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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-04-29 01:12 | 2023-04-06 | PIII | P3 Health Partners Inc. | Chicago Pacific Founders UGP, LLC | 10% owner | Services-Health Services | BUY | $1.18 | 4,739,120 | $5,592,162 | 104,740,954 | +4.7% |
| 2023-04-29 00:23 | 2023-04-26 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $7.24 | 212,184 | $1,536,827 | 3,361,490 | +6.7% |
| 2023-04-29 00:42 | 2023-04-28 | BECN | N/A | CD&R Investment Associates IX, Ltd. | 10% owner | Other | BUY | $60.07 | 99,880 | $5,999,941 | 15,171,964 | +0.7% |
| 2023-04-27 18:50 | 2023-04-27 | CLF | CLEVELAND-CLIFFS INC. | GONCALVES LOURENCO | Director, Officer - Chairman, President & CEO | Metal Mining | BUY | $14.96 | 100,000 | $1,496,350 | 2,464,885 | +4.2% |
| 2023-04-27 23:36 | 2023-04-26 | ENPH | Enphase Energy, Inc. | Rodgers Thurman J | Director | Semiconductors & Related Devices | BUY | $163.76 | 27,900 | $4,568,912 | 60,800 | +84.8% |
| 2023-04-27 23:02 | 2023-04-25 | FYBR | Frontier Communications Parent, Inc. | ARES MANAGEMENT LLC | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $21.56 | 250,000 | $5,389,175 | 37,744,654 | +0.7% |
| 2023-04-27 00:42 | 2023-04-26 | ECAT | BlackRock ESG Capital Allocation Term Trust | Saba Capital Management, L.P. | 10% owner | Other | BUY | $15.09 | 187,950 | $2,836,166 | 10,698,524 | +1.8% |
| 2023-04-26 23:39 | 2023-04-26 | ENPH | Enphase Energy, Inc. | Rodgers Thurman J | Director | Semiconductors & Related Devices | BUY | $166.88 | 32,900 | $5,490,467 | 32,900 | +100.0% |
| 2023-04-26 23:45 | 2023-04-25 | TMQ | Trilogy Metals Inc. | Electrum Strategic Opportunities Fund L.P. | 10% owner | Gold and Silver Ores | BUY | $0.55 | 2,181,818 | $1,200,000 | 31,604,741 | +7.4% |
| 2023-04-27 00:18 | 2023-04-24 | HHC | N/A | Pershing Square Capital Management, L.P. | Director, 10% owner | Other | BUY | $74.74 | 58,816 | $4,395,878 | 16,063,716 | +0.4% |
| 2023-04-26 03:14 | 2023-04-21 | N/A | N/A | Susan Lieberman Dell Separate Property Trust | 10% owner | Other | BUY | $22.49 | 633,596 | $14,249,574 | 4,271,302 | +17.4% |
| 2023-04-26 02:00 | 2022-05-13 | RIG | Transocean Ltd. | Perestroika | Director, 10% owner | Drilling Oil & Gas Wells | BUY | $3.75 | 2,000,000 | $7,500,000 | 14,900,000 | +15.5% |
| 2023-04-26 01:58 | 2022-05-13 | RIG | Transocean Ltd. | Mohn Frederik Wilhelm | Director, 10% owner | Drilling Oil & Gas Wells | BUY | $3.75 | 2,000,000 | $7,500,000 | 14,900,000 | +15.5% |
| 2023-04-26 03:12 | 2023-04-21 | N/A | N/A | MSD CAPITAL L P | 10% owner | Other | BUY | $22.49 | 2,745,582 | $61,748,139 | 2,847,535 | +2,693.0% |
| 2023-04-25 23:09 | 2023-04-21 | TCBI | TEXAS CAPITAL BANCSHARES INC/TX | STALLINGS ROBERT W | Director | State Commercial Banks | BUY | $44.60 | 27,000 | $1,204,130 | 56,000 | +93.1% |
| 2023-04-25 04:48 | 2023-04-20 | SDIG | N/A | Beard Gregory A | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $1.00 | 1,000,000 | $1,000,000 | 3,986,507 | +33.5% |
| 2023-04-24 23:08 | 2023-04-20 | FYBR | Frontier Communications Parent, Inc. | ARES MANAGEMENT LLC | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $20.85 | 200,000 | $4,169,180 | 37,494,654 | +0.5% |
| 2023-04-22 01:01 | 2023-04-19 | USGO | U.S. GoldMining Inc. | GoldMining Inc. | 10% owner | Gold and Silver Ores | BUY | $9.55 | 220,026 | $2,102,304 | 9,720,027 | +2.3% |
| 2023-04-22 04:55 | 2023-04-20 | FATE | FATE THERAPEUTICS INC | Redmile Group, LLC | Director, 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $6.17 | 276,639 | $1,705,839 | 13,135,758 | +2.2% |
| 2023-04-22 04:53 | 2021-10-28 | AUGX | N/A | Redmile Group, LLC | Director, 10% owner | Other | BUY | $4.00 | 1,625,000 | $6,500,000 | 6,218,238 | +35.4% |
| 2023-04-21 01:04 | 2023-04-18 | AMAM | N/A | Cormorant Asset Management, LP | 10% owner | Other | BUY | $11.30 | 5,215,189 | $58,950,932 | 67,313,085 | +8.4% |
| 2023-04-18 21:57 | 2023-04-17 | N-A | N/A | Manufacturers Life Reinsurance Ltd | 10% owner | Other | BUY | $17.85 | 840,356 | $15,000,013 | 42,682,074 | +2.0% |
| 2023-04-18 21:45 | 2023-04-17 | N-A | N/A | Manulife (International) Ltd | 10% owner | Other | BUY | $17.85 | 661,080 | $11,800,010 | 31,772,470 | +2.1% |
| 2023-04-18 21:36 | 2023-04-17 | N-A | N/A | Manufacturers Life Insurance Co (Bermuda Branch) | 10% owner | Other | BUY | $17.85 | 190,481 | $3,400,003 | 15,777,108 | +1.2% |
| 2023-04-19 01:29 | 2023-04-14 | FYBR | Frontier Communications Parent, Inc. | ARES MANAGEMENT LLC | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $21.44 | 200,000 | $4,288,020 | 37,294,654 | +0.5% |
| 2023-04-18 00:46 | 2023-04-13 | AMAM | N/A | Cormorant Asset Management, LP | 10% owner | Other | BUY | $9.75 | 2,597,896 | $25,319,354 | 62,097,896 | +4.4% |
| 2023-04-18 00:28 | 2023-04-13 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $7.64 | 177,930 | $1,360,186 | 3,149,306 | +6.0% |
| 2023-04-17 20:41 | 2023-04-13 | ALTG | Alta Equipment Group Inc. | B. Riley Financial, Inc. | 10% owner | Wholesale-Industrial Machinery & Equipment | BUY | $13.76 | 84,000 | $1,156,084 | 1,160,134 | +7.8% |
| 2023-04-15 01:28 | 2023-04-12 | PDO | PIMCO Dynamic Income Opportunities Fund | Roman Emmanuel | Other | Other | BUY | $12.81 | 100,000 | $1,281,390 | 270,000 | +58.8% |
| 2023-04-13 04:44 | 2023-04-10 | BTTX | Better Therapeutics Inc. | PERRY DAVID P | Director, Officer, 10% owner - See Remarks | Services-Health Services | BUY | $0.83 | 4,969,697 | $4,100,000 | 3,636,364 | +100.0% |
| 2023-04-13 00:14 | 2023-04-10 | HHC | N/A | Pershing Square Capital Management, L.P. | Director, 10% owner | Other | BUY | $74.95 | 17,915 | $1,342,641 | 16,002,447 | +0.1% |
| 2023-04-12 02:55 | 2023-01-27 | JSPR | Jasper Therapeutics, Inc. | Qiming U.S. Healthcare Fund II, L.P. | 10% owner | Biological Products, (No Diagnostic Substances) | BUY | $1.50 | 2,666,666 | $3,999,999 | 8,519,648 | +45.6% |
| 2023-04-10 23:05 | 2023-04-06 | NOGN | N/A | HUBERMAN JONATHAN | Director, Officer, 10% owner - CEO & President | Other | BUY | $3.00 | 1,011,828 | $3,035,484 | 1,020,459 | +11,723.2% |
| 2023-04-07 21:27 | - | EBZT | Everything Blockchain, Inc. | Hawkins Michael W | Director | Services-Prepackaged Software | BUY | $4.72 | 500,000 | $2,360,000 | 857,500 | +139.9% |
| 2023-04-07 04:08 | 2023-04-05 | PRDS | N/A | Foresite Capital Opportunity Management V, LLC | 10% owner | Other | BUY | $1.50 | 773,952 | $1,160,928 | 8,773,134 | +9.7% |
| 2023-04-07 04:08 | 2023-04-05 | PRDS | N/A | Foresite Capital Management V, LLC | 10% owner | Other | BUY | $1.50 | 773,952 | $1,160,928 | 13,583,762 | +6.0% |
| 2023-04-06 23:01 | 2023-04-04 | COCP | Cocrystal Pharma, Inc. | FROST PHILLIP MD ET AL | Director, 10% owner | Pharmaceutical Preparations | BUY | $1.97 | 1,015,229 | $2,000,001 | 1,319,838 | +333.3% |
| 2023-04-07 00:50 | 2023-04-04 | N/A | Kayne Anderson BDC, Inc. | ROBO JAMES L | Director | Other | BUY | $16.61 | 905,558 | $15,041,677 | 1,125,482 | +411.8% |
| 2023-04-05 17:28 | 2021-12-29 | N-A | N/A | Callahan Kevin T | Director, Officer, 10% owner - President | Other | BUY | $9.84 | 1,296,774 | $12,759,999 | 1,296,774 | +100.0% |
| 2023-04-06 04:35 | 2023-04-03 | OCX | Insight Molecular Diagnostics Inc. | BROADWOOD PARTNERS, L.P. | 10% owner | In Vitro & In Vivo Diagnostic Substances | BUY | $0.30 | 26,827,638 | $8,093,898 | 50,181,335 | +114.9% |
| 2023-04-04 18:31 | 2023-03-31 | TBMCU | Trailblazer Merger Corp I | Trailblazer Sponsor Group, LLC | 10% owner | Blank Checks | BUY | $10.00 | 394,500 | $3,945,000 | 2,119,500 | +22.9% |
| 2023-04-05 00:31 | 2023-03-31 | FOA | Finance of America Companies Inc. | BTO Urban Holdings L.L.C. | 10% owner | Mortgage Bankers & Loan Correspondents | BUY | $1.38 | 10,869,566 | $15,000,001 | 43,228 | +100.0% |
| 2023-04-04 23:33 | 2023-04-03 | N-A | N/A | BUSI II-C L.P. | 10% owner | Other | BUY | $13.22 | 756,475 | $9,999,994 | 22,140,170 | +3.5% |
| 2023-04-04 23:03 | 2023-04-03 | CSSE | N/A | ROUHANA WILLIAM J JR | Director, Officer, 10% owner - Chief Executive Officer | Other | BUY | $2.30 | 1,860,015 | $4,278,035 | 2,153,123 | +634.6% |
| 2023-04-04 18:32 | 2023-03-31 | TBMCU | Trailblazer Merger Corp I | Hammer Joseph D | Director, 10% owner | Blank Checks | BUY | $10.00 | 394,500 | $3,945,000 | 2,119,500 | +22.9% |
| 2023-04-05 00:02 | 2023-03-31 | CWEN | Clearway Energy, Inc. | TotalEnergies SE | Director, 10% owner | Electric Services | BUY | $31.15 | 71,980 | $2,242,350 | 172,601 | +71.5% |
| 2023-04-04 23:31 | 2023-03-31 | CWEN | Clearway Energy, Inc. | Global Infrastructure Investors III, LLC | Director, 10% owner | Electric Services | BUY | $31.15 | 71,980 | $2,242,350 | 172,601 | +71.5% |
| 2023-04-05 00:32 | 2023-03-31 | FOA | Finance of America Companies Inc. | Blackstone Tactical Opportunities Associates - NQ L.L.C. | 10% owner | Mortgage Bankers & Loan Correspondents | BUY | $1.38 | 10,869,566 | $15,000,001 | 43,228 | +100.0% |
| 2023-04-05 00:27 | 2023-03-31 | FOA | Finance of America Companies Inc. | Blackstone Tactical Opportunities Fund - U - NQ L.L.C. | 10% owner | Mortgage Bankers & Loan Correspondents | BUY | $1.38 | 10,869,566 | $15,000,001 | 43,228 | +100.0% |
| 2023-04-05 00:06 | 2023-03-31 | CQP | Cheniere Energy Partners, L.P. | CQP ROCKIES PLATFORM LLC | 10% owner | Natural Gas Distribution | BUY | $47.32 | 27,706 | $1,311,103 | 6,004 | +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.