LIVE SEC EDGAR FORM 4 INGESTION

Recent Insider Trading Activity

Real-time feed of open-market stock purchases and sales by corporate executives, directors, and 10% beneficial owners verified against official SEC Form 4 filings.

donut_large Market-Wide Insider Flow & Volume Breakdown

Real-time aggregate capital distribution across parsed SEC Form 4 filings
trending_down Net Insider Flow
▼ Net Outflow
▼ -$10.24B Net Flow
↗
Buys (Inflow) $3.71B (21.0%)
$3705.6M open-market purchases
↘
Sells (Outflow) $13.95B (79.0%)
$13949.4M open-market sales
pie_chart Buy / Sell Ratio
22.9% Buy Bias
▼ 22.9% Buys
↗
Purchases 1704 trades (22.9%)
Discretionary capital accumulation
↘
Sales 5749 trades (77.1%)
Executive liquidation transactions
workspace_premium Top Conviction Buy
🐋 Whale Trade
NVDA
NVDA
NVIDIA Corporation
$410.0M
By STEVENS MARK A Director
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Open Market Transactions Only
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Live SEC Form 4 Transactions Stream

Showing 40 of 1322 entries
Recency Stock Insider Role Type Shares Price Total Value SEC Form 4 Actions
Yesterday 2026-10-09
IHT
IHT 🐋 Whale
INNSUITES HOSPITALITY TRUST
WIRTH JAMES F CEO arrow_downward SELL -43,111 $50,410.80 $2.17B open_in_new Form 4
Yesterday 2026-10-09
ANET
ANET 🐋 Whale
Arista Networks, Inc.
Ullal Jayshree CEO arrow_downward SELL -69,272 $217.14 $15.04M open_in_new Form 4
Yesterday 2026-10-09
ANET
ANET 🐋 Whale
Arista Networks, Inc.
Ullal Jayshree CEO arrow_downward SELL -13,860 $217.14 $3.01M open_in_new Form 4
Yesterday 2026-10-09
ALAB
ALAB 🐋 Whale
Astera Labs, Inc.
Dyckerhoff Stefan A Director arrow_downward SELL -8,333 $376.06 $3.13M open_in_new Form 4
Yesterday 2026-10-09
ALAB
ALAB 🐋 Whale
Astera Labs, Inc.
Dyckerhoff Stefan A Director arrow_downward SELL -3,505 $376.06 $1.32M open_in_new Form 4
Yesterday 2026-10-09
OKTA
OKTA 🐋 Whale
Okta, Inc.
Ninan Shibu Officer arrow_downward SELL -7,875 $217.62 $1.71M open_in_new Form 4
Yesterday 2026-10-09
HSY
HSY 🐋 Whale
HERSHEY CO
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner arrow_downward SELL -8,075 $162.42 $1.31M open_in_new Form 4
Yesterday 2026-10-09
HSY
HSY 🐋 Whale
HERSHEY CO
HERSHEY TRUST CO TRUSTEE IN TRUST FOR MILTON HERSHEY SCHOOL 10% Owner arrow_downward SELL -7,434 $162.51 $1.21M open_in_new Form 4
Yesterday 2026-10-09
CRCL
CRCL 🐋 Whale
Circle Internet Group, Inc.
Chandhok Nikhil Officer arrow_downward SELL -26,668 $79.59 $2.12M open_in_new Form 4
Yesterday 2026-10-09
SMCI
SMCI 🐋 Whale
Super Micro Computer, Inc.
Liu Liang Chiu-Chu Sara Director arrow_downward SELL -100,000 $45.02 $4.50M open_in_new Form 4
Yesterday 2026-10-09
SMCI
SMCI 🐋 Whale
Super Micro Computer, Inc.
Liang Charles CEO arrow_downward SELL -100,000 $45.02 $4.50M open_in_new Form 4
Yesterday 2026-10-09
BNTX
BNTX 🐋 Whale
BioNTech SE
Sahin Ugur CEO arrow_downward SELL -36,209 $95.37 $3.45M open_in_new Form 4
Yesterday 2026-10-09
BNTX
BNTX 🐋 Whale
BioNTech SE
Sahin Ugur CEO arrow_downward SELL -27,000 $92.31 $2.49M open_in_new Form 4
Yesterday 2026-10-09
DDOG
DDOG 🐋 Whale
Datadog, Inc.
Le-Quoc Alexis Officer arrow_downward SELL -8,268 $275.26 $2.28M open_in_new Form 4
Yesterday 2026-10-09
DDOG
DDOG 🐋 Whale
Datadog, Inc.
Le-Quoc Alexis Officer arrow_downward SELL -13,036 $274.51 $3.58M open_in_new Form 4
Yesterday 2026-10-09
DDOG
DDOG 🐋 Whale
Datadog, Inc.
Le-Quoc Alexis Officer arrow_downward SELL -5,338 $272.25 $1.45M open_in_new Form 4
Yesterday 2026-10-09
DDOG
DDOG 🐋 Whale
Datadog, Inc.
Le-Quoc Alexis Officer arrow_downward SELL -18,609 $271.40 $5.05M open_in_new Form 4
Yesterday 2026-10-09
ADI
ADI 🐋 Whale
Analog Devices, Inc.
Jain Vivek Officer arrow_downward SELL -3,305.06 $406.58 $1.34M open_in_new Form 4
Yesterday 2026-10-09
KVYO
KVYO 🐋 Whale
Klaviyo, Inc.
Hallen Ed Director arrow_downward SELL -58,815 $17.40 $1.02M open_in_new Form 4
Yesterday 2026-10-09
NP
NP 🐋 Whale
Neptune Insurance Holdings Inc.
Duffy Matthew Paul President arrow_downward SELL -53,639 $27.88 $1.50M open_in_new Form 4
Yesterday 2026-10-09
PAGS
PAGS 🐋 Whale
PagSeguro Digital Ltd.
Magnani Alexandre Mr Director arrow_downward SELL -100,000 $10.60 $1.06M open_in_new Form 4
Yesterday 2026-10-09
AXICY
AXICY 🐋 Whale
AXIA Energia S.A.
Batista de Lima Filho Pedro Director arrow_downward SELL -91,700 $11.50 $1.05M open_in_new Form 4
Yesterday 2026-10-09
AXICY
AXICY 🐋 Whale
AXIA Energia S.A.
Batista de Lima Filho Pedro Director arrow_downward SELL -158,400 $11.50 $1.82M open_in_new Form 4
Yesterday 2026-10-09
AXICY
AXICY 🐋 Whale
AXIA Energia S.A.
Batista de Lima Filho Pedro Director arrow_downward SELL -103,000 $11.50 $1.18M open_in_new Form 4
Yesterday 2026-10-09
AXICY
AXICY 🐋 Whale
AXIA Energia S.A.
Batista de Lima Filho Pedro Director arrow_downward SELL -476,700 $11.50 $5.48M open_in_new Form 4
2d ago 2026-10-08
AFL
AFL 🐋 Whale
AFLAC INC
Japan Post Holdings Co., Ltd. 10% Owner arrow_downward SELL -8,882 $113.61 $1.01M open_in_new Form 4
2d ago 2026-10-08
HALO
HALO 🐋 Whale
HALOZYME THERAPEUTICS, INC.
Torley Helen CEO arrow_downward SELL -11,900 $110.00 $1.31M open_in_new Form 4
2d ago 2026-10-08
HALO
HALO 🐋 Whale
HALOZYME THERAPEUTICS, INC.
Torley Helen CEO arrow_downward SELL -10,300 $111.84 $1.15M open_in_new Form 4
2d ago 2026-10-08
HALO
HALO 🐋 Whale
HALOZYME THERAPEUTICS, INC.
Torley Helen CEO arrow_downward SELL -9,920 $109.89 $1.09M open_in_new Form 4
2d ago 2026-10-08
CRWD
CRWD 🐋 Whale
CrowdStrike Holdings, Inc.
Kurtz George CEO arrow_downward SELL -3,800 $279.10 $1.06M open_in_new Form 4
2d ago 2026-10-08
VST
VST 🐋 Whale
Vistra Corp.
Moldovan Kristopher E. CFO arrow_downward SELL -20,000 $165.00 $3.30M open_in_new Form 4
2d ago 2026-10-08
ANET
ANET 🐋 Whale
Arista Networks, Inc.
Ullal Jayshree CEO arrow_downward SELL -259,045 $212.27 $54.99M open_in_new Form 4
2d ago 2026-10-08
ANET
ANET 🐋 Whale
Arista Networks, Inc.
Ullal Jayshree CEO arrow_downward SELL -65,897 $211.36 $13.93M open_in_new Form 4
2d ago 2026-10-08
ANET
ANET 🐋 Whale
Arista Networks, Inc.
Ullal Jayshree CEO arrow_downward SELL -51,805 $212.27 $11.00M open_in_new Form 4
2d ago 2026-10-08
ANET
ANET 🐋 Whale
Arista Networks, Inc.
Ullal Jayshree CEO arrow_downward SELL -13,179 $211.36 $2.79M open_in_new Form 4
2d ago 2026-10-08
LIF
LIF 🐋 Whale
Life360, Inc.
Haro Alex Director arrow_downward SELL -48,608 $41.41 $2.01M open_in_new Form 4
2d ago 2026-10-08
SNOW
SNOW 🐋 Whale
Snowflake Inc.
Dageville Benoit Director arrow_downward SELL -50,000 $333.42 $16.67M open_in_new Form 4
2d ago 2026-10-08
TALO
TALO 🐋 Whale
TALOS ENERGY INC.
Control Empresarial de Capitales S.A. de C.V. Add'l Rep. Persons-see Ex.… arrow_downward SELL -480,000 $16.96 $8.14M open_in_new Form 4
2d ago 2026-10-08
CBL
CBL 🐋 Whale
CBL & ASSOCIATES PROPERTIES INC
CANYON CAPITAL ADVISORS LLC 10% Owner arrow_downward SELL -1,307,500 $52.19 $68.24M open_in_new Form 4
2d ago 2026-10-08
UTHR
UTHR 🐋 Whale
UNITED THERAPEUTICS Corp
ROTHBLATT MARTINE A CEO arrow_downward SELL -2,098 $544.82 $1.14M open_in_new Form 4
Showing page 1 of 34 (1322 total filings)
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SEC Form 4 Trading Guide & Transaction Code Matrix

Securities Exchange Act Section 16(a)

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders—executives, directors, and beneficial owners holding greater than 10% of any registered equity class—must report changes in stock ownership within two business days. Not all filings carry equal predictive value. Tickzen automatically categorizes transactions using the official SEC Table I code matrix:

SEC Code Transaction Type Capital Outlay Signal Direction Predictive Significance & Institutional Rationale
Code P Open-Market Purchase Discretionary (Personal Cash) ▲ High Bullish The insider commits their own capital to buy shares at current market prices. Strongest positive conviction signal.
Code S Open-Market Sale Discretionary (Disposition) ▼ Variable / Caution Discretionary disposition of shares. Often executed for tax planning, estate diversification, or pre-set Rule 10b5-1 plans; heavy clustered selling warrants caution.
Code A Grant or Award Non-Discretionary (Equity Comp) ● Neutral Restricted Stock Units (RSUs) or performance shares granted by compensation committees. Reflects compensation, not independent buying.
Code M Option Exercise Contractual Conversion ● Neutral / Plan Conversion of stock options into shares, commonly paired with an immediate cashless open-market sale (Code S) to pay exercise fees and taxes.
Code F Tax Withholding Mandatory Administrative ● Neutral Automatic surrender of shares to the issuing company to pay statutory income tax liabilities upon equity vesting.
Code G Bona Fide Gift Non-Market Transfer ● Neutral Charitable contribution or private transfer of shares to family trusts, non-profit institutions, or estate planning vehicles.
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Cluster Buying Dynamics

When 3 or more distinct corporate insiders purchase company stock within a 10-day window, academic studies show a statistically significant abnormal return over the subsequent 3 to 12 months compared to solitary executive purchases.

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C-Suite vs. 10% Beneficial Owners

Chief Executive Officers (CEO) and Chief Financial Officers (CFO) possess daily operational oversight of sales pipelines and cost structures. Their discretionary purchases carry a much higher predictive signal than passive 10% hedge fund allocations.

quiz Frequently Asked Questions About SEC Form 4 & Insider Trading

Verified answers regarding filing rules, transaction codes, and legal requirements
SEC Form 4 is a mandatory statement of changes in beneficial ownership filed with the United States Securities and Exchange Commission (SEC) under Section 16(a) of the Securities Exchange Act of 1934. Corporate insiders—defined as directors, officers (such as CEOs and CFOs), and beneficial owners holding greater than 10% of a company's equity—must file Form 4 within two business days of completing any transaction in their company's securities.
In SEC Form 4 Table I, Transaction Code P designates an open-market or private purchase of securities, indicating that an insider committed personal capital to acquire shares at prevailing market prices. Transaction Code S designates an open-market sale, where an insider disposed of shares. Code P purchases are widely considered by financial analysts to be high-conviction bullish signals, whereas Code S sales may occur for routine diversification, tax, or estate planning purposes.
Cluster buying occurs when three or more distinct corporate insiders (e.g., the CEO, CFO, and independent board directors) purchase shares of their own company's stock within a narrow timeframe (typically 5 to 10 trading sessions). Empirical financial research demonstrates that cluster purchases carry significantly higher predictive alpha than isolated single-officer buys, signaling strong collective confidence across the leadership team.
Yes, insider buying and selling is completely legal when executives, directors, and 10% owners trade during approved open window periods (such as after quarterly earnings disclosures) and comply with SEC Rule 10b5-1 pre-scheduled trading plans. These transactions become public record when disclosed to the SEC on Form 4 within 2 business days. Illegal insider trading, by contrast, involves trading on material non-public information (MNPI) prior to public disclosure.
Tickzen ingests Form 4 filings directly from the SEC EDGAR system continuously every 5 to 10 minutes throughout market hours and extended filing windows. Each filing is parsed in real time to filter out non-discretionary equity grants (Code A) and option exercises (Code M), isolating pure open-market discretionary transactions.