Insider Trades Tracker
Nobody knows a company better than the people who run it. When executives, directors, and major shareholders buy or sell their own stock, they must disclose it to the SEC on Form 4. StockInsider turns these dense regulatory filings into a clear timeline so you can see what company insiders are doing with their own money.
Legal vs. Illegal Insider Trading
The phrase "insider trading" describes two very different things. Illegal insider trading means buying or selling based on material, non-public information — a crime prosecuted by the SEC. Legal insider trading is the routine, fully disclosed activity of insiders trading their own company's shares and reporting it on Form 4. The disclosed filings are public records, and following them is a legitimate research technique used by professional and retail investors alike.
Why Insider Activity Matters
- • Conviction signal. Cluster buying by multiple insiders can signal confidence in the business.
- • Early awareness. Form 4 filings arrive within two business days — faster than quarterly fund filings.
- • Context for the numbers. Pair insider activity with earnings and guidance to build a fuller picture.
- • Risk flags. Heavy, coordinated selling can be worth a closer look.
Frequently Asked Questions
What is insider trading disclosure?
Corporate insiders — officers, directors, and shareholders who own more than 10% of a company — must report their trades to the SEC on Form 4, typically within two business days. This is legal, disclosed insider trading, distinct from the illegal kind based on material non-public information.
Are insider buys a bullish signal?
Insiders sell for many reasons — diversification, taxes, personal expenses — so selling is noisy. Buying is often considered more meaningful, because the most common reason an insider buys their own stock is that they expect it to rise. It is one signal among many, not a guarantee.
What is SEC Form 4?
Form 4 is the "Statement of Changes in Beneficial Ownership" that insiders file when they buy or sell company shares. It lists the transaction date, number of shares, price, and resulting ownership. StockInsider turns these filings into a readable timeline.