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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012-07-03 19:30 | 2012-07-03 | TSRO | N/A | KOLLURI KRISHNA KITTU | 10% owner | Other | BUY | $13.50 | 1,111,111 | $14,999,999 | 11,499,255 | +10.7% |
| 2012-07-03 19:32 | 2012-07-03 | TSRO | N/A | SANDELL SCOTT D | 10% owner | Other | BUY | $13.50 | 1,111,111 | $14,999,999 | 11,499,255 | +10.7% |
| 2012-07-03 19:30 | 2012-07-03 | TSRO | N/A | KERINS PATRICK J | 10% owner | Other | BUY | $13.50 | 1,111,111 | $14,999,999 | 11,499,255 | +10.7% |
| 2012-07-03 19:27 | 2012-07-03 | TSRO | N/A | MOTT DAVID M | Director, 10% owner | Other | BUY | $13.50 | 1,111,111 | $14,999,999 | 11,499,255 | +10.7% |
| 2012-07-03 19:28 | 2012-07-03 | TSRO | N/A | BARRETT M JAMES | 10% owner | Other | BUY | $13.50 | 1,111,111 | $14,999,999 | 11,499,255 | +10.7% |
| 2012-07-03 21:38 | 2012-06-29 | PBYI | PUMA BIOTECHNOLOGY, INC. | ADAGE CAPITAL PARTNERS GP LLC | 10% owner | Pharmaceutical Preparations | BUY | $11.05 | 178,424 | $1,971,103 | 3,814,119 | +4.9% |
| 2012-07-03 22:16 | 2012-06-26 | AXK | N/A | PATIENCE JOHN | Director, 10% owner | Other | BUY | $1.03 | 14,000,000 | $14,420,000 | 14,000,000 | +100.0% |
| 2012-07-03 22:14 | 2012-06-26 | AXK | N/A | SCHULER JACK W | Director, 10% owner | Other | BUY | $1.03 | 14,000,000 | $14,420,000 | 14,000,000 | +100.0% |
| 2012-07-04 01:22 | 2012-06-27 | MNKD | MANNKIND CORP | MANN ALFRED E | Director, Officer, Other - Chairman & CEO | Pharmaceutical Preparations | BUY | $2.47 | 31,250,000 | $77,187,500 | 34,750,000 | +892.9% |
| 2012-07-03 19:28 | 2012-07-03 | TSRO | N/A | BARRIS PETER J | 10% owner | Other | BUY | $13.50 | 1,111,111 | $14,999,999 | 11,499,255 | +10.7% |
| 2012-07-03 19:31 | 2012-07-03 | TSRO | N/A | KRAMLICH C RICHARD | 10% owner | Other | BUY | $13.50 | 1,111,111 | $14,999,999 | 11,499,255 | +10.7% |
| 2012-07-02 23:53 | 2012-06-29 | SNTA | MADRIGAL PHARMACEUTICALS, INC. | Kovner Bruce | Director, 10% owner | Pharmaceutical Preparations | BUY | $5.45 | 910,000 | $4,959,318 | 6,816,048 | +15.4% |
| 2012-07-02 23:08 | 2012-06-28 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $83.97 | 59,528 | $4,998,751 | 38,723,154 | +0.2% |
| 2012-07-02 21:16 | 2012-06-28 | FCZA | CIVISTA BANCSHARES, INC. | MURRAY WILLIAM PATRICK | Director | State Commercial Banks | BUY | $906.00 | 5,698 | $5,162,388 | 5,698 | +100.0% |
| 2012-06-29 22:53 | 2012-06-29 | CPWM | N/A | BED BATH & BEYOND INC | 10% owner | Other | BUY | $22.00 | 37,096,522 | $816,123,484 | 37,096,522 | +100.0% |
| 2012-06-29 22:51 | 2012-06-29 | CPWM | N/A | Blue Coral Acquisition Corp. | 10% owner | Other | BUY | $22.00 | 37,096,522 | $816,123,484 | 37,096,522 | +100.0% |
| 2012-06-29 23:45 | 2012-06-27 | ETE | Energy Transfer LP | WARREN KELCY L | Director, 10% owner | Natural Gas Transmission | BUY | $39.48 | 239,975 | $9,473,325 | 1,739,975 | +16.0% |
| 2012-06-29 20:57 | 2012-06-27 | SOPW | SPI Energy Co., Ltd. | LDK Solar Co., Ltd. | 10% owner | Semiconductors & Related Devices | BUY | $0.45 | 9,771,223 | $4,397,050 | 141,517,570 | +7.4% |
| 2012-06-29 22:33 | 2012-06-13 | NOW | ServiceNow, Inc. | LEONE DOUGLAS M | Director, 10% owner | Services-Prepackaged Software | BUY | $16.85 | 337,500 | $5,687,516 | 337,500 | +100.0% |
| 2012-06-29 20:47 | 2012-06-27 | HMPR | N/A | Carlyle Group Management L.L.C. | 10% owner | Other | BUY | $0.70 | 18,520,747 | $12,964,523 | 26,391,440 | +235.3% |
| 2012-06-29 23:17 | 2012-06-27 | HMPR | N/A | ACMO-HR, L.L.C. | Director, 10% owner | Other | BUY | $0.70 | 19,197,431 | $13,438,202 | 26,391,440 | +266.9% |
| 2012-06-29 22:19 | 2012-05-04 | N-A | N/A | Medical Information Technology, Inc. Profit Sharing Trust | 10% owner | Other | BUY | $87,529.86 | 5,275 | $461,720,025 | 4,736,737 | +0.1% |
| 2012-06-29 21:22 | 2012-06-27 | RGNE | RING ENERGY, INC. | NESTRIPKE DENNY W | Director, Officer - Vice President | Crude Petroleum & Natural Gas | BUY | $250.00 | 25,000 | $6,250,000 | 58,000 | +75.8% |
| 2012-06-28 15:08 | 2012-06-26 | PGCG | N/A | Wong Weng Kung | Director, Officer - Chief Executive Officer | Other | BUY | $2.70 | 575,000 | $1,552,500 | 47,901,085 | +1.2% |
| 2012-06-29 00:33 | 2012-06-27 | HMPR | N/A | CapGen Capital Group VI LP | Director, 10% owner, Other | Other | BUY | $0.70 | 33,710,394 | $23,597,276 | 39,752,106 | +558.0% |
| 2012-06-27 22:48 | 2012-06-25 | TCB | N/A | Opperman Vance K | Director | Other | BUY | $25.00 | 40,000 | $1,000,000 | 40,000 | +100.0% |
| 2012-06-27 22:24 | 2012-06-25 | TCB | N/A | BIEBER WILLIAM F | Director | Other | BUY | $25.00 | 160,000 | $4,000,000 | 160,000 | +100.0% |
| 2012-06-27 23:27 | 2012-06-25 | LGDI | N/A | REGALS CAPITAL MANAGEMENT LP | 10% owner | Other | BUY | $0.10 | 22,640,725 | $2,264,073 | 46,914,015 | +93.3% |
| 2012-06-28 00:34 | 2012-06-26 | GCFB | N/A | Concept Development Partners LLC | 10% owner | Other | BUY | $2.08 | 3,125,000 | $6,500,000 | 3,264,298 | +2,243.4% |
| 2012-06-26 23:19 | 2012-06-22 | CNDO | Fortress Biotech, Inc. | ROSENWALD LINDSAY A MD | Director, 10% owner | Pharmaceutical Preparations | BUY | $5.00 | 200,000 | $1,000,000 | 2,659,001 | +8.1% |
| 2012-06-26 21:33 | 2012-06-22 | LIQT | LIQTECH INTERNATIONAL INC | ANDREASSEN LASSE | Director, Officer - Chief Executive Officer | Misc Industrial & Commercial Machinery & Equipment | BUY | $2.65 | 537,000 | $1,423,050 | 2,412,000 | +28.6% |
| 2012-06-26 22:55 | 2012-06-22 | BELFB | BEL FUSE INC /NJ | BERNSTEIN DANIEL | Director, Officer - President and CEO | Electronic Coils, Transformers & Other Inductors | BUY | $17.05 | 168,775 | $2,877,614 | 351,621 | +92.3% |
| 2012-06-25 18:31 | 2012-06-22 | ISRL | N/A | Naphtha Holding, LTD | 10% owner | Other | BUY | $88.30 | 20,000 | $1,766,000 | 1,675,637 | +1.2% |
| 2012-06-26 04:54 | 2012-06-21 | XCO | N/A | WL ROSS & CO LLC | 10% owner | Other | BUY | $6.78 | 700,000 | $4,746,770 | 83,401 | +100.0% |
| 2012-06-25 19:45 | 2012-06-22 | SONS | N/A | Empire Capital Management, L.L.C. | 10% owner | Other | BUY | $2.10 | 600,000 | $1,260,000 | 33,500,000 | +1.8% |
| 2012-06-26 04:53 | 2012-06-21 | XCO | N/A | ROSS WILBUR L JR | Director, 10% owner | Other | BUY | $6.78 | 700,000 | $4,746,770 | 83,401 | +100.0% |
| 2012-06-26 01:47 | 2012-06-22 | KNSY | N/A | Royal DSM N.V. | 10% owner | Other | BUY | $38.50 | 7,953,922 | $306,225,997 | 15,061,177 | +111.9% |
| 2012-06-22 18:04 | 2012-06-19 | TXI | N/A | NNS Holding | 10% owner | Other | BUY | $35.12 | 36,100 | $1,267,839 | 6,615,253 | +0.5% |
| 2012-06-22 23:08 | 2012-06-20 | ISRL | N/A | Naphtha Holding, LTD | 10% owner | Other | BUY | $89.50 | 25,000 | $2,237,500 | 1,655,637 | +1.5% |
| 2012-06-23 00:28 | 2012-06-20 | SUMR | N/A | WYNNEFIELD PARTNERS SMALL CAP VALUE LP | 10% owner | Other | BUY | $2.80 | 465,752 | $1,302,289 | 637,193 | +271.7% |
| 2012-06-21 16:52 | 2012-06-14 | ZBB | N/A | MARATHON CAPITAL MANAGEMENT | 10% owner | Other | BUY | $0.38 | 3,465,000 | $1,316,700 | 8,372,765 | +70.6% |
| 2012-06-20 23:40 | 2012-06-18 | N-A | Sixth Street Specialty Lending, Inc. | MSSB TPG Specialty Lending Onshore Feeder Fund | 10% owner | Other | BUY | $1,005.69 | 6,103 | $6,137,726 | 60,079 | +11.3% |
| 2012-06-21 00:53 | 2012-06-18 | N-A | Sixth Street Specialty Lending, Inc. | Waxman Alan | Officer - Vice President | Other | BUY | $1,005.67 | 2,184 | $2,196,383 | 21,571 | +11.3% |
| 2012-06-20 21:26 | 2012-06-18 | N-A | Sixth Street Specialty Lending, Inc. | Universities Superannuation Scheme Ltd as trustee for Universities Superannuation Scheme | 10% owner | Other | BUY | $1,005.64 | 3,971 | $3,993,396 | 39,257 | +11.3% |
| 2012-06-20 20:05 | 2012-06-14 | ZBB | N/A | MARATHON CAPITAL MANAGEMENT | 10% owner | Other | BUY | $0.38 | 3,242,500 | $1,232,150 | 8,150,265 | +66.1% |
| 2012-06-21 04:17 | 2012-06-18 | XCO | N/A | WL ROSS & CO LLC | 10% owner | Other | BUY | $6.85 | 1,300,000 | $8,906,690 | 1,947,682 | +200.7% |
| 2012-06-21 04:15 | 2012-06-18 | XCO | N/A | ROSS WILBUR L JR | Director, 10% owner | Other | BUY | $6.85 | 1,300,000 | $8,906,690 | 1,947,682 | +200.7% |
| 2012-06-19 19:11 | 2012-06-18 | CYBX | N/A | Alch Darren | Officer - VP & Asst Secretary | Other | BUY | $37.01 | 35,000 | $1,295,350 | 55,676 | +169.3% |
| 2012-06-19 18:51 | 2012-06-18 | N/A | N/A | Forman Michael C. | Director, Officer - President and CEO | Other | BUY | $9.00 | 111,111 | $1,000,000 | 111,111 | +100.0% |
| 2012-06-19 23:45 | 2012-06-15 | TSTF | DLH Holdings Corp. | WYNNEFIELD PARTNERS SMALL CAP VALUE LP | 10% owner | Services-Help Supply Services | BUY | $1.30 | 2,840,736 | $3,692,957 | 2,995,642 | +1,833.8% |
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.