Insider trading tracker: SEC Form 4 filings, explained

When a company's officers, directors or 10% shareholders buy or sell its stock, they must report it to the U.S. Securities and Exchange Commission on a Form 4, normally within two business days. These filings are public, legal and searchable. AlfaFinances turns them into a readable feed.

AlfaFinances insider page showing live SEC Form 4 filings with a score, role, value and share count
The live insider feed. Each filing shows the insider, their role, the dollar value, share count and an activity score.

What you can see

Free versus paid

Everyone can see the most recent filings on the insider page. The full list and ticker-by-ticker Insider SEC Search are on the Plus and Pro plans. See pricing.

How to read a Form 4 sensibly

Is this the same as illegal insider trading?

No. Form 4 filings report legal trades by insiders, disclosed to the public. Illegal insider trading means trading on material non-public information. You can verify any filing yourself on SEC EDGAR.

Related

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Frequently asked questions

What is an SEC Form 4?

A Form 4 is the report that corporate insiders (officers, directors and holders of more than 10% of a company's stock) file with the SEC when they buy or sell company stock. It is generally due within two business days of the transaction.

Is insider buying a reliable buy signal?

Not on its own. Insider purchases can be informative, but they do not guarantee a stock will rise, and there are many reasons an insider might trade. Treat it as one input among many, never as advice.

Where does AlfaFinances get its insider data?

From the SEC's public EDGAR filings. You can verify any filing against EDGAR directly.

How is the activity score calculated?

It is an algorithmic estimate used to sort filings, based on factors such as the trade size and the insider's role. It is not a forecast and not a recommendation.

Do I need to pay to see insider trades?

The most recent filings are free to view. Plus and Pro unlock the full list and search by ticker.

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Educational information only, not financial advice. AlfaFinances does not execute trades, hold your money or recommend that you buy or sell any security. Prices and company data come from public sources and may be delayed or inaccurate. Past performance does not indicate future results, and investing involves risk, including loss of principal. See our editorial policy and privacy policy. Last updated: .