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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-03-23 23:12 | 2023-03-21 | CVGW | CALAVO GROWERS INC | COLE LECIL E | Officer - Chief Executive Officer | Agricultural Services | BUY | $24.29 | 50,000 | $1,214,425 | 390,000 | +14.7% |
| 2023-03-23 00:07 | 2023-03-20 | MLTX | MoonLake Immunotherapeutics | Chen Bihua | 10% owner | Pharmaceutical Preparations | BUY | $20.28 | 827,100 | $16,774,829 | 3,677,100 | +29.0% |
| 2023-03-23 00:14 | 2023-03-20 | GOSS | Gossamer Bio, Inc. | Hasnain Faheem | Director, Officer - President & CEO | Pharmaceutical Preparations | BUY | $1.14 | 878,572 | $1,000,430 | 4,495,897 | +24.3% |
| 2023-03-22 23:06 | 2023-03-21 | MACK | N/A | Andersen Eric | Director, Other | Other | BUY | $11.52 | 160,590 | $1,849,997 | 357,514 | +81.5% |
| 2023-03-22 23:07 | 2023-03-21 | ENVX | Enovix Corp | Rodgers Thurman J | Director, 10% owner | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $11.57 | 102,599 | $1,187,070 | 900,000 | +12.9% |
| 2023-03-23 01:07 | 2022-10-25 | BHVN | Biohaven Ltd. | CHILDS JOHN W | Director | Pharmaceutical Preparations | BUY | $10.50 | 3,709,819 | $38,953,100 | 1,825,118 | +100.0% |
| 2023-03-22 00:19 | 2022-09-13 | N/A | N/A | Wood Catherine D. | Officer, 10% owner, Other - CEO and CIO | Other | BUY | $20.00 | 50,000 | $1,000,000 | 50,000 | +100.0% |
| 2023-03-22 01:07 | 2023-03-17 | PYXS | Pyxis Oncology, Inc. | PFIZER INC | 10% owner | Pharmaceutical Preparations | BUY | $2.76 | 1,811,594 | $4,999,999 | 5,952,263 | +43.8% |
| 2023-03-22 00:39 | 2022-09-26 | N/A | N/A | ARK Investment Management LLC | 10% owner, Other | Other | BUY | $19.82 | 50,455 | $1,000,013 | 55,455 | +1,009.1% |
| 2023-03-21 21:54 | 2023-03-17 | TDW | TIDEWATER INC | ROBOTTI ROBERT | Director | Water Transportation | BUY | $39.64 | 27,000 | $1,070,345 | 3,063,645 | +0.9% |
| 2023-03-21 21:19 | 2023-03-17 | NMFC | New Mountain Finance Corp | KLINSKY STEVEN B | Director | Other | BUY | $11.74 | 100,000 | $1,174,170 | 7,820,681 | +1.3% |
| 2023-03-20 23:09 | 2023-03-16 | PET | N/A | Yee Brian | Director | Other | BUY | $2.03 | 656,067 | $1,330,963 | 1,648,503 | +66.1% |
| 2023-03-20 23:07 | 2023-03-16 | PET | N/A | Stanford Scott | 10% owner | Other | BUY | $2.03 | 656,067 | $1,330,963 | 1,648,503 | +66.1% |
| 2023-03-20 23:10 | 2023-03-20 | DNB | N/A | Jabbour Anthony M | Director, Officer - Chief Executive Officer | Other | BUY | $10.74 | 116,250 | $1,248,839 | 475,252 | +32.4% |
| 2023-03-21 03:46 | 2023-03-16 | HIPO | Hippo Holdings Inc. | Knauf Noah | Director | Fire, Marine & Casualty Insurance | BUY | $14.43 | 208,531 | $3,008,685 | 208,531 | +100.0% |
| 2023-03-20 23:15 | 2023-03-16 | LAZY | N/A | Coliseum Capital Management, LLC | Director, 10% owner | Other | BUY | $12.28 | 505,184 | $6,202,194 | 5,458,423 | +10.2% |
| 2023-03-20 23:15 | 2023-03-17 | MODV | Modivcare Inc. | Coliseum Capital Management, LLC | Director | Transportation Services | BUY | $79.89 | 26,397 | $2,108,774 | 1,399,195 | +1.9% |
| 2023-03-20 16:24 | 2023-03-18 | ALR | N/A | PORTNOY ADAM D. | Director | Other | BUY | $1.31 | 22,375,687 | $29,312,150 | 22,375,687 | +100.0% |
| 2023-03-20 23:47 | 2023-03-16 | LSXMA | Liberty Media Corp | MAFFEI GREGORY B | Director, Officer - President, CEO | Television Broadcasting Stations | BUY | $26.71 | 50,000 | $1,335,515 | 4,203,799 | +1.2% |
| 2023-03-20 21:24 | 2023-03-16 | ARLP | Alliance Resource Partners, L.P. | CRAFT JOSEPH W III | Director, Officer, 10% owner - PRESIDENT AND CHIEF EXECUTIVE | Bituminous Coal & Lignite Surface Mining | BUY | $18.49 | 148,741 | $2,749,522 | 18,631,398 | +0.8% |
| 2023-03-18 00:09 | 2023-03-15 | SWX | Southwest Gas Holdings, Inc. | ICAHN CARL C | 10% owner | Natural Gas Transmisison & Distribution | BUY | $60.09 | 204,519 | $12,289,833 | 9,688,006 | +2.2% |
| 2023-03-18 01:09 | 2023-03-16 | LILA | Liberty Latin America Ltd. | Zinterhofer Eric Louis | Director | Cable & Other Pay Television Services | BUY | $7.82 | 135,314 | $1,057,871 | 12,203,603 | +1.1% |
| 2023-03-17 23:06 | 2023-03-17 | ENVX | Enovix Corp | Rodgers Thurman J | Director, 10% owner | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $10.95 | 98,700 | $1,080,765 | 727,844 | +15.7% |
| 2023-03-17 23:23 | 2023-03-15 | FYBR | Frontier Communications Parent, Inc. | ARES MANAGEMENT LLC | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $23.80 | 331,208 | $7,881,790 | 35,705,132 | +0.9% |
| 2023-03-17 22:55 | 2023-03-17 | CNC | CENTENE CORP | LONDON SARAH | Director, Officer - Chief Executive Officer | Hospital & Medical Service Plans | BUY | $62.60 | 30,000 | $1,878,000 | 313,953 | +10.6% |
| 2023-03-18 00:12 | 2023-03-15 | WMT | Walmart Inc. | STEPHENSON RANDALL L | Director | Retail-Variety Stores | BUY | $138.05 | 7,245 | $1,000,168 | 19,691 | +58.2% |
| 2023-03-17 21:05 | 2023-03-16 | CPRI | Capri Holdings Ltd | IDOL JOHN D | Director, Officer - Chairman & CEO | Leather & Leather Products | BUY | $41.57 | 240,000 | $9,976,248 | 1,967,545 | +13.9% |
| 2023-03-17 21:51 | 2023-03-15 | NMFC | New Mountain Finance Corp | KLINSKY STEVEN B | Director | Other | BUY | $11.77 | 200,000 | $2,354,600 | 7,720,681 | +2.7% |
| 2023-03-17 01:04 | 2023-03-14 | AMAM | N/A | Cormorant Asset Management, LP | 10% owner | Other | BUY | $10.21 | 1,000,000 | $10,211,400 | 53,500,000 | +1.9% |
| 2023-03-17 00:24 | 2023-03-14 | GH | Guardant Health, Inc. | Eltoukhy Helmy | Director, Officer - Co-Chief Executive Officer | Services-Medical Laboratories | BUY | $26.32 | 93,052 | $2,448,840 | 2,049,238 | +4.8% |
| 2023-03-17 03:25 | 2023-03-14 | JELD | JELD-WEN Holding, Inc. | Turtle Creek Asset Management Inc. | 10% owner | Millwood, Veneer, Plywood, & Structural Wood Members | BUY | $12.35 | 97,000 | $1,197,940 | 310,600 | +45.4% |
| 2023-03-17 00:17 | 2023-03-15 | UAL | United Airlines Holdings, Inc. | SHAPIRO EDWARD | Director | Air Transportation, Scheduled | BUY | $42.59 | 25,000 | $1,064,648 | 200,000 | +14.3% |
| 2023-03-15 16:14 | 2023-03-13 | N/A | N/A | Lank Harley | Officer - Vice President | Other | BUY | $25.00 | 80,000 | $2,000,010 | 30,000 | +100.0% |
| 2023-03-16 01:00 | 2023-03-13 | PINE | Alpine Income Property Trust, Inc. | CTO Realty Growth, Inc. | 10% owner | Real Estate Investment Trusts | BUY | $16.29 | 70,155 | $1,142,558 | 113,995 | +160.0% |
| 2023-03-16 04:03 | 2023-03-13 | FREE | N/A | Sababa Holdings Free LLC | 10% owner | Other | BUY | $2.93 | 2,600,000 | $7,615,140 | 8,366,300 | +45.1% |
| 2023-03-16 00:43 | 2023-03-13 | GTLB | Gitlab Inc. | GV 2021 GP, L.L.C. | Other | Services-Prepackaged Software | BUY | $29.71 | 639,207 | $18,988,155 | 1,933,734 | +49.4% |
| 2023-03-16 03:02 | 2023-03-13 | AXTA | Axalta Coating Systems Ltd. | Villavarayan Chris | Director, Officer - CEO & President | Paints, Varnishes, Lacquers, Enamels & Allied Prods | BUY | $29.20 | 34,440 | $1,005,648 | 34,440 | +100.0% |
| 2023-03-15 23:17 | 2023-03-15 | FTAI | FTAI Aviation Ltd. | TUCHMAN MARTIN | Director | Services-Miscellaneous Equipment Rental & Leasing | BUY | $25.00 | 40,000 | $1,000,000 | 40,000 | +100.0% |
| 2023-03-16 01:11 | 2023-03-13 | GH | Guardant Health, Inc. | Talasaz AmirAli | Director, Officer - Co-Chief Executive Officer | Services-Medical Laboratories | BUY | $25.79 | 97,000 | $2,501,184 | 24,250 | +100.0% |
| 2023-03-16 01:57 | 2023-03-15 | SCHW | SCHWAB CHARLES CORP | Ellis Stephen A | Director | Security Brokers, Dealers & Flotation Companies | BUY | $58.26 | 34,387 | $2,003,325 | 99,801 | +52.6% |
| 2023-03-16 00:23 | 2023-03-13 | HTLD | HEARTLAND EXPRESS INC | Ann S. Gerdin Revocable Trust | 10% owner, Other | Trucking (No Local) | BUY | $15.84 | 106,396 | $1,685,079 | 32,254 | +100.0% |
| 2023-03-15 17:01 | 2023-03-14 | VLY | VALLEY NATIONAL BANCORP | Steans Jennifer W | Director | National Commercial Banks | BUY | $10.04 | 150,000 | $1,505,505 | 517,599 | +40.8% |
| 2023-03-15 23:20 | 2023-03-15 | ENVX | Enovix Corp | Rodgers Thurman J | Director, 10% owner | Miscellaneous Electrical Machinery, Equipment & Supplies | BUY | $10.47 | 129,111 | $1,351,792 | 594,245 | +27.8% |
| 2023-03-16 01:03 | 2023-03-13 | FYBR | Frontier Communications Parent, Inc. | ARES MANAGEMENT LLC | 10% owner | Telephone Communications (No Radiotelephone) | BUY | $23.77 | 168,792 | $4,011,595 | 35,373,924 | +0.5% |
| 2023-03-16 01:40 | 2023-03-14 | RYAN | RYAN SPECIALTY HOLDINGS, INC. | RYAN PATRICK G | Director, Officer, 10% owner - Chief Executive Officer | Insurance Agents, Brokers & Service | BUY | $37.39 | 208,100 | $7,781,650 | 13,123,127 | +1.6% |
| 2023-03-16 02:02 | 2023-03-13 | AESI | N/A | BRIGHAM BEN M | Director, Officer, 10% owner - See Remarks | Other | BUY | $18.00 | 280,000 | $5,040,000 | 280,000 | +100.0% |
| 2023-03-16 03:01 | 2023-03-13 | OXY | OCCIDENTAL PETROLEUM CORP /DE/ | BERKSHIRE HATHAWAY INC | 10% owner | Crude Petroleum & Natural Gas | BUY | $59.17 | 7,886,964 | $466,678,758 | 208,040,405 | +3.9% |
| 2023-03-15 23:46 | 2023-03-13 | HHC | N/A | Pershing Square Capital Management, L.P. | Director, 10% owner | Other | BUY | $74.68 | 62,474 | $4,665,377 | 15,957,609 | +0.4% |
| 2023-03-16 00:26 | 2023-03-13 | NMFC | New Mountain Finance Corp | KLINSKY STEVEN B | Director | Other | BUY | $11.83 | 200,000 | $2,365,740 | 7,520,681 | +2.7% |
| 2023-03-15 00:01 | 2023-03-10 | STGW | Stagwell Inc | Samaha Eli | Director | Services-Advertising Agencies | BUY | $6.75 | 750,000 | $5,062,500 | 7,147,662 | +11.7% |
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.