N/A | BASKETT FOREST | 10% owner | Other | BUY | $0.10 | 19,868,965 | $1,992,857 | 35,298,087 | +128.8% |
| 2014-12-30 01:07 | 2014-12-23 | ILIU | N/A | DRANT RYAN D | 10% owner | Other | BUY | $0.10 | 19,868,965 | $1,992,857 | 35,298,087 | +128.8% |
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.