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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012-08-17 00:39 | 2012-08-14 | EQY | N/A | KATZMAN CHAIM | Director, Officer, 10% owner - Chairman | Other | BUY | $21.20 | 500,000 | $10,600,000 | 9,203,134 | +5.7% |
| 2012-08-16 22:23 | 2012-08-15 | JWCA | N/A | CHILDS JOHN W | Director, Officer, 10% owner - Chairman & CEO | Other | BUY | $10.00 | 196,387 | $1,963,870 | 196,387 | +100.0% |
| 2012-08-16 02:16 | 2012-08-13 | DOLE | N/A | MURDOCK DAVID H | Director, Officer, 10% owner - Chairman | Other | BUY | $12.46 | 847,228 | $10,553,496 | 43,982,045 | +2.0% |
| 2012-08-16 01:31 | 2012-08-13 | ATSG | N/A | MESDAG WILLEM | 10% owner | Other | BUY | $4.71 | 637,000 | $3,000,079 | 7,776,277 | +8.9% |
| 2012-08-15 03:15 | 2012-08-10 | SIRI | SIRIUS XM HOLDINGS INC. | Liberty Media Corp | 10% owner | Radio Broadcasting Stations | BUY | $2.48 | 89,970,000 | $223,323,534 | 452,518,700 | +24.8% |
| 2012-08-14 04:11 | 2012-08-13 | PSMI | N/A | Pavey Robert | Director | Other | BUY | $14.00 | 200,000 | $2,800,000 | 3,751,013 | +5.6% |
| 2012-08-13 13:03 | 2012-08-09 | DOLE | N/A | MURDOCK DAVID H | Director, Officer, 10% owner - Chairman | Other | BUY | $12.48 | 112,531 | $1,404,409 | 42,134,817 | +0.3% |
| 2012-08-13 18:06 | 2012-08-03 | N/A | N/A | Salkind Michael | Director | Other | BUY | $8.15 | 224,986 | $1,833,636 | 202,946 | +100.0% |
| 2012-08-14 01:28 | 2012-08-13 | PSMI | N/A | MORGENTHALER PARTNERS VI | 10% owner | Other | BUY | $14.00 | 200,000 | $2,800,000 | 3,751,013 | +5.6% |
| 2012-08-13 21:53 | 2012-08-10 | UGI | UGI CORP /PA/ | HERMANCE FRANK S | Director | Gas & Other Services Combined | BUY | $30.36 | 35,000 | $1,062,600 | 65,000 | +116.7% |
| 2012-08-13 14:02 | 2012-08-09 | UAL | United Airlines Holdings, Inc. | SMISEK JEFFERY A | Director, Officer - President and CEO | Air Transportation, Scheduled | BUY | $18.00 | 55,600 | $1,000,861 | 339,184 | +19.6% |
| 2012-08-11 03:03 | 2012-08-08 | RT | N/A | Drapkin Matthew A | Director | Other | BUY | $6.50 | 196,526 | $1,276,613 | 116,953 | +100.0% |
| 2012-08-11 01:56 | 2012-08-08 | ATSG | N/A | MESDAG WILLEM | 10% owner | Other | BUY | $4.48 | 762,695 | $3,418,628 | 7,139,277 | +12.0% |
| 2012-08-11 03:10 | 2012-08-08 | RT | N/A | Becker Steven R | Director | Other | BUY | $6.50 | 196,526 | $1,276,613 | 116,953 | +100.0% |
| 2012-08-09 23:07 | 2012-08-07 | ZLTQ | N/A | VENROCK ASSOCIATES V LP | 10% owner | Other | BUY | $5.00 | 685,000 | $3,423,973 | 6,033,233 | +12.8% |
| 2012-08-09 23:06 | 2012-08-07 | ZLTQ | N/A | ROBERTS BRYAN E | Director, 10% owner | Other | BUY | $5.00 | 685,000 | $3,423,973 | 6,033,233 | +12.8% |
| 2012-08-10 03:27 | 2012-08-08 | KFN | N/A | HAZEN PAUL | Director | Other | BUY | $9.16 | 110,000 | $1,007,479 | 697,306 | +18.7% |
| 2012-08-10 00:19 | 2012-08-07 | IMAX | IMAX CORP | DOUGLAS KEVIN | 10% owner, Other | Photographic Equipment & Supplies | BUY | $21.79 | 300,000 | $6,536,730 | 873,645 | +52.3% |
| 2012-08-10 02:28 | 2012-08-07 | ZIP | N/A | CASE STEPHEN M | Director, 10% owner | Other | BUY | $7.69 | 265,976 | $2,045,276 | 265,976 | +100.0% |
| 2012-08-10 04:06 | 2012-08-08 | FB | Meta Platforms, Inc. | HASTINGS REED | Director | Services-Computer Programming, Data Processing, Etc. | BUY | $21.03 | 47,846 | $1,006,201 | 47,846 | +100.0% |
| 2012-08-09 02:50 | 2012-08-06 | RLJA | N/A | RLJ SPAC Acquisition, LLC | 10% owner | Other | BUY | $9.93 | 200,000 | $1,986,640 | 3,678,750 | +5.7% |
| 2012-08-09 02:52 | 2012-08-06 | DOLE | N/A | MURDOCK DAVID H | Director, Officer, 10% owner - Chairman | Other | BUY | $12.41 | 789,500 | $9,799,274 | 42,022,386 | +1.9% |
| 2012-08-08 19:21 | 2012-08-03 | N/A | N/A | Douglas Robert A. S. | Director | Other | BUY | $10.00 | 4,000,000 | $40,000,000 | 4,000,000 | +100.0% |
| 2012-08-09 00:32 | 2012-08-07 | LHCG | N/A | Coliseum Capital Management, LLC | 10% owner | Other | BUY | $16.54 | 84,546 | $1,398,678 | 2,213,670 | +4.0% |
| 2012-08-09 02:48 | 2012-08-06 | RLJA | N/A | JOHNSON ROBERT L | Director, Officer, 10% owner - Chairman of the Board | Other | BUY | $9.93 | 200,000 | $1,986,640 | 3,678,750 | +5.7% |
| 2012-08-09 00:22 | 2012-08-07 | LGDI | N/A | REGALS CAPITAL MANAGEMENT LP | 10% owner | Other | BUY | $0.07 | 23,431,180 | $1,640,183 | 70,345,195 | +49.9% |
| 2012-08-09 00:07 | 2012-08-08 | SGA | SAGA COMMUNICATIONS INC | TOWERVIEW LLC | 10% owner | Radio Broadcasting Stations | BUY | $35.17 | 87,839 | $3,089,631 | 971,533 | +9.9% |
| 2012-08-07 18:47 | 2012-07-31 | BICL | N/A | Clal Biotechnology Industries Ltd. | 10% owner | Other | BUY | $0.22 | 10,731,726 | $2,328,785 | 27,323,134 | +64.7% |
| 2012-08-08 01:13 | 2012-08-03 | N/A | N/A | Kobel Edward M | Director | Other | BUY | $10.00 | 1,000,000 | $10,000,000 | 1,000,000 | +100.0% |
| 2012-08-08 01:08 | 2012-08-03 | N/A | N/A | Lubeck Joseph | Director, Officer - Exec. Chairman of the Board | Other | BUY | $8.15 | 202,946 | $1,654,010 | 202,946 | +100.0% |
| 2012-08-07 19:54 | 2012-08-03 | THRX | Innoviva, Inc. | GLAXOSMITHKLINE PLC | 10% owner | Pharmaceutical Preparations | BUY | $28.21 | 316,334 | $8,923,782 | 26,130,755 | +1.2% |
| 2012-08-06 13:11 | 2012-08-02 | DOLE | N/A | MURDOCK DAVID H | Director, Officer, 10% owner - Chairman | Other | BUY | $12.08 | 411,600 | $4,970,070 | 41,232,886 | +1.0% |
| 2012-08-07 00:07 | 2012-08-06 | PGCG | N/A | Wong Weng Kung | Director, Officer - Chief Executive Officer | Other | BUY | $2.00 | 2,038,000 | $4,076,000 | 50,691,085 | +4.2% |
| 2012-08-06 21:30 | 2012-08-03 | N/A | N/A | Hanson Jeffrey T | Director, Officer - CEO & Chairman of the Board | Other | BUY | $9.00 | 111,613 | $1,004,517 | 140,651 | +384.4% |
| 2012-08-04 03:11 | 2012-07-09 | IGEN | Igen Networks Corp. | Chan Neil Gene | Director, Officer - CEO | Services-Help Supply Services | BUY | $5,999.15 | 20,000 | $119,983,000 | 20,000 | +100.0% |
| 2012-08-04 00:08 | 2012-08-01 | PSTR | N/A | Edelman & Guill Energy L.P. | Director, 10% owner | Other | BUY | $1.95 | 3,076,923 | $6,000,000 | 175,879 | +100.0% |
| 2012-08-03 23:26 | 2012-08-01 | HGSI | N/A | GLAXOSMITHKLINE PLC | Director, 10% owner | Other | BUY | $14.25 | 68,332,901 | $973,743,839 | 233,716,708 | +41.3% |
| 2012-08-03 23:13 | 2012-08-01 | EGL | N/A | ABRAMS CAPITAL MANAGEMENT, L.P. | 10% owner | Other | BUY | $14.85 | 205,146 | $3,047,423 | 1,852,824 | +12.5% |
| 2012-08-04 00:17 | 2012-08-01 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $28.72 | 1,648,155 | $47,332,539 | 76,349,060 | +2.2% |
| 2012-08-03 03:15 | 2012-07-31 | RT | N/A | Drapkin Matthew A | Director | Other | BUY | $6.26 | 222,800 | $1,395,552 | 94,560 | +100.0% |
| 2012-08-03 04:51 | 2012-06-13 | ZSTN | N/A | Deutsch Peter Eric | 10% owner | Other | BUY | $4.38 | 1,848,612 | $8,103,206 | 1,205,640 | +100.0% |
| 2012-08-03 04:49 | 2012-05-21 | ZSTN | N/A | Deutsch Peter Eric | 10% owner | Other | BUY | $2.24 | 610,354 | $1,364,691 | 2,141,104 | +39.9% |
| 2012-08-03 04:46 | 2012-04-27 | ZSTN | N/A | Deutsch Peter Eric | 10% owner | Other | BUY | $1.07 | 1,381,989 | $1,473,200 | 1,803,504 | +327.9% |
| 2012-08-02 19:35 | 2012-07-31 | HPTX | N/A | Panorama Capital, L.P. | 10% owner | Other | BUY | $10.00 | 550,000 | $5,500,000 | 1,860,597 | +42.0% |
| 2012-08-02 21:21 | 2012-07-31 | HPTX | N/A | New Enterprise Associates 12, Limited Partnership | 10% owner | Other | BUY | $10.00 | 500,000 | $5,000,000 | 2,884,221 | +21.0% |
| 2012-08-03 03:09 | 2012-07-31 | RT | N/A | Becker Steven R | Director | Other | BUY | $6.26 | 222,800 | $1,395,552 | 94,560 | +100.0% |
| 2012-08-02 21:17 | 2012-07-31 | HPTX | N/A | DRANT RYAN D | 10% owner | Other | BUY | $10.00 | 500,000 | $5,000,000 | 2,884,221 | +21.0% |
| 2012-08-03 01:29 | 2012-07-31 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS LP | 10% owner | Ophthalmic Goods | BUY | $5.14 | 296,718 | $1,524,181 | 6,376,449 | +4.9% |
| 2012-08-02 21:19 | 2012-07-31 | HPTX | N/A | BASKETT FOREST | 10% owner | Other | BUY | $10.00 | 500,000 | $5,000,000 | 2,884,221 | +21.0% |
| 2012-08-02 21:15 | 2012-07-31 | HPTX | N/A | KOLLURI KRISHNA KITTU | 10% owner | Other | BUY | $10.00 | 500,000 | $5,000,000 | 2,884,221 | +21.0% |
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.