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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2025-03-11 20:21 | 2025-03-11 | NFE | New Fortress Energy Inc. | EDENS WESLEY R | Director, Officer, 10% owner - Chief Executive Officer | Natural Gas Distribution | BUY | $8.77 | 200,000 | $1,754,000 | 35,921,915 | +0.6% |
| 2025-03-11 03:02 | 2025-03-10 | ECAT | BlackRock ESG Capital Allocation Term Trust | BlackRock, Inc. | Other | Other | BUY | $16.38 | 86,000 | $1,408,680 | 324,800 | +36.0% |
| 2025-03-11 03:36 | 2025-03-06 | BLND | Blend Labs, Inc. | Haveli Investments, L.P. | Director, 10% owner | Services-Computer Programming, Data Processing, Etc. | BUY | $3.05 | 587,149 | $1,790,863 | 644,888 | +1,016.9% |
| 2025-03-11 01:33 | 2025-03-06 | BIGC | Commerce.com, Inc. | Siminoff Ellen F | Director | Services-Prepackaged Software | BUY | $6.64 | 177,158 | $1,176,382 | 253,333 | +232.6% |
| 2025-03-11 04:00 | 2025-03-03 | TKO | TKO Group Holdings, Inc. | KRAFT JONATHAN | Director | Services-Amusement & Recreation Services | BUY | $150.13 | 23,500 | $3,528,111 | 23,500 | +100.0% |
| 2025-03-08 02:31 | 2025-03-07 | ECAT | BlackRock ESG Capital Allocation Term Trust | BlackRock, Inc. | Other | Other | BUY | $16.50 | 79,600 | $1,313,400 | 238,800 | +50.0% |
| 2025-03-08 03:14 | 2025-03-05 | TNYA | Tenaya Therapeutics, Inc. | COLUMN GROUP III GP, LP | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $0.70 | 35,714,284 | $24,999,999 | 49,313,559 | +262.6% |
| 2025-03-08 00:05 | 2025-03-05 | PR | Permian Resources Corp | Quinn William J | Director | Crude Petroleum & Natural Gas | BUY | $12.10 | 250,000 | $3,024,525 | 1,312,429 | +23.5% |
| 2025-03-07 20:28 | 2025-03-05 | N/A | N/A | Abu Dhabi Investment Authority | 10% owner | Other | BUY | $1,813.73 | 4,135 | $7,500,000 | 97,607 | +4.4% |
| 2025-03-08 02:05 | 2025-03-05 | JANX | Janux Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director, 10% owner | Pharmaceutical Preparations | BUY | $30.75 | 824,041 | $25,342,969 | 10,141,287 | +8.8% |
| 2025-03-08 00:15 | 2025-03-05 | PBF | PBF Energy Inc. | Control Empresarial de Capitales S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $19.13 | 100,000 | $1,912,640 | 30,349,998 | +0.3% |
| 2025-03-08 03:14 | 2025-03-05 | TNYA | Tenaya Therapeutics, Inc. | GOEDDEL DAVID V | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $0.70 | 35,714,284 | $24,999,999 | 49,313,559 | +262.6% |
| 2025-03-08 01:41 | 2025-03-05 | CVI | CVR ENERGY INC | ICAHN CARL C | 10% owner | Petroleum Refining | BUY | $17.98 | 203,219 | $3,654,690 | 68,151,072 | +0.3% |
| 2025-03-07 05:53 | 2025-03-06 | ECAT | BlackRock ESG Capital Allocation Term Trust | BlackRock, Inc. | Other | Other | BUY | $16.62 | 79,600 | $1,322,952 | 159,200 | +100.0% |
| 2025-03-07 05:51 | 2025-03-05 | ECAT | BlackRock ESG Capital Allocation Term Trust | BlackRock, Inc. | Other | Other | BUY | $16.64 | 79,600 | $1,324,544 | 79,600 | +100.0% |
| 2025-03-07 01:20 | 2025-03-05 | BLMN | Bloomin' Brands, Inc. | Spanos Mike | Director, Officer - CEO | Retail-Eating Places | BUY | $8.63 | 118,000 | $1,018,340 | 118,000 | +100.0% |
| 2025-03-07 01:45 | 2025-03-06 | WD | Walker & Dunlop, Inc. | Walker William M | Director, Officer - Chairman & CEO | Finance Services | BUY | $86.21 | 17,500 | $1,508,672 | 411,271 | +4.4% |
| 2025-03-07 03:50 | 2025-03-04 | AMRC | Ameresco Inc. | Sakellaris George P | Director, Officer, 10% owner - President and CEO | Construction - Special Trade Contractors | BUY | $9.73 | 125,000 | $1,216,750 | 978,638 | +14.6% |
| 2025-03-07 00:34 | 2025-03-04 | TRS | TRIMAS CORP | SEDAGHAT SHAWN | Director, 10% owner | Metal Forgings & Stampings | BUY | $21.72 | 97,228 | $2,112,006 | 97,228 | +100.0% |
| 2025-03-07 00:28 | 2025-03-05 | ECPG | ENCORE CAPITAL GROUP INC | CLARK JONATHAN C | Officer - EVP, CFO & Treasurer | Short-Term Business Credit Institutions | BUY | $35.00 | 28,600 | $1,001,000 | 190,164 | +17.7% |
| 2025-03-06 21:19 | 2025-03-04 | SBGI | Sinclair, Inc. | SMITH DAVID D | Director, Officer, 10% owner - Executive Chairman | Television Broadcasting Stations | BUY | $13.86 | 83,422 | $1,156,246 | 728,986 | +12.9% |
| 2025-03-05 20:49 | 2025-03-04 | BEN | FRANKLIN RESOURCES INC | JOHNSON CHARLES B | 10% owner | Investment Advice | BUY | $19.57 | 100,000 | $1,957,000 | 89,375,067 | +0.1% |
| 2025-03-06 05:52 | 2025-03-03 | PR | Permian Resources Corp | Quinn William J | Director | Crude Petroleum & Natural Gas | BUY | $12.83 | 750,000 | $9,622,425 | 1,062,429 | +240.1% |
| 2025-03-06 00:08 | 2025-03-04 | IFF | INTERNATIONAL FLAVORS & FRAGRANCES INC | Fyrwald J Erik | Director, Officer - CEO | Industrial Organic Chemicals | BUY | $80.24 | 25,000 | $2,005,878 | 29,300 | +581.4% |
| 2025-03-06 02:47 | 2025-03-05 | FLGT | Fulgent Genetics, Inc. | Kim Paul | Officer - CFO and Treasurer | Services-Medical Laboratories | BUY | $15.96 | 100,000 | $1,596,470 | 348,282 | +40.3% |
| 2025-03-06 01:00 | 2025-03-05 | ECPG | ENCORE CAPITAL GROUP INC | Gupta Ashwini | Director | Short-Term Business Credit Institutions | BUY | $35.10 | 40,000 | $1,404,000 | 96,909 | +70.3% |
| 2025-03-06 00:07 | 2025-03-03 | THM | INTERNATIONAL TOWER HILL MINES LTD | PAULSON & CO. INC. | 10% owner | Metal Mining | BUY | $0.48 | 6,040,408 | $2,900,000 | 70,239,388 | +9.4% |
| 2025-03-05 14:59 | 2024-04-22 | BHVN | Biohaven Ltd. | CHILDS JOHN W | Director | Pharmaceutical Preparations | BUY | $41.00 | 73,170 | $2,999,970 | 73,170 | +100.0% |
| 2025-03-04 18:04 | 2025-02-28 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $16.36 | 1,711,070 | $27,999,956 | 14,960,290 | +12.9% |
| 2025-03-04 17:48 | 2025-02-28 | N-A | N/A | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $16.36 | 1,099,974 | $17,999,971 | 11,712,351 | +10.4% |
| 2025-03-05 00:07 | 2025-02-28 | STRL | STERLING INFRASTRUCTURE, INC. | CUTILLO JOSEPH A | Officer - Chief Executive Officer | Heavy Construction Other Than Bldg Const - Contractors | BUY | $124.32 | 8,120 | $1,009,511 | 473,147 | +1.7% |
| 2025-03-05 00:27 | 2025-03-03 | MRNA | Moderna, Inc. | Bancel Stephane | Director, Officer - Chief Executive Officer | Biological Products, (No Diagnostic Substances) | BUY | $31.22 | 160,314 | $5,004,314 | 9,210,686 | +1.8% |
| 2025-03-05 05:07 | 2025-02-28 | OMI | Accendra Health, Inc. | Coliseum Capital Management, LLC | 10% owner | Wholesale-Medical, Dental & Hospital Equipment & Supplies | BUY | $9.47 | 2,893,412 | $27,386,145 | 10,624,599 | +37.4% |
| 2025-03-05 03:28 | 2025-03-03 | PBF | PBF Energy Inc. | Control Empresarial de Capitales S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $20.21 | 155,000 | $3,131,775 | 30,249,998 | +0.5% |
| 2025-03-05 05:26 | 2024-08-27 | BILL | BILL Holdings, Inc. | JACOBS BRIAN | Director | Services-Prepackaged Software | BUY | $53.54 | 25,000 | $1,338,398 | 219,965 | +12.8% |
| 2025-03-04 23:57 | 2025-03-04 | FMC | FMC CORP | BRONDEAU PIERRE R | Director, Officer - Chairman and CEO | Chemicals & Allied Products | BUY | $35.90 | 54,000 | $1,938,449 | 298,439 | +22.1% |
| 2025-03-04 18:25 | 2025-03-03 | FERA | Fifth Era Acquisition Corp I | Fifth Era Acquisition Sponsor I LLC | 10% owner | Blank Checks | BUY | $10.00 | 380,000 | $3,800,000 | 380,000 | +100.0% |
| 2025-03-05 01:03 | 2025-02-28 | AUPH | Aurinia Pharmaceuticals Inc. | TANG KEVIN | Director | Pharmaceutical Preparations | BUY | $7.95 | 1,600,000 | $12,713,120 | 10,029,500 | +19.0% |
| 2025-03-05 04:19 | 2025-02-28 | LAB | STANDARD BIOTOOLS INC. | Casdin Partners Master Fund, L.P. | Director, 10% owner | Laboratory Analytical Instruments | BUY | $1.07 | 4,820,959 | $5,134,321 | 58,846,780 | +8.9% |
| 2025-03-05 01:25 | 2025-03-04 | NOG | NORTHERN OIL & GAS, INC. | Akradi Bahram | Director | Crude Petroleum & Natural Gas | BUY | $28.03 | 40,000 | $1,121,360 | 1,662,016 | +2.5% |
| 2025-03-05 00:24 | 2025-03-03 | MRNA | Moderna, Inc. | SAGAN PAUL | Director | Biological Products, (No Diagnostic Substances) | BUY | $31.76 | 31,620 | $1,004,251 | 312,027 | +11.3% |
| 2025-03-05 03:44 | 2025-02-28 | CVI | CVR ENERGY INC | ICAHN CARL C | 10% owner | Petroleum Refining | BUY | $17.89 | 377,260 | $6,749,823 | 67,947,853 | +0.6% |
| 2025-03-04 01:18 | 2025-02-28 | LINE | Lineage, Inc. | Forste Adam Matthew Schwartz | Director, Officer, 10% owner - CO-EXECUTIVE CHAIRMAN | Real Estate Investment Trusts | BUY | $60.50 | 24,317 | $1,471,144 | 24,317 | +100.0% |
| 2025-03-04 01:26 | 2025-02-27 | TTSH | TILE SHOP HOLDINGS, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Home Furniture, Furnishings & Equipment Stores | BUY | $7.44 | 301,500 | $2,244,155 | 11,452,560 | +2.7% |
| 2025-03-03 22:13 | 2025-03-01 | N-A | N/A | Phillips William John | Other | Other | BUY | $60,000.00 | 50 | $2,995,920 | 251 | +24.8% |
| 2025-03-04 05:16 | 2025-03-03 | RUN | Sunrun Inc. | Fenster Edward Harris | Director | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $6.80 | 150,000 | $1,020,600 | 1,358,182 | +12.4% |
| 2025-03-04 01:13 | 2025-02-28 | GO | Grocery Outlet Holding Corp. | Ragatz Erik D. | Director | Retail-Grocery Stores | BUY | $12.25 | 165,000 | $2,021,250 | 201,500 | +452.1% |
| 2025-03-04 03:12 | 2025-02-27 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS, L.P. | 10% owner | Ophthalmic Goods | BUY | $16.99 | 663,761 | $11,275,574 | 11,953,198 | +5.9% |
| 2025-03-04 00:15 | 2025-02-27 | PBF | PBF Energy Inc. | Control Empresarial de Capitales S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $21.17 | 120,000 | $2,540,004 | 30,094,998 | +0.4% |
| 2025-03-04 00:20 | 2025-02-28 | CCO | Clear Channel Outdoor Holdings, Inc. | MORELAND W BENJAMIN | Director | Services-Advertising | BUY | $1.26 | 800,000 | $1,008,000 | 2,510,821 | +46.8% |
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.