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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013-12-20 23:28 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | Murray Margaret A | Director | State Commercial Banks | BUY | $110,000.00 | 10,000 | $1,100,000,000 | 6,000 | +100.0% |
| 2013-12-21 02:00 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | Stark Paul J | Officer - Senior Vice President | State Commercial Banks | BUY | $15,000.00 | 600 | $9,000,000 | 600 | +100.0% |
| 2013-12-20 23:52 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | Milchen Michael J | Officer - Sr Vice President | State Commercial Banks | BUY | $25,000.00 | 1,000 | $25,000,000 | 1,000 | +100.0% |
| 2013-12-20 22:52 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | Maurice Allen R | Director | State Commercial Banks | BUY | $50,000.00 | 2,000 | $100,000,000 | 4,000 | +100.0% |
| 2013-12-20 22:40 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | Maurice Allen R | Director | State Commercial Banks | BUY | $50,000.00 | 2,000 | $100,000,000 | 2,000 | +100.0% |
| 2013-12-21 01:08 | 2013-12-03 | ACFC | N/A | Choudhrie Bhanu | Director | Other | BUY | $3.75 | 1,289,077 | $4,834,039 | 1,409,077 | +1,074.2% |
| 2013-12-21 00:28 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | Depler Thomas A | Director | State Commercial Banks | BUY | $30,000.00 | 2,400 | $72,000,000 | 2,400 | +100.0% |
| 2013-12-21 01:54 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | DUTTON RICHARD J | Officer - Executive Vice President | State Commercial Banks | BUY | $10,000.00 | 400 | $4,000,000 | 400 | +100.0% |
| 2013-12-20 21:58 | 2013-12-18 | NHF | NEXPOINT DIVERSIFIED REAL ESTATE TRUST | DONDERO JAMES D | Other | Real Estate Investment Trusts | BUY | $9.08 | 139,867 | $1,269,992 | 2,754,356 | +5.3% |
| 2013-12-21 01:47 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | MCGOOKEY JAMES E | Officer - Senior Vice President | State Commercial Banks | BUY | $13,307.69 | 1,040 | $13,840,000 | 1,040 | +100.0% |
| 2013-12-21 00:08 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | WHITE DANIEL J | Director | State Commercial Banks | BUY | $600,000.00 | 24,000 | $14,400,000,000 | 24,000 | +100.0% |
| 2013-12-20 23:36 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | WURM GERALD B | Director | State Commercial Banks | BUY | $225,000.00 | 9,000 | $2,025,000,000 | 9,000 | +100.0% |
| 2013-12-21 00:19 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | VOIGHT DAVID A | Director | State Commercial Banks | BUY | $40,000.00 | 1,600 | $64,000,000 | 1,600 | +100.0% |
| 2013-12-21 00:56 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | MILLER JAMES O | Director, Officer - President & CEO | State Commercial Banks | BUY | $35,000.00 | 1,400 | $49,000,000 | 1,400 | +100.0% |
| 2013-12-20 22:18 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | MILLER JAMES O | Director, Officer - President & CEO | State Commercial Banks | BUY | $15,000.00 | 600 | $9,000,000 | 600 | +100.0% |
| 2013-12-21 01:02 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | MICHEL TODD A | Officer - Senior VP | State Commercial Banks | BUY | $10,000.00 | 400 | $4,000,000 | 400 | +100.0% |
| 2013-12-20 23:00 | 2013-12-19 | FCZA | CIVISTA BANCSHARES, INC. | FRIEDLEY BLYTHE A | Director | State Commercial Banks | BUY | $5,000.00 | 200 | $1,000,000 | 200 | +100.0% |
| 2013-12-21 03:34 | 2013-12-18 | CIGW | N/A | Camellia Partners, LLC | 10% owner | Other | BUY | $100.00 | 60,000 | $6,000,000 | 415,069 | +16.9% |
| 2013-12-20 01:01 | 2013-12-17 | HWAY | N/A | NORTH TIDE CAPITAL, LLC | 10% owner | Other | BUY | $14.11 | 140,000 | $1,975,498 | 425,000 | +49.1% |
| 2013-12-20 00:27 | 2013-12-18 | AFSI | N/A | Karfunkel Leah | 10% owner | Other | BUY | $30.25 | 500,000 | $15,125,000 | 10,029,637 | +5.2% |
| 2013-12-19 22:29 | 2013-12-17 | TLOG | N/A | Woody James N. | Director | Other | BUY | $7.00 | 261,427 | $1,829,989 | 261,427 | +100.0% |
| 2013-12-19 20:52 | 2013-12-17 | TLOG | N/A | Schmitt Paul J | Director | Other | BUY | $7.00 | 445,179 | $3,116,253 | 445,179 | +100.0% |
| 2013-12-20 01:28 | 2013-12-18 | CIFC | N/A | Bounty Investments, LLC | 10% owner | Other | BUY | $9.00 | 9,090,909 | $81,818,181 | 13,658,586 | +199.0% |
| 2013-12-20 01:14 | 2013-12-18 | CIFC | N/A | DFR Holdings, LLC | 10% owner | Other | BUY | $9.00 | 9,090,909 | $81,818,181 | 13,658,586 | +199.0% |
| 2013-12-19 20:52 | 2013-12-17 | TLOG | N/A | BUCHI J KEVIN | Director, Officer - President and CEO | Other | BUY | $7.00 | 285,714 | $1,999,998 | 285,714 | +100.0% |
| 2013-12-19 20:49 | 2013-12-17 | TLOG | N/A | Clarus Lifesciences II, L.P. | 10% owner | Other | BUY | $7.00 | 1,425,063 | $9,975,441 | 1,425,063 | +100.0% |
| 2013-12-20 00:56 | 2013-12-17 | THC | TENET HEALTHCARE CORP | GLENVIEW CAPITAL MANAGEMENT, LLC | 10% owner | Services-General Medical & Surgical Hospitals, NEC | BUY | $40.12 | 1,000,000 | $40,121,700 | 12,919,339 | +8.4% |
| 2013-12-20 00:56 | 2013-12-17 | SYN | Theriva Biologics, Inc. | KIRK RANDAL J | 10% owner | Pharmaceutical Preparations | BUY | $1.00 | 2,500,000 | $2,500,000 | 8,675,768 | +40.5% |
| 2013-12-20 00:26 | 2013-12-18 | AFSI | N/A | KARFUNKEL GEORGE | Director, 10% owner | Other | BUY | $28.99 | 300,000 | $8,696,010 | 9,771,286 | +3.2% |
| 2013-12-19 19:55 | 2013-12-17 | KMI | KINDER MORGAN, INC. | KINDER RICHARD D | Director, Officer, 10% owner - Chairman and CEO | Natural Gas Transmission | BUY | $33.37 | 828,324 | $27,640,675 | 231,588,110 | +0.4% |
| 2013-12-20 00:52 | 2013-12-17 | GLF | N/A | MILLARD ROBERT B | Other | Other | BUY | $44.81 | 51,739 | $2,318,399 | 352,094 | +17.2% |
| 2013-12-20 03:39 | 2013-12-19 | NS | N/A | GREEHEY WILLIAM E | Director | Other | BUY | $49.00 | 102,100 | $5,002,686 | 2,329,579 | +4.6% |
| 2013-12-19 02:09 | 2013-12-17 | TLOG | N/A | AMGEN INC | 10% owner | Other | BUY | $7.00 | 272,142 | $1,904,994 | 541,399 | +101.1% |
| 2013-12-18 16:01 | 2013-12-13 | PSTR | N/A | Edelman & Guill Energy L.P. | Director, 10% owner | Other | BUY | $1.31 | 1,123,981 | $1,472,415 | 360,622 | +100.0% |
| 2013-12-18 00:10 | 2013-12-14 | VRX | Bausch Health Companies Inc. | Pearson J. Michael | Officer - Chief Executive Officer | Pharmaceutical Preparations | BUY | $81.41 | 184,247 | $14,999,548 | 4,025,498 | +4.8% |
| 2013-12-18 00:39 | 2013-12-13 | ODP | ODP Corp | Smith Jeffrey C | Director, 10% owner | Retail-Miscellaneous Shopping Goods Stores | BUY | $5.22 | 1,350,000 | $7,047,945 | 1,350,000 | +100.0% |
| 2013-12-18 01:15 | 2013-12-13 | HZNP | N/A | BIRD JEFFREY W | Director | Other | BUY | $6.50 | 668,673 | $4,346,375 | 178,478 | +100.0% |
| 2013-12-18 02:59 | 2013-12-17 | TLOG | N/A | HEALTHCARE VENTURES VII LP | 10% owner | Other | BUY | $7.00 | 713,463 | $4,994,241 | 2,586,466 | +38.1% |
| 2013-12-17 04:01 | 2013-12-12 | N/A | N/A | Adelman David J. | Director | Other | BUY | $10.00 | 240,000 | $2,400,000 | 140,000 | +100.0% |
| 2013-12-17 04:12 | 2013-12-12 | N/A | N/A | Forman Michael C. | Director, Officer, Other - President and CEO | Other | BUY | $10.00 | 250,000 | $2,500,000 | 250,000 | +100.0% |
| 2013-12-16 17:40 | 2013-12-13 | OPK | OPKO HEALTH, INC. | FROST PHILLIP MD ET AL | Director, Officer, 10% owner - CEO & Chairman | Pharmaceutical Preparations | BUY | $8.74 | 150,000 | $1,310,295 | 137,476,659 | +0.1% |
| 2013-12-17 03:42 | 2013-12-12 | SGEN | N/A | BAKER FELIX | Director, 10% owner | Other | BUY | $39.66 | 407,078 | $16,145,446 | 361,052 | +100.0% |
| 2013-12-14 02:28 | 2013-12-11 | ESL | N/A | WINSHIP HENRY WARD IV | Director | Other | BUY | $91.84 | 103,528 | $9,507,701 | 2,469,765 | +4.4% |
| 2013-12-14 00:20 | 2013-11-18 | XGTI | Vislink Technologies, Inc. | Schmitt George Frederick | Director, 10% owner | Communications Equipment, NEC | BUY | $1.75 | 1,142,800 | $1,999,900 | 2,363,023 | +93.7% |
| 2013-12-13 20:11 | 2013-12-12 | KIN | N/A | NODELMAN OLEG | Director | Other | BUY | $7.00 | 400,000 | $2,800,000 | 873,187 | +84.5% |
| 2013-12-14 01:21 | 2013-12-11 | NUAN | N/A | ICAHN CARL C | 10% owner | Other | BUY | $14.12 | 423,400 | $5,979,339 | 60,733,723 | +0.7% |
| 2013-12-13 00:53 | 2013-12-10 | GULTU | Gulf Coast Ultra Deep Royalty Trust | Mount Kellett Capital Management LP | 10% owner | Crude Petroleum & Natural Gas | BUY | $2.14 | 608,800 | $1,302,832 | 35,259,004 | +1.8% |
| 2013-12-13 01:05 | 2013-12-12 | AFSI | N/A | Karfunkel Leah | 10% owner | Other | BUY | $31.41 | 209,772 | $6,589,463 | 9,529,637 | +2.3% |
| 2013-12-13 01:57 | 2013-12-11 | CLR | N/A | Hamm Harold | Director, Officer, 10% owner - CEO & Chairman | Other | BUY | $102.20 | 41,000 | $4,190,081 | 126,337,891 | +0.0% |
| 2013-12-13 00:30 | 2013-12-10 | CACI | CACI INTERNATIONAL INC /DE/ | Blue Harbour Group, LP | 10% owner | Services-Computer Integrated Systems Design | BUY | $71.64 | 88,065 | $6,309,126 | 2,467,414 | +3.7% |
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.