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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013-05-11 00:44 | 2013-04-20 | MNDL-OB | Digital Turbine Inc. | GUBER PETER | Director, 10% owner | Patent Owners & Lessors | BUY | $500,000.00 | 1,428,572 | $714,286,000,000 | 714,286 | +100.0% |
| 2013-05-10 15:48 | 2013-05-08 | DUNR | N/A | BlueMountain Capital Management, LLC | 10% owner | Other | BUY | $1.60 | 2,600,625 | $4,161,000 | 421,925 | +100.0% |
| 2013-05-10 15:45 | 2013-05-08 | DUNR | N/A | BlueMountain GP Holdings, LLC | 10% owner | Other | BUY | $1.60 | 1,526,427 | $2,442,283 | 1,273,386 | +100.0% |
| 2013-05-09 22:36 | 2013-05-07 | TELOZ | N/A | Rimmer Nancy | 10% owner | Other | BUY | $24,063.00 | 8,021 | $193,009,323 | 667,921 | +1.2% |
| 2013-05-09 22:32 | 2013-05-07 | TELOZ | N/A | RNR Production Land & Cattle Company, Inc | 10% owner | Other | BUY | $24,063.00 | 8,021 | $193,009,323 | 667,921 | +1.2% |
| 2013-05-10 00:14 | 2013-05-07 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub Lawrence E | Director, Officer, 10% owner - Chairman | Other | BUY | $17.47 | 269,033 | $4,700,007 | 382,241 | +237.6% |
| 2013-05-10 00:12 | 2013-05-07 | GBDC | GOLUB CAPITAL BDC, Inc. | Golub David | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $17.47 | 269,033 | $4,700,007 | 382,241 | +237.6% |
| 2013-05-09 22:40 | 2013-05-07 | TELOZ | N/A | RIMMER ROY T JR | 10% owner | Other | BUY | $24,063.00 | 8,021 | $193,009,323 | 667,921 | +1.2% |
| 2013-05-09 22:46 | 2013-04-03 | IBTX | N/A | SMITH G STACY | Director | Other | BUY | $26.19 | 82,350 | $2,157,043 | 19,230 | +100.0% |
| 2013-05-09 22:15 | 2013-05-07 | ABMD | N/A | TERMEER HENRI A | Director | Other | BUY | $19.86 | 100,000 | $1,986,410 | 282,398 | +54.8% |
| 2013-05-08 19:07 | 2013-05-06 | TELOZ | N/A | Rimmer Nancy | 10% owner | Other | BUY | $15,449.00 | 5,500 | $84,969,500 | 659,900 | +0.8% |
| 2013-05-08 18:58 | 2013-05-06 | TELOZ | N/A | RNR Production Land & Cattle Company, Inc | 10% owner | Other | BUY | $15,449.00 | 5,500 | $84,969,500 | 659,900 | +0.8% |
| 2013-05-08 22:05 | 2013-05-07 | PBI | PITNEY BOWES INC /DE/ | Lautenbach Marc Bradley | Officer - President and CEO | Office Machines, NEC | BUY | $15.36 | 66,000 | $1,013,621 | 66,000 | +100.0% |
| 2013-05-08 19:16 | 2013-05-06 | TELOZ | N/A | RIMMER ROY T JR | 10% owner | Other | BUY | $15,449.00 | 5,500 | $84,969,500 | 659,900 | +0.8% |
| 2013-05-09 04:39 | 2013-05-06 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $56.89 | 42,600 | $2,423,527 | 30,467,686 | +0.1% |
| 2013-05-07 20:52 | 2013-05-03 | TELOZ | N/A | Rimmer Nancy | 10% owner | Other | BUY | $46,675.00 | 17,462 | $815,038,850 | 654,400 | +2.7% |
| 2013-05-07 20:49 | 2013-05-03 | TELOZ | N/A | RNR Production Land & Cattle Company, Inc | 10% owner | Other | BUY | $46,675.00 | 17,462 | $815,038,850 | 654,400 | +2.7% |
| 2013-05-08 00:30 | 2013-05-03 | JPM | JPMORGAN CHASE & CO | CROWN JAMES S | Director | National Commercial Banks | BUY | $47.29 | 301,477 | $14,255,521 | 6,348,649 | +5.0% |
| 2013-05-08 00:10 | 2013-05-03 | HLF | HERBALIFE LTD. | ICAHN CARL C | 10% owner | Wholesale-Drugs, Proprietaries & Druggists' Sundries | BUY | $40.85 | 611,354 | $24,973,811 | 16,966,485 | +3.7% |
| 2013-05-07 20:54 | 2013-05-03 | TELOZ | N/A | RIMMER ROY T JR | 10% owner | Other | BUY | $46,675.00 | 17,462 | $815,038,850 | 654,400 | +2.7% |
| 2013-05-08 01:28 | 2013-05-03 | SPW | SPX Technologies, Inc. | RELATIONAL INVESTORS LLC | 10% owner | Metalworkg Machinery & Equipment | BUY | $73.26 | 1,076,616 | $78,876,441 | 6,413,488 | +20.2% |
| 2013-05-08 00:31 | 2013-05-06 | LMNX | N/A | LOEWENBAUM G WALTER II | Director | Other | BUY | $17.17 | 64,935 | $1,114,863 | 633,327 | +11.4% |
| 2013-05-07 00:37 | 2012-04-04 | ENPH | Enphase Energy, Inc. | McJunkin Jameson J | Director | Semiconductors & Related Devices | BUY | $5.98 | 790,271 | $4,722,343 | 5,103,278 | +18.3% |
| 2013-05-07 04:27 | 2013-05-02 | LOV | N/A | Osmium Partners, LLC | 10% owner | Other | BUY | $6.25 | 220,000 | $1,375,000 | 1,208,469 | +22.3% |
| 2013-05-07 03:32 | 2013-05-02 | WPP | N/A | Smith Jeffrey C | 10% owner | Other | BUY | $9.83 | 200,000 | $1,965,440 | 200,000 | +100.0% |
| 2013-05-07 03:30 | 2013-05-02 | WPP | N/A | Starboard Value LP | 10% owner | Other | BUY | $9.83 | 200,000 | $1,965,440 | 200,000 | +100.0% |
| 2013-05-03 23:07 | 2013-05-01 | KFM | N/A | MASSACHUSETTS MUTUAL LIFE INSURANCE CO | 10% owner | Other | BUY | $33,612,500.00 | 40,000,000 | $1,344,500,000,000,000 | 3,500,000 | +100.0% |
| 2013-05-03 23:50 | 2013-05-01 | CACH | N/A | Mill Road Capital, L.P. | 10% owner | Other | BUY | $1.65 | 2,121,212 | $3,500,000 | 2,686,121 | +375.5% |
| 2013-05-03 23:34 | 2013-05-01 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $70.63 | 70,765 | $4,998,443 | 43,025,308 | +0.2% |
| 2013-05-04 01:01 | 2013-05-01 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $54.75 | 129,200 | $7,073,803 | 30,425,086 | +0.4% |
| 2013-05-03 00:35 | 2013-04-30 | RFP | N/A | FAIRFAX FINANCIAL HOLDINGS LTD/ CAN | 10% owner | Other | BUY | $14.25 | 3,380,300 | $48,169,275 | 28,156,819 | +13.6% |
| 2013-05-03 02:17 | 2013-01-07 | IMH | IMPAC MORTGAGE HOLDINGS INC | PICKUP RICHARD H/ | 10% owner | Real Estate Investment Trusts | BUY | $11.78 | 342,293 | $4,033,615 | 797,293 | +75.2% |
| 2013-05-02 00:31 | 2013-04-29 | TIF | N/A | Qatar Investment Authority | 10% owner | Other | BUY | $73.33 | 272,700 | $19,997,091 | 16,222,436 | +1.7% |
| 2013-05-01 23:07 | 2013-04-29 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $71.45 | 209,883 | $14,995,511 | 42,954,543 | +0.5% |
| 2013-04-30 13:35 | 2013-04-29 | TELOZ | N/A | Rimmer Nancy | 10% owner | Other | BUY | $122,054.00 | 55,183 | $6,735,305,882 | 636,938 | +9.5% |
| 2013-04-30 13:31 | 2013-04-29 | TELOZ | N/A | RNR Production Land & Cattle Company, Inc | 10% owner | Other | BUY | $122,054.00 | 55,183 | $6,735,305,882 | 636,938 | +9.5% |
| 2013-04-30 13:38 | 2013-04-29 | TELOZ | N/A | RIMMER ROY T JR | 10% owner | Other | BUY | $122,054.00 | 55,183 | $6,735,305,882 | 636,938 | +9.5% |
| 2013-05-01 00:46 | 2013-04-26 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $56.21 | 106,100 | $5,963,563 | 30,295,486 | +0.4% |
| 2013-04-30 21:38 | 2013-04-30 | THRX | Innoviva, Inc. | GLAXOSMITHKLINE PLC | 10% owner | Pharmaceutical Preparations | BUY | $6,699,215.43 | 193,563 | $1,296,720,236,277 | 26,721,193 | +0.7% |
| 2013-04-30 01:10 | 2013-04-27 | ERHE-OB | N/A | Oviawe Friday | Director | Other | BUY | $3,124.95 | 41,666 | $130,204,167 | 126,666 | +49.0% |
| 2013-04-30 03:08 | 2013-04-27 | ERHE-OB | N/A | Odobulu Sylvan | Officer - VP Admin & Controller | Other | BUY | $3,125.00 | 41,666 | $130,206,250 | 329,566 | +14.5% |
| 2013-04-30 02:59 | 2013-04-27 | ERHE-OB | N/A | Uzoigwe Andrew | Director | Other | BUY | $11,874.98 | 158,333 | $1,880,201,208 | 693,333 | +29.6% |
| 2013-04-30 02:29 | 2013-04-27 | ERHE-OB | N/A | Jeter Howard | Director | Other | BUY | $9,999.98 | 133,333 | $1,333,327,333 | 458,333 | +41.0% |
| 2013-04-30 02:41 | 2013-04-27 | ERHE-OB | N/A | NTEPHE PETER | Director, Officer - CEO and President | Other | BUY | $26,722.13 | 356,295 | $9,520,961,308 | 1,127,467 | +46.2% |
| 2013-04-29 23:13 | 2013-04-25 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $71.76 | 208,970 | $14,995,248 | 42,744,660 | +0.5% |
| 2013-04-30 03:11 | 2013-04-25 | NSH | N/A | GREEHEY WILLIAM E | Director, 10% owner | Other | BUY | $30.79 | 68,313 | $2,103,644 | 8,015,792 | +0.9% |
| 2013-04-30 02:25 | 2013-04-25 | NS | N/A | GREEHEY WILLIAM E | Director | Other | BUY | $51.38 | 58,000 | $2,979,750 | 2,225,577 | +2.7% |
| 2013-04-27 00:39 | 2013-04-24 | GCAP | N/A | MASTER GLOBAL ASSETS Ltd | 10% owner | Other | BUY | $5.58 | 506,616 | $2,825,245 | 5,200,000 | +10.8% |
| 2013-04-26 00:27 | 2013-04-23 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $57.03 | 87,900 | $5,012,550 | 30,189,386 | +0.3% |
| 2013-04-25 00:39 | 2013-04-22 | ECPG | ENCORE CAPITAL GROUP INC | MESDAG WILLEM | Director | Short-Term Business Credit Institutions | BUY | $28.00 | 350,000 | $9,800,000 | 1,332,036 | +35.6% |
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.