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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2012-02-10 00:38 | 2012-02-07 | COSH | Cooper-Standard Holdings Inc. | Silver Point Capital L.P. | 10% owner | Motor Vehicle Parts & Accessories | BUY | $40.00 | 314,000 | $12,560,000 | 3,538,338 | +9.7% |
| 2012-02-09 00:46 | 2012-02-06 | WEN | Wendy's Co | PELTZ NELSON | Director, 10% owner | Retail-Eating & Drinking Places | BUY | $4.92 | 1,250,000 | $6,149,000 | 80,498,145 | +1.6% |
| 2012-02-09 00:45 | 2012-02-06 | WEN | Wendy's Co | MAY PETER W | Director, 10% owner | Retail-Eating & Drinking Places | BUY | $4.92 | 1,250,000 | $6,149,000 | 80,498,145 | +1.6% |
| 2012-02-09 00:48 | 2012-02-06 | WEN | Wendy's Co | Trian Fund Management, L.P. | 10% owner | Retail-Eating & Drinking Places | BUY | $4.92 | 1,250,000 | $6,149,000 | 80,498,145 | +1.6% |
| 2012-02-09 00:45 | 2012-02-06 | WEN | Wendy's Co | GARDEN EDWARD P | Director, 10% owner | Retail-Eating & Drinking Places | BUY | $4.92 | 1,250,000 | $6,149,000 | 80,498,145 | +1.6% |
| 2012-02-07 15:45 | 2012-02-01 | STTN | N/A | BONAR BRIAN | Director, Officer, 10% owner - President | Other | BUY | $2,169.28 | 78,500 | $170,288,841 | 21,998,499 | +0.4% |
| 2012-02-07 05:14 | 2012-02-02 | SPB | N/A | HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. | 10% owner, Other | Other | BUY | $29.85 | 68,800 | $2,053,935 | 28,207,708 | +0.2% |
| 2012-02-07 00:38 | 2012-02-03 | HAL | HALLIBURTON CO | GERBER MURRY | Director | Oil & Gas Field Services, NEC | BUY | $36.84 | 30,000 | $1,105,200 | 32,000 | +1,500.0% |
| 2012-02-07 05:13 | 2012-02-02 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $29.85 | 68,800 | $2,053,935 | 28,207,708 | +0.2% |
| 2012-02-06 23:34 | 2012-02-03 | UBP | N/A | BIDDLE WILLING L | Director, Officer, 10% owner - President and COO | Other | BUY | $20.00 | 100,000 | $2,000,000 | 2,388,245 | +4.4% |
| 2012-02-07 05:38 | 2012-02-03 | XCO | N/A | WL ROSS & CO LLC | 10% owner | Other | BUY | $6.95 | 865,000 | $6,011,923 | 77,234 | +100.0% |
| 2012-02-06 23:39 | 2012-02-03 | UBP | N/A | URSTADT CHARLES J | Director, Officer, 10% owner - Chairman of the Board and CEO | Other | BUY | $20.00 | 100,000 | $2,000,000 | 4,079,109 | +2.5% |
| 2012-02-04 01:01 | 2012-02-01 | WEN | Wendy's Co | PELTZ NELSON | Director, 10% owner | Retail-Eating & Drinking Places | BUY | $4.80 | 2,625,000 | $12,601,050 | 79,248,145 | +3.4% |
| 2012-02-04 01:00 | 2012-02-01 | WEN | Wendy's Co | MAY PETER W | Director, 10% owner | Retail-Eating & Drinking Places | BUY | $4.80 | 2,625,000 | $12,601,050 | 79,248,145 | +3.4% |
| 2012-02-04 02:59 | 2012-02-01 | N-A | Sixth Street Specialty Lending, Inc. | Waxman Alan | Officer - Vice President | Other | BUY | $985.21 | 3,741 | $3,685,671 | 11,716 | +46.9% |
| 2012-02-04 00:28 | 2012-02-01 | VSTM | Verastem, Inc. | Bessemer Venture Partners VII L.P. | Director, 10% owner | Pharmaceutical Preparations | BUY | $10.00 | 100,000 | $1,000,000 | 100,000 | +100.0% |
| 2012-02-04 00:56 | 2012-02-01 | WEN | Wendy's Co | Trian Fund Management, L.P. | 10% owner | Retail-Eating & Drinking Places | BUY | $4.80 | 2,625,000 | $12,601,050 | 79,248,145 | +3.4% |
| 2012-02-04 00:58 | 2012-02-01 | WEN | Wendy's Co | GARDEN EDWARD P | Director, 10% owner | Retail-Eating & Drinking Places | BUY | $4.80 | 2,625,000 | $12,601,050 | 79,248,145 | +3.4% |
| 2012-02-03 20:40 | 2012-02-01 | VSTM | Verastem, Inc. | CLARKE JOHN K | Director | Pharmaceutical Preparations | BUY | $10.00 | 250,000 | $2,500,000 | 2,234,126 | +12.6% |
| 2012-02-04 02:38 | 2012-02-01 | VSTM | Verastem, Inc. | MPM BIOVENTURES V LLC | Other | Pharmaceutical Preparations | BUY | $10.00 | 100,000 | $1,000,000 | 2,033,333 | +5.2% |
| 2012-02-03 20:40 | 2012-02-01 | VSTM | Verastem, Inc. | GADICKE ANSBERT | Director | Pharmaceutical Preparations | BUY | $10.00 | 100,000 | $1,000,000 | 3,740 | +100.0% |
| 2012-02-04 02:05 | 2012-02-01 | RDEA | N/A | TANG KEVIN C | Director, 10% owner | Other | BUY | $17.00 | 426,470 | $7,249,990 | 3,733,582 | +12.9% |
| 2012-02-04 01:52 | 2012-02-01 | RDEA | N/A | Baker Brothers Life Sciences Capital (GP), LLC | Director, 10% owner | Other | BUY | $17.00 | 876,828 | $14,906,076 | 4,922,226 | +21.7% |
| 2012-02-03 00:07 | 2012-01-31 | SPWR | N/A | TOTAL GAS & POWER USA, SAS | 10% owner | Other | BUY | $8.80 | 18,600,000 | $163,680,000 | 78,576,682 | +31.0% |
| 2012-02-03 05:13 | 2012-02-02 | BH | N/A | BIGLARI, SARDAR | Director, Officer, 10% owner - Chairman and CEO | Other | BUY | $399.94 | 3,000 | $1,199,821 | 9,263 | +47.9% |
| 2012-02-03 02:35 | 2012-02-02 | BLK | N/A | GERBER MURRY | Director | Other | BUY | $183.69 | 6,000 | $1,102,126 | 33,678 | +21.7% |
| 2012-02-02 02:00 | 2012-01-30 | SPB | N/A | HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. | 10% owner, Other | Other | BUY | $29.06 | 42,750 | $1,242,422 | 28,138,908 | +0.2% |
| 2012-02-02 01:58 | 2012-01-30 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $29.06 | 42,750 | $1,242,422 | 28,138,908 | +0.2% |
| 2012-01-31 20:02 | 2012-01-30 | IEP | ICAHN ENTERPRISES L.P. | ICAHN CARL C | Director, 10% owner, Other | Petroleum Refining | BUY | $36.79 | 411,755 | $15,149,825 | 92,233,846 | +0.4% |
| 2012-02-01 00:16 | 2012-01-27 | VSTM | Verastem, Inc. | CHP III LP | 10% owner | Pharmaceutical Preparations | BUY | $10.00 | 250,000 | $2,500,000 | 2,234,126 | +12.6% |
| 2012-02-01 01:51 | 2012-01-27 | VPRT | CIMPRESS plc | SMITH THOMAS W | 10% owner, Other | Commercial Printing | BUY | $34.63 | 250,079 | $8,659,511 | 1,336,679 | +23.0% |
| 2012-02-01 01:07 | 2012-01-27 | ANEN | N/A | Vintage Capital Management LLC | 10% owner, Other | Other | BUY | $16.80 | 164,000 | $2,755,200 | 1,684,000 | +10.8% |
| 2012-01-31 19:05 | 2012-01-30 | HES | N/A | HESS JOHN B | Director, Officer, 10% owner - Chairman of the Board and CEO | Other | BUY | $54.79 | 91,250 | $4,999,414 | 401,588 | +29.4% |
| 2012-01-31 04:12 | 2012-01-26 | STTN | N/A | BONAR BRIAN | Director, Officer, 10% owner - President | Other | BUY | $808.98 | 40,000 | $32,359,376 | 21,919,999 | +0.2% |
| 2012-01-31 04:34 | 2012-01-26 | CBRL | CRACKER BARREL OLD COUNTRY STORE, INC | BIGLARI, SARDAR | 10% owner, Other | Retail-Eating Places | BUY | $52.16 | 81,700 | $4,261,709 | 3,198,099 | +2.6% |
| 2012-01-28 04:02 | 2012-01-25 | SPB | N/A | HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. | 10% owner, Other | Other | BUY | $29.19 | 36,100 | $1,053,864 | 28,096,158 | +0.1% |
| 2012-01-28 04:01 | 2012-01-25 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $29.19 | 36,100 | $1,053,864 | 28,096,158 | +0.1% |
| 2012-01-28 00:15 | 2012-01-24 | INVA | N/A | Inova Technology Inc. | Director, Officer - President | Other | BUY | $125,000.00 | 6,944,444 | $868,055,500,000 | 35,700,884 | +24.1% |
| 2012-01-27 02:12 | 2012-01-24 | PCYC | N/A | Baker Biotech Capital (GP), LLC | 10% owner | Other | BUY | $18.09 | 85,993 | $1,555,484 | 407,211 | +26.8% |
| 2012-01-27 02:12 | 2012-01-24 | PCYC | N/A | Baker Brothers Life Sciences Capital (GP), LLC | 10% owner | Other | BUY | $18.09 | 500,652 | $9,056,044 | 8,574,445 | +6.2% |
| 2012-01-27 02:14 | 2012-01-24 | CFX | Enovis CORP | RALES MITCHELL P | Director, 10% owner | Orthopedic, Prosthetic & Surgical Appliances & Supplies | BUY | $23.04 | 2,170,139 | $50,000,003 | 11,296,361 | +23.8% |
| 2012-01-27 02:14 | 2012-01-24 | CFX | Enovis CORP | RALES STEVEN M | 10% owner | Orthopedic, Prosthetic & Surgical Appliances & Supplies | BUY | $23.04 | 2,170,139 | $50,000,003 | 11,296,361 | +23.8% |
| 2012-01-26 01:29 | 2012-01-23 | MRVC | N/A | MARTIN WILLIAM C | 10% owner | Other | BUY | $0.94 | 7,237,500 | $6,801,079 | 7,580,355 | +2,111.0% |
| 2012-01-26 03:54 | 2012-01-23 | CBRL | CRACKER BARREL OLD COUNTRY STORE, INC | BIGLARI, SARDAR | 10% owner, Other | Retail-Eating Places | BUY | $51.93 | 206,000 | $10,697,704 | 3,116,399 | +7.1% |
| 2012-01-25 01:00 | 2012-01-20 | IEP | ICAHN ENTERPRISES L.P. | ICAHN CARL C | Director, 10% owner, Other | Petroleum Refining | BUY | $36.79 | 12,583,829 | $463,000,596 | 91,822,091 | +15.9% |
| 2012-01-25 03:28 | 2012-01-20 | SPB | N/A | HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. | 10% owner, Other | Other | BUY | $29.31 | 37,100 | $1,087,386 | 28,060,058 | +0.1% |
| 2012-01-25 03:27 | 2012-01-20 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $29.31 | 37,100 | $1,087,386 | 28,060,058 | +0.1% |
| 2012-01-25 00:39 | 2012-01-20 | GEOY | N/A | FEINBERG STEPHEN | 10% owner | Other | BUY | $21.94 | 50,000 | $1,096,905 | 3,323,079 | +1.5% |
| 2012-01-25 01:42 | 2012-01-24 | KRO | KRONOS WORLDWIDE INC | SIMMONS HAROLD C | Director, Officer, 10% owner - Chairman of the Board | Industrial Inorganic Chemicals | BUY | $21.04 | 81,000 | $1,704,491 | 636,276 | +14.6% |
| 2012-01-24 01:09 | 2012-01-23 | N/A | N/A | APARTMENT INVESTMENT & MANAGEMENT CO | 10% owner | Other | BUY | $268.04 | 19,541 | $5,237,770 | 0 | +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.