LIVE SEC EDGAR FORM 4 INGESTION

Recent Insider Trading Activity

Q: What is SEC Form 4 in insider trading?

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.

Q: What is the difference between Form 4 Code P and Code S?

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.

Q: What is cluster buying in insider trading?

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.

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

▼ -$46.05M Net Flow

↗

Buys (Inflow) $0 (0.0%)

$0M open-market purchases

↘

Sells (Outflow) $46.05M (100.0%)

$46.1M open-market sales

pie_chart Buy / Sell Ratio

0.0% Buy Bias

▼ 0.0% Buys

↗

Purchases 0 trades (0.0%)

Discretionary capital accumulation

↘

Sales 38 trades (100.0%)

Executive liquidation transactions

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🐋 Whale Trade

SAFX

XCF Global, Inc.

$142.1M

By EEME Energy SPV I, LLC 10% Owner

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Quick Presets: all_inclusive All Trades 🐋 Whale Buys ($1M+) 👔 C-Suite Buys (CEO/CFO) 💎 Significant Buys ($100k+) ⚡ Last 24 Hours 🚨 Major Insider Sales

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Open Market Transactions Only

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Live SEC Form 4 Transactions Stream

Showing 38 of 38 entries

Recency	Stock	Insider	Role	Type	Shares	Price	Total Value	SEC Form 4	Actions
4d ago 2026-10-19	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-6,375	$120.31	$767.0K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
4d ago 2026-10-19	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-19,122	$119.48	$2.28M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
4d ago 2026-10-19	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-88,114	$118.19	$10.41M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-16	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-29,649	$118.17	$3.50M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-16	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-19,046	$117.61	$2.24M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-16	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-6,305	$116.55	$734.8K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-15	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-340	$117.03	$39.8K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-15	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-41,660	$116.37	$4.85M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-14	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-732	$116.24	$85.1K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-14	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-11,468	$115.83	$1.33M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-14	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-40	$115.52	$4.6K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-14	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-11,960	$114.72	$1.37M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-13	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-400	$115.64	$46.3K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-13	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-8,393	$115.05	$965.6K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-13	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-950	$113.81	$108.1K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
1w ago 2026-10-13	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-3,257	$112.95	$367.9K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-09	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-40	$113.58	$4.5K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-09	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-11,960	$112.80	$1.35M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-08	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	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-08	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-4,168	$113.23	$471.9K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-07	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-13,000	$112.25	$1.46M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-06	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-7,529	$111.57	$840.0K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-06	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-5,671	$110.93	$629.1K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-05	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-100	$111.74	$11.2K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
2w ago 2026-10-05	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-11,800	$111.18	$1.31M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
3w ago 2026-10-01	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-5,722	$113.64	$650.2K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
3w ago 2026-10-01	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-6,378	$113.10	$721.4K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
3w ago 2026-09-30	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-160	$114.25	$18.3K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
3w ago 2026-09-30	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-11,840	$113.62	$1.35M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
3w ago 2026-09-29	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-360	$114.19	$41.1K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
3w ago 2026-09-29	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-11,740	$113.54	$1.33M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
3w ago 2026-09-28	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-4,893	$115.28	$564.1K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
3w ago 2026-09-28	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-7,207	$114.21	$823.1K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
4w ago 2026-09-25	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-9,958	$115.30	$1.15M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
4w ago 2026-09-25	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-3,542	$114.93	$407.1K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
4w ago 2026-09-24	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-12,200	$114.55	$1.40M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
Sep 23, 2026 2026-09-23	AFL AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-1,827	$116.22	$212.3K	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest
Sep 23, 2026 2026-09-23	AFL 🐋 Whale AFLAC INC	Japan Post Holdings Co., Ltd.	10% Owner	arrow_downward SELL	-10,373	$115.36	$1.20M	open_in_new Form 4	analytics Analyze online_prediction Forecast query_stats Backtest

Showing page 1 of 1 (38 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.

verified Data Provenance & Regulatory Citation Attribution SEC EDGAR Form 4 Feed

Primary Regulatory Source: Data streamed directly from the United States Securities and Exchange Commission (SEC) Electronic Data Gathering, Analysis, and Retrieval (EDGAR) system. Filings correspond to mandatory Section 16(a) beneficial ownership disclosures.

Citation Reference: Researchers, algorithms, and financial analysts citing this dataset may reference: Tickzen Real-Time SEC Form 4 Feed & Insider Sentiment Tracker (https://tickzen.app/stock-analysis/recent-insider-activity), based on public SEC EDGAR filings.

Cross-Reference Tools: Single Stock Backtest • Stock Analyzer • DCF Calculator • Prophet Forecast • Official SEC EDGAR Search