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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2011-11-22 04:52 | 2011-11-21 | CLVS | N/A | DOVEY BRIAN H | 10% owner | Other | BUY | $13.00 | 931,683 | $12,111,879 | 51,013 | +100.0% |
| 2011-11-22 05:01 | 2011-11-21 | CLVS | N/A | VITULLO NICOLE | 10% owner | Other | BUY | $13.00 | 931,683 | $12,111,879 | 51,013 | +100.0% |
| 2011-11-22 00:55 | 2011-11-17 | FUN | N/A | Q Funding III, L.P. | 10% owner | Other | BUY | $22.21 | 1,517,811 | $33,710,582 | 4,418,997 | +52.3% |
| 2011-11-22 01:17 | 2011-11-14 | TNLX | Trans-Lux Corporation | SCHIELE GEORGE W | Director | Miscellaneous Manufacturing Industries | BUY | $50,000.00 | 2,500 | $125,000,000 | 2,500 | +100.0% |
| 2011-11-22 05:25 | 2011-11-17 | CMLS | CUMULUS MEDIA INC | CRESTVIEW RADIO INVESTORS, LLC | Director, 10% owner | Radio Broadcasting Stations | BUY | $2.78 | 654,658 | $1,822,764 | 57,745,211 | +1.1% |
| 2011-11-22 04:23 | 2011-11-21 | CLVS | N/A | BLAIR JAMES C | Director, 10% owner | Other | BUY | $13.00 | 931,683 | $12,111,879 | 51,013 | +100.0% |
| 2011-11-22 04:59 | 2011-11-21 | CLVS | N/A | TREU JESSE I | 10% owner | Other | BUY | $13.00 | 931,683 | $12,111,879 | 51,013 | +100.0% |
| 2011-11-18 21:23 | 2011-11-17 | N/A | N/A | Z Capital Partners, L.L.C. | 10% owner | Other | BUY | $11.31 | 300,000 | $3,393,750 | 2,156,555 | +16.2% |
| 2011-11-19 02:53 | 2011-11-16 | NLNK | N/A | Stine Seed Farm, Inc. | 10% owner | Other | BUY | $7.00 | 2,142,857 | $14,999,999 | 6,197,245 | +52.9% |
| 2011-11-19 02:37 | 2011-11-18 | KRO | KRONOS WORLDWIDE INC | SIMMONS HAROLD C | Director, Officer, 10% owner - Chairman of the Board | Industrial Inorganic Chemicals | BUY | $19.21 | 100,000 | $1,920,530 | 277,610 | +56.3% |
| 2011-11-18 01:30 | 2011-11-15 | LYB | LyondellBasell Industries N.V. | Apollo Management Holdings GP, LLC | 10% owner | Industrial Organic Chemicals | BUY | $34.96 | 677,261 | $23,678,873 | 167,578,410 | +0.4% |
| 2011-11-18 01:29 | 2011-11-15 | SWS | N/A | Hilltop Holdings Inc. | 10% owner | Other | BUY | $5.28 | 744,400 | $3,931,251 | 1,101,800 | +208.3% |
| 2011-11-18 01:35 | 2011-11-15 | GHDX | N/A | Baker Brothers Life Sciences Capital (GP), LLC | Director, 10% owner | Other | BUY | $27.71 | 64,597 | $1,790,177 | 6,590,213 | +1.0% |
| 2011-11-18 01:10 | 2011-11-17 | TROP | N/A | ICAHN CARL C | Director, 10% owner | Other | BUY | $14.30 | 648,212 | $9,269,432 | 17,118,762 | +3.9% |
| 2011-11-18 01:35 | 2011-11-15 | SWS | N/A | FORD GERALD J | Director | Other | BUY | $5.28 | 744,400 | $3,931,251 | 1,101,800 | +208.3% |
| 2011-11-16 23:47 | 2011-11-14 | N/A | First Guaranty Bancshares, Inc. | Hood William K | Director | Savings Institution, Federally Chartered | BUY | $15.50 | 97,620 | $1,513,110 | 97,620 | +100.0% |
| 2011-11-17 01:24 | 2011-11-14 | HALO | HALOZYME THERAPEUTICS, INC. | KIRK RANDAL J | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $8.17 | 638,224 | $5,211,418 | 1,638,224 | +63.8% |
| 2011-11-16 20:12 | 2011-11-15 | WPO | Graham Holdings Co | DILLER BARRY | Director | Services-Educational Services | BUY | $345.27 | 3,000 | $1,035,810 | 4,000 | +300.0% |
| 2011-11-16 00:44 | 2011-11-11 | CCO | Clear Channel Outdoor Holdings, Inc. | CC Media Holdings Inc | 10% owner | Services-Advertising | BUY | $10.35 | 132,352 | $1,370,187 | 1,547,769 | +9.4% |
| 2011-11-15 05:16 | 2011-11-09 | LYB | LyondellBasell Industries N.V. | Apollo Management Holdings GP, LLC | 10% owner | Industrial Organic Chemicals | BUY | $34.30 | 2,002,784 | $68,698,095 | 166,901,149 | +1.2% |
| 2011-11-15 02:13 | 2011-11-09 | GHDX | N/A | Baker Brothers Life Sciences Capital (GP), LLC | Director, 10% owner | Other | BUY | $27.23 | 249,375 | $6,790,406 | 6,525,616 | +4.0% |
| 2011-11-15 01:21 | 2011-11-10 | TROP | N/A | ICAHN CARL C | Director, 10% owner | Other | BUY | $14.30 | 250,000 | $3,575,000 | 16,470,550 | +1.5% |
| 2011-11-15 04:24 | 2011-11-09 | ADPT-PK | N/A | SPH Group Holdings LLC | 10% owner | Other | BUY | $25.93 | 50,000 | $1,296,300 | 4,361,998 | +1.2% |
| 2011-11-11 00:36 | 2011-11-08 | CCO | Clear Channel Outdoor Holdings, Inc. | CC Media Holdings Inc | 10% owner | Services-Advertising | BUY | $10.42 | 168,927 | $1,760,659 | 1,415,417 | +13.6% |
| 2011-11-09 21:21 | 2011-11-09 | IMPV | N/A | Chandna Asheem | Director | Other | BUY | $18.00 | 108,266 | $1,948,788 | 5,413 | +100.0% |
| 2011-11-10 04:51 | 2011-11-09 | RLD | N/A | Lewis Michael V | Director, Officer, 10% owner - CEO and Chairman of the Board | Other | BUY | $9.45 | 105,815 | $1,000,026 | 5,381,526 | +2.0% |
| 2011-11-09 21:22 | 2011-11-09 | IMPV | N/A | GOUW RANZETTA THERESIA | Director, 10% owner | Other | BUY | $18.00 | 295,281 | $5,315,058 | 19,932 | +100.0% |
| 2011-11-09 21:34 | 2011-11-09 | IMPV | N/A | KRAMER SHLOMO | Director, Officer, 10% owner - President and CEO | Other | BUY | $18.00 | 69,579 | $1,252,422 | 1,480,122 | +4.9% |
| 2011-11-10 01:25 | 2011-11-09 | IMPV | N/A | KRAUSZ STEVEN M | Director, 10% owner | Other | BUY | $18.00 | 152,919 | $2,752,542 | 704 | +100.0% |
| 2011-11-09 22:53 | 2011-11-09 | IMPV | N/A | VENROCK ASSOCIATES III LP | 10% owner | Other | BUY | $18.00 | 153,369 | $2,760,642 | 153,369 | +100.0% |
| 2011-11-09 21:25 | 2011-11-09 | IMPV | N/A | ACCEL VIII LP | 10% owner | Other | BUY | $18.00 | 295,281 | $5,315,058 | 19,932 | +100.0% |
| 2011-11-10 02:15 | 2011-11-08 | CHK | EXPAND ENERGY Corp | SIMPSON LOUIS A | Director | Crude Petroleum & Natural Gas | BUY | $26.69 | 100,000 | $2,669,110 | 300,000 | +50.0% |
| 2011-11-10 01:24 | 2011-11-09 | IMPV | N/A | PRESIDIO MANAGEMENT GROUP VIII L L C | 10% owner | Other | BUY | $18.00 | 152,919 | $2,752,542 | 704 | +100.0% |
| 2011-11-10 02:04 | 2011-11-07 | ADPT-PK | N/A | SPH Group Holdings LLC | 10% owner | Other | BUY | $25.79 | 53,048 | $1,368,076 | 4,311,998 | +1.2% |
| 2011-11-09 04:20 | 2011-11-04 | LHCG | N/A | Coliseum Capital Management, LLC | 10% owner | Other | BUY | $14.00 | 103,014 | $1,441,805 | 1,981,988 | +5.5% |
| 2011-11-09 00:28 | 2011-11-04 | FURX | N/A | ESHELMAN FREDRIC N | Director, 10% owner | Other | BUY | $15.97 | 264,070 | $4,218,201 | 1,610,273 | +19.6% |
| 2011-11-08 00:44 | 2011-11-03 | CCO | Clear Channel Outdoor Holdings, Inc. | CC Media Holdings Inc | 10% owner | Services-Advertising | BUY | $10.27 | 248,240 | $2,550,443 | 1,246,490 | +24.9% |
| 2011-11-08 02:46 | 2011-11-03 | WMGI | N/A | OEPW, LLC | 10% owner | Other | BUY | $15.00 | 434,408 | $6,514,252 | 4,648,027 | +10.3% |
| 2011-11-08 02:10 | 2011-11-03 | GHDX | N/A | Baker Brothers Life Sciences Capital (GP), LLC | Director, 10% owner | Other | BUY | $25.94 | 209,512 | $5,435,056 | 6,276,241 | +3.5% |
| 2011-11-08 00:23 | 2011-11-03 | PANL | UNIVERSAL DISPLAY CORP \PA\ | DISCOVERY CAPITAL MANAGEMENT, LLC / CT | 10% owner | Electronic Components & Accessories | BUY | $42.56 | 150,000 | $6,384,000 | 57,030 | +100.0% |
| 2011-11-05 00:08 | 2011-11-04 | JEF | N/A | STEINBERG JOSEPH S | Director | Other | BUY | $11.35 | 500,000 | $5,673,900 | 58,006,024 | +0.9% |
| 2011-11-05 00:06 | 2011-11-04 | JEF | N/A | CUMMING IAN M. | Director | Other | BUY | $11.35 | 500,000 | $5,673,900 | 58,006,024 | +0.9% |
| 2011-11-04 20:41 | 2011-11-04 | JEF | N/A | LEUCADIA NATIONAL CORP | 10% owner | Other | BUY | $11.35 | 500,000 | $5,673,900 | 58,006,024 | +0.9% |
| 2011-11-04 23:37 | 2011-10-31 | CYH | COMMUNITY HEALTH SYSTEMS INC | SMITH WAYNE T | Director, Officer - Chairman, President & CEO | Services-General Medical & Surgical Hospitals, NEC | BUY | $17.69 | 100,000 | $1,769,200 | 102,000 | +5,000.0% |
| 2011-11-03 17:09 | 2011-11-01 | KO | COCA COLA CO | DILLER BARRY | Director | Beverages | BUY | $67.11 | 100,000 | $6,711,290 | 1,736,000 | +6.1% |
| 2011-11-03 22:52 | 2011-11-03 | JEF | N/A | STEINBERG JOSEPH S | Director | Other | BUY | $11.84 | 1,000,000 | $11,843,900 | 57,506,024 | +1.8% |
| 2011-11-03 22:51 | 2011-11-03 | JEF | N/A | CUMMING IAN M. | Director | Other | BUY | $11.84 | 1,000,000 | $11,843,900 | 57,506,024 | +1.8% |
| 2011-11-03 21:53 | 2011-11-03 | JEF | N/A | LEUCADIA NATIONAL CORP | 10% owner | Other | BUY | $11.84 | 1,000,000 | $11,843,900 | 57,506,024 | +1.8% |
| 2011-11-03 21:25 | 2011-11-01 | THRX | Innoviva, Inc. | GLAXOSMITHKLINE PLC | 10% owner | Pharmaceutical Preparations | BUY | $22.23 | 58,411 | $1,298,477 | 15,725,953 | +0.4% |
| 2011-11-04 01:40 | 2011-11-02 | SLM | SLM Corp | LORD ALBERT L | Director, Officer - Vice Chairman & CEO | Personal Credit Institutions | BUY | $13.70 | 100,000 | $1,370,450 | 505,195 | +24.7% |
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.