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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-07-19 19:15 | 2023-07-17 | CTR | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $32.13 | 45,499 | $1,461,874 | 935,323 | +5.1% |
| 2023-07-19 19:06 | 2023-07-17 | CEM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $35.10 | 65,397 | $2,295,664 | 1,525,427 | +4.5% |
| 2023-07-19 23:17 | 2023-07-17 | THRX | N/A | GORDON CARL L | Director, 10% owner | Other | BUY | $3.05 | 479,932 | $1,463,793 | 650,600 | +281.2% |
| 2023-07-19 22:14 | 2023-07-17 | MTEM | N/A | BIOTECH TARGET N V | 10% owner | Other | BUY | $0.47 | 4,255,319 | $2,000,000 | 15,447,322 | +38.0% |
| 2023-07-19 23:15 | 2023-07-17 | THRX | N/A | ORBIMED ADVISORS LLC | Director, 10% owner | Other | BUY | $3.05 | 479,932 | $1,463,793 | 650,600 | +281.2% |
| 2023-07-18 21:47 | 2023-07-14 | GRIL | Sadot Group Inc. | AGGIA FZ LLC | 10% owner | Retail-Eating & Drinking Places | BUY | $3.12 | 8,855,452 | $27,629,010 | 12,492,069 | +243.5% |
| 2023-07-18 16:00 | 2023-07-10 | VBIV | N/A | GILLIS STEVEN | Director | Other | BUY | $1.65 | 609,090 | $1,004,999 | 1,043,292 | +140.3% |
| 2023-07-18 03:00 | 2023-07-13 | APGE | Apogee Therapeutics Inc. | Shah Nimish P | Director | Biological Products, (No Diagnostic Substances) | BUY | $17.00 | 1,750,000 | $29,750,000 | 1,750,000 | +100.0% |
| 2023-07-18 03:00 | 2023-07-13 | APGE | Apogee Therapeutics Inc. | Fairmount Funds Management LLC | Director | Biological Products, (No Diagnostic Substances) | BUY | $17.00 | 2,941,176 | $49,999,992 | 892,529 | +100.0% |
| 2023-07-17 17:40 | 2023-07-12 | NRGX | PIMCO Dynamic Income Strategy Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $16.04 | 100,500 | $1,612,000 | 5,318,001 | +1.9% |
| 2023-07-17 23:24 | 2023-07-13 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $23.90 | 80,000 | $1,912,000 | 40,312,803 | +0.2% |
| 2023-07-14 23:54 | 2023-07-12 | N/A | N/A | J.P. Morgan Investment Management Inc. | 10% owner, Other | Other | BUY | $10.00 | 520,250 | $5,202,500 | 530,250 | +5,202.5% |
| 2023-07-15 00:20 | 2023-07-12 | CVGW | CALAVO GROWERS INC | COLE LECIL E | Officer - Chief Executive Officer | Agricultural Services | BUY | $30.34 | 75,000 | $2,275,500 | 515,000 | +17.0% |
| 2023-07-14 00:15 | 2023-07-11 | EVLO | Evelo Biosciences Inc. | Flagship Ventures Fund IV General Partner LLC | 10% owner | Pharmaceutical Preparations | BUY | $2.31 | 5,411,255 | $12,499,999 | 3,931,685 | +100.0% |
| 2023-07-13 23:45 | 2023-07-12 | BBXIA-B | BBX Capital, Inc. | LEVAN JARETT | Director, Officer - CEO and President | Retail-Food Stores | BUY | $11.20 | 121,698 | $1,363,018 | 660,616 | +22.6% |
| 2023-07-12 23:11 | 2023-07-10 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $21.72 | 160,000 | $3,474,592 | 40,232,803 | +0.4% |
| 2023-07-13 02:22 | 2023-07-10 | N/A | N/A | First Eagle Investment Management, LLC | 10% owner | Other | BUY | $25.00 | 1,052,000 | $26,300,000 | 1,052,000 | +100.0% |
| 2023-07-10 23:17 | 2023-07-06 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $21.34 | 160,000 | $3,414,400 | 40,072,803 | +0.4% |
| 2023-07-07 23:30 | 2023-07-05 | BDTX | Black Diamond Therapeutics, Inc. | RA CAPITAL MANAGEMENT, L.P. | Director | Biological Products, (No Diagnostic Substances) | BUY | $5.00 | 935,850 | $4,679,250 | 3,213,828 | +41.1% |
| 2023-07-06 23:45 | 2023-07-05 | BDTX | Black Diamond Therapeutics, Inc. | Behbahani Ali | Director | Biological Products, (No Diagnostic Substances) | BUY | $5.00 | 1,000,000 | $5,000,000 | 4,448,757 | +29.0% |
| 2023-07-06 15:30 | 2023-07-05 | PLCE | Childrens Place, Inc. | ELFERS JANE T | Officer - President and CEO | Retail-Family Clothing Stores | BUY | $23.70 | 43,000 | $1,019,100 | 370,033 | +13.1% |
| 2023-07-05 18:29 | 2023-06-30 | N/A | N/A | FSH SEED CAPITAL VEHICLE I LLC | 10% owner | Other | BUY | $27.99 | 183,739 | $5,142,857 | 377,522 | +94.8% |
| 2023-07-05 18:29 | 2023-06-30 | N/A | N/A | Franklin Square Holdings, L.P. | 10% owner | Other | BUY | $27.99 | 183,739 | $5,142,857 | 377,522 | +94.8% |
| 2023-07-05 23:05 | 2023-06-30 | MLTX | MoonLake Immunotherapeutics | Chen Bihua | 10% owner | Pharmaceutical Preparations | BUY | $50.00 | 800,000 | $40,000,000 | 4,927,100 | +19.4% |
| 2023-07-05 18:42 | 2023-06-30 | NRGX | PIMCO Dynamic Income Strategy Fund | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.85 | 128,249 | $2,032,541 | 5,202,143 | +2.5% |
| 2023-07-05 18:31 | 2023-06-30 | CEM | N/A | Saba Capital Management, L.P. | 10% owner | Other | BUY | $34.96 | 33,433 | $1,168,861 | 1,445,999 | +2.4% |
| 2023-07-06 02:06 | 2022-10-26 | BMN | BlackRock 2037 Municipal Target Term Trust | Hayes Peter | Other | Other | BUY | $25.00 | 40,000 | $1,000,000 | 40,000 | +100.0% |
| 2023-07-05 18:31 | 2023-06-30 | N/A | N/A | Adelman David J. | 10% owner | Other | BUY | $27.99 | 367,478 | $10,285,714 | 377,522 | +3,658.7% |
| 2023-07-05 18:30 | 2023-06-30 | N/A | N/A | Forman Michael C. | Director, Officer, 10% owner - President & CEO | Other | BUY | $27.99 | 367,478 | $10,285,714 | 377,522 | +3,658.7% |
| 2023-07-05 23:15 | 2023-06-30 | N/A | N/A | GENERAL ELECTRIC PENSION TRUST | 10% owner | Other | BUY | $995.44 | 35,160 | $35,000,000 | 175,160 | +25.1% |
| 2023-07-06 00:16 | 2023-06-30 | N/A | N/A | KKR Alternative Assets LLC | 10% owner | Other | BUY | $27.99 | 459,348 | $12,857,143 | 943,806 | +94.8% |
| 2023-07-05 21:50 | 2023-07-01 | N-A | N/A | VERONIS NICHOLAS | Other | Other | BUY | $32.40 | 650,000 | $21,060,000 | 20,062 | +100.0% |
| 2023-07-03 22:38 | 2023-06-30 | N-A | N/A | Manulife (Singapore) Pte. Ltd. | 10% owner | Other | BUY | $16.14 | 619,756 | $10,000,011 | 3,244,055 | +23.6% |
| 2023-07-03 22:21 | 2023-06-30 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $16.14 | 185,927 | $3,000,003 | 11,396,182 | +1.7% |
| 2023-07-03 22:36 | 2023-06-30 | BDTX | Black Diamond Therapeutics, Inc. | BIOTECH GROWTH N V | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $5.00 | 1,000,000 | $5,000,000 | 8,117,839 | +14.0% |
| 2023-06-30 15:13 | 2023-06-30 | MAX | MediaAlpha, Inc. | WHITE MOUNTAINS INSURANCE GROUP LTD | Director, 10% owner | Services-Business Services, NEC | BUY | $10.00 | 5,916,816 | $59,168,160 | 22,856,814 | +34.9% |
| 2023-06-30 22:12 | 2023-06-28 | RCUS | Arcus Biosciences, Inc. | GILEAD SCIENCES, INC. | 10% owner | Pharmaceutical Preparations | BUY | $19.26 | 1,010,000 | $19,452,600 | 14,823,029 | +7.3% |
| 2023-06-30 23:17 | 2023-06-28 | ASAN | Asana Inc. | Moskovitz Dustin A. | Director, Officer, 10% owner - President, CEO, & Chair | Services-Prepackaged Software | BUY | $22.57 | 160,000 | $3,610,400 | 39,912,803 | +0.4% |
| 2023-07-01 00:34 | 2023-05-09 | RXMD | N/A | Fernandez Charles M. | Director, Officer - Chairman and CEO | Other | BUY | $2.20 | 455,000 | $1,001,000 | 758,517 | +149.9% |
| 2023-07-01 00:33 | 2023-05-09 | RXMD | N/A | Barreto Rodney | Director | Other | BUY | $2.20 | 455,000 | $1,001,000 | 773,517 | +142.8% |
| 2023-06-29 16:48 | 2023-06-27 | N/A | N/A | FMR LLC | 10% owner, Other | Other | BUY | $25.23 | 346,723 | $8,747,816 | 346,723 | +100.0% |
| 2023-06-30 02:05 | 2023-06-28 | N-A | N/A | Employees' Retirement System of the State of Hawaii | 10% owner | Other | BUY | $14.82 | 637,652 | $9,450,000 | 2,338,460 | +37.5% |
| 2023-06-30 00:17 | 2023-06-28 | N/A | N/A | CAISSE DE DEPOT ET PLACEMENT DU QUEBEC | 10% owner | Other | BUY | $14.82 | 797,065 | $11,812,500 | 2,944,514 | +37.1% |
| 2023-06-29 23:51 | 2023-06-27 | ACET | Adicet Bio, Inc. | GORDON CARL L | Director, 10% owner | Pharmaceutical Preparations | BUY | $2.09 | 875,000 | $1,828,750 | 748,054 | +100.0% |
| 2023-06-29 20:37 | 2023-06-27 | BDTX | Black Diamond Therapeutics, Inc. | BIOTECH GROWTH N V | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $5.49 | 1,740,000 | $9,555,036 | 7,117,839 | +32.4% |
| 2023-06-29 21:22 | 2023-06-28 | CAPIX | N/A | CALAMOS JOHN P SR | Officer - Global CIO | Other | BUY | $10.03 | 747,756 | $7,499,996 | 1,997,756 | +59.8% |
| 2023-06-30 01:03 | 2023-06-28 | TRSSF | TerrAscend Corp. | JW Asset Management, LLC | Director, 10% owner | Agricultural Production-Crops | BUY | $1.50 | 800,002 | $1,200,003 | 87,064,662 | +0.9% |
| 2023-06-29 23:46 | 2023-06-27 | ACET | Adicet Bio, Inc. | ORBIMED ADVISORS LLC | Director, 10% owner | Pharmaceutical Preparations | BUY | $2.09 | 875,000 | $1,828,750 | 748,054 | +100.0% |
| 2023-06-29 23:42 | 2023-06-27 | PASG | Passage BIO, Inc. | ORBIMED ADVISORS LLC | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $0.84 | 1,192,577 | $1,001,765 | 8,034,000 | +17.4% |
| 2023-06-30 00:21 | 2023-06-29 | OKE | ONEOK INC /NEW/ | NORTON PIERCE | Director, Officer - President & CEO | Natural Gas Transmisison & Distribution | BUY | $60.96 | 24,607 | $1,500,018 | 42,017 | +141.3% |
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.