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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-08-30 02:00 | 2023-08-25 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.28 | 235,616 | $3,599,953 | 13,923,293 | +1.7% |
| 2023-08-29 23:30 | 2023-08-25 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $21.54 | 160,000 | $3,445,600 | 42,202,802 | +0.4% |
| 2023-08-29 17:41 | 2023-08-24 | MLCT | RANGE IMPACT, INC. | Indemnity National Insurance Co | 10% owner | Heavy Construction Other Than Bldg Const - Contractors | BUY | $0.15 | 6,666,667 | $1,000,000 | 33,333,333 | +25.0% |
| 2023-08-29 23:07 | 2023-08-28 | PODD | INSULET CORP | Hollingshead James | Director, Officer - President and CEO | Surgical & Medical Instruments & Apparatus | BUY | $181.41 | 5,550 | $1,006,826 | 34,177 | +19.4% |
| 2023-08-30 00:20 | 2023-08-25 | IHT | INNSUITES HOSPITALITY TRUST | WIRTH JAMES F | Officer, 10% owner, Other - President & CEO | Real Estate Investment Trusts | BUY | $2,585.00 | 1,500 | $3,877,500 | 5,936,161 | +0.0% |
| 2023-08-25 23:25 | 2023-08-24 | SCTL | N/A | Arens Mathew Paul | Director, 10% owner | Other | BUY | $0.40 | 6,250,000 | $2,500,000 | 19,676,396 | +46.6% |
| 2023-08-25 22:24 | 2023-08-24 | N/A | N/A | Golub Lawrence E | Director, Officer - CHAIRMAN | Other | BUY | $15.00 | 75,032 | $1,125,473 | 610,690 | +14.0% |
| 2023-08-25 21:56 | 2023-08-24 | N/A | N/A | Golub Lawrence E | Director, Officer, 10% owner - CHAIRMAN | Other | BUY | $15.00 | 306,032 | $4,590,473 | 5,185,942 | +6.3% |
| 2023-08-25 22:22 | 2023-08-24 | N/A | N/A | Golub David | Director, Officer - President, CEO | Other | BUY | $15.00 | 75,032 | $1,125,473 | 610,690 | +14.0% |
| 2023-08-25 21:57 | 2023-08-24 | N/A | N/A | Golub David | Director, Officer, 10% owner - President and CEO | Other | BUY | $15.00 | 306,032 | $4,590,473 | 5,185,942 | +6.3% |
| 2023-08-25 23:05 | 2023-08-23 | NI | NISOURCE INC. | Yates Lloyd M | Director, Officer - Director and President & CEO | Electric & Other Services Combined | BUY | $26.44 | 40,000 | $1,057,600 | 131,242 | +43.8% |
| 2023-08-25 03:34 | 2023-07-12 | N/A | N/A | Buffington Mark | Director, Officer - Chief Executive Officer | Other | BUY | $25.00 | 40,369 | $1,009,225 | 12,000 | +100.0% |
| 2023-08-24 22:28 | 2023-08-22 | N/A | N/A | FCCI Insurance Co | 10% owner | Other | BUY | $1,075.00 | 4,765 | $5,121,945 | 40,380 | +13.4% |
| 2023-08-24 22:03 | 2023-08-22 | N/A | N/A | Muzinich US Private Debt, SCSp | 10% owner | Other | BUY | $1,075.00 | 24,538 | $26,378,565 | 107,139 | +29.7% |
| 2023-08-25 03:37 | 2023-08-23 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.16 | 152,017 | $2,305,003 | 13,687,677 | +1.1% |
| 2023-08-25 00:51 | 2023-08-22 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $21.74 | 160,000 | $3,477,776 | 42,042,802 | +0.4% |
| 2023-08-25 02:05 | 2023-08-22 | FYBR | Frontier Communications Parent, Inc. | ARES MANAGEMENT LLC | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $15.17 | 212,443 | $3,222,569 | 38,317,941 | +0.6% |
| 2023-08-24 21:28 | 2023-08-22 | RRGB | RED ROBIN GOURMET BURGERS INC | Archon Capital Management LLC | 10% owner | Retail-Eating Places | BUY | $10.46 | 212,536 | $2,222,701 | 1,814,692 | +13.3% |
| 2023-08-25 00:12 | 2023-08-22 | PI | IMPINJ INC | Sylebra Capital Ltd | 10% owner | Electronic Components, NEC | BUY | $59.49 | 74,771 | $4,448,127 | 3,714,190 | +2.1% |
| 2023-08-23 23:14 | 2023-08-21 | PI | IMPINJ INC | Sylebra Capital Ltd | 10% owner | Electronic Components, NEC | BUY | $58.45 | 48,171 | $2,815,595 | 3,639,419 | +1.3% |
| 2023-08-23 00:52 | 2023-08-21 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.10 | 243,551 | $3,677,620 | 13,535,660 | +1.8% |
| 2023-08-23 00:01 | 2023-08-18 | ANTX | AN2 Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | 10% owner | Pharmaceutical Preparations | BUY | $9.00 | 1,777,778 | $16,000,002 | 5,135,683 | +52.9% |
| 2023-08-22 16:30 | 2023-08-21 | RILY | BRC Group Holdings, Inc. | RILEY BRYANT R | Director, Officer, 10% owner - Chairman and Co-CEO | Investment Advice | BUY | $47.31 | 25,000 | $1,182,778 | 6,748,773 | +0.4% |
| 2023-08-23 00:37 | 2023-08-16 | HHH | Howard Hughes Holdings Inc. | Pershing Square Capital Management, L.P. | Director, 10% owner | Real Estate Investment Trusts | BUY | $74.81 | 16,363 | $1,224,037 | 16,586,591 | +0.1% |
| 2023-08-22 13:25 | 2023-08-16 | IHT | INNSUITES HOSPITALITY TRUST | WIRTH JAMES F | Officer, 10% owner, Other - President & CEO | Real Estate Investment Trusts | BUY | $1,850.00 | 1,000 | $1,850,000 | 5,934,661 | +0.0% |
| 2023-08-23 04:04 | 2023-08-18 | MRCY | MERCURY SYSTEMS INC | Ballhaus William L | Director, Officer - President & CEO | Electronic Components & Accessories | BUY | $37.57 | 39,925 | $1,499,998 | 291,999 | +15.8% |
| 2023-08-22 23:40 | 2023-08-18 | MRCY | MERCURY SYSTEMS INC | JANA PARTNERS LLC | Director, Other | Electronic Components & Accessories | BUY | $38.05 | 50,000 | $1,902,500 | 4,711,386 | +1.1% |
| 2023-08-21 23:30 | 2023-08-21 | BYTS | Airship AI Holdings Inc. | Byte Holdings LP | 10% owner, Other | Services-Prepackaged Software | BUY | $10.57 | 500,000 | $5,285,000 | 8,592,313 | +6.2% |
| 2023-08-21 20:22 | 2023-08-17 | NRGX | PIMCO Dynamic Income Strategy Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $17.02 | 63,298 | $1,077,459 | 6,039,528 | +1.1% |
| 2023-08-21 20:01 | 2023-08-17 | CEM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $37.11 | 35,597 | $1,321,030 | 1,680,057 | +2.2% |
| 2023-08-21 23:30 | 2023-08-17 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $19.98 | 689,999 | $13,787,629 | 41,882,802 | +1.7% |
| 2023-08-22 01:35 | 2023-08-17 | ET | Energy Transfer LP | WARREN KELCY L | Director, Officer - Executive Chairman | Natural Gas Transmission | BUY | $12.96 | 3,000,000 | $38,892,600 | 64,578,477 | +4.9% |
| 2023-08-18 15:56 | 2023-08-16 | FNKO | Funko, Inc. | Working Capital Advisors (UK) Ltd. | 10% owner | Games, Toys & Children's Vehicles (No Dolls & Bicycles) | BUY | $5.38 | 490,825 | $2,638,773 | 6,052,676 | +8.8% |
| 2023-08-18 23:38 | 2023-08-16 | REKR | Rekor Systems, Inc. | Arctis Global LLC | 10% owner | Communications Equipment, NEC | BUY | $2.89 | 400,000 | $1,156,920 | 9,647,491 | +4.3% |
| 2023-08-18 22:52 | 2023-08-16 | PI | IMPINJ INC | Sylebra Capital Ltd | 10% owner | Electronic Components, NEC | BUY | $60.02 | 190,569 | $11,437,951 | 3,591,248 | +5.6% |
| 2023-08-19 00:56 | 2023-08-16 | HHC | N/A | Pershing Square Capital Management, L.P. | Director, 10% owner | Other | BUY | $74.81 | 16,363 | $1,224,037 | 16,586,591 | +0.1% |
| 2023-08-18 23:34 | 2023-08-16 | SSKN | STRATA Skin Sciences, Inc. | 22NW, LP | 10% owner | Surgical & Medical Instruments & Apparatus | BUY | $0.55 | 1,853,056 | $1,023,072 | 5,369,954 | +52.7% |
| 2023-08-18 03:33 | 2023-08-15 | ASLE | AerSale Corporation | Finazzo Nicolas | Director, Officer - See Remarks | Wholesale-Machinery, Equipment & Supplies | BUY | $11.60 | 116,316 | $1,348,812 | 4,300,162 | +2.8% |
| 2023-08-17 21:12 | 2023-08-17 | FWRD | FORWARD AIR CORP | Schmitt Thomas | Director, Officer - President & CEO | Arrangement of Transportation of Freight & Cargo | BUY | $62.70 | 16,050 | $1,006,335 | 73,879 | +27.8% |
| 2023-08-17 21:44 | 2023-08-15 | NRGX | PIMCO Dynamic Income Strategy Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $16.97 | 61,495 | $1,043,380 | 5,976,230 | +1.0% |
| 2023-08-17 23:58 | 2023-08-15 | HTLD | HEARTLAND EXPRESS INC | Ann S. Gerdin Revocable Trust | 10% owner, Other | Trucking (No Local) | BUY | $15.40 | 110,986 | $1,708,829 | 144,932 | +326.9% |
| 2023-08-17 23:49 | 2023-08-15 | LOCO | El Pollo Loco Holdings, Inc. | BIGLARI, SARDAR | 10% owner | Retail-Eating Places | BUY | $10.17 | 120,000 | $1,220,688 | 120,000 | +100.0% |
| 2023-08-18 00:23 | 2023-08-15 | FOX | Fox Corp | MURDOCH LACHLAN K | Director, Officer - Executive Chair, CEO | Television Broadcasting Stations | BUY | $33.84 | 141,367 | $4,783,859 | 956,702 | +17.3% |
| 2023-08-18 01:26 | 2023-08-15 | MQ | Marqeta, Inc. | SULLIVAN GODFREY | Director | Services-Prepackaged Software | BUY | $5.88 | 200,000 | $1,176,000 | 200,000 | +100.0% |
| 2023-08-17 23:41 | 2023-08-15 | PI | IMPINJ INC | Sylebra Capital Ltd | 10% owner | Electronic Components, NEC | BUY | $61.20 | 225,182 | $13,781,138 | 3,400,679 | +7.1% |
| 2023-08-18 00:08 | 2023-08-15 | NLTX | Neurogene Inc. | BAKER BROS. ADVISORS LP | Director, 10% owner | Pharmaceutical Preparations | BUY | $0.64 | 2,285,342 | $1,463,533 | 5,612,949 | +68.7% |
| 2023-08-17 02:11 | 2023-08-10 | TSVT | N/A | Kynam Global Healthcare Master Fund, LP | 10% owner | Other | BUY | $5.92 | 601,828 | $3,564,326 | 5,142,111 | +13.3% |
| 2023-08-17 03:57 | 2023-08-16 | TSHA | Taysha Gene Therapies, Inc. | Manning Paul B | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $0.90 | 16,466,667 | $14,820,000 | 16,466,667 | +100.0% |
| 2023-08-17 00:14 | 2023-08-14 | PI | IMPINJ INC | Sylebra Capital Ltd | 10% owner | Electronic Components, NEC | BUY | $60.51 | 63,672 | $3,852,793 | 3,175,497 | +2.0% |
| 2023-08-15 15:00 | 2023-08-14 | SRPT | Sarepta Therapeutics, Inc. | Chambers Michael Andrew | Director | Pharmaceutical Preparations | BUY | $109.47 | 9,979 | $1,092,429 | 246,996 | +4.2% |
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.