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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2013-01-01 01:53 | 2012-12-27 | SD | SANDRIDGE ENERGY INC | FAIRFAX FINANCIAL HOLDINGS LTD/ CAN | 10% owner | Crude Petroleum & Natural Gas | BUY | $6.25 | 3,025,000 | $18,891,730 | 32,740,200 | +10.2% |
| 2013-01-01 00:08 | 2012-12-27 | HMA | N/A | GLENVIEW CAPITAL MANAGEMENT LLC | 10% owner | Other | BUY | $9.00 | 1,000,000 | $9,000,000 | 35,059,503 | +2.9% |
| 2012-12-31 23:55 | 2012-10-10 | N-A | N/A | Medical Information Technology, Inc. Profit Sharing Trust | 10% owner | Other | BUY | $413,430.98 | 29,192 | $12,068,877,215 | 4,775,009 | +0.6% |
| 2012-12-29 00:10 | 2012-12-26 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $94.71 | 67,571 | $6,399,399 | 40,980,737 | +0.2% |
| 2012-12-29 03:17 | 2012-12-26 | TIE | N/A | PRECISION CASTPARTS CORP | 10% owner | Other | BUY | $16.50 | 4,344,011 | $71,676,182 | 154,864,626 | +2.9% |
| 2012-12-28 00:39 | 2012-12-24 | AMRS | N/A | Al Thani Sheikh Abdullah bin Khalifa | Director | Other | BUY | $2.98 | 3,355,704 | $9,999,998 | 5,950,859 | +129.3% |
| 2012-12-27 23:09 | 2012-12-21 | SD | SANDRIDGE ENERGY INC | FAIRFAX FINANCIAL HOLDINGS LTD/ CAN | 10% owner | Crude Petroleum & Natural Gas | BUY | $6.19 | 4,975,000 | $30,812,165 | 29,715,200 | +20.1% |
| 2012-12-28 00:22 | 2012-12-21 | HMA | N/A | GLENVIEW CAPITAL MANAGEMENT LLC | 10% owner | Other | BUY | $9.07 | 450,000 | $4,081,500 | 34,059,503 | +1.3% |
| 2012-12-28 00:41 | 2012-12-24 | AMRS | N/A | DOERR L JOHN | Director | Other | BUY | $2.98 | 1,677,852 | $4,999,999 | 3,025,037 | +124.5% |
| 2012-12-27 00:06 | 2012-12-21 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $95.31 | 67,134 | $6,398,253 | 40,913,166 | +0.2% |
| 2012-12-26 14:35 | 2012-12-20 | DUNR | N/A | BlueMountain GP Holdings, LLC | 10% owner | Other | BUY | $1.60 | 4,579,283 | $7,326,853 | 1,145,638 | +100.0% |
| 2012-12-26 14:35 | 2012-12-20 | DUNR | N/A | BlueMountain Capital Management, LLC | 10% owner | Other | BUY | $1.60 | 7,801,879 | $12,483,006 | 379,597 | +100.0% |
| 2012-12-22 02:14 | 2012-12-19 | SBY | N/A | KESSLER IRVIN R | Director | Other | BUY | $18.50 | 300,000 | $5,550,000 | 200,000 | +100.0% |
| 2012-12-21 20:12 | 2012-12-20 | EQS | EQUUS TOTAL RETURN, INC. | des Pallieres Bertrand | Director | Other | BUY | $2.65 | 986,842 | $2,610,691 | 2,017,298 | +95.8% |
| 2012-12-21 19:36 | 2012-12-20 | PSTR | N/A | Edelman & Guill Energy L.P. | Director, 10% owner | Other | BUY | $1.42 | 4,577,464 | $6,499,999 | 329,019 | +100.0% |
| 2012-12-22 00:32 | 2012-12-19 | HMA | N/A | GLENVIEW CAPITAL MANAGEMENT LLC | 10% owner | Other | BUY | $9.16 | 4,980,227 | $45,620,871 | 33,609,503 | +17.4% |
| 2012-12-22 00:05 | 2012-12-20 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $96.24 | 33,390 | $3,213,343 | 40,846,032 | +0.1% |
| 2012-12-22 02:19 | 2012-12-21 | MNKD | MANNKIND CORP | MANN ALFRED E | Director, Officer, Other - Chairman & CEO | Pharmaceutical Preparations | BUY | $2.59 | 40,000,000 | $103,600,000 | 74,750,000 | +115.1% |
| 2012-12-20 22:00 | 2012-12-18 | SCTY | N/A | Pfund Nancy E | Director | Other | BUY | $8.00 | 300,000 | $2,400,000 | 928,977 | +47.7% |
| 2012-12-21 02:44 | 2012-12-18 | SPB | N/A | HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. | 10% owner, Other | Other | BUY | $44.94 | 333,778 | $14,999,983 | 29,893,186 | +1.1% |
| 2012-12-21 01:50 | 2012-11-13 | HMNC | N/A | LARSON CHRISTOPHER | Director, Officer - CFO | Other | BUY | $625.00 | 9,000 | $5,625,000 | 951,200 | +1.0% |
| 2012-12-21 00:08 | 2012-12-18 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $96.58 | 66,500 | $6,422,756 | 40,812,642 | +0.2% |
| 2012-12-21 02:43 | 2012-12-18 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $44.94 | 333,778 | $14,999,983 | 29,893,186 | +1.1% |
| 2012-12-21 04:00 | 2012-12-18 | SCTY | N/A | Fisher John H N | Director, 10% owner | Other | BUY | $8.00 | 1,500,000 | $12,000,000 | 61,375 | +100.0% |
| 2012-12-20 02:58 | 2012-12-18 | LMCA | N/A | MALONE JOHN C | Director, Officer, 10% owner - Chairman of the Board | Other | BUY | $115.00 | 490,597 | $56,418,655 | 490,597 | +100.0% |
| 2012-12-20 01:41 | 2012-12-18 | SCTY | N/A | Musk Elon | Director, 10% owner | Other | BUY | $8.00 | 1,875,000 | $15,000,000 | 20,724,991 | +9.9% |
| 2012-12-20 00:52 | 2012-09-28 | GTIM | Good Times Restaurants Inc. | Dobbin David | Director, 10% owner | Retail-Eating Places | BUY | $4.22 | 355,451 | $1,500,003 | 2,099,903 | +20.4% |
| 2012-12-20 00:09 | 2012-12-18 | SNTS | N/A | LOVE TED W | Director | Other | BUY | $10.88 | 185,000 | $2,012,800 | 335,500 | +122.9% |
| 2012-12-19 04:16 | 2012-12-14 | EPAQ | N/A | Empeiria Investors LLC | 10% owner | Other | BUY | $100.00 | 25,000 | $2,500,000 | 25,000 | +100.0% |
| 2012-12-18 21:43 | 2012-12-17 | NHF | NEXPOINT DIVERSIFIED REAL ESTATE TRUST | DONDERO JAMES D | Other | Real Estate Investment Trusts | BUY | $6.46 | 171,433 | $1,107,663 | 1,037,967 | +19.8% |
| 2012-12-19 01:30 | 2012-12-14 | RFP | N/A | FAIRFAX FINANCIAL HOLDINGS LTD/ CAN | 10% owner | Other | BUY | $12.17 | 919,521 | $11,192,042 | 24,776,520 | +3.9% |
| 2012-12-19 01:31 | 2012-12-17 | WRB | BERKLEY W R CORP | PATAFIO CLEMENT P | Officer - VP - Corporate Controller | Fire, Marine & Casualty Insurance | BUY | $39.33 | 63,570 | $2,500,272 | 126,883 | +100.4% |
| 2012-12-19 00:08 | 2012-12-14 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $93.02 | 68,975 | $6,416,192 | 40,746,142 | +0.2% |
| 2012-12-18 23:27 | 2012-12-17 | TISI | TEAM INC | HAWK PHILIP J | Director, Officer - CEO | Services-Miscellaneous Repair Services | BUY | $37.99 | 155,160 | $5,894,528 | 355,160 | +77.6% |
| 2012-12-19 03:34 | 2012-12-14 | NSH | N/A | GREEHEY WILLIAM E | Director, 10% owner | Other | BUY | $28.61 | 63,500 | $1,816,456 | 7,944,177 | +0.8% |
| 2012-12-18 03:44 | 2012-12-13 | NGL | NGL Energy Partners LP | KRIMBILL H MICHAEL | Director, Officer - CEO & CFO | Natural Gas Transmission | BUY | $21.80 | 150,000 | $3,269,925 | 200,000 | +300.0% |
| 2012-12-18 01:32 | 2012-12-13 | LAWS | Distribution Solutions Group, Inc. | PORT RONALD B | Director, 10% owner | Wholesale-Machinery, Equipment & Supplies | BUY | $8.68 | 584,677 | $5,074,996 | 1,281,041 | +84.0% |
| 2012-12-18 00:09 | 2012-12-13 | EGL | N/A | ABRAMS CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $19.00 | 140,000 | $2,660,000 | 2,658,339 | +5.6% |
| 2012-12-17 14:05 | 2012-10-16 | DUNR | N/A | BlueMountain GP Holdings, LLC | 10% owner | Other | BUY | $1.89 | 1,524,786 | $2,881,846 | 762,393 | +100.0% |
| 2012-12-17 14:03 | 2012-10-16 | DUNR | N/A | BlueMountain Capital Management, LLC | 10% owner | Other | BUY | $1.89 | 1,524,786 | $2,881,846 | 762,393 | +100.0% |
| 2012-12-15 01:22 | 2012-12-12 | N-A | N/A | SPH Manager, LLC | 10% owner | Other | BUY | $12.10 | 350,000 | $4,235,000 | 5,047,636 | +7.5% |
| 2012-12-14 20:14 | 2012-12-13 | AGAC | N/A | Youdai Zhan | Director, Officer - Chief Executive Officer | Other | BUY | $0.50 | 22,467,568 | $11,233,784 | 22,467,568 | +100.0% |
| 2012-12-15 00:06 | 2012-12-13 | CUBA | Herzfeld Credit Income Fund, Inc | HERZFELD ERIK MERVIN | Officer - Portfolio Manager | Other | BUY | $7,592.00 | 8,840 | $67,113,280 | 40,000 | +28.4% |
| 2012-12-15 02:56 | 2012-12-14 | CGI | N/A | WILL PAUL | Director, Officer - President & CEO | Other | BUY | $16.70 | 239,000 | $3,991,300 | 239,000 | +100.0% |
| 2012-12-15 00:07 | 2012-12-12 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $92.22 | 69,660 | $6,423,815 | 40,677,167 | +0.2% |
| 2012-12-15 04:44 | 2012-12-12 | CMLS | CUMULUS MEDIA INC | CRESTVIEW RADIO INVESTORS, LLC | Director, 10% owner | Radio Broadcasting Stations | BUY | $2.41 | 1,478,228 | $3,564,008 | 60,635,311 | +2.5% |
| 2012-12-15 01:30 | 2012-12-12 | NSH | N/A | GREEHEY WILLIAM E | Director, 10% owner | Other | BUY | $28.39 | 59,700 | $1,695,152 | 7,880,677 | +0.8% |
| 2012-12-13 14:58 | 2012-07-23 | MINE-OB | N/A | Vanis V. Scott | Director, 10% owner | Other | BUY | $522.15 | 28,213,334 | $14,731,665,703 | 10,000,000 | +100.0% |
| 2012-12-13 23:35 | 2012-12-11 | UIHC | American Coastal Insurance Corp. | Branch Gregory C | Director | Fire, Marine & Casualty Insurance | BUY | $5.17 | 427,647 | $2,212,988 | 101,848 | +100.0% |
| 2012-12-13 22:58 | 2012-12-11 | UIHC | American Coastal Insurance Corp. | HOOD III WILLIAM H. | Director | Fire, Marine & Casualty Insurance | BUY | $5.21 | 193,491 | $1,008,649 | 404,033 | +91.9% |
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.