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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-11-09 01:20 | 2023-11-07 | ESGR | N/A | Silvester Dominic Francis Michael | Director, Officer - Chief Executive Officer | Other | BUY | $227.18 | 45,000 | $10,223,100 | 146,854 | +44.2% |
| 2023-11-08 21:54 | 2023-11-08 | APD | Air Products and Chemicals Inc. | Ghasemi Seifi | Officer - Chairman, Pres. and CEO | Industrial Inorganic Chemicals | BUY | $252.34 | 10,000 | $2,523,400 | 659,673 | +1.5% |
| 2023-11-09 01:00 | 2023-11-06 | BSM | Black Stone Minerals, L.P. | Carter Thomas L Jr | Director, Officer - CEO and Chairman | Crude Petroleum & Natural Gas | BUY | $17.94 | 58,577 | $1,050,590 | 2,761,368 | +2.2% |
| 2023-11-09 01:48 | 2023-11-07 | NARI | N/A | MILDER DONALD B | Director | Other | BUY | $53.44 | 56,100 | $2,998,063 | 3,031,714 | +1.9% |
| 2023-11-09 00:00 | 2023-11-06 | ET | Energy Transfer LP | WARREN KELCY L | Director, Officer - Executive Chairman | Natural Gas Transmission | BUY | $13.53 | 1,000,000 | $13,530,000 | 65,578,477 | +1.5% |
| 2023-11-09 00:30 | 2023-11-06 | XOM | EXXON MOBIL CORP | UBBEN JEFFREY W | Director | Petroleum Refining | BUY | $105.97 | 250,000 | $26,491,425 | 2,077,000 | +13.7% |
| 2023-11-08 03:00 | 2023-11-03 | NMRA | Neumora Therapeutics, Inc. | Burow Kristina | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $11.49 | 95,694 | $1,099,945 | 3,955,592 | +2.5% |
| 2023-11-07 18:35 | 2023-11-03 | LTH | Life Time Group Holdings, Inc. | Akradi Bahram | Director, Officer, 10% owner - FOUNDER & CEO | Services-Membership Sports & Recreation Clubs | BUY | $12.70 | 90,000 | $1,142,937 | 11,447,541 | +0.8% |
| 2023-11-08 02:59 | 2023-11-03 | NMRA | Neumora Therapeutics, Inc. | ARCH Venture Partners XII, LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $11.49 | 95,694 | $1,099,945 | 3,955,592 | +2.5% |
| 2023-11-07 18:15 | 2023-11-03 | EVM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $8.03 | 126,352 | $1,014,607 | 2,622,921 | +5.1% |
| 2023-11-07 18:36 | 2023-11-03 | NXJ | NUVEEN NEW JERSEY QUALITY MUNICIPAL INCOME FUND | Saba Capital Management, L.P. | 10% owner | Other | BUY | $10.59 | 222,341 | $2,355,147 | 4,361,842 | +5.4% |
| 2023-11-07 00:07 | 2023-11-03 | N/A | Nuveen Churchill Direct Lending Corp. | TEACHERS INSURANCE & ANNUITY ASSOCIATION OF AMERICA | 10% owner | Other | BUY | $18.19 | 606,518 | $11,032,562 | 4,278,149 | +16.5% |
| 2023-11-06 16:00 | 2023-11-03 | SRPT | Sarepta Therapeutics, Inc. | Barry Richard | Director | Pharmaceutical Preparations | BUY | $78.81 | 50,000 | $3,940,500 | 140,000 | +55.6% |
| 2023-11-07 03:11 | 2023-11-03 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.87 | 136,574 | $2,030,705 | 18,120,382 | +0.8% |
| 2023-11-07 03:06 | 2023-11-03 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.77 | 351,631 | $4,841,572 | 12,119,108 | +3.0% |
| 2023-11-07 03:03 | 2023-11-03 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.60 | 637,856 | $4,210,041 | 32,232,461 | +2.0% |
| 2023-11-07 01:53 | 2023-11-06 | KW | Kennedy-Wilson Holdings, Inc. | MCMORROW WILLIAM J | Director, Officer - CHAIRMAN AND CEO | Real Estate | BUY | $12.32 | 100,000 | $1,232,000 | 8,599,517 | +1.2% |
| 2023-11-07 03:01 | 2023-11-02 | STAA | STAAR SURGICAL CO | BROADWOOD PARTNERS, L.P. | 10% owner | Ophthalmic Goods | BUY | $34.93 | 309,154 | $10,797,513 | 9,778,877 | +3.3% |
| 2023-11-06 15:36 | 2023-11-03 | RELY | Remitly Global, Inc. | MORRIS NIGEL W | Director | Services-Business Services, NEC | BUY | $19.27 | 250,000 | $4,818,500 | 1,750,213 | +16.7% |
| 2023-11-07 02:56 | 2023-11-03 | ASA | ASA Gold and Precious Metals Limited | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.75 | 77,669 | $1,068,166 | 2,130,412 | +3.8% |
| 2023-11-06 16:00 | 2023-11-03 | SRPT | Sarepta Therapeutics, Inc. | INGRAM DOUGLAS S | Director, Officer - President & CEO | Pharmaceutical Preparations | BUY | $79.36 | 25,225 | $2,001,801 | 390,307 | +6.9% |
| 2023-11-07 03:16 | 2023-11-03 | ENX | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $8.26 | 447,276 | $3,694,723 | 2,970,977 | +17.7% |
| 2023-11-07 01:28 | 2023-11-02 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $71.92 | 119,370 | $8,585,317 | 17,800,655 | +0.7% |
| 2023-11-07 02:07 | 2023-11-02 | KYMR | Kymera Therapeutics, Inc. | BVF PARTNERS L P/IL | Director, Other | Biological Products, (No Diagnostic Substances) | BUY | $12.80 | 414,105 | $5,301,331 | 294,632 | +100.0% |
| 2023-11-03 19:57 | 2023-11-01 | N-A | N/A | JOHN HANCOCK LIFE INSURANCE CO OF NEW YORK | 10% owner | Other | BUY | $20.00 | 300,000 | $6,000,000 | 600,000 | +100.0% |
| 2023-11-03 19:32 | 2023-11-01 | N-A | N/A | John Hancock Life & Health Insurance Co | 10% owner | Other | BUY | $20.00 | 300,000 | $6,000,000 | 600,000 | +100.0% |
| 2023-11-03 20:10 | 2023-11-01 | N-A | N/A | Manulife Reinsurance (Bermuda) LTD | 10% owner | Other | BUY | $20.00 | 750,000 | $15,000,000 | 1,500,000 | +100.0% |
| 2023-11-03 20:44 | 2023-11-01 | N-A | N/A | Manulife (International) Ltd | 10% owner | Other | BUY | $20.74 | 295,427 | $6,127,165 | 1,739,069 | +20.5% |
| 2023-11-03 20:34 | 2023-11-01 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $20.74 | 126,612 | $2,625,928 | 745,315,365 | +0.0% |
| 2023-11-03 23:25 | 2023-10-31 | IHT | INNSUITES HOSPITALITY TRUST | Chase JR | Other | Real Estate Investment Trusts | BUY | $1,802.25 | 1,515 | $2,730,409 | 71,946 | +2.2% |
| 2023-11-03 23:23 | 2023-11-01 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.61 | 200,254 | $2,925,090 | 17,983,808 | +1.1% |
| 2023-11-03 23:17 | 2023-11-01 | BMEZ | BlackRock Health Sciences Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $13.29 | 157,772 | $2,096,837 | 11,767,477 | +1.4% |
| 2023-11-03 23:12 | 2023-11-01 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.48 | 407,352 | $2,640,944 | 31,594,605 | +1.3% |
| 2023-11-03 23:19 | 2023-11-01 | CEM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $36.40 | 88,132 | $3,207,749 | 1,900,676 | +4.9% |
| 2023-11-04 01:12 | 2023-11-01 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $17.50 | 237,015 | $4,147,763 | 47,898,436 | +0.5% |
| 2023-11-03 19:44 | 2023-11-01 | N-A | N/A | JOHN HANCOCK LIFE INSURANCE CO USA | 10% owner | Other | BUY | $20.00 | 150,000 | $3,000,000 | 300,000 | +100.0% |
| 2023-11-04 00:37 | 2023-11-02 | RPTX | Repare Therapeutics Inc. | BVF PARTNERS L P/IL | 10% owner | Pharmaceutical Preparations | BUY | $3.60 | 783,709 | $2,821,352 | 485,083 | +100.0% |
| 2023-11-03 00:13 | 2023-10-31 | CELFX | N/A | Nesbitt Stephen Lane | Director, Officer, 10% owner - President | Other | BUY | $10.76 | 371,747 | $4,000,000 | 750,584 | +98.1% |
| 2023-11-02 23:53 | 2023-10-31 | CCLFX | N/A | Nesbitt Stephen Lane | Director, Officer, 10% owner - President | Other | BUY | $10.60 | 754,717 | $8,000,000 | 6,583,428 | +12.9% |
| 2023-11-03 02:29 | 2023-11-02 | CVBF | CVB FINANCIAL CORP | Borba George A Jr | Director | State Commercial Banks | BUY | $16.83 | 97,006 | $1,632,136 | 566,710 | +20.7% |
| 2023-11-02 18:45 | 2023-11-01 | CVBF | CVB FINANCIAL CORP | Borba George A Jr | Director | State Commercial Banks | BUY | $15.84 | 212,000 | $3,358,589 | 469,704 | +82.3% |
| 2023-11-02 23:11 | 2023-10-31 | N/A | N/A | Golub Lawrence E | Director, Officer - CHAIRMAN | Other | BUY | $15.00 | 75,032 | $1,125,473 | 835,785 | +9.9% |
| 2023-11-02 23:08 | 2023-10-31 | N/A | N/A | Golub David | Director, Officer - President, CEO | Other | BUY | $15.00 | 75,032 | $1,125,473 | 835,785 | +9.9% |
| 2023-11-03 00:19 | 2023-11-01 | NYC | American Strategic Investment Co. | SCHORSCH NICHOLAS S | 10% owner | Real Estate Investment Trusts | BUY | $10.25 | 223,460 | $2,290,465 | 1,080,814 | +26.1% |
| 2023-11-02 23:33 | 2023-10-31 | B | N/A | HOOK THOMAS J | Director, Officer - President and CEO | Other | BUY | $20.98 | 125,000 | $2,621,975 | 222,590 | +128.1% |
| 2023-11-01 23:15 | 2023-10-31 | L | LOEWS CORP | Locker Jonathan C | Director | Fire, Marine & Casualty Insurance | BUY | $63.75 | 15,870 | $1,011,713 | 15,870 | +100.0% |
| 2023-11-01 21:07 | 2023-10-31 | N-A | N/A | SEI INVESTMENTS CO | 10% owner, Other | Other | BUY | $10.00 | 1,240,000 | $12,400,000 | 1,250,000 | +12,400.0% |
| 2023-11-01 23:01 | 2023-10-30 | FITB | FIFTH THIRD BANCORP | Daniels C. Bryan | Director | State Commercial Banks | BUY | $23.31 | 64,500 | $1,503,495 | 325,278 | +24.7% |
| 2023-11-02 00:31 | 2023-10-30 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $66.60 | 95,049 | $6,330,396 | 17,681,285 | +0.5% |
| 2023-11-01 23:17 | 2023-10-31 | CYH | COMMUNITY HEALTH SYSTEMS INC | SMITH WAYNE T | Director | Services-General Medical & Surgical Hospitals, NEC | BUY | $2.11 | 1,000,000 | $2,110,000 | 5,107,901 | +24.3% |
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.