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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012-06-01 01:43 | 2012-05-29 | PMTI | N/A | BROADWOOD PARTNERS LP | 10% owner | Other | BUY | $8.15 | 236,801 | $1,929,928 | 2,767,023 | +9.4% |
| 2012-06-01 00:01 | 2012-05-29 | FURX | N/A | ESHELMAN FREDRIC N | Director, 10% owner | Other | BUY | $19.91 | 168,752 | $3,359,616 | 2,467,641 | +7.3% |
| 2012-05-31 00:40 | 2012-05-25 | CVI | CVR ENERGY INC | ICAHN CARL C | Director, 10% owner | Petroleum Refining | BUY | $26.62 | 1,000,000 | $26,619,000 | 71,198,718 | +1.4% |
| 2012-05-30 23:28 | 2012-05-04 | HMNC | N/A | Grosberg Stephen Michael | 10% owner | Other | BUY | $7,187.52 | 298,000 | $2,141,880,006 | 10,382,001 | +3.0% |
| 2012-05-30 23:38 | 2012-05-25 | VRX | Bausch Health Companies Inc. | ValueAct Holdings, L.P. | Director, Other | Pharmaceutical Preparations | BUY | $48.16 | 197,193 | $9,496,184 | 17,156,495 | +1.2% |
| 2012-05-31 01:44 | 2012-05-25 | HPQ | HP INC | WHITWORTH RALPH V | Director | Computer & office Equipment | BUY | $22.47 | 13,148,735 | $295,433,667 | 29,483,252 | +80.5% |
| 2012-05-31 02:25 | 2012-05-25 | REN | N/A | SPO ADVISORY CORP | 10% owner | Other | BUY | $8.57 | 557,000 | $4,773,490 | 10,392,310 | +5.7% |
| 2012-05-29 22:36 | 2012-05-24 | ISRL | N/A | Naphtha Holding, LTD | 10% owner | Other | BUY | $95.00 | 21,000 | $1,995,000 | 1,591,137 | +1.3% |
| 2012-05-29 22:41 | 2012-05-24 | PDI | PIMCO Dynamic Income Fund | IVASCYN DANIEL J | Other | Other | BUY | $25.00 | 125,000 | $3,124,500 | 125,000 | +100.0% |
| 2012-05-29 23:09 | 2012-05-24 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $94.83 | 158,000 | $14,982,476 | 38,283,126 | +0.4% |
| 2012-05-30 01:36 | 2012-05-24 | SARA | N/A | Blackstone / GSO Capital Solutions Fund LP | 10% owner | Other | BUY | $6.25 | 800,000 | $5,000,000 | 4,800,000 | +20.0% |
| 2012-05-30 01:28 | 2012-05-24 | SARA | N/A | Blackstone Group L.P. | 10% owner | Other | BUY | $6.25 | 800,000 | $5,000,000 | 4,800,000 | +20.0% |
| 2012-05-25 20:50 | 2012-05-24 | LGND | LIGAND PHARMACEUTICALS INC | KNOTT DAVID M | Director | Pharmaceutical Preparations | BUY | $11.62 | 196,000 | $2,277,520 | 264,661 | +285.5% |
| 2012-05-25 23:29 | 2012-05-24 | SGY | N/A | Powell Donald E | Director | Other | BUY | $105.55 | 17,000 | $1,794,350 | 0 | +100.0% |
| 2012-05-26 01:09 | 2012-05-16 | ABH | N/A | STEELHEAD NAVIGATOR MASTER, L.P. | 10% owner | Other | BUY | $15.63 | 176,844 | $2,763,241 | 12,693,668 | +1.4% |
| 2012-05-26 01:12 | 2012-05-16 | ABH | N/A | STEELHEAD PARTNERS LLC | Other | Other | BUY | $15.63 | 176,844 | $2,763,241 | 12,890,823 | +1.4% |
| 2012-05-25 19:16 | 2012-05-23 | NDAQ | NASDAQ, INC. | INVESTOR AB | 10% owner | Security & Commodity Brokers, Dealers, Exchanges & Services | BUY | $21.71 | 100,000 | $2,170,900 | 19,394,142 | +0.5% |
| 2012-05-25 23:37 | 2012-05-23 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $26.50 | 178,785 | $4,737,946 | 72,672,293 | +0.2% |
| 2012-05-25 00:10 | 2012-05-22 | CVI | CVR ENERGY INC | ICAHN CARL C | Director, 10% owner | Petroleum Refining | BUY | $29.08 | 653,000 | $18,988,130 | 70,198,718 | +0.9% |
| 2012-05-25 00:56 | 2012-05-22 | VRX | Bausch Health Companies Inc. | ValueAct Holdings, L.P. | Director, Other | Pharmaceutical Preparations | BUY | $47.18 | 300,000 | $14,153,010 | 16,959,302 | +1.8% |
| 2012-05-25 01:13 | 2012-05-22 | USAP | N/A | PENNANT CAPITAL MANAGEMENT, LLC | 10% owner | Other | BUY | $42.41 | 26,827 | $1,137,749 | 924,127 | +3.0% |
| 2012-05-24 23:42 | 2012-05-24 | HMNC | N/A | LARSON CHRISTOPHER | Director, Officer - CFO | Other | BUY | $1,680.00 | 5,600 | $9,408,000 | 596,375 | +0.9% |
| 2012-05-24 17:01 | 2012-05-22 | SONS | N/A | Empire Capital Management, L.L.C. | 10% owner | Other | BUY | $2.32 | 1,155,000 | $2,682,141 | 32,400,000 | +3.7% |
| 2012-05-24 14:49 | 2012-05-24 | EPB | N/A | EL PASO CORP/DE | 10% owner | Other | BUY | $33.06 | 1,920,751 | $63,500,028 | 90,320,810 | +2.2% |
| 2012-05-25 00:03 | 2012-05-22 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $26.55 | 335,709 | $8,912,033 | 72,493,508 | +0.5% |
| 2012-05-24 23:31 | 2012-05-23 | BLK | N/A | GROSFELD JAMES | Director | Other | BUY | $160.00 | 50,000 | $8,000,000 | 204,208 | +32.4% |
| 2012-05-24 00:07 | 2012-05-23 | BBY | BEST BUY CO INC | Mikan George Lawrence III | Director, Officer - CEO - Interim | Retail-Radio, Tv & Consumer Electronics Stores | BUY | $18.24 | 100,000 | $1,823,570 | 106,000 | +1,666.7% |
| 2012-05-23 23:31 | 2012-05-14 | NDAQ | NASDAQ, INC. | INVESTOR AB | 10% owner | Security & Commodity Brokers, Dealers, Exchanges & Services | BUY | $23.53 | 300,000 | $7,060,350 | 19,254,142 | +1.6% |
| 2012-05-24 00:03 | 2012-05-21 | GHDX | N/A | BAKER JULIAN | Director, 10% owner | Other | BUY | $32.26 | 167,406 | $5,400,367 | 247,063 | +210.2% |
| 2012-05-23 23:23 | 2012-05-21 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $26.22 | 492,489 | $12,914,293 | 72,157,799 | +0.7% |
| 2012-05-23 00:10 | 2012-05-18 | STEI | N/A | Pentwater Capital Management LP | 10% owner | Other | BUY | $6.15 | 500,000 | $3,075,000 | 10,800,000 | +4.9% |
| 2012-05-22 23:33 | 2012-05-18 | HPP | Hudson Pacific Properties, Inc. | Farallon Capital Partners, L.P. | 10% owner, Other | Real Estate | BUY | $15.00 | 2,000,000 | $30,000,000 | 979,855 | +100.0% |
| 2012-05-22 23:25 | 2012-05-18 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $25.99 | 1,397,649 | $36,319,307 | 71,665,310 | +2.0% |
| 2012-05-22 23:24 | 2012-05-18 | AN | AutoNation Inc. | CASCADE INVESTMENT LLC | 10% owner | Retail-Auto Dealers & Gasoline Stations | BUY | $34.31 | 141,526 | $4,855,092 | 16,143,254 | +0.9% |
| 2012-05-22 23:33 | 2012-05-18 | HPP | Hudson Pacific Properties, Inc. | FARALLON PARTNERS L L C/CA | 10% owner, Other | Real Estate | BUY | $15.00 | 2,000,000 | $30,000,000 | 979,855 | +100.0% |
| 2012-05-22 00:40 | 2012-05-21 | ANGI | N/A | Kapner Steven M. | Director, 10% owner | Other | BUY | $13.00 | 230,769 | $2,999,997 | 11,618,769 | +2.0% |
| 2012-05-22 00:39 | 2012-05-21 | ANGI | N/A | Chuang John H. | Director, 10% owner | Other | BUY | $13.00 | 230,769 | $2,999,997 | 11,618,769 | +2.0% |
| 2012-05-22 03:19 | 2012-05-17 | VRX | Bausch Health Companies Inc. | ValueAct Holdings, L.P. | Director, Other | Pharmaceutical Preparations | BUY | $48.21 | 850,000 | $40,981,985 | 16,659,302 | +5.4% |
| 2012-05-22 01:53 | 2012-05-17 | USAP | N/A | PENNANT CAPITAL MANAGEMENT, LLC | 10% owner | Other | BUY | $42.70 | 43,400 | $1,853,319 | 897,300 | +5.1% |
| 2012-05-22 01:28 | 2012-05-21 | ANGI | N/A | TRI Ventures, Inc. | 10% owner | Other | BUY | $13.00 | 230,769 | $2,999,997 | 11,618,769 | +2.0% |
| 2012-05-21 18:43 | 2012-05-17 | SONS | N/A | Empire Capital Management, L.L.C. | 10% owner | Other | BUY | $2.37 | 2,245,000 | $5,316,160 | 31,245,000 | +7.7% |
| 2012-05-21 23:38 | 2012-05-17 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $25.92 | 457,670 | $11,860,564 | 70,267,661 | +0.7% |
| 2012-05-21 23:36 | 2012-05-17 | AN | AutoNation Inc. | CASCADE INVESTMENT LLC | 10% owner | Retail-Auto Dealers & Gasoline Stations | BUY | $34.34 | 304,129 | $10,444,733 | 16,001,728 | +1.9% |
| 2012-05-21 21:42 | 2012-05-18 | PSTX-OB | N/A | KINDERHOOK PARTNERS, LP | 10% owner | Other | BUY | $1.40 | 1,045,642 | $1,463,899 | 7,359,435 | +16.6% |
| 2012-05-21 19:54 | 2012-05-18 | LVLT | N/A | STT CROSSING LTD | 10% owner | Other | BUY | $22.48 | 1,454,346 | $32,692,098 | 55,498,593 | +2.7% |
| 2012-05-18 21:51 | 2012-05-16 | NBN | N/A | East Rock Capital, LLC | Director, Other | Other | BUY | $8.00 | 608,820 | $4,870,560 | 224,031 | +100.0% |
| 2012-05-18 21:34 | - | MCKE | N/A | Westrock Land Corp. | 10% owner | Other | BUY | $0.16 | 7,600,000 | $1,246,400 | 970,000 | +100.0% |
| 2012-05-18 23:50 | 2012-05-16 | CLR | N/A | Hamm Harold | Director, Officer, 10% owner - CEO & Chairman | Other | BUY | $71.68 | 100,000 | $7,168,260 | 123,259,048 | +0.1% |
| 2012-05-18 18:58 | 2012-05-16 | NBN | N/A | WAYNE RICHARD | Director, Officer - Chief Executive Officer | Other | BUY | $8.00 | 125,000 | $1,000,000 | 232,681 | +116.1% |
| 2012-05-18 19:22 | 2012-05-11 | FCVA | N/A | LEHMAN KENNETH R | 10% owner | Other | BUY | $2.00 | 4,869,075 | $9,738,150 | 4,869,075 | +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.