SEC Insider Trading

Track every stock trade by corporate officers, directors, and major shareholders. Data sourced from SEC Form 4 filings, updated daily.

What is a Form 4?

SEC Form 4 is a filing required whenever a corporate insider (officer, director, or 10%+ shareholder) buys or sells company stock. Unlike congressional disclosures (which allow up to 45 days), insiders must file within 2 business days of the transaction, making this some of the most timely trading data available.

Why track insider trades?

Corporate insiders have the deepest knowledge of their company's health, pipeline, and prospects. While insider selling can be routine (diversification, tax planning, pre-planned 10b5-1 trades), insider buying is almost always a bullish signal. When a CEO puts their own money on the line, it often means they see value the market hasn't priced in yet. Academic research consistently shows that insider purchases outperform the market over the following 12 months.

What is a 10b5-1 plan?

Rule 10b5-1 allows insiders to set up pre-planned trading schedules to sell stock at predetermined times or prices. These trades are less informative because they were scheduled in advance, not triggered by current information. RiskPicks flags 10b5-1 trades so you can distinguish planned sales from discretionary ones.

How to use this data

• See which insiders are buying and selling their own company stock
• Filter by role (officers, directors, 10%+ owners) and action (buy, sell)
• Click any trade to see full details and the original SEC filing
• Click a ticker to run AI Sentiment analysis with insider context

SEC Form 4 filings are public record. For informational purposes only. Not investment advice. Insiders must file within 2 business days of a transaction.