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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011-12-29 19:14 | 2011-12-28 | ASG | Liberty All-Star Growth Fund, Inc. | DST SYSTEMS INC | Other | Other | BUY | $4.32 | 421,494 | $1,821,613 | 2,775,555 | +17.9% |
| 2011-12-29 22:10 | 2011-12-27 | DNY | N/A | MILDRED B. HOREJSI TRUST | 10% owner | Other | BUY | $14.15 | 1,030,344 | $14,579,368 | 1,030,344 | +100.0% |
| 2011-12-28 23:57 | 2011-12-23 | RATE | N/A | MORSE PETER C | Director | Other | BUY | $19.63 | 618,579 | $12,139,613 | 4,524,231 | +15.8% |
| 2011-12-29 00:03 | 2011-12-23 | GEOY | N/A | FEINBERG STEPHEN | 10% owner | Other | BUY | $21.95 | 150,500 | $3,302,858 | 2,758,900 | +5.8% |
| 2011-12-29 01:32 | 2011-12-23 | XCO | N/A | WL ROSS & CO LLC | 10% owner | Other | BUY | $9.70 | 424,100 | $4,113,982 | 74,261 | +100.0% |
| 2011-12-27 19:21 | 2011-12-22 | N/A | N/A | Equinox Fund Management LLC | Other | Other | BUY | $154.81 | 8,074 | $1,250,000 | 21,620 | +59.6% |
| 2011-12-27 23:51 | 2011-12-23 | ETE | Energy Transfer LP | WARREN KELCY L | Director, 10% owner | Natural Gas Transmission | BUY | $36.25 | 1,000,000 | $36,250,000 | 19,175,550 | +5.5% |
| 2011-12-27 19:24 | 2011-12-22 | N/A | N/A | Equinox Fund Management LLC | Other | Other | BUY | $153.26 | 8,548 | $1,310,001 | 2,222 | +100.0% |
| 2011-12-28 04:45 | 2011-12-22 | SRZ | N/A | CARLSON CAPITAL L P | 10% owner | Other | BUY | $5.98 | 230,688 | $1,379,953 | 7,391,415 | +3.2% |
| 2011-12-24 01:51 | 2011-12-22 | ESGR | N/A | Rajpal Sumit | Director | Other | BUY | $86.00 | 134,184 | $11,539,824 | 665,529 | +25.3% |
| 2011-12-24 00:20 | 2011-12-21 | XCO | N/A | WL ROSS & CO LLC | 10% owner | Other | BUY | $9.72 | 363,063 | $3,527,302 | 73,091 | +100.0% |
| 2011-12-23 01:14 | 2011-12-20 | OZM | N/A | Windreich David | Director, Officer - Executive Managing Director | Other | BUY | $8.38 | 296,914 | $2,486,774 | 401,670 | +283.4% |
| 2011-12-23 03:55 | 2011-12-20 | PMTI | N/A | BROADWOOD PARTNERS LP | 10% owner | Other | BUY | $8.65 | 150,000 | $1,297,500 | 2,240,416 | +7.2% |
| 2011-12-23 02:18 | 2011-12-20 | SPB | N/A | HARBINGER CAPITAL PARTNERS MASTER FUND I, LTD. | 10% owner, Other | Other | BUY | $26.94 | 54,100 | $1,457,649 | 27,813,858 | +0.2% |
| 2011-12-22 19:33 | 2011-12-19 | NA | N/A | Wendland Walter W | Officer - CEO/President | Other | BUY | $15,000.00 | 5,000 | $75,000,000 | 55,000 | +10.0% |
| 2011-12-23 01:42 | 2011-12-21 | NRGM | N/A | SHERMAN JOHN J | Director, Officer - President/CEO/DIRECTOR | Other | BUY | $17.00 | 100,000 | $1,700,000 | 100,000 | +100.0% |
| 2011-12-23 04:12 | 2011-12-21 | CRFN | N/A | PIEDMONT COMMUNITY BANK HOLDINGS, INC. | 10% owner | Other | BUY | $4.75 | 6,114,168 | $29,042,298 | 24,864,168 | +32.6% |
| 2011-12-23 04:28 | 2011-12-20 | ECYT | N/A | Sanderling Venture Partners V, LP | 10% owner | Other | BUY | $3.18 | 435,600 | $1,385,208 | 871,461 | +99.9% |
| 2011-12-23 04:07 | 2011-12-20 | WMGI | N/A | OEPW, LLC | 10% owner | Other | BUY | $16.00 | 99,582 | $1,593,063 | 5,865,331 | +1.7% |
| 2011-12-23 00:20 | 2011-12-21 | KMR | N/A | WAUGHTAL PERRY M | Director | Other | BUY | $74.92 | 17,500 | $1,311,100 | 80,295 | +27.9% |
| 2011-12-23 02:17 | 2011-12-20 | SPB | N/A | HARBINGER GROUP INC. | 10% owner, Other | Other | BUY | $26.94 | 54,100 | $1,457,649 | 27,813,858 | +0.2% |
| 2011-12-23 01:31 | 2011-12-21 | FAC | N/A | FORD GERALD J | 10% owner | Other | BUY | $1.45 | 6,699,999 | $9,714,999 | 19,019,653 | +54.4% |
| 2011-12-22 00:05 | 2011-12-16 | IFAM | N/A | MONTGOMERY TODD | Director, Officer, 10% owner - CEO | Other | BUY | $0.10 | 22,686,500 | $2,268,650 | 39,731,330 | +133.1% |
| 2011-12-21 21:48 | 2011-12-19 | WTM | WHITE MOUNTAINS INSURANCE GROUP LTD | DAVIS MORGAN W | Director | Fire, Marine & Casualty Insurance | BUY | $429.34 | 5,000 | $2,146,712 | 21,090 | +31.1% |
| 2011-12-22 01:21 | 2011-12-19 | VPRT | CIMPRESS plc | SMITH THOMAS W | 10% owner, Other | Commercial Printing | BUY | $30.41 | 402,000 | $12,226,629 | 101,915 | +100.0% |
| 2011-12-22 01:50 | 2011-12-19 | CEP | N/A | PostRock Energy Corp | 10% owner | Other | BUY | $2.15 | 2,790,224 | $5,998,982 | 5,918,894 | +89.2% |
| 2011-12-21 22:44 | 2011-12-20 | LPI | Vital Energy, Inc. | ROONEY L F III | Director | Crude Petroleum & Natural Gas | BUY | $17.00 | 294,118 | $5,000,006 | 440,092 | +201.5% |
| 2011-12-22 05:53 | 2011-12-19 | SRZ | N/A | CARLSON CAPITAL L P | 10% owner | Other | BUY | $58.60 | 1,715,600 | $100,526,783 | 7,160,727 | +31.5% |
| 2011-12-20 17:59 | 2011-12-16 | N-A | Sixth Street Specialty Lending, Inc. | MSSB TPG Specialty Lending Onshore Feeder Fund | 10% owner | Other | BUY | $981.12 | 2,425 | $2,379,216 | 33,481 | +7.8% |
| 2011-12-20 18:21 | 2011-12-16 | N-A | Sixth Street Specialty Lending, Inc. | Universities Superannuation Scheme Ltd as trustee for Universities Superannuation Scheme | 10% owner | Other | BUY | $980.98 | 1,578 | $1,547,986 | 21,952 | +7.7% |
| 2011-12-21 00:41 | 2011-12-20 | ACHC | Acadia Healthcare Company, Inc. | WAUD REEVE B | Director, 10% owner | Services-Specialty Outpatient Facilities, NEC | BUY | $7.50 | 366,666 | $2,749,995 | 14,219,740 | +2.6% |
| 2011-12-21 01:52 | 2011-12-16 | TXI | N/A | NNS Holding | 10% owner | Other | BUY | $28.72 | 183,800 | $5,278,148 | 6,222,659 | +3.0% |
| 2011-12-21 00:02 | 2011-10-12 | INVA | N/A | Aunger Paul | Director | Other | BUY | $37,090.91 | 2,933,333 | $108,799,992,063 | 25,589,747 | +12.9% |
| 2011-12-20 03:18 | 2011-12-15 | OZM | N/A | Och Daniel | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $7.87 | 273,799 | $2,153,758 | 1,425,400 | +23.8% |
| 2011-12-20 02:21 | 2011-12-15 | CKH | N/A | LORENTZEN OIVIND | Director, Officer - Chief Executive Officer | Other | BUY | $85.79 | 45,500 | $3,903,258 | 6,500 | +100.0% |
| 2011-12-20 00:54 | 2011-12-15 | BWC | BWX Technologies, Inc. | MASON CAPITAL MANAGEMENT LLC | 10% owner | Engines & Turbines | BUY | $22.34 | 409,087 | $9,137,285 | 14,220,993 | +3.0% |
| 2011-12-20 00:31 | 2011-12-16 | CBPO | N/A | Warburg Pincus Private Equity X, L.P. | Director, 10% owner | Other | BUY | $11.44 | 253,236 | $2,895,931 | 6,267,917 | +4.2% |
| 2011-12-20 02:36 | 2011-12-15 | WMGI | N/A | OEPW, LLC | 10% owner | Other | BUY | $14.88 | 310,200 | $4,614,535 | 5,765,749 | +5.7% |
| 2011-12-20 00:10 | 2011-12-16 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $85.73 | 14,200 | $1,217,428 | 37,642,026 | +0.0% |
| 2011-12-20 00:03 | 2011-12-15 | GEOY | N/A | FEINBERG STEPHEN | 10% owner | Other | BUY | $21.91 | 152,900 | $3,349,626 | 2,568,400 | +6.3% |
| 2011-12-17 05:34 | 2011-12-14 | XCO | N/A | Oaktree Value Opportunities Fund GP Ltd. | Director, 10% owner | Other | BUY | $9.90 | 2,000,000 | $19,790,000 | 36,856,446 | +5.7% |
| 2011-12-17 05:34 | 2011-12-14 | XCO | N/A | Oaktree Capital Group Holdings GP, LLC | Director, 10% owner | Other | BUY | $9.90 | 2,000,000 | $19,790,000 | 36,856,446 | +5.7% |
| 2011-12-17 01:55 | 2011-12-14 | MEMP | N/A | Weinzierl John A | Director, Officer - President and CEO | Other | BUY | $19.00 | 105,263 | $1,999,997 | 105,263 | +100.0% |
| 2011-12-16 23:13 | 2011-12-14 | GLUU | N/A | Drapkin Matthew A | Director | Other | BUY | $3.00 | 447,097 | $1,341,291 | 166,111 | +100.0% |
| 2011-12-17 05:32 | 2011-12-14 | XCO | N/A | OAKTREE FUND GP I, L.P. | Director, 10% owner | Other | BUY | $9.90 | 2,000,000 | $19,790,000 | 36,856,446 | +5.7% |
| 2011-12-16 21:54 | 2011-12-14 | HTLD | HEARTLAND EXPRESS INC | CROUSE LAWRENCE D | Director, 10% owner | Trucking (No Local) | BUY | $13.70 | 648,000 | $8,874,360 | 7,015,000 | +10.2% |
| 2011-12-17 00:43 | 2011-12-14 | CBPO | N/A | Warburg Pincus Private Equity X, L.P. | Director, 10% owner | Other | BUY | $11.36 | 253,461 | $2,880,432 | 6,014,681 | +4.4% |
| 2011-12-16 23:39 | 2011-12-15 | ORCH | N/A | LABORATORY CORP OF AMERICA HOLDINGS | 10% owner | Other | BUY | $2.80 | 8,325,002 | $23,310,006 | 34,455,961 | +31.9% |
| 2011-12-17 00:27 | 2011-12-14 | VPHM | N/A | Baker Brothers Life Sciences Capital (GP), LLC | 10% owner | Other | BUY | $27.29 | 291,706 | $7,960,161 | 9,840,469 | +3.1% |
| 2011-12-17 00:27 | 2011-12-14 | VPHM | N/A | Baker Biotech Capital (GP), LLC | 10% owner | Other | BUY | $27.29 | 50,566 | $1,379,860 | 1,966,090 | +2.6% |
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.