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, % |
|---|---|---|---|---|---|---|---|---|---|---|---|---|
| 2023-03-14 23:44 | 2023-03-13 | BY | BYLINE BANCORP, INC. | DEL VALLE PEROCHENA ANTONIO | Director, 10% owner | State Commercial Banks | BUY | $20.53 | 50,000 | $1,026,330 | 11,695,601 | +0.4% |
| 2023-03-14 23:42 | 2023-03-13 | BY | BYLINE BANCORP, INC. | MBG INVESTORS I, L.P. | 10% owner | State Commercial Banks | BUY | $20.53 | 50,000 | $1,026,330 | 11,695,601 | +0.4% |
| 2023-03-15 00:26 | 2023-03-10 | TLYS | TILLY'S, INC. | Fund 1 Investments, LLC | 10% owner | Retail-Apparel & Accessory Stores | BUY | $7.47 | 242,117 | $1,807,452 | 2,527,536 | +10.6% |
| 2023-03-15 00:24 | 2023-03-13 | FITB | FIFTH THIRD BANCORP | Heminger Gary R. | Director | State Commercial Banks | BUY | $26.82 | 47,500 | $1,274,093 | 14,786 | +100.0% |
| 2023-03-14 23:54 | 2023-03-10 | SWX | Southwest Gas Holdings, Inc. | ICAHN CARL C | 10% owner | Natural Gas Transmisison & Distribution | BUY | $59.39 | 539,022 | $32,015,104 | 9,483,487 | +6.0% |
| 2023-03-15 02:05 | 2023-03-14 | SCHW | SCHWAB CHARLES CORP | Bettinger Walter W | Director, Officer - Co-Chairman and CEO | Security Brokers, Dealers & Flotation Companies | BUY | $59.31 | 50,000 | $2,965,500 | 656,501 | +8.2% |
| 2023-03-14 15:40 | 2023-03-13 | LKFN | LAKELAND FINANCIAL CORP | WELCH M SCOTT | Director | State Commercial Banks | BUY | $64.14 | 16,715 | $1,072,170 | 168,756 | +11.0% |
| 2023-03-15 01:48 | 2022-08-01 | GWRS | Global Water Resources, Inc. | LEVINE WILLIAM S | Officer, 10% owner - Former Director | Water Supply | BUY | $13.50 | 541,000 | $7,303,500 | 10,218,920 | +5.6% |
| 2023-03-15 01:03 | 2023-03-14 | CCB | COASTAL FINANCIAL CORP | HOVDE STEVEN D | Director, 10% owner | State Commercial Banks | BUY | $37.71 | 30,000 | $1,131,438 | 30,000 | +100.0% |
| 2023-03-13 13:08 | 2023-03-10 | CTM | Castellum, Inc. | WRIGHT JAY O | Director, Officer, 10% owner - See Remarks | Services-Management Consulting Services | BUY | $11,043.00 | 10,600 | $117,055,800 | 9,327,472 | +0.1% |
| 2023-03-13 22:12 | 2023-03-13 | CFR | CULLEN/FROST BANKERS, INC. | GREEN PHILLIP D | Director, Officer - Chairman and CEO | National Commercial Banks | BUY | $106.59 | 9,500 | $1,012,622 | 114,729 | +9.0% |
| 2023-03-11 05:04 | 2023-03-08 | N/A | N/A | Susan Lieberman Dell Separate Property Trust | 10% owner | Other | BUY | $23.06 | 370,761 | $8,549,749 | 3,532,289 | +11.7% |
| 2023-03-11 03:00 | 2023-03-07 | RVMD | Revolution Medicines, Inc. | Schroeder Thilo | Director | Biological Products, (No Diagnostic Substances) | BUY | $21.76 | 650,000 | $14,145,625 | 1,553,134 | +72.0% |
| 2023-03-10 17:17 | 2023-03-10 | MYOV | Myovant Sciences Ltd. | Sumitomo Chemical Co., Ltd. | 10% owner | Pharmaceutical Preparations | BUY | $27.00 | 51,599,200 | $1,393,178,400 | 45,798,176 | +100.0% |
| 2023-03-11 00:46 | 2023-03-10 | SWX | Southwest Gas Holdings, Inc. | ICAHN CARL C | 10% owner | Natural Gas Transmisison & Distribution | BUY | $60.12 | 2,332,835 | $140,250,040 | 8,944,465 | +35.3% |
| 2023-03-11 01:20 | 2023-03-09 | DLTR | DOLLAR TREE, INC. | DREILING RICHARD W | Director, Officer - Chief Executive Officer | Retail-Variety Stores | BUY | $142.00 | 7,100 | $1,008,200 | 7,118 | +39,444.4% |
| 2023-03-10 20:57 | 2023-03-10 | SSB | SouthState Bank Corp | PAGE G RUFFNER JR | Director | State Commercial Banks | BUY | $71.75 | 14,000 | $1,004,500 | 72,963 | +23.7% |
| 2023-03-11 03:27 | 2023-03-08 | N/A | N/A | MSD CAPITAL L P | 10% owner | Other | BUY | $23.06 | 1,606,630 | $37,048,888 | 2,354,859 | +214.7% |
| 2023-03-10 00:00 | 2023-03-09 | TGLS | Tecnoglass Inc. | Energy Holding Corp | 10% owner | Flat Glass | BUY | $42.26 | 519,412 | $21,950,351 | 26,928,108 | +2.0% |
| 2023-03-10 01:39 | 2023-03-08 | WTRG | Essential Utilities, Inc. | Franklin Chris | Officer - Chief Executive Officer | Water Supply | BUY | $40.70 | 37,245 | $1,515,872 | 37,245 | +100.0% |
| 2023-03-09 14:26 | 2023-03-08 | OPK | OPKO HEALTH, INC. | FROST PHILLIP MD ET AL | Director, Officer, 10% owner - CEO & Chairman | Pharmaceutical Preparations | BUY | $1.18 | 1,000,000 | $1,175,400 | 199,831,694 | +0.5% |
| 2023-03-09 02:40 | 2022-08-09 | PTWO | SBC Medical Group Holdings Inc | Mehana Capital LLC | 10% owner | Services-Offices & Clinics of Doctors of Medicine | BUY | $10.00 | 634,375 | $6,343,750 | 634,375 | +100.0% |
| 2023-03-08 14:06 | 2023-03-01 | IGTA | Inception Growth Acquisition Ltd | Soul Venture Partners LLC | 10% owner | Blank Checks | BUY | $120.78 | 12,500 | $1,509,750 | 2,480,000 | +0.5% |
| 2023-03-09 00:34 | 2023-03-07 | FIGS | FIGS, Inc. | Spear Catherine Eva | Director, Officer, 10% owner - Chief Executive Officer | Apparel & Other Finishd Prods of Fabrics & Similar Matl | BUY | $6.30 | 790,000 | $4,979,370 | 797,073 | +11,169.2% |
| 2023-03-09 05:31 | 2023-03-08 | SMMT | Summit Therapeutics Inc. | Zanganeh Mahkam | Director, Officer - Co-Chief Executive Officer | Pharmaceutical Preparations | BUY | $1.05 | 23,527,044 | $24,703,396 | 9,884,095 | +100.0% |
| 2023-03-09 03:54 | 2023-03-06 | GO | Grocery Outlet Holding Corp. | Ragatz Erik D. | Director | Retail-Grocery Stores | BUY | $27.27 | 111,375 | $3,037,608 | 259,096 | +75.4% |
| 2023-03-09 02:43 | 2022-08-09 | PTWO | SBC Medical Group Holdings Inc | Shindo Dustin M | Director, 10% owner | Services-Offices & Clinics of Doctors of Medicine | BUY | $10.00 | 634,375 | $6,343,750 | 634,375 | +100.0% |
| 2023-03-09 00:07 | 2023-03-06 | SAVA | FILANA THERAPEUTICS, INC. | Barry Richard | Director | Pharmaceutical Preparations | BUY | $25.81 | 88,841 | $2,292,826 | 275,000 | +47.7% |
| 2023-03-09 00:12 | 2023-03-06 | SMMT | Summit Therapeutics Inc. | DUGGAN ROBERT W | Director, Officer - Chief Executive Officer | Pharmaceutical Preparations | BUY | $1.05 | 376,489,880 | $395,314,374 | 552,354,161 | +214.1% |
| 2023-03-09 02:42 | 2023-03-06 | DISH | N/A | DEFRANCO JAMES | Director | Other | BUY | $11.05 | 800,000 | $8,843,040 | 3,767,658 | +27.0% |
| 2023-03-08 04:42 | 2023-03-03 | SLRC | SLR Investment Corp. | SPOHLER BRUCE J | Director, Officer - See Remarks | Other | BUY | $15.64 | 152,158 | $2,379,858 | 3,405,772 | +4.7% |
| 2023-03-08 04:44 | 2023-03-03 | SLRC | SLR Investment Corp. | GROSS MICHAEL S | Director, Officer - See Remarks | Other | BUY | $15.64 | 152,158 | $2,379,858 | 3,233,068 | +4.9% |
| 2023-03-08 03:12 | 2023-03-03 | OXY | OCCIDENTAL PETROLEUM CORP /DE/ | BERKSHIRE HATHAWAY INC | 10% owner | Crude Petroleum & Natural Gas | BUY | $61.10 | 5,801,791 | $354,513,217 | 200,153,441 | +3.0% |
| 2023-03-07 00:55 | 2023-03-02 | KDP | Keurig Dr Pepper Inc. | Priyadarshi Sudhanshu Shekhar | Officer - Chief Financial Officer | Beverages | BUY | $34.39 | 50,000 | $1,719,320 | 80,000 | +166.7% |
| 2023-03-07 02:52 | 2023-03-03 | AMCAPE | AMC Entertainment Holdings Inc. | Antara Capital LP | 10% owner | Services-Motion Picture Theaters | BUY | $6.48 | 380,900 | $2,468,232 | 0 | +100.0% |
| 2023-03-06 14:03 | 2023-03-03 | CTM | Castellum, Inc. | WRIGHT JAY O | Director, Officer, 10% owner - See Remarks | Services-Management Consulting Services | BUY | $29,984.00 | 30,100 | $902,518,400 | 9,316,872 | +0.3% |
| 2023-03-07 01:54 | 2023-03-02 | DISH | N/A | DEFRANCO JAMES | Director | Other | BUY | $10.84 | 1,450,000 | $15,718,000 | 3,567,658 | +68.5% |
| 2023-03-04 01:27 | 2023-03-02 | DPZ | DOMINOS PIZZA INC | WEINER RUSSELL J | Director, Officer - Chief Executive Officer | Wholesale-Groceries & Related Products | BUY | $303.58 | 3,333 | $1,011,840 | 3,333 | +100.0% |
| 2023-03-02 14:30 | 2022-12-28 | FTK | FLOTEK INDUSTRIES INC/CN/ | ProFrac Holding Corp. | 10% owner | Miscellaneous Chemical Products | BUY | $1.16 | 1,500,000 | $1,740,000 | 1,500,000 | +100.0% |
| 2023-03-02 22:13 | 2023-02-28 | N/A | N/A | UAW Chrysler Retirees Medical Benefits Plan | 10% owner | Other | BUY | $5,236.00 | 4,727 | $24,750,001 | 12,734 | +59.0% |
| 2023-03-03 05:05 | 2023-02-27 | GSHD | Goosehead Insurance, Inc. | McConnon Thomas | Director | Insurance Agents, Brokers & Service | BUY | $45.27 | 153,537 | $6,950,298 | 510,220 | +43.0% |
| 2023-03-03 03:53 | 2023-02-28 | LAZY | N/A | Coliseum Capital Management, LLC | Director, 10% owner | Other | BUY | $12.35 | 1,287,163 | $15,895,562 | 4,953,239 | +35.1% |
| 2023-03-02 01:22 | 2023-02-28 | N/A | N/A | FCCI Insurance Co | 10% owner | Other | BUY | $1,068.25 | 3,222 | $3,441,848 | 32,462 | +11.0% |
| 2023-03-01 23:38 | 2023-02-28 | N/A | N/A | Muzinich US Private Debt, SCSp | 10% owner | Other | BUY | $1,068.25 | 55,539 | $59,329,750 | 86,751 | +177.9% |
| 2023-03-02 02:56 | 2023-02-27 | GSHD | Goosehead Insurance, Inc. | McConnon Thomas | Director | Insurance Agents, Brokers & Service | BUY | $45.39 | 153,537 | $6,969,121 | 510,220 | +43.0% |
| 2023-03-01 00:22 | 2023-02-03 | MDXH | MDxHealth SA | MVM Partners, LLC | 10% owner | Services-Medical Laboratories | BUY | $4.00 | 1,000,000 | $4,000,000 | 45,504,584 | +2.2% |
| 2023-03-01 00:58 | 2023-02-24 | N/A | N/A | UAW Chrysler Retirees Medical Benefits Plan | 10% owner | Other | BUY | $975.39 | 86,273 | $84,149,353 | 228,575 | +60.6% |
| 2023-02-28 21:33 | 2023-02-24 | MMU | WESTERN ASSET MANAGED MUNICIPALS FUND INC. | UBS Group AG | 10% owner | Other | BUY | $25,003.42 | 811 | $20,277,776 | 979 | +482.7% |
| 2023-02-28 21:49 | 2023-02-24 | GIM | Saba Capital Income & Opportunities Fund II | Saba Capital Management, L.P. | 10% owner | Other | BUY | $5.00 | 2,622,066 | $13,104,824 | 38,597,813 | +7.3% |
| 2023-02-27 18:21 | 2023-02-23 | GLT | Magnera Corp | Laures Wolfgang | Officer - SVP, IGSC and IT | Paper Mills | BUY | $3.72 | 277,000 | $1,030,994 | 316,568 | +700.1% |
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.