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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2024-09-18 03:13 | 2024-09-16 | MBX | MBX Biosciences, Inc. | ORBIMED ADVISORS LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $16.00 | 750,000 | $12,000,000 | 653,787 | +100.0% |
| 2024-09-18 01:16 | 2024-09-17 | BCAX | Bicara Therapeutics Inc. | Flynn James E | 10% owner, Other | Pharmaceutical Preparations | BUY | $18.00 | 70,000 | $1,260,000 | 897,587 | +8.5% |
| 2024-09-17 04:05 | 2024-09-13 | ISPO | Inspirato Inc | One Planet Group LLC | 10% owner | Blank Checks | BUY | $5,420,020.00 | 1,580,180 | $8,564,607,203,600 | 2,795,451 | +130.0% |
| 2024-09-17 03:54 | 2024-09-16 | ZBIO | Zenas BioPharma, Inc. | Fairmount Funds Management LLC | Director | Pharmaceutical Preparations | BUY | $17.00 | 300,000 | $5,100,000 | 1,604,891 | +23.0% |
| 2024-09-16 23:43 | 2024-09-12 | ACDC | ProFrac Holding Corp. | THRC Holdings, LP | 10% owner | Oil & Gas Field Services, NEC | BUY | $6.17 | 353,635 | $2,181,928 | 79,197,549 | +0.4% |
| 2024-09-16 17:54 | 2024-09-13 | PCT | PureCycle Technologies, Inc. | SYLEBRA CAPITAL LLC | 10% owner | Plastic Materials, Synth Resins & Nonvulcan Elastomers | BUY | $4.69 | 4,264,393 | $20,000,003 | 33,050,456 | +14.8% |
| 2024-09-17 03:51 | 2024-09-16 | ZBIO | Zenas BioPharma, Inc. | SR ONE CAPITAL MANAGEMENT, LLC | 10% owner | Pharmaceutical Preparations | BUY | $17.00 | 2,235,294 | $37,999,998 | 1,110,237 | +100.0% |
| 2024-09-16 23:05 | 2024-09-12 | LQDA | Liquidia Corp | Manning Paul B | Director | Pharmaceutical Preparations | BUY | $8.90 | 337,078 | $2,999,994 | 816,311 | +70.3% |
| 2024-09-17 03:59 | 2024-09-13 | ISPO | Inspirato Inc | Zamani Payam | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Blank Checks | BUY | $5,420,020.00 | 1,580,180 | $8,564,607,203,600 | 2,795,451 | +130.0% |
| 2024-09-17 03:54 | 2024-09-16 | ZBIO | Zenas BioPharma, Inc. | Nunn Jason Raleigh | Director | Pharmaceutical Preparations | BUY | $17.00 | 882,352 | $14,999,984 | 1,110,237 | +387.2% |
| 2024-09-17 03:57 | 2024-09-16 | ZBIO | Zenas BioPharma, Inc. | ENRIGHT PATRICK G | Director | Pharmaceutical Preparations | BUY | $17.00 | 440,000 | $7,480,000 | 774,530 | +131.5% |
| 2024-09-16 17:35 | 2024-09-13 | PI | IMPINJ INC | SYLEBRA CAPITAL LLC | 10% owner | Electronic Components, NEC | BUY | $4.69 | 4,264,393 | $20,000,003 | 33,050,456 | +14.8% |
| 2024-09-13 19:36 | 2024-09-11 | BEN | FRANKLIN RESOURCES INC | JOHNSON CHARLES B | 10% owner | Investment Advice | BUY | $19.08 | 100,000 | $1,907,990 | 89,308,192 | +0.1% |
| 2024-09-13 23:36 | 2024-09-11 | BTSG | BrightSpring Health Services, Inc. | KKR Phoenix Aggregator L.P. | 10% owner | Services-Home Health Care Services | BUY | $11.13 | 11,619,998 | $129,330,578 | 92,959,984 | +14.3% |
| 2024-09-14 00:19 | 2024-09-12 | RIG | Transocean Ltd. | Perestroika | Director, 10% owner | Drilling Oil & Gas Wells | BUY | $4.13 | 1,500,000 | $6,195,000 | 91,074,894 | +1.7% |
| 2024-09-14 00:17 | 2024-09-12 | RIG | Transocean Ltd. | Perestroika (Cyprus) Ltd | Director, 10% owner | Drilling Oil & Gas Wells | BUY | $4.13 | 1,500,000 | $6,195,000 | 91,074,894 | +1.7% |
| 2024-09-14 00:15 | 2024-09-12 | RIG | Transocean Ltd. | Mohn Frederik Wilhelm | Director, 10% owner | Drilling Oil & Gas Wells | BUY | $4.13 | 1,500,000 | $6,195,000 | 91,074,894 | +1.7% |
| 2024-09-14 00:53 | 2024-09-11 | PBF | PBF Energy Inc. | Control Empresarial de Capitales S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $31.28 | 845,000 | $26,433,375 | 22,702,398 | +3.9% |
| 2024-09-14 01:41 | 2024-09-12 | REFLX | N/A | IVASCYN DANIEL J | 10% owner, Other | Other | BUY | $10.51 | 300,000 | $3,153,000 | 2,558,889 | +13.3% |
| 2024-09-13 23:42 | 2024-09-11 | LGF | STARZ ENTERTAINMENT CORP /CN/ | Liberty 77 Capital L.P. | 10% owner | Services-Motion Picture & Video Tape Production | BUY | $6.74 | 264,194 | $1,781,909 | 2,168,779 | +13.9% |
| 2024-09-14 02:27 | 2023-05-25 | REED | REED'S, INC. | DENG Shufen | Director, 10% owner | Bottled & Canned Soft Drinks & Carbonated Waters | BUY | $1.78 | 4,429,337 | $7,903,266 | 4,429,337 | +100.0% |
| 2024-09-13 23:44 | 2024-09-11 | BTSG | BrightSpring Health Services, Inc. | KKR Group Partnership L.P. | 10% owner | Services-Home Health Care Services | BUY | $11.13 | 11,619,998 | $129,330,578 | 92,959,984 | +14.3% |
| 2024-09-13 04:58 | 2024-09-06 | CNTM | ConnectM Technology Solutions, Inc. | Choudhury Mahesh | Officer - See Remarks | Construction - Special Trade Contractors | BUY | $22,026.85 | 53,900 | $1,187,246,999 | 202,038 | +36.4% |
| 2024-09-13 04:58 | 2024-09-06 | CNTM | ConnectM Technology Solutions, Inc. | Panigrahi Bhaskar | Director, Officer - See Remarks | Construction - Special Trade Contractors | BUY | $41,036.79 | 68,944 | $2,829,240,650 | 4,176,043 | +1.7% |
| 2024-09-13 01:31 | 2024-09-11 | CGNT | Cognyte Software Ltd. | Topline Capital Management, LLC | Other | Services-Prepackaged Software | BUY | $6.31 | 969,631 | $6,114,202 | 9,020,184 | +12.0% |
| 2024-09-13 01:40 | 2024-09-11 | CGNT | Cognyte Software Ltd. | Topline Capital Partners, LP | 10% owner | Services-Prepackaged Software | BUY | $6.31 | 969,631 | $6,114,202 | 9,020,184 | +12.0% |
| 2024-09-12 23:14 | 2024-09-10 | PR | Permian Resources Corp | Quinn William J | Director | Crude Petroleum & Natural Gas | BUY | $12.79 | 312,429 | $3,994,811 | 312,429 | +100.0% |
| 2024-09-13 01:52 | 2024-09-10 | APPN | Appian Corporation | Abdiel Capital Advisors, LP | 10% owner | Services-Prepackaged Software | BUY | $31.24 | 43,378 | $1,355,246 | 10,079,424 | +0.4% |
| 2024-09-12 23:05 | 2024-09-10 | APTV | Aptiv PLC | CLARK KEVIN P | Director, Officer - Chairman and CEO | Motor Vehicle Parts & Accessories | BUY | $65.45 | 29,770 | $1,948,563 | 363,940 | +8.9% |
| 2024-09-11 23:46 | 2024-09-09 | ACDC | ProFrac Holding Corp. | THRC Holdings, LP | 10% owner | Oil & Gas Field Services, NEC | BUY | $6.44 | 265,007 | $1,706,248 | 78,843,915 | +0.3% |
| 2024-09-11 23:10 | 2024-09-09 | CCD | Calamos Dynamic Convertible & Income Fund | MetLife Investment Management, LLC | 10% owner | Other | BUY | $25.00 | 440,000 | $11,000,000 | 40,000 | +100.0% |
| 2024-09-11 23:02 | 2024-09-09 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $5.30 | 473,030 | $2,507,059 | 71,286,414 | +0.7% |
| 2024-09-11 23:10 | 2024-09-09 | PBF | PBF Energy Inc. | Control Empresarial de Capitales S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $31.98 | 770,000 | $24,622,906 | 21,857,398 | +3.7% |
| 2024-09-11 23:09 | 2024-09-09 | CHY | CALAMOS CONVERTIBLE & HIGH INCOME FUND | MetLife Investment Management, LLC | 10% owner | Other | BUY | $25.00 | 800,000 | $20,000,000 | 108,000 | +100.0% |
| 2024-09-11 23:10 | 2024-09-09 | CHI | CALAMOS CONVERTIBLE OPPORTUNITIES & INCOME FUND | MetLife Investment Management, LLC | 10% owner | Other | BUY | $25.00 | 840,000 | $21,000,000 | 92,000 | +100.0% |
| 2024-09-11 23:22 | 2024-09-10 | HLT | Hilton Worldwide Holdings Inc. | MCHALE JUDITH | Director | Hotels & Motels | BUY | $210.81 | 4,750 | $1,001,361 | 26,175 | +22.2% |
| 2024-09-11 23:28 | 2024-09-09 | CNX | CNX Resources Corp | LANIGAN BERNARD JR | Director | Crude Petroleum & Natural Gas | BUY | $26.81 | 75,000 | $2,010,750 | 401,820 | +22.9% |
| 2024-09-11 02:27 | 2024-09-06 | CLAR | Clarus Corp | KANDERS WARREN B | Director, Officer, 10% owner - Executive Chairman | Sporting & Athletic Goods, NEC | BUY | $4.14 | 280,000 | $1,160,040 | 4,125,527 | +7.3% |
| 2024-09-10 23:29 | 2024-09-04 | CNTM | ConnectM Technology Solutions, Inc. | Panigrahi Bhaskar | Director, Officer - See Remarks | Construction - Special Trade Contractors | BUY | $57,441.00 | 65,274 | $3,749,403,834 | 4,107,099 | +1.6% |
| 2024-09-10 23:28 | 2024-09-04 | CNTM | ConnectM Technology Solutions, Inc. | Choudhury Mahesh | Officer - See Remarks | Construction - Special Trade Contractors | BUY | $36,398.63 | 78,596 | $2,860,786,991 | 148,138 | +113.0% |
| 2024-09-10 23:01 | 2024-09-06 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $5.26 | 750,000 | $3,945,000 | 70,813,384 | +1.1% |
| 2024-09-10 01:15 | 2024-09-05 | ACDC | ProFrac Holding Corp. | THRC Holdings, LP | 10% owner | Oil & Gas Field Services, NEC | BUY | $6.21 | 381,359 | $2,366,600 | 78,578,908 | +0.5% |
| 2024-09-10 01:15 | 2024-09-05 | APPN | Appian Corporation | Abdiel Capital Advisors, LP | 10% owner | Services-Prepackaged Software | BUY | $30.58 | 67,965 | $2,078,383 | 10,036,046 | +0.7% |
| 2024-09-10 01:02 | 2024-09-06 | BSM | Black Stone Minerals, L.P. | Carter Thomas L Jr | Director, Officer - CEO, President, and Chairman | Crude Petroleum & Natural Gas | BUY | $14.12 | 100,000 | $1,411,800 | 3,133,128 | +3.3% |
| 2024-09-09 23:01 | 2024-09-05 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $5.26 | 218,957 | $1,151,276 | 70,063,384 | +0.3% |
| 2024-09-09 23:38 | 2024-09-05 | PBF | PBF Energy Inc. | Control Empresarial de Capitales S.A. de C.V. | 10% owner, Other | Petroleum Refining | BUY | $32.45 | 1,257,800 | $40,813,346 | 21,087,398 | +6.3% |
| 2024-09-09 23:35 | 2024-09-05 | TALO | TALOS ENERGY INC. | Control Empresarial de Capitales S.A. de C.V. | 10% owner, Other | Crude Petroleum & Natural Gas | BUY | $10.84 | 323,000 | $3,502,612 | 42,858,904 | +0.8% |
| 2024-09-06 23:40 | 2024-09-03 | CNTM | ConnectM Technology Solutions, Inc. | Choudhury Mahesh | Officer - See Remarks | Construction - Special Trade Contractors | BUY | $61,892.00 | 69,542 | $4,304,093,464 | 69,542 | +100.0% |
| 2024-09-06 23:01 | 2024-09-04 | PSEC | PROSPECT CAPITAL CORP | Barry John F | Director, Officer, 10% owner - CHIEF EXECUTIVE OFFICER | Other | BUY | $5.23 | 750,000 | $3,922,500 | 69,844,427 | +1.1% |
| 2024-09-05 22:25 | 2024-09-04 | CAPIX | N/A | Koudounis John S. | Director, Officer - Vice President | Other | BUY | $10.65 | 108,147 | $1,151,764 | 119,973 | +914.5% |
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.