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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-12-02 02:18 | 2023-11-29 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.63 | 407,341 | $6,365,640 | 20,690,623 | +2.0% |
| 2023-12-02 02:11 | 2023-11-29 | CEM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $37.80 | 45,788 | $1,730,782 | 2,135,698 | +2.2% |
| 2023-12-02 00:21 | 2023-12-01 | DRTT | DIRTT ENVIRONMENTAL SOLUTIONS LTD | English Aron R. | Director, 10% owner | Services-Prepackaged Software | BUY | $0.51 | 4,524,378 | $2,292,955 | 25,880,788 | +21.2% |
| 2023-12-02 01:56 | 2023-11-29 | ATEX | Anterix Inc. | ALTMAN JEFFREY A | Director, 10% owner | Telephone Communications (No Radiotelephone) | BUY | $32.77 | 124,192 | $4,069,685 | 124,192 | +100.0% |
| 2023-12-02 02:35 | 2023-11-29 | NXJ | NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND | Saba Capital Management, L.P. | 10% owner | Other | BUY | $11.50 | 87,312 | $1,003,739 | 5,261,856 | +1.7% |
| 2023-12-02 00:23 | 2023-11-29 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $74.07 | 145,121 | $10,749,229 | 18,835,303 | +0.8% |
| 2023-12-02 03:36 | 2023-11-29 | PLSE | PULSE BIOSCIENCES, INC. | DUGGAN ROBERT W | Director, 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $9.38 | 218,600 | $2,049,790 | 60,000 | +100.0% |
| 2023-12-01 01:59 | 2023-03-30 | TMTC | N/A | 2TM Holding LP | 10% owner | Other | BUY | $10.00 | 370,000 | $3,700,000 | 2,095,000 | +21.4% |
| 2023-12-01 02:56 | 2023-11-29 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.88 | 283,885 | $3,940,040 | 14,429,940 | +2.0% |
| 2023-12-01 02:54 | 2023-11-29 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $7.21 | 605,566 | $4,363,164 | 38,524,204 | +1.6% |
| 2023-12-01 03:08 | 2023-11-28 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS, L.P. | 10% owner | Ophthalmic Goods | BUY | $31.50 | 434,991 | $13,703,826 | 10,537,835 | +4.3% |
| 2023-12-01 02:46 | 2023-11-29 | ASA | ASA Gold and Precious Metals Limited | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.33 | 87,102 | $1,335,692 | 2,835,432 | +3.2% |
| 2023-12-01 03:25 | 2023-11-28 | PLSE | PULSE BIOSCIENCES, INC. | DUGGAN ROBERT W | Director, 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $8.98 | 124,397 | $1,117,085 | 36,391,194 | +0.3% |
| 2023-12-01 02:08 | 2023-11-28 | MRCY | MERCURY SYSTEMS INC | JANA Partners Management, LP | Director, Other | Electronic Components & Accessories | BUY | $33.46 | 245,964 | $8,229,414 | 5,217,272 | +4.9% |
| 2023-11-30 00:30 | 2023-11-27 | EXEL | EXELIXIS, INC. | JOHNSON DAVID EDWARD | Director | Biological Products, (No Diagnostic Substances) | BUY | $21.61 | 120,409 | $2,602,038 | 910,730 | +15.2% |
| 2023-11-30 03:50 | 2023-11-27 | LAZY | N/A | Coliseum Capital Management, LLC | Director, 10% owner | Other | BUY | $6.50 | 232,373 | $1,511,029 | 6,531,077 | +3.7% |
| 2023-11-30 01:17 | 2023-11-27 | CTRN | Citi Trends Inc | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $22.95 | 270,600 | $6,210,324 | 1,244,368 | +27.8% |
| 2023-11-30 01:03 | 2023-11-28 | KYN | Kayne Anderson Energy Infrastructure Fund, Inc. | KAYNE ANDERSON CAPITAL ADVISORS LP | Other | Other | BUY | $10.03 | 1,610,747 | $16,155,792 | 1,610,747 | +100.0% |
| 2023-11-30 00:18 | 2023-11-28 | KYN | Kayne Anderson Energy Infrastructure Fund, Inc. | Frey John C | Officer - Executive Vice President | Other | BUY | $10.03 | 117,946 | $1,182,998 | 671,438 | +21.3% |
| 2023-11-28 14:13 | 2023-11-24 | APHP | American Picture House Corp | MacGregor Bannor Michael | Director, Officer, 10% owner - CEO | Services-Amusement & Recreation Services | BUY | $4,600.00 | 30,000 | $138,000,000 | 30,383,937 | +0.1% |
| 2023-11-29 04:32 | 2023-11-24 | SGHT | Sight Sciences, Inc. | Encrantz Staffan | Director, 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $3.37 | 521,855 | $1,760,530 | 868,150 | +150.7% |
| 2023-11-29 01:52 | 2023-11-28 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $33.08 | 32,400 | $1,071,792 | 2,915,423 | +1.1% |
| 2023-11-29 01:50 | 2023-11-27 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.46 | 374,451 | $5,787,852 | 20,283,282 | +1.9% |
| 2023-11-29 01:33 | 2023-11-27 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.86 | 278,017 | $3,852,065 | 14,146,055 | +2.0% |
| 2023-11-29 01:30 | 2023-11-27 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $7.20 | 897,346 | $6,463,673 | 37,918,638 | +2.4% |
| 2023-11-29 01:27 | 2023-11-27 | BCAT | BlackRock Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.64 | 388,431 | $5,685,892 | 12,606,979 | +3.2% |
| 2023-11-29 01:37 | 2023-11-28 | CEM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $36.79 | 28,533 | $1,049,729 | 2,089,910 | +1.4% |
| 2023-11-29 01:24 | 2023-11-27 | ASA | ASA Gold and Precious Metals Limited | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.53 | 97,862 | $1,422,258 | 2,748,330 | +3.7% |
| 2023-11-29 00:19 | 2023-11-27 | SPB | Spectrum Brands Holdings, Inc. | Maura David M | Director, Officer - Executive Chairman and CEO | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $66.72 | 40,000 | $2,668,700 | 764,391 | +5.5% |
| 2023-11-29 02:10 | 2023-11-27 | NXJ | NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND | Saba Capital Management, L.P. | 10% owner | Other | BUY | $11.37 | 123,319 | $1,402,667 | 5,174,544 | +2.4% |
| 2023-11-29 01:18 | 2023-11-24 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $73.34 | 164,286 | $12,048,719 | 18,690,182 | +0.9% |
| 2023-11-25 00:49 | 2023-11-21 | AMAL | Amalgamated Financial Corp. | Amalgamated Financial Corp. | 10% owner, Other | State Commercial Banks | BUY | $21.14 | 68,487 | $1,447,818 | 8,013,682 | +0.9% |
| 2023-11-25 00:54 | 2023-11-22 | CELFX | N/A | Nesbitt Stephen Lane | Director, Officer, 10% owner - President | Other | BUY | $10.82 | 1,207,591 | $13,066,130 | 2,708,759 | +80.4% |
| 2023-11-25 02:22 | 2023-11-22 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.84 | 331,206 | $4,583,063 | 13,868,038 | +2.4% |
| 2023-11-25 02:21 | 2023-11-22 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $7.25 | 305,341 | $2,213,570 | 37,021,292 | +0.8% |
| 2023-11-25 02:17 | 2023-11-22 | BCAT | BlackRock Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.70 | 479,315 | $7,047,992 | 12,218,548 | +4.1% |
| 2023-11-23 00:00 | 2023-11-20 | AUID | authID Inc. | Garchik Stephen Jeffrey | 10% owner | Services-Prepackaged Software | BUY | $6.00 | 166,667 | $1,000,002 | 1,107,191 | +17.7% |
| 2023-11-23 00:15 | 2023-11-20 | AUGX | N/A | Redmile Group, LLC | Director, 10% owner | Other | BUY | $4.00 | 1,500,000 | $6,000,000 | 9,446,146 | +18.9% |
| 2023-11-23 02:25 | 2023-11-20 | HTLD | HEARTLAND EXPRESS INC | GERDIN MICHAEL J | Director, Officer, 10% owner, Other - Chief Executive Officer | Trucking (No Local) | BUY | $13.08 | 95,602 | $1,250,723 | 427,794 | +28.8% |
| 2023-11-23 01:22 | 2023-11-20 | PI | IMPINJ INC | Sylebra Capital Ltd | 10% owner | Electronic Components, NEC | BUY | $82.91 | 37,513 | $3,110,203 | 4,197,352 | +0.9% |
| 2023-11-23 00:34 | 2023-11-20 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $73.29 | 173,722 | $12,732,850 | 18,525,896 | +0.9% |
| 2023-11-22 14:25 | 2023-11-17 | IHT | INNSUITES HOSPITALITY TRUST | WIRTH JAMES F | Officer, 10% owner, Other - President & CEO | Real Estate Investment Trusts | BUY | $1,675.95 | 1,323 | $2,217,282 | 5,943,984 | +0.0% |
| 2023-11-22 00:50 | 2023-11-21 | N-A | N/A | BK Canada Holdings Inc. | 10% owner | Other | BUY | $25.50 | 980,392 | $25,000,000 | 2,776,779 | +54.6% |
| 2023-11-21 18:54 | 2023-11-20 | APHP | American Picture House Corp | MacGregor Bannor Michael | Director, Officer, 10% owner - CEO | Services-Amusement & Recreation Services | BUY | $2,400.00 | 10,000 | $24,000,000 | 30,353,937 | +0.0% |
| 2023-11-22 01:29 | 2023-11-20 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.50 | 451,154 | $6,994,240 | 19,871,237 | +2.3% |
| 2023-11-22 01:23 | 2023-11-20 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.79 | 214,539 | $2,958,192 | 13,536,832 | +1.6% |
| 2023-11-22 01:19 | 2023-11-20 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $7.21 | 928,313 | $6,694,529 | 36,715,951 | +2.6% |
| 2023-11-22 01:16 | 2023-11-20 | BCAT | BlackRock Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.75 | 82,112 | $1,211,177 | 11,739,233 | +0.7% |
| 2023-11-22 00:40 | 2023-11-17 | N/A | N/A | Golub Lawrence E | Director, Officer, 10% owner - CHAIRMAN | Other | BUY | $15.00 | 300,032 | $4,500,473 | 3,173,524 | +10.4% |
| 2023-11-22 01:06 | 2023-11-17 | N/A | N/A | Golub Lawrence E | Director, Officer, 10% owner - CHAIRMAN | Other | BUY | $15.00 | 306,032 | $4,590,473 | 6,308,058 | +5.1% |
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.