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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-10-04 23:28 | 2023-10-02 | FYBR | Frontier Communications Parent, Inc. | ARES MANAGEMENT LLC | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $14.80 | 150,000 | $2,219,490 | 38,762,895 | +0.4% |
| 2023-10-05 02:23 | 2023-10-02 | COTY | COTY INC. | JAB Holdings B.V. | 10% owner | Perfumes, Cosmetics & Other Toilet Preparations | BUY | $10.80 | 3,000,000 | $32,400,000 | 451,853,684 | +0.7% |
| 2023-10-03 18:19 | 2023-10-02 | TAKAX | N/A | THRIVENT FINANCIAL FOR LUTHERANS | 10% owner | Other | BUY | $25.00 | 360,000 | $9,000,000 | 200,000 | +100.0% |
| 2023-10-04 01:51 | 2023-10-02 | EMO | ClearBridge Energy Midstream Opportunity Fund Inc. | Saba Capital Management, L.P. | 10% owner | Other | BUY | $31.37 | 35,066 | $1,100,020 | 2,578,754 | +1.4% |
| 2023-10-04 01:49 | 2023-10-02 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.75 | 104,806 | $1,546,130 | 15,440,538 | +0.7% |
| 2023-10-04 01:36 | 2023-10-02 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.88 | 392,557 | $2,702,088 | 23,626,511 | +1.7% |
| 2023-10-03 19:37 | 2023-09-29 | N/A | N/A | SPC Wilson Point, L.P. | 10% owner | Other | BUY | $19.35 | 82,639 | $1,599,065 | 4,713,305 | +1.8% |
| 2023-10-04 01:41 | 2023-10-02 | CEM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $34.68 | 30,772 | $1,067,173 | 1,710,829 | +1.8% |
| 2023-10-04 01:48 | 2023-10-02 | NKE | NIKE, Inc. | SWAN ROBERT HOLMES | Director | Rubber & Plastics Footwear | BUY | $96.13 | 13,072 | $1,256,611 | 18,005 | +265.0% |
| 2023-10-03 23:30 | 2023-09-29 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $72.58 | 121,200 | $8,796,102 | 16,889,308 | +0.7% |
| 2023-10-03 00:04 | 2023-09-29 | LIFW | MSP Recovery, Inc. | Quesada Frank Carlos | Director, Officer, 10% owner - Chief Legal Officer | Services-Computer Processing & Data Preparation | BUY | $0.22 | 6,868,132 | $1,500,000 | 7,007,041 | +4,944.3% |
| 2023-10-02 23:35 | 2023-09-28 | GNSS | Genasys Inc. | AWM Investment Company, Inc. | 10% owner | Household Audio & Video Equipment | BUY | $2.00 | 1,400,000 | $2,800,000 | 5,749,544 | +32.2% |
| 2023-10-03 00:21 | 2023-09-29 | STRUX | N/A | Sturzenegger Ron D. | Director | Other | BUY | $10.44 | 100,100 | $1,045,045 | 100,100 | +100.0% |
| 2023-10-02 15:37 | 2023-09-29 | NRGX | PIMCO Dynamic Income Strategy Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $19.79 | 130,725 | $2,587,048 | 6,887,083 | +1.9% |
| 2023-10-02 15:26 | 2023-09-28 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.79 | 330,801 | $4,891,422 | 15,335,732 | +2.2% |
| 2023-10-02 15:23 | 2023-09-28 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.88 | 238,766 | $1,642,806 | 23,233,954 | +1.0% |
| 2023-10-02 23:29 | 2023-09-28 | COTY | COTY INC. | ARAMBURUZABALA MARIA ASUNICION | Director | Perfumes, Cosmetics & Other Toilet Preparations | BUY | $10.80 | 500,000 | $5,400,000 | 1,425,000 | +54.1% |
| 2023-09-30 01:55 | 2023-09-28 | NMRA | Neumora Therapeutics, Inc. | Burow Kristina | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $13.68 | 76,511 | $1,046,846 | 3,859,898 | +2.0% |
| 2023-09-30 02:31 | 2023-09-27 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $17.60 | 664,219 | $11,689,590 | 45,611,868 | +1.5% |
| 2023-09-29 18:48 | 2023-09-28 | PAGP | PLAINS GP HOLDINGS LP | Chiang Willie CW | Director, Officer - Chairman & CEO | Pipe Lines (No Natural Gas) | BUY | $16.24 | 62,000 | $1,006,694 | 318,704 | +24.2% |
| 2023-09-30 00:36 | 2023-09-27 | FPI | Farmland Partners Inc. | Pittman Paul A | Director, Officer - Executive Chairman | Real Estate Investment Trusts | BUY | $10.26 | 100,000 | $1,025,900 | 1,298,505 | +8.3% |
| 2023-09-30 01:53 | 2023-09-28 | NMRA | Neumora Therapeutics, Inc. | ARCH Venture Partners XII, LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $13.68 | 76,511 | $1,046,846 | 3,859,898 | +2.0% |
| 2023-09-28 23:30 | 2023-09-26 | RWLK | Lifeward Ltd. | Lind Global Fund II LP | 10% owner | Orthopedic, Prosthetic & Surgical Appliances & Supplies | BUY | $0.70 | 5,031,200 | $3,521,840 | 9,890,010 | +103.5% |
| 2023-09-28 17:03 | 2023-09-27 | NRGX | PIMCO Dynamic Income Strategy Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $18.70 | 154,516 | $2,889,449 | 6,756,358 | +2.3% |
| 2023-09-28 16:52 | 2023-09-27 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.60 | 442,590 | $6,461,814 | 15,004,931 | +3.0% |
| 2023-09-28 16:47 | 2023-09-26 | BIGZ | BlackRock Technology & Private Equity Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $6.72 | 343,018 | $2,306,590 | 22,995,188 | +1.5% |
| 2023-09-29 03:51 | 2023-09-26 | MCFT | MasterCraft Boat Holdings, Inc. | Coliseum Capital Management, LLC | 10% owner | Ship & Boat Building & Repairing | BUY | $21.68 | 279,437 | $6,058,753 | 2,001,411 | +16.2% |
| 2023-09-28 22:45 | 2023-09-26 | SLNO | SOLENO THERAPEUTICS INC | PERCEPTIVE ADVISORS LLC | 10% owner | Pharmaceutical Preparations | BUY | $17.44 | 866,789 | $15,113,940 | 3,074,542 | +39.3% |
| 2023-09-28 16:50 | 2023-09-26 | BFZ | BlackRock California Municipal Income Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $10.39 | 187,640 | $1,950,405 | 4,513,628 | +4.3% |
| 2023-09-28 23:53 | 2023-09-26 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $73.84 | 98,826 | $7,297,322 | 16,768,108 | +0.6% |
| 2023-09-27 21:51 | 2023-09-26 | N/A | N/A | UAW Chrysler Retirees Medical Benefits Plan | 10% owner | Other | BUY | $10.40 | 4,807,692 | $49,999,997 | 12,751,173 | +60.5% |
| 2023-09-27 13:30 | 2023-09-26 | ADC | Agree Realty Corporation | RAKOLTA JOHN JR | Director | Real Estate Investment Trusts | BUY | $55.73 | 20,000 | $1,114,600 | 380,056 | +5.6% |
| 2023-09-27 23:30 | 2023-09-25 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $17.19 | 1,015,000 | $17,442,775 | 44,947,649 | +2.3% |
| 2023-09-28 02:46 | 2023-09-25 | ACST | Grace Therapeutics, Inc. | Kavuru Vimal | Director, 10% owner | Pharmaceutical Preparations | BUY | $1.85 | 676,371 | $1,249,934 | 1,188,076 | +132.2% |
| 2023-09-25 18:34 | 2022-06-22 | N/A | N/A | Texas County & District Retirement System | 10% owner | Other | BUY | $14.30 | 4,195,936 | $59,999,790 | 6,695,936 | +167.8% |
| 2023-09-26 02:59 | 2023-09-21 | CART | Maplebear Inc. | GCM Grosvenor Inc. | Other | Services-Business Services, NEC | BUY | $30.00 | 60,000 | $1,800,000 | 60,000 | +100.0% |
| 2023-09-26 02:43 | 2023-09-21 | CART | Maplebear Inc. | D1 Capital Partners L.P. | Director, 10% owner, Other | Services-Business Services, NEC | BUY | $30.00 | 1,000,000 | $30,000,000 | 37,841,935 | +2.7% |
| 2023-09-26 04:37 | 2023-09-22 | NMRA | Neumora Therapeutics, Inc. | Burow Kristina | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $11.19 | 100,740 | $1,127,059 | 3,724,883 | +2.8% |
| 2023-09-25 13:30 | 2023-09-21 | ADC | Agree Realty Corporation | RAKOLTA JOHN JR | Director | Real Estate Investment Trusts | BUY | $57.48 | 30,000 | $1,724,400 | 360,056 | +9.1% |
| 2023-09-26 00:53 | 2023-09-22 | NMAI | Nuveen Multi-Asset Income Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $11.31 | 241,830 | $2,734,904 | 4,162,467 | +6.2% |
| 2023-09-26 00:48 | 2023-09-22 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $14.78 | 74,972 | $1,108,026 | 14,562,341 | +0.5% |
| 2023-09-26 02:57 | 2023-09-21 | CART | Maplebear Inc. | Grosvenor Capital Management, L.P. | Other | Services-Business Services, NEC | BUY | $30.00 | 60,000 | $1,800,000 | 60,000 | +100.0% |
| 2023-09-25 16:00 | 2023-09-21 | SOL | Emeren Group Ltd | SHAH CAPITAL MANAGEMENT | Director, 10% owner, Other | Electric & Other Services Combined | BUY | $2.92 | 437,258 | $1,277,274 | 17,432,928 | +2.6% |
| 2023-09-25 23:30 | 2023-09-21 | SPRY | ARS Pharmaceuticals, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director | Pharmaceutical Preparations | BUY | $3.03 | 2,700,000 | $8,183,430 | 8,556,774 | +46.1% |
| 2023-09-26 00:29 | 2023-09-21 | SWX | Southwest Gas Holdings, Inc. | ICAHN CARL C | 10% owner | Natural Gas Transmisison & Distribution | BUY | $61.98 | 44,256 | $2,742,903 | 11,016,668 | +0.4% |
| 2023-09-26 04:38 | 2023-09-22 | NMRA | Neumora Therapeutics, Inc. | ARCH Venture Partners XII, LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $11.19 | 100,740 | $1,127,059 | 3,724,883 | +2.8% |
| 2023-09-26 00:04 | 2023-09-21 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $74.35 | 80,391 | $5,976,830 | 16,669,282 | +0.5% |
| 2023-09-25 13:32 | 2023-09-21 | IHT | INNSUITES HOSPITALITY TRUST | WIRTH JAMES F | Officer, 10% owner, Other - President & CEO | Real Estate Investment Trusts | BUY | $2,667.00 | 2,000 | $5,334,000 | 5,942,661 | +0.0% |
| 2023-09-25 23:41 | 2023-08-01 | PTSI | PAMT CORP | MOROUN MATTHEW T | Director, 10% owner | Trucking (No Local) | BUY | $21.23 | 6,354,148 | $134,890,937 | 6,354,148 | +100.0% |
| 2023-09-25 23:15 | 2023-08-01 | ULH | UNIVERSAL LOGISTICS HOLDINGS, INC. | MOROUN MATTHEW T | Director, 10% owner | Trucking (No Local) | BUY | $25.60 | 14,303,973 | $366,110,189 | 3,200,000 | +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.