QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)
QQQ   432.79 (+0.19%)
AAPL   188.32 (-0.58%)
MSFT   414.11 (+0.01%)
META   470.00 (+0.09%)
GOOGL   145.91 (+0.25%)
AMZN   169.84 (-0.40%)
TSLA   189.56 (+1.06%)
NVDA   696.41 (-0.65%)
NIO   5.82 (-0.68%)
AMD   169.35 (-0.93%)
BABA   70.74 (-3.94%)
T   16.82 (-2.94%)
F   12.83 (+0.23%)
MU   84.88 (-0.34%)
CGC   4.11 (-4.86%)
GE   139.07 (+0.41%)
DIS   110.54 (+11.50%)
AMC   4.09 (+3.81%)
PFE   27.56 (+0.00%)
PYPL   56.13 (-11.24%)
XOM   103.97 (+1.71%)

CEO Stock Purchases and Sales

CEOs of publicly-traded companies are required to report when they buy or sell shares of their company's stock to the Securities and Exchange Commission through Form 4 filings. This page uses SEC Form 4 data to identify which CEOs are buying shares of their company's stock, indicating they are bullish enough about the company they work for to bet their own money on its future growth.

Learn more about trading stocks based on insider trading.

MarketRank™ evaluates a company based on dividend strength, earnings, valuation, analysts forecasts, and more.
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Media sentiment refers to the percentage of positive news stories versus negative news stories a company has received in the past week.
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Analyst consensus is the average investment recommendation among Wall Street research analysts.
Available with a MarketBeat All Access Subscription
Analyst ConsensusUpgrade to All Access to use the All Ratings Filter
CompanyInsider NameBuy/SellShares Bought/SoldTotal TransactionShares Held After TransactionTransaction DateDetails
Virtu Financial, Inc. stock logo
VIRT
Virtu Financial
Douglas A Cifu (CEO)Buy50,000$810,500.00 584,1322/7/2024
OPKO Health, Inc. stock logo
OPK
OPKO Health
Phillip Md Et Al Frost (CEO)Buy1,500,000$1,470,000.00 207,368,2252/7/2024
CVB Financial Corp. stock logo
CVBF
CVB Financial
David A Brager (CEO)Buy2,000$33,500.00 152,8142/6/2024
Zions Bancorporation, National Association stock logo
ZION
Zions Bancorporation, National Association
Harris H Simmons (CEO)Buy3,600$140,364.00 1,261,8662/6/2024
Home Bancshares, Inc. (Conway, AR) stock logo
HOMB
Home Bancshares, Inc. (Conway, AR)
John W Allison (CEO)Buy20,000$454,800.00 5,509,9822/5/2024
QCR Holdings, Inc. stock logo
QCRH
QCR
Larry J Helling (CEO)Buy1,000$56,000.00 36,6012/5/2024
Monro, Inc. stock logo
MNRO
Monro
Michael T Broderick (CEO)Buy5,000$161,500.00 90,4872/2/2024
Markel Group Inc. stock logo
MKL
Markel Group
Thomas Sinnickson Gayner (CEO)Buy100$141,474.00 45,0392/2/2024
Intel Co. stock logo
INTC
Intel
Patrick P Gelsinger (CEO)Buy2,800$119,672.00 31,2752/1/2024
Relmada Therapeutics, Inc. stock logo
RLMD
Relmada Therapeutics
Sergio Traversa (CEO)Buy27,460$109,840.00 244,0241/31/2024
Columbia Banking System, Inc. stock logo
COLB
Columbia Banking System
Clint Stein (CEO)Buy9,500$199,120.00 165,6841/30/2024
Epsilon Energy Ltd. stock logo
EPSN
Epsilon Energy
Jason Stabell (CEO)Buy245,200$1,181,864.00 324,7341/30/2024
Akoustis Technologies, Inc. stock logo
AKTS
Akoustis Technologies
Jeffrey B Shealy (CEO)Buy1,310,000$655,000.00 2,222,7751/29/2024
Relmada Therapeutics, Inc. stock logo
RLMD
Relmada Therapeutics
Sergio Traversa (CEO)Buy31,541$117,017.11 175,5651/29/2024
Intel Co. stock logo
INTC
Intel
Patrick P Gelsinger (CEO)Buy3,000$130,080.00 28,4751/29/2024
Community Trust Bancorp, Inc. stock logo
CTBI
Community Trust Bancorp
Mark A Gooch (CEO)Buy856$35,678.08 27,1911/24/2024
OPKO Health, Inc. stock logo
OPK
OPKO Health
Phillip Md Et Al Frost (CEO)Buy400,000$388,000.00 205,368,2251/18/2024
The OLB Group, Inc. stock logo
OLB
The OLB Group
Ronny Yakov (CEO)Buy784,212$603,843.24 5,409,7011/16/2024
OPKO Health, Inc. stock logo
OPK
OPKO Health
Phillip Md Et Al Frost (CEO)Buy1,000,000$950,000.00 204,968,2251/16/2024
Tilray Inc stock logo
TLRY
Tilray
Irwin D Simon (CEO)Buy53,700$100,956.00 2,033,0581/12/2024
Dorian LPG Ltd. stock logo
LPG
Dorian LPG
John C Hadjipateras (CEO)Buy5,000$212,900.00 1,777,7401/12/2024
OPKO Health, Inc. stock logo
OPK
OPKO Health
Phillip Md Et Al Frost (CEO)Buy511,531$480,839.14 203,968,2251/11/2024
General American Investors Company, Inc. stock logo
GAM
General American Investors
Jeffrey W Priest (CEO)Buy1,000$42,190.00 95,6161/8/2024
Walgreens Boots Alliance, Inc. stock logo
WBA
Walgreens Boots Alliance
Timothy C Wentworth (CEO)Buy10,000$242,200.00 585,1221/5/2024
OPKO Health, Inc. stock logo
OPK
OPKO Health
Phillip Md Et Al Frost (CEO)Buy1,500,000$1,350,000.00 203,456,6941/5/2024
Fortress Biotech, Inc. stock logo
FBIO
Fortress Biotech
Lindsay A Md Rosenwald (CEO)Buy50,000$119,000.00 2,863,9051/5/2024
HighPeak Energy, Inc. stock logo
HPK
HighPeak Energy
Jack Hightower (CEO)Buy50,000$734,500.00 4,672,86312/29/2023
HighPeak Energy, Inc. stock logo
HPK
HighPeak Energy
Jack Hightower (CEO)Buy9,315$139,725.00 4,518,14812/27/2023
Moleculin Biotech, Inc. stock logo
MBRX
Moleculin Biotech
Walter V Klemp (CEO)Buy188,404$129,998.76 680,88012/26/2023
HighPeak Energy, Inc. stock logo
HPK
HighPeak Energy
Jack Hightower (CEO)Buy50,442$715,771.98 4,408,83312/21/2023
VII
7GC & Co. Holdings Inc.
Joseph P Davy (CEO)Buy2,898$9,998.10 2,89812/21/2023
BioAtla, Inc. stock logo
BCAB
BioAtla
Jay M Phd Short (CEO)Buy50,000$107,000.00 1,439,28312/20/2023
LQR House Inc. stock logo
LQR
LQR House
Sean Dollinger (CEO)Buy23,100$106,260.00 2,806,53112/20/2023
Dominari Holdings Inc. stock logo
DOMH
Dominari
Anthony Hayes (CEO)Buy70,000$140,000.00 98,80412/20/2023
Flowers Foods, Inc. stock logo
FLO
Flowers Foods
Ryals Mcmullian (CEO)Buy9,100$200,109.00 849,02812/18/2023
Beyond Air, Inc. stock logo
XAIR
Beyond Air
Steven A Lisi (CEO)Buy77,775$126,773.25 1,536,47112/18/2023
American Outdoor Brands, Inc. stock logo
AOUT
American Outdoor Brands
Brian Daniel Murphy (CEO)Buy3,378$25,267.44 216,38012/15/2023
Biglari Holdings Inc. stock logo
BH
Biglari
Sardar Biglari (CEO)Buy521$149,125.83 1,265,81112/15/2023
ESSA Pharma Inc. stock logo
EPIX
ESSA Pharma
David Ross Parkinson (CEO)Buy9,223$21,212.90 65,67512/14/2023
Aware, Inc. stock logo
AWRE
Aware
Robert A Eckel (CEO)Buy17,000$27,540.00 328,40712/14/2023
Liquidia Co. stock logo
LQDA
Liquidia
Roger Jeffs (CEO)Buy139,665$1,000,001.40 640,80512/14/2023
Asure Software, Inc. stock logo
ASUR
Asure Software
Patrick Goepel (CEO)Buy3,000$23,490.00 970,88812/14/2023
LuxUrban Hotels Inc. stock logo
LUXH
LuxUrban Hotels
Brian Ferdinand (CEO)Buy25,000$114,000.00 225,82512/13/2023
Ooma, Inc. stock logo
OOMA
Ooma
Eric B Stang (CEO)Buy10,000$98,500.00 388,12512/13/2023
NewtekOne, Inc. stock logo
NEWT
NewtekOne
Barry Sloane (CEO)Buy3,000$40,350.00 1,140,28012/13/2023
Biglari Holdings Inc. stock logo
BH
Biglari
Sardar Biglari (CEO)Buy1,429$343,545.89 1,264,88712/13/2023
Cibus, Inc. stock logo
CBUS
Cibus
Rory B Riggs (CEO)Buy517,107$5,470,992.06 1,622,49512/12/2023
Sally Beauty Holdings, Inc. stock logo
SBH
Sally Beauty
Denise Paulonis (CEO)Buy4,000$45,160.00 170,82612/12/2023
Hennessy Advisors, Inc. stock logo
HNNA
Hennessy Advisors
Neil J Hennessy (CEO)Buy7,190$46,735.00 2,066,94412/12/2023
DNP Select Income Fund Inc. stock logo
DNP
DNP Select Income Fund
David D Jr. Grumhaus (CEO)Buy3,000$24,900.00 5,87912/12/2023
Planet Fitness, Inc. stock logo
PLNT
Planet Fitness
Craig R Benson (CEO)Buy10,000$681,500.00 35,00012/11/2023
Biglari Holdings Inc. stock logo
BH
Biglari
Sardar Biglari (CEO)Buy4,561$995,529.47 1,260,10712/11/2023
Agree Realty Co. stock logo
ADC
Agree Realty
Joey Agree (CEO)Buy1,350$78,934.50 554,60312/11/2023
Heartland Express, Inc. stock logo
HTLD
Heartland Express
Michael J Gerdin (CEO)Buy64,475$901,360.50 452,59412/11/2023
Delcath Systems, Inc. stock logo
DCTH
Delcath Systems
Gerard J Michel (CEO)Buy34,000$99,960.00 262,34512/8/2023
Green Plains Inc. stock logo
GPRE
Green Plains
Todd A Becker (CEO)Buy5,419$125,070.52 695,38612/8/2023
Hillenbrand, Inc. stock logo
HI
Hillenbrand
Kimberly K Ryan (CEO)Buy3,156$124,788.24 109,92512/7/2023
Nephros, Inc. stock logo
NEPH
Nephros
Robert R Jr. Banks (CEO)Buy18,000$39,600.00 20,00012/7/2023
Black Stone Minerals, L.P. stock logo
BSM
Black Stone Minerals
Thomas L Carter Jr (CEO)Buy29,000$463,710.00 2,790,36812/7/2023
Upexi, Inc. stock logo
UPXI
Upexi
Allan Marshall (CEO)Buy90,001$84,600.94 2,754,33312/7/2023
MGP Ingredients, Inc. stock logo
MGPI
MGP Ingredients
David Colo (CEO)Buy1,000$87,700.00 83,78212/6/2023
Matador Resources stock logo
MTDR
Matador Resources
Joseph Wm Foran (CEO)Buy2,000$108,600.00 24,63712/6/2023
SuRo Capital Corp. stock logo
SSSS
SuRo Capital
Mark D Klein (CEO)Buy14,815$60,889.65 1,071,49612/6/2023
Rani Therapeutics Holdings, Inc. stock logo
RANI
Rani Therapeutics
Talat Imran (CEO)Buy10,000$22,700.00 484,45512/6/2023
Erasca, Inc. stock logo
ERAS
Erasca
Jonathan E Lim (CEO)Buy721,850$1,219,926.50 12,899,36012/5/2023
Bristol-Myers Squibb stock logo
BMY
Bristol-Myers Squibb
Christopher S Boerner (CEO)Buy2,000$99,560.00 82,67212/5/2023
SuRo Capital Corp. stock logo
SSSS
SuRo Capital
Mark D Klein (CEO)Buy19,000$76,570.00 1,037,68112/4/2023
Dolphin Entertainment, Inc. stock logo
DLPN
Dolphin Entertainment
William Iv O'dowd (CEO)Buy20,000$34,200.00 133,38611/30/2023
Viracta Therapeutics, Inc. stock logo
VIRX
Viracta Therapeutics
Mark Rothera (CEO)Buy52,094$25,526.06 52,09411/30/2023
SuRo Capital Corp. stock logo
SSSS
SuRo Capital
Mark D Klein (CEO)Buy18,900$75,033.00 1,006,79611/30/2023
PepGen Inc. stock logo
PEPG
PepGen
James G Mcarthur (CEO)Buy1,694$7,063.98 1,69411/30/2023
Arbor Realty Trust, Inc. stock logo
ABR
Arbor Realty Trust
Ivan Kaufman (CEO)Buy10,000$120,500.00 1,108,41211/29/2023
Ranger Energy Services, Inc. stock logo
RNGR
Ranger Energy Services
Stuart Bodden (CEO)Buy10,000$98,500.00 140,09611/29/2023
Rani Therapeutics Holdings, Inc. stock logo
RANI
Rani Therapeutics
Talat Imran (CEO)Buy20,000$41,000.00 469,45511/29/2023
Kemper Co. stock logo
KMPR
Kemper
Joseph P Lacher Jr (CEO)Buy5,000$216,000.00 5,00011/28/2023
Bristol-Myers Squibb stock logo
BMY
Bristol-Myers Squibb
Christopher S Boerner (CEO)Buy3,071$150,049.06 79,38411/28/2023
Runway Growth Finance Corp. stock logo
RWAY
Runway Growth Finance
R David Spreng (CEO)Buy8,022$102,681.60 152,80511/27/2023
NewtekOne, Inc. stock logo
NEWT
NewtekOne
Barry Sloane (CEO)Buy5,232$67,963.68 1,137,28011/27/2023
Spectrum Brands Holdings, Inc. stock logo
SPB
Spectrum Brands
David M Maura (CEO)Buy20,000$1,328,200.00 744,39111/27/2023
Arbor Realty Trust, Inc. stock logo
ABR
Arbor Realty Trust
Ivan Kaufman (CEO)Buy20,000$240,800.00 1,088,41211/27/2023
Arbor Realty Trust, Inc. stock logo
ABR
Arbor Realty Trust
Ivan Kaufman (CEO)Buy20,000$243,000.00 1,068,41211/24/2023
Yum China Holdings, Inc. stock logo
YUMC
Yum China
Joey Wat (CEO)Buy14,000$647,640.00 269,14411/22/2023
Runway Growth Finance Corp. stock logo
RWAY
Runway Growth Finance
R David Spreng (CEO)Buy9,662$122,127.68 144,78311/22/2023
Mineralys Therapeutics, Inc. stock logo
MLYS
Mineralys Therapeutics
Jon Congleton (CEO)Buy4,250$25,372.50 1,049,06811/22/2023
Topgolf Callaway Brands Corp. stock logo
MODG
Topgolf Callaway Brands
Oliver G Brewer III (CEO)Buy11,000$128,480.00 611,15611/22/2023
LQR House Inc. stock logo
LQR
LQR House
Sean Dollinger (CEO)Buy12,551$60,244.80 46,35211/21/2023
Holley Inc. stock logo
HLLY
Holley
Matthew Stevenson (CEO)Buy11,147$44,476.53 2,405,85811/21/2023
Union Pacific Co. stock logo
UNP
Union Pacific
Vincenzo J Vena (CEO)Buy4,500$999,000.00 5,10611/21/2023
Arbor Realty Trust, Inc. stock logo
ABR
Arbor Realty Trust
Ivan Kaufman (CEO)Buy15,000$183,450.00 1,048,41211/21/2023
SoFi Technologies, Inc. stock logo
SOFI
SoFi Technologies
Anthony Noto (CEO)Buy22,500$146,250.00 7,261,78911/21/2023
Vista Outdoor Inc. stock logo
VSTO
Vista Outdoor
Gary L Mcarthur (CEO)Buy1,735$45,005.90 94,56011/21/2023
loanDepot, Inc. stock logo
LDI
loanDepot
Frank Martell (CEO)Buy20,000$34,400.00 473,60911/20/2023
Heartland Express, Inc. stock logo
HTLD
Heartland Express
Michael J Gerdin (CEO)Buy95,602$1,250,474.16 427,79411/20/2023
Iridium Communications Inc. stock logo
IRDM
Iridium Communications
Matthew J Desch (CEO)Buy28,000$1,036,280.00 706,91211/20/2023
Nutex Health Inc. stock logo
NUTX
Nutex Health
Thomas T Vo (CEO)Buy275,200$63,296.00 269,822,77611/20/2023
Runway Growth Finance Corp. stock logo
RWAY
Runway Growth Finance
R David Spreng (CEO)Buy7,500$92,925.00 127,43211/20/2023
Ameresco, Inc. stock logo
AMRC
Ameresco
George P Sakellaris (CEO)Buy5,000$145,950.00 1,100,00011/20/2023
Groupon, Inc. stock logo
GRPN
Groupon
Dusan Senkypl (CEO)Buy137,946$1,343,594.04 7,040,31011/20/2023
Veritone, Inc. stock logo
VERI
Veritone
Ryan Steelberg (CEO)Buy49,752$101,991.60 215,17411/17/2023
Tourmaline Bio, Inc. stock logo
TRML
Tourmaline Bio
Sandeep Chidambar Kulkarni (CEO)Buy4,000$67,960.00 729,73511/17/2023
What is Insider Trading?

Key Points

  • Stakeholders who buy and sell stocks based on privileged information are often breaking the law and face stiff penalties.
  • However, insider trading is legal in some cases.
  • Learn how following legal inside trade transactions can help you make more informed investment decisions.

Insider trading has a sinister connotation, and for good reason. Stakeholders who buy and sell stocks based on privileged information are often breaking the law and face stiff penalties. However, in some cases, insider trading, sometimes called inside trading, is legal.

We’ll walk through the insider trading definition and go over certain cases where it’s perfectly acceptable for company insiders to buy and sell their stock. You'll also discover how following legal inside trade transactions can help you make more informed investment decisions.

What is Insider Trading?

What is insider trading, exactly? When someone buys and sells securities based on material, nonpublic information related to the security, it’s insider trading. 

Is insider trading illegal? When executives, analysts or large shareholders of the company do it, it’s illegal in most cases because it gives the insider an unfair advantage over the general public.

The Securities and Exchange Commission (SEC) regulates insider trading to prevent unfair advantages and to ensure fair and orderly markets. Insider trading is illegal if the trader has knowledge of the material and nonpublic information about the security. This means that the insider has knowledge of information that could affect the security’s price and the public does not.

Legal insider trading occurs when an insider has access to material nonpublic information but does not use it to gain an advantage in trading. Legal insider trading is regulated by the SEC. You can read our guide on what to know about insider trades for more information.

Understanding Insider Trading

Insider trading can have a significant impact on a company’s stock price. When nonpublic information is leaked and traded illegally, it can cause the stock price to move in a direction not reflective of the company’s true value. This can create an unfair playing field for other investors and can lead to losses for those who are unaware of insider trading. It’s a good idea to know about insider trading and to avoid investing in companies that may engage in it.

Meanwhile, legitimate insider trading can be an invaluable source of information. By tracking insider transactions, you can get a better sense of the direction the company will go and can get an indication of the company's future prospects. You can find companies with high amounts of insiders buying and selling their stocks with our insider trades screener.

Buying and selling shares of stock are important trading signals for investors because it reveals insiders’ confidence in the company’s future. When directors buy shares, it indicates that they are confident that the company is in good shape and that their investments in the company will pay off. When directors sell shares, it indicates that they are not as confident in the company’s prospects and that they may be looking to cash out before the stock price drops.

A chief financial officer (CFO) at the company often has the best estimation of a company's financial health. For this reason, it can be valuable to monitor CFO buys and sells.

Legal insider stock trading refers to the practice of trading stocks through an insider’s knowledge of a company’s performance. This type of trading is illegal in many countries, as it is seen as a form of insider trading. However, in some countries, such as the United States, it is permissible under certain circumstances.

Here’s an example of legal insider trading: A company executive uses knowledge of the company’s financial performance to purchase stocks in the company. This type of insider trading is legal if reported to the SEC and if the purchase was not made using material nonpublic information.

Illegal Insider Trading

Illegal insider stock trading is a type of securities fraud that occurs when a person uses nonpublic information to make trades in the stock market. This type of fraud involves a person who is in a position of trust and has access to confidential information about a company.

An example of illegal insider stock trading is when a person uses nonpublic information about a company to purchase or sell its stock. For example, if an executive of a company knows that the company will announce a major new product, they may purchase stock in the company before the announcement is made public. This is illegal because the executive uses information not available to the general public and trade on it to benefit themselves.

Another example of illegal insider stock trading is when a person uses information that they gained from another person in a position of trust. For example, if a lawyer is privy to information about a company that is not publically available, such as a potential merger or acquisition, they may use that information to buy or sell stock in the company. This is illegal because the lawyer used information gained through a position of trust and will trade on it for their own benefit.

Insider Trading vs. Insider Information

“Insider trading” and “insider information” describe buying and selling securities by people who have access to information not available to the general public. Insider trading is illegal and can result in criminal penalties, while insider information is legal and can be used to inform investment decisions.

Insider Trading

Insider trading is the buying or selling of securities by people who have access to non-public information about the company or security. This type of trading is illegal and can result in criminal prosecution. Examples of insider trading might look like this: 

A company executive purchases shares of his own company based on non-public financial information. In another example, a person who receives a tip from a friend in the company about a pending merger buys shares before the public knows about the news.

Insider Information

Insider information refers to information about a company or security that is not available to the public. It includes knowledge of a company’s upcoming earnings report, a pending acquisition or news of a new product launch. You can use this type of information to inform investment decisions, but it is not illegal to possess or use it. 

Insider information can be obtained from a variety of sources, including through company executives, financial advisors, industry analysts and news outlets. Remember that insider information is not always accurate and that it should not be used as the sole basis for investing decisions. 

In conclusion, insider trading and insider information are related but distinct concepts. Insider trading is illegal and can lead to criminal penalties, while insider information is legal and you can use it to inform investment decisions. It is important to remember that insider information should not be used as the sole basis for investment decisions and that it is not always accurate.

Where to Find Insider Trading Data 

The primary source for insider trading data is the U.S. Securities and Exchange Commission (SEC). The SEC requires companies to disclose certain transactions involving securities or derivatives of securities. Companies must file a Form 4 with the SEC whenever an insider makes a transaction, such as buying or selling shares or exercising options. These forms are available on the SEC’s website and can be accessed using the SEC’s EDGAR database

Investors can also access insider trading data directly from the companies themselves. Companies are required to file an 8-K form with the SEC whenever there is a material change in the company’s operations. These forms often contain information about insider trading transactions. Companies must disclose any stock options granted to executives and other insiders. This information is typically available in the company’s proxy statement, available on the SEC’s EDGAR website. 

How to Use Insider Trading Information Legally

While insider trading is generally illegal, there are ways to use insider trading information legally.

First, investors can use public information about insider trading activity to learn more about the company and its stock. For example, investors can watch for large purchases or sales of a company’s stock by its officers or directors. These transactions are reported to the SEC and can be found on the SEC’s EDGAR website. Investors can then use the information to research the company and make informed investment decisions.

Second, investors can create an “insider trading watch list,” where they track specific officers or directors and watch for any unusual trading activity. This can help investors stay up to date on potential major changes that may be taking place within the company.

Third, investors can use their knowledge of insider trading activity to identify potential investment opportunities. For example, if an officer or director of a company has made a large purchase of the company’s stock, it could be a sign that the company is doing well and is a good investment.

Finally, investors can use “insider trading alerts” to help them stay informed about any new insider trading activity. These alerts are available from various sources, including the SEC, and will notify you of any new insider trading activity.

Insider Trading Data Offers a Wealth of Information

While illegal insider trading is severely punished, legal insider traders can send signals to the market about how they feel about the future performance of their company. Now that you know the answer to “What does insider trading mean?” you know that investors who pay attention to these signals may make more informed investment decisions.

FAQs

Let’s take a look at some frequently asked questions about insider trading.

What are examples of insider trading?

Examples of insider trading include executives trading company securities with the knowledge of quarterly earnings or employees trading based on material nonpublic information they learned while working with the company.

Insider trading is illegal in most countries and can lead to fines, imprisonment or both, depending on the severity of the infraction. Legal insider trading can be done by stakeholders in the company under specific scenarios.

What is the meaning of insider trade?

An insider trade is when a company executive or employee buys or sells stock in the company they work for. This can be both legal and illegal in certain circumstances.

What are the two types of insider trading?

The two types of insider trading include legal insider trading and illegal insider trading. Legal insider trading occurs when corporate insiders, such as executives and directors, use information that is not available to the public to buy and sell stocks, in accordance with legal regulations.

Illegal insider trading occurs when corporate insiders use confidential information to buy or sell stocks in the company for their own personal gain.



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