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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011-12-01 01:17 | 2011-11-28 | PANL | UNIVERSAL DISPLAY CORP \PA\ | DISCOVERY CAPITAL MANAGEMENT, LLC / CT | 10% owner | Electronic Components & Accessories | BUY | $41.73 | 100,000 | $4,173,000 | 5,539,626 | +1.8% |
| 2011-11-29 23:17 | 2011-11-28 | N/A | N/A | Z Capital Partners, L.L.C. | 10% owner | Other | BUY | $11.00 | 738,000 | $8,118,000 | 2,894,555 | +34.2% |
| 2011-11-29 01:18 | 2011-11-23 | TXI | N/A | LONGLEAF PARTNERS FUNDS TRUST | 10% owner | Other | BUY | $22.46 | 390,000 | $8,761,116 | 7,495,000 | +5.5% |
| 2011-11-29 00:35 | 2011-11-23 | FDML | N/A | ICAHN CARL C | Director, 10% owner, Other | Other | BUY | $13.68 | 126,900 | $1,735,916 | 76,323,955 | +0.2% |
| 2011-11-29 01:37 | 2011-11-23 | LYB | LyondellBasell Industries N.V. | Apollo Management Holdings GP, LLC | 10% owner | Industrial Organic Chemicals | BUY | $28.68 | 1,278,700 | $36,670,814 | 171,132,110 | +0.8% |
| 2011-11-29 00:42 | 2011-11-23 | APEI | American Public Education Inc. | WEGLICKI TIMOTHY T | Director | Services-Educational Services | BUY | $36.70 | 344,600 | $12,647,130 | 344,600 | +100.0% |
| 2011-11-29 00:27 | 2011-11-23 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $92.03 | 47,000 | $4,325,612 | 37,329,926 | +0.1% |
| 2011-11-29 01:02 | 2011-11-25 | KRO | KRONOS WORLDWIDE INC | SIMMONS HAROLD C | Director, Officer, 10% owner - Chairman of the Board | Industrial Inorganic Chemicals | BUY | $18.18 | 100,000 | $1,817,600 | 545,276 | +22.5% |
| 2011-11-26 00:49 | 2011-11-22 | CMLS | CUMULUS MEDIA INC | CRESTVIEW RADIO INVESTORS, LLC | Director, 10% owner | Radio Broadcasting Stations | BUY | $2.81 | 831,047 | $2,334,079 | 58,576,258 | +1.4% |
| 2011-11-24 01:20 | 2011-11-21 | LYB | LyondellBasell Industries N.V. | Apollo Management Holdings GP, LLC | 10% owner | Industrial Organic Chemicals | BUY | $34.33 | 675,000 | $23,172,750 | 169,853,410 | +0.4% |
| 2011-11-23 18:56 | 2011-11-22 | VGR | N/A | FROST PHILLIP MD ET AL | 10% owner | Other | BUY | $17.71 | 5,648,122 | $100,000,000 | 11,569,384 | +95.4% |
| 2011-11-24 00:55 | 2011-11-21 | HALO | HALOZYME THERAPEUTICS, INC. | KIRK RANDAL J | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $8.03 | 277,723 | $2,230,116 | 1,915,947 | +17.0% |
| 2011-11-24 01:04 | 2011-11-21 | PCYC | N/A | Baker Brothers Life Sciences Capital (GP), LLC | 10% owner | Other | BUY | $12.57 | 242,498 | $3,047,618 | 7,138,178 | +3.5% |
| 2011-11-24 00:59 | 2011-11-21 | GHDX | N/A | Baker Brothers Life Sciences Capital (GP), LLC | Director, 10% owner | Other | BUY | $25.91 | 193,739 | $5,019,642 | 6,783,952 | +2.9% |
| 2011-11-23 19:07 | 2011-11-22 | VGR | N/A | LORBER HOWARD M | Director, Officer - President and CEO | Other | BUY | $17.71 | 500,000 | $8,852,500 | 2,569,497 | +24.2% |
| 2011-11-24 00:41 | 2011-11-23 | KRO | KRONOS WORLDWIDE INC | SIMMONS HAROLD C | Director, Officer, 10% owner - Chairman of the Board | Industrial Inorganic Chemicals | BUY | $17.88 | 167,666 | $2,997,851 | 445,276 | +60.4% |
| 2011-11-23 19:47 | 2011-11-22 | KMI | KINDER MORGAN, INC. | KINDER RICHARD D | Director, Officer, 10% owner - Chairman and CEO | Natural Gas Transmission | BUY | $25.35 | 19,723,865 | $499,999,978 | 20,976,733 | +1,574.3% |
| 2011-11-23 19:29 | 2011-11-22 | TTHI | N/A | SCHULER JACK W | 10% owner | Other | BUY | $1.35 | 1,925,926 | $2,600,000 | 2,823,010 | +214.7% |
| 2011-11-24 01:24 | 2011-11-21 | SLI | N/A | SPH Group Holdings LLC | 10% owner | Other | BUY | $17.96 | 62,210 | $1,117,466 | 989,441 | +6.7% |
| 2011-11-22 21:24 | 2011-11-21 | CLVS | N/A | Viswanathan Ravi | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 21:18 | 2011-11-21 | CLVS | N/A | NEW ENTERPRISE ASSOCIATES 13 LP | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-23 00:13 | 2011-11-18 | FDML | N/A | ICAHN CARL C | Director, 10% owner, Other | Other | BUY | $13.76 | 165,040 | $2,270,637 | 76,197,055 | +0.2% |
| 2011-11-23 02:46 | 2011-11-21 | PCRX | Pacira BioSciences, Inc. | Wicki Andreas | Director | Pharmaceutical Preparations | BUY | $6.50 | 307,692 | $1,999,998 | 3,445,289 | +9.8% |
| 2011-11-22 21:25 | 2011-11-21 | CLVS | N/A | Weller Harry R | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 22:04 | 2011-11-21 | PCRX | Pacira BioSciences, Inc. | MPM BioVentures IV QP LP | 10% owner | Pharmaceutical Preparations | BUY | $6.50 | 461,538 | $2,999,997 | 3,290,479 | +16.3% |
| 2011-11-22 21:20 | 2011-11-21 | CLVS | N/A | DRANT RYAN D | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 21:19 | 2011-11-21 | CLVS | N/A | BASKETT FOREST | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 21:22 | 2011-11-21 | CLVS | N/A | KOLLURI KRISHNA KITTU | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 21:23 | 2011-11-21 | CLVS | N/A | SANDELL SCOTT D | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 21:21 | 2011-11-21 | CLVS | N/A | KERINS PATRICK J | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-23 02:48 | 2011-11-21 | PCRX | Pacira BioSciences, Inc. | HBM BIOVENTURES CAYMAN LTD | 10% owner | Pharmaceutical Preparations | BUY | $6.50 | 307,692 | $1,999,998 | 3,445,289 | +9.8% |
| 2011-11-22 21:23 | 2011-11-21 | CLVS | N/A | MOTT DAVID M | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 21:19 | 2011-11-21 | CLVS | N/A | BARRETT M JAMES | Director, 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-23 01:56 | 2011-11-18 | CATY | CATHAY GENERAL BANCORP | TANG ANTHONY M | Director, Officer - EVP | State Commercial Banks | BUY | $12.72 | 402,330 | $5,118,603 | 1,665,091 | +31.9% |
| 2011-11-23 00:53 | 2011-11-21 | LYRI-OB | N/A | COMFORT WILLIAM T III | Director, Officer, 10% owner - Chairman, Board of Directors | Other | BUY | $0.11 | 19,047,619 | $2,000,000 | 20,028,689 | +1,941.5% |
| 2011-11-22 21:58 | 2011-11-21 | PCRX | Pacira BioSciences, Inc. | EVNIN LUKE | Director, 10% owner | Pharmaceutical Preparations | BUY | $6.50 | 461,538 | $2,999,997 | 3,290,479 | +16.3% |
| 2011-11-22 22:00 | 2011-11-21 | PCRX | Pacira BioSciences, Inc. | KAILIAN VAUGHN M | 10% owner | Pharmaceutical Preparations | BUY | $6.50 | 461,538 | $2,999,997 | 3,290,479 | +16.3% |
| 2011-11-23 00:34 | 2011-11-18 | VMW | N/A | EMC CORP | 10% owner | Other | BUY | $93.52 | 63,900 | $5,976,062 | 37,282,926 | +0.2% |
| 2011-11-23 01:01 | 2011-11-21 | CCMO | iHeartMedia, Inc. | ABRAMS CAPITAL MANAGEMENT, L.P. | Director, 10% owner | Radio Broadcasting Stations | BUY | $4.00 | 4,244,084 | $16,976,336 | 367,674 | +100.0% |
| 2011-11-23 02:57 | 2011-11-18 | DDMG | N/A | TEXTOR JOHN C | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $8.50 | 1,176,471 | $10,000,004 | 9,638,088 | +13.9% |
| 2011-11-23 00:29 | 2011-11-18 | LGND | LIGAND PHARMACEUTICALS INC | BVF PARTNERS L P/IL | 10% owner | Pharmaceutical Preparations | BUY | $10.65 | 511,040 | $5,442,167 | 2,068,326 | +32.8% |
| 2011-11-22 21:19 | 2011-11-21 | CLVS | N/A | BARRIS PETER J | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 21:22 | 2011-11-21 | CLVS | N/A | KRAMLICH C RICHARD | 10% owner | Other | BUY | $13.00 | 1,316,299 | $17,111,887 | 3,419,671 | +62.6% |
| 2011-11-22 01:53 | 2011-11-14 | TNLX | Trans-Lux Corporation | ZIZZA SALVATORE J | Director | Miscellaneous Manufacturing Industries | BUY | $50,000.00 | 2,500 | $125,000,000 | 2,500 | +100.0% |
| 2011-11-22 02:29 | 2011-11-17 | LYB | LyondellBasell Industries N.V. | Apollo Management Holdings GP, LLC | 10% owner | Industrial Organic Chemicals | BUY | $34.80 | 1,600,000 | $55,678,080 | 169,178,410 | +1.0% |
| 2011-11-22 04:27 | 2011-11-21 | CLVS | N/A | DOMAIN PARTERS VII L P | 10% owner | Other | BUY | $13.00 | 916,058 | $11,908,754 | 2,990,937 | +44.1% |
| 2011-11-22 04:54 | 2011-11-21 | CLVS | N/A | Halak Brian K | 10% owner | Other | BUY | $13.00 | 931,683 | $12,111,879 | 51,013 | +100.0% |
| 2011-11-21 19:43 | 2011-11-17 | CTCM | N/A | Aven Peter | Director | Other | BUY | $9.74 | 163,808 | $1,595,670 | 314,408 | +108.8% |
| 2011-11-21 22:24 | 2011-11-21 | CLVS | N/A | McKinley Edward J | Director | Other | BUY | $13.00 | 79,857 | $1,038,141 | 260,730 | +44.2% |
| 2011-11-22 04:57 | 2011-11-21 | CLVS | N/A | SCHOEMAKER KATHLEEN K | 10% owner | Other | BUY | $13.00 | 931,683 | $12,111,879 | 51,013 | +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.