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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012-09-19 23:24 | 2012-09-17 | CXE | MFS HIGH INCOME MUNICIPAL TRUST | CITIGROUP INC | 10% owner | Other | BUY | $25,000.00 | 3,675 | $91,875,000 | 3,675 | +100.0% |
| 2012-09-19 23:25 | 2012-09-17 | MFM | MFS MUNICIPAL INCOME TRUST | CITIGROUP INC | 10% owner | Other | BUY | $25,000.00 | 4,259 | $106,475,000 | 4,259 | +100.0% |
| 2012-09-20 03:42 | 2012-09-17 | RLJA | N/A | RLJ SPAC Acquisition, LLC | 10% owner | Other | BUY | $9.95 | 402,000 | $3,999,900 | 4,482,750 | +9.9% |
| 2012-09-19 17:13 | 2012-09-17 | NHF | NEXPOINT DIVERSIFIED REAL ESTATE TRUST | DONDERO JAMES D | Other | Real Estate Investment Trusts | BUY | $6.75 | 148,949 | $1,005,972 | 411,154 | +56.8% |
| 2012-09-20 03:40 | 2012-09-17 | RLJA | N/A | JOHNSON ROBERT L | Director, Officer, 10% owner - Chairman of the Board | Other | BUY | $9.95 | 402,000 | $3,999,900 | 4,482,750 | +9.9% |
| 2012-09-19 23:24 | 2012-09-17 | CCA | N/A | CITIGROUP INC | 10% owner | Other | BUY | $25,000.00 | 977 | $24,425,000 | 977 | +100.0% |
| 2012-09-20 00:28 | 2012-09-17 | CBRL | CRACKER BARREL OLD COUNTRY STORE, INC | BIGLARI, SARDAR | 10% owner, Other | Retail-Eating Places | BUY | $63.65 | 26,528 | $1,688,404 | 3,849,693 | +0.7% |
| 2012-09-19 00:57 | 2012-09-14 | NATR | NATURES SUNSHINE PRODUCTS INC | MESDAG WILLEM | Director | Pharmaceutical Preparations | BUY | $15.52 | 208,109 | $3,229,581 | 963,159 | +27.6% |
| 2012-09-19 00:50 | 2012-09-14 | CHK | EXPAND ENERGY Corp | DUNHAM ARCHIE W | Director | Crude Petroleum & Natural Gas | BUY | $20.00 | 75,000 | $1,499,738 | 326,391 | +29.8% |
| 2012-09-18 23:31 | 2012-09-17 | THC | TENET HEALTHCARE CORP | GLENVIEW CAPITAL MANAGEMENT LLC | 10% owner | Services-General Medical & Surgical Hospitals, NEC | BUY | $5.75 | 3,000,000 | $17,250,000 | 52,823,831 | +6.0% |
| 2012-09-18 04:46 | 2012-09-13 | RLJA | N/A | RLJ SPAC Acquisition, LLC | 10% owner | Other | BUY | $9.95 | 402,000 | $3,998,614 | 4,080,750 | +10.9% |
| 2012-09-17 13:01 | 2012-09-12 | ODP | ODP Corp | Starboard Value LP | 10% owner | Retail-Miscellaneous Shopping Goods Stores | BUY | $2.29 | 6,916,981 | $15,837,120 | 23,140,895 | +42.6% |
| 2012-09-18 04:48 | 2012-09-13 | RLJA | N/A | JOHNSON ROBERT L | Director, Officer, 10% owner - Chairman of the Board | Other | BUY | $9.95 | 402,000 | $3,998,614 | 4,080,750 | +10.9% |
| 2012-09-17 20:23 | 2012-09-13 | RGDX | N/A | BRIDGER MANAGEMENT, LLC | 10% owner | Other | BUY | $1.10 | 3,000,000 | $3,300,000 | 6,000,000 | +100.0% |
| 2012-09-18 00:15 | 2012-09-13 | EGL | N/A | ABRAMS CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $17.24 | 114,108 | $1,966,948 | 1,966,932 | +6.2% |
| 2012-09-17 22:17 | 2012-09-14 | BRKR | BRUKER CORP | LAUKIEN JOERG C | Director, 10% owner | Laboratory Analytical Instruments | BUY | $13.00 | 100,000 | $1,300,000 | 18,187,755 | +0.6% |
| 2012-09-17 22:17 | 2012-09-14 | BRKR | BRUKER CORP | LAUKIEN FRANK H | Director, Officer, 10% owner - CEO/President | Laboratory Analytical Instruments | BUY | $13.00 | 100,000 | $1,300,000 | 39,059,445 | +0.3% |
| 2012-09-14 23:13 | 2012-09-12 | CMU | MFS HIGH YIELD MUNICIPAL TRUST | CITIGROUP INC | 10% owner | Other | BUY | $25,000.00 | 2,844 | $71,100,000 | 2,844 | +100.0% |
| 2012-09-15 00:28 | 2012-09-12 | FRX | N/A | ICAHN CARL C | 10% owner | Other | BUY | $34.61 | 375,656 | $13,001,154 | 30,662,005 | +1.2% |
| 2012-09-14 23:24 | 2012-09-13 | AGCO | AGCO Corporation | SRINIVASAN MALLIKA | Director | Farm Machinery & Equipment | BUY | $45.18 | 103,466 | $4,674,615 | 217,545 | +90.7% |
| 2012-09-15 01:46 | 2012-09-13 | N-A | Sixth Street Specialty Lending, Inc. | Waxman Alan | Officer - Vice President | Other | BUY | $1,011.56 | 3,856 | $3,900,575 | 25,427 | +17.9% |
| 2012-09-14 19:30 | 2012-09-12 | SIRI | SIRIUS XM HOLDINGS INC. | Liberty Media Corp | 10% owner | Radio Broadcasting Stations | BUY | $2.44 | 11,097,162 | $27,032,687 | 569,735,799 | +2.0% |
| 2012-09-13 20:55 | 2012-09-11 | SGY | N/A | Powell Donald E | Director | Other | BUY | $106.50 | 50,000 | $5,325,000 | 0 | +100.0% |
| 2012-09-14 00:58 | 2012-06-30 | N-A | N/A | CAMPBELL D KEITH | 10% owner | Other | BUY | $15,941,083.13 | 14,139 | $225,397,287,044 | 14,139 | +100.0% |
| 2012-09-13 22:14 | 2011-03-21 | OVRL | N/A | CLINTON GROUP INC | 10% owner | Other | BUY | $1.77 | 2,879,718 | $5,103,436 | 2,879,718 | +100.0% |
| 2012-09-13 04:31 | 2012-09-12 | AGCO | AGCO Corporation | SRINIVASAN MALLIKA | Director | Farm Machinery & Equipment | BUY | $44.56 | 53,000 | $2,361,680 | 114,079 | +86.8% |
| 2012-09-12 17:37 | 2012-09-11 | AGCO | AGCO Corporation | SRINIVASAN MALLIKA | Director | Farm Machinery & Equipment | BUY | $44.24 | 61,079 | $2,702,135 | 61,079 | +100.0% |
| 2012-09-13 00:05 | 2012-07-25 | APPA | HERON THERAPEUTICS, INC. /DE/ | SPCH, LLLP | 10% owner | Pharmaceutical Preparations | BUY | $0.53 | 38,095,238 | $20,000,000 | 38,095,238 | +100.0% |
| 2012-09-13 01:47 | 2012-09-10 | PRSC | Modivcare Inc. | Coliseum Capital Management, LLC | Director, 10% owner | Transportation Services | BUY | $12.50 | 146,026 | $1,825,456 | 2,100,556 | +7.5% |
| 2012-09-12 23:34 | 2012-09-10 | NS | N/A | GREEHEY WILLIAM E | Director | Other | BUY | $48.94 | 490,000 | $23,980,600 | 2,086,687 | +30.7% |
| 2012-09-12 03:24 | 2012-09-07 | SIRI | SIRIUS XM HOLDINGS INC. | Liberty Media Corp | 10% owner | Radio Broadcasting Stations | BUY | $2.49 | 30,902,838 | $76,824,455 | 558,638,637 | +5.9% |
| 2012-09-11 15:15 | 2012-09-10 | CNIT | N/A | Lin Jiang Huai | Director, Officer, 10% owner - President and CEO | Other | BUY | $1.10 | 1,400,000 | $1,540,000 | 13,992,750 | +11.1% |
| 2012-09-12 00:40 | 2012-09-07 | INFI | N/A | Rosebay Medical Co L.P. | 10% owner | Other | BUY | $14.50 | 5,416,565 | $78,540,193 | 5,416,565 | +100.0% |
| 2012-09-12 00:40 | 2012-09-07 | INFI | N/A | Beacon Co | 10% owner | Other | BUY | $14.50 | 5,416,565 | $78,540,193 | 5,416,565 | +100.0% |
| 2012-09-10 19:08 | 2012-08-31 | ARL | American Realty Investors Inc. | Realty Advisors, LLC | 10% owner | Real Estate Operators (No Developers) & Lessors | BUY | $2.20 | 1,180,000 | $2,596,000 | 7,789,508 | +17.9% |
| 2012-09-08 01:24 | 2012-08-31 | URRE | WESTWATER RESOURCES, INC. | Resource Capital Fund V L.P. | 10% owner | Metal Mining | BUY | $0.73 | 34,330,474 | $24,999,451 | 44,590,041 | +334.6% |
| 2012-09-07 13:50 | 2012-09-05 | HQGE | N/A | Zhong Yabin | 10% owner | Other | BUY | $0.64 | 4,355,500 | $2,787,520 | 18,988,500 | +29.8% |
| 2012-09-07 13:50 | 2012-09-05 | HQGE | N/A | Nicestar International Ltd | 10% owner | Other | BUY | $0.64 | 4,355,500 | $2,787,520 | 11,368,500 | +62.1% |
| 2012-09-07 13:49 | 2012-09-05 | HQGE | N/A | He Guangwen | Director, Officer, 10% owner - Chairman, CEO, President | Other | BUY | $0.64 | 4,355,500 | $2,787,520 | 25,431,500 | +20.7% |
| 2012-09-07 13:49 | 2012-09-05 | HQGE-OB | N/A | Global Polytechnic Education Group Ltd | 10% owner | Other | BUY | $0.64 | 4,355,500 | $2,787,520 | 11,368,500 | +62.1% |
| 2012-09-08 01:01 | 2012-09-05 | SREV | N/A | Reynolds Barry D. | Director | Other | BUY | $9.68 | 361,815 | $3,500,850 | 113,083 | +100.0% |
| 2012-09-08 00:20 | 2012-09-07 | OPAY | N/A | Discovery Group I, LLC | 10% owner | Other | BUY | $3.90 | 299,800 | $1,169,220 | 0 | +100.0% |
| 2012-09-07 02:36 | 2012-09-04 | SIRI | SIRIUS XM HOLDINGS INC. | Liberty Media Corp | 10% owner | Radio Broadcasting Stations | BUY | $2.52 | 5,536,346 | $13,933,322 | 527,735,799 | +1.1% |
| 2012-09-06 23:07 | 2012-09-04 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $88.24 | 45,312 | $3,998,394 | 39,162,706 | +0.1% |
| 2012-09-07 00:15 | 2012-09-05 | ALTH | N/A | SPECTRUM PHARMACEUTICALS INC | 10% owner | Other | BUY | $1.82 | 130,854,840 | $238,155,809 | 1,000 | +100.0% |
| 2012-09-07 00:27 | 2012-09-04 | MATR | N/A | YOUNGER WILLIAM H JR | 10% owner | Other | BUY | $5.40 | 192,580 | $1,040,606 | 110,205 | +100.0% |
| 2012-09-07 00:27 | 2012-09-04 | MATR | N/A | WHITE JAMES N | 10% owner | Other | BUY | $5.40 | 195,260 | $1,055,087 | 16,188 | +100.0% |
| 2012-09-07 00:27 | 2012-09-04 | MATR | N/A | SWEET DAVID E | 10% owner | Other | BUY | $5.40 | 187,202 | $1,011,546 | 9,158 | +100.0% |
| 2012-09-07 00:27 | 2012-09-04 | MATR | N/A | SUTTER HILL VENTURES | 10% owner | Other | BUY | $5.40 | 185,962 | $1,004,846 | 2,218,043 | +9.2% |
| 2012-09-07 00:27 | 2012-09-04 | MATR | N/A | Speiser Michael L | 10% owner | Other | BUY | $5.40 | 188,441 | $1,018,241 | 8,005 | +100.0% |
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.