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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012-05-08 23:34 | 2012-05-04 | SUPN | SUPERNUS PHARMACEUTICALS, INC. | BARRETT M JAMES | Director, 10% owner | Pharmaceutical Preparations | BUY | $5.00 | 4,400,000 | $22,000,000 | 10,641,250 | +70.5% |
| 2012-05-08 21:47 | 2012-05-08 | EVER | N/A | MYLOD ROBERT J JR | Director | Other | BUY | $10.00 | 500,000 | $5,000,000 | 574,934 | +667.3% |
| 2012-05-08 23:48 | 2012-05-07 | LPLA | LPL Financial Holdings Inc. | TPG Group Holdings (SBS) Advisors, Inc. | 10% owner | Security & Commodity Brokers, Dealers, Exchanges & Services | BUY | $33.38 | 7,250,000 | $241,996,300 | 26,960,185 | +36.8% |
| 2012-05-09 02:00 | 2012-05-04 | GHDX | N/A | BAKER JULIAN | Director, 10% owner | Other | BUY | $28.45 | 195,701 | $5,567,224 | 232,464 | +532.3% |
| 2012-05-09 02:22 | 2012-05-04 | CBRL | CRACKER BARREL OLD COUNTRY STORE, INC | BIGLARI, SARDAR | 10% owner, Other | Retail-Eating Places | BUY | $57.51 | 27,300 | $1,569,960 | 3,823,165 | +0.7% |
| 2012-05-08 23:18 | 2012-05-04 | SUPN | SUPERNUS PHARMACEUTICALS, INC. | ORBIMED ADVISORS LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $5.00 | 1,100,000 | $5,500,000 | 297,815 | +100.0% |
| 2012-05-08 23:34 | 2012-05-04 | SUPN | SUPERNUS PHARMACEUTICALS, INC. | NEW ENTERPRISE ASSOCIATES 11 LP | 10% owner | Pharmaceutical Preparations | BUY | $5.00 | 4,400,000 | $22,000,000 | 10,641,250 | +70.5% |
| 2012-05-08 23:34 | 2012-05-04 | SUPN | SUPERNUS PHARMACEUTICALS, INC. | NEWHALL CHARLES W III | Director, 10% owner | Pharmaceutical Preparations | BUY | $5.00 | 4,400,000 | $22,000,000 | 10,641,250 | +70.5% |
| 2012-05-07 18:44 | 2012-05-04 | SUPN | SUPERNUS PHARMACEUTICALS, INC. | SHEFFERY MICHAEL B | Director | Pharmaceutical Preparations | BUY | $5.00 | 1,100,000 | $5,500,000 | 297,815 | +100.0% |
| 2012-05-08 01:43 | 2012-05-03 | CAB | N/A | MARK REUBEN | Director | Other | BUY | $36.37 | 30,000 | $1,091,100 | 1,149,413 | +2.7% |
| 2012-05-08 01:00 | 2012-05-03 | PANL | UNIVERSAL DISPLAY CORP \PA\ | DISCOVERY CAPITAL MANAGEMENT, LLC / CT | 10% owner | Electronic Components & Accessories | BUY | $40.77 | 100,000 | $4,077,000 | 5,929,626 | +1.7% |
| 2012-05-04 15:34 | 2012-04-21 | HQGE | N/A | Zhong Yabin | 10% owner | Other | BUY | $0.53 | 11,348,500 | $5,959,097 | 18,968,500 | +148.9% |
| 2012-05-04 15:31 | 2012-04-21 | HQGE | N/A | He Guangwen | Director, Officer, 10% owner - Chairman, CEO, President | Other | BUY | $0.53 | 11,348,500 | $5,959,097 | 25,411,500 | +80.7% |
| 2012-05-05 00:25 | 2012-05-02 | STEI | N/A | Pentwater Capital Management LP | 10% owner | Other | BUY | $6.22 | 865,000 | $5,382,376 | 10,300,000 | +9.2% |
| 2012-05-05 02:35 | 2012-05-02 | JRN | N/A | MSDC Management, L.P. | 10% owner | Other | BUY | $4.09 | 1,205,500 | $4,930,013 | 5,636,609 | +27.2% |
| 2012-05-04 22:52 | 2012-05-02 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $27.32 | 1,431,914 | $39,118,888 | 68,856,483 | +2.1% |
| 2012-05-04 17:09 | 2012-05-03 | KEYN | N/A | Empire Capital Management, L.L.C. | 10% owner | Other | BUY | $15.27 | 595,600 | $9,093,799 | 2,555,000 | +30.4% |
| 2012-05-03 22:04 | 2012-05-03 | KYN | Kayne Anderson Energy Infrastructure Fund, Inc. | LINCOLN NATIONAL LIFE INSURANCE CO /IN/ | 10% owner | Other | BUY | $250,000.00 | 120 | $30,000,000 | 0 | +100.0% |
| 2012-05-04 00:54 | 2012-05-03 | TORM | N/A | TAN CHIN YOUNG | Director | Other | BUY | $2,875.00 | 500 | $1,437,500 | 8,496 | +6.3% |
| 2012-05-04 01:04 | 2012-05-03 | TORM | N/A | TAN CHIN YOUNG | Director | Other | BUY | $2,875.00 | 500 | $1,437,500 | 84,946 | +0.6% |
| 2012-05-04 01:21 | 2012-05-03 | TORM | N/A | SCHOMP MARK J | Officer - Vice President | Other | BUY | $2,900.00 | 1,000 | $2,900,000 | 14,420 | +7.5% |
| 2012-05-04 00:07 | 2012-05-03 | TORM | N/A | PAULSON BERNARD A | Director, 10% owner | Other | BUY | $506,412.93 | 192,095 | $97,279,392,057 | 610,161 | +45.9% |
| 2012-05-03 23:29 | 2012-05-03 | TORM | N/A | HARTMAN DOUGLAS M | Director, 10% owner | Other | BUY | $250,000.00 | 94,340 | $23,585,000,000 | 304,840 | +44.8% |
| 2012-05-03 23:07 | 2012-05-03 | TORM | N/A | HARTMAN DAVID H | Director, 10% owner | Other | BUY | $250,000.00 | 94,340 | $23,585,000,000 | 304,840 | +44.8% |
| 2012-05-04 00:01 | 2012-05-01 | ACRE | Ares Commercial Real Estate Corporation | ARES INVESTMENTS HOLDINGS LLC | 10% owner | Real Estate Investment Trusts | BUY | $18.50 | 500,000 | $9,250,000 | 2,000,000 | +33.3% |
| 2012-05-04 00:43 | 2012-05-03 | TORM | N/A | PAUKEN THOMAS W | Director | Other | BUY | $49,555.82 | 19,660 | $974,267,341 | 48,301 | +68.6% |
| 2012-05-03 17:53 | 2012-05-01 | SONS | N/A | Empire Capital Management, L.L.C. | 10% owner | Other | BUY | $2.83 | 500,000 | $1,414,000 | 29,000,000 | +1.8% |
| 2012-05-03 23:15 | 2012-05-01 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $27.50 | 1,167,700 | $32,113,385 | 67,424,569 | +1.8% |
| 2012-05-03 21:08 | 2012-05-01 | NBR | NABORS INDUSTRIES LTD | CRANE JAMES R | Director | Drilling Oil & Gas Wells | BUY | $17.34 | 58,000 | $1,005,720 | 82,000 | +241.7% |
| 2012-05-02 22:56 | 2012-05-02 | PGCG | N/A | Wong Weng Kung | Director, Officer - Chief Executive Officer | Other | BUY | $2.81 | 540,000 | $1,518,480 | 47,326,085 | +1.2% |
| 2012-05-02 18:59 | 2012-04-30 | FCEL | FUELCELL ENERGY INC | POSCO ENERGY CO, LTD | 10% owner | Electrical Industrial Apparatus | BUY | $1.50 | 20,000,000 | $30,000,000 | 30,786,418 | +185.4% |
| 2012-05-03 01:17 | 2012-04-30 | ARP | N/A | COHEN EDWARD E | Director, Officer - Chairman & CEO | Other | BUY | $20.00 | 200,000 | $4,000,000 | 270,344 | +284.3% |
| 2012-05-03 00:51 | 2012-04-30 | TWI | TITAN INTERNATIONAL INC | CASHIN RICHARD M JR | Director | Steel Works, Blast Furnaces & Rolling Mills (Coke Ovens) | BUY | $28.69 | 350,000 | $10,042,095 | 779,693 | +81.5% |
| 2012-05-03 01:19 | 2012-04-30 | ARP | N/A | COHEN JONATHAN Z | Director, Officer - Vice Chairman | Other | BUY | $20.00 | 200,000 | $4,000,000 | 270,344 | +284.3% |
| 2012-05-02 23:34 | 2012-04-30 | RSG | REPUBLIC SERVICES, INC. | CASCADE INVESTMENT LLC | 10% owner | Refuse Systems | BUY | $27.40 | 1,102,700 | $30,219,052 | 66,256,869 | +1.7% |
| 2012-05-01 21:51 | 2012-04-27 | KO | COCA COLA CO | DILLER BARRY | Director | Beverages | BUY | $76.98 | 264,000 | $20,321,558 | 2,000,000 | +15.2% |
| 2012-05-01 23:01 | 2012-04-27 | SGS | N/A | PEP VI International Ltd. | 10% owner | Other | BUY | $3.25 | 4,954,159 | $16,101,017 | 0 | +100.0% |
| 2012-05-01 23:00 | 2012-04-27 | SGS | N/A | AYALA CORP | 10% owner | Other | BUY | $3.25 | 4,954,159 | $16,101,017 | 0 | +100.0% |
| 2012-05-02 00:39 | 2012-04-27 | VPRT | CIMPRESS plc | Prescott General Partners LLC | 10% owner, Other | Commercial Printing | BUY | $40.03 | 250,000 | $10,007,400 | 110,815 | +100.0% |
| 2012-05-01 13:27 | 2012-04-26 | PBYI | PUMA BIOTECHNOLOGY, INC. | ADAGE CAPITAL PARTNERS GP LLC | 10% owner | Pharmaceutical Preparations | BUY | $13.70 | 122,195 | $1,673,534 | 3,622,195 | +3.5% |
| 2012-05-02 00:44 | 2012-05-01 | HMNC | N/A | LARSON CHRISTOPHER | Director, Officer - CFO | Other | BUY | $1,950.00 | 5,000 | $9,750,000 | 590,775 | +0.9% |
| 2012-05-01 23:45 | 2012-04-30 | CIT | N/A | THAIN JOHN A | Director, Officer - Chairman & CEO | Other | BUY | $37.61 | 28,651 | $1,077,507 | 318,763 | +9.9% |
| 2012-05-01 18:03 | 2012-04-30 | HES | N/A | HESS JOHN B | Director, Officer, 10% owner - Chairman of the Board and CEO | Other | BUY | $52.00 | 48,000 | $2,496,082 | 333,435 | +16.8% |
| 2012-05-02 00:21 | 2012-04-27 | WPZ | N/A | WILLIAMS COMPANIES INC | 10% owner | Other | BUY | $61.12 | 16,360,133 | $999,931,329 | 102,322,794 | +19.0% |
| 2012-05-01 01:28 | 2012-04-26 | PMTI | N/A | BROADWOOD PARTNERS LP | 10% owner | Other | BUY | $8.47 | 140,932 | $1,193,736 | 2,381,348 | +6.3% |
| 2012-05-01 02:07 | 2012-04-27 | AKAM | Akamai Technologies Inc. | LEIGHTON F THOMSON | Director, Officer - Chief Scientist | Services-Business Services, NEC | BUY | $33.14 | 100,000 | $3,314,000 | 2,834,772 | +3.7% |
| 2012-05-01 00:22 | 2012-04-27 | WSO | WATSCO INC | UNITED TECHNOLOGIES CORP /DE/ | 10% owner | Wholesale-Hardware & Plumbing & Heating Equipment & Supplies | BUY | $71.80 | 1,250,000 | $89,750,000 | 1,250,000 | +100.0% |
| 2012-04-27 23:21 | 2012-04-27 | SGS | N/A | SGS Holdings LLC | 10% owner | Other | BUY | $3.25 | 4,954,159 | $16,101,017 | 0 | +100.0% |
| 2012-04-27 23:22 | 2012-04-27 | SGS | N/A | Ares Corporate Opportunities Fund II, L.P. | Director, 10% owner | Other | BUY | $3.25 | 4,954,159 | $16,101,017 | 0 | +100.0% |
| 2012-04-26 23:40 | 2012-04-25 | PBYI | PUMA BIOTECHNOLOGY, INC. | ADAGE CAPITAL PARTNERS GP LLC | 10% owner | Pharmaceutical Preparations | BUY | $13.97 | 200,000 | $2,794,000 | 3,500,000 | +6.1% |
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.