Smart money · Form 4

Insider Activity

Receipt-linked open-market Form 4 buys and sells in the covered universe. Buys carry transparent Insider Conviction; sells carry neutral Notability with 10b5-1 status separated when the filing data supports it.

As of Jul 11 2026, 7:31 AM EDT · Source: SEC EDGAR (Form 4) · Open-market own-stock buys/sells only (codes P/S)
Net balance · 30d
Buys: 4 · $2.5M|Sells: 332 · $1.2B|Net: -$1.2B
Sell-bias window·10b5-1 planned share 0.0%
Combined ledger · 30d
12
Receipt-linked rows
Total value
$1.2B
Open-market value
Companies
38
Unique tickers
Insiders
69
Unique filers
Biggest row
$467.0M
SELL · WMT
Top signal
81
SNOW · High
Cluster activity this window · 2+ distinct insiders, same ticker, same direction
Min $ · Any$50K+$250K+$1M+Mkt cap · AllMegaLargeMidSmallHide 10b5-1 planned
Filed SideTicker InsiderSharesPriceValue Δ HoldingsScore Signal Filing
Jun 18SELL
Plan unknown
WMT
Walmart
Walton Family Holdings Trust
Insider
3,860,251$120.98
$467.0M
Sell
-0.8%58NEUTRAL
66 · Elevated
Notability factors

role 45 · holdings delta 38 · size 100 · cluster 100 · score divergence 48 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jun 23SELL
Plan unknown
NVDA
NVIDIA
STEVENS MARK A
Insider
565,615$210.44
$119.0M
Sell
-9.8%73BUY BIAS
63 · Watch
Notability factors

role 45 · holdings delta 55 · size 100 · cluster 34 · score divergence 76 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jun 23SELL
Plan unknown
NVDA
NVIDIA
STEVENS MARK A
Insider
319,385$209.70
$67.0M
Sell
-5.2%73BUY BIAS
63 · Watch
Notability factors

role 45 · holdings delta 55 · size 100 · cluster 34 · score divergence 76 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jun 18SELL
Plan unknown
WMT
Walmart
Walton Family Holdings Trust
Insider
539,737$121.78
$65.7M
Sell
-0.1%58NEUTRAL
66 · Elevated
Notability factors

role 45 · holdings delta 38 · size 100 · cluster 100 · score divergence 48 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jul 6SELL
Plan unknown
SNOW
Snowflake
Dageville Benoit
Insider
140,819$254.64
$35.9M
Sell
-43.8%64BUY BIAS
81 · High
Notability factors

role 45 · holdings delta 88 · size 100 · cluster 100 · score divergence 76 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jul 1SELL
Plan unknown
AMAT
Applied Materials
DICKERSON GARY E
Insider
50,332$700.21
$35.2M
Sell
-3.0%64BUY BIAS
70 · Elevated
Notability factors

role 45 · holdings delta 38 · size 100 · cluster 100 · score divergence 76 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jun 17SELL
Plan unknown
ABNB
Airbnb
Gebbia Joseph
Insider
187,190$138.53
$25.9M
Sell
-6.0%59NEUTRAL
69 · Elevated
Notability factors

role 45 · holdings delta 55 · size 100 · cluster 100 · score divergence 48 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jul 1SELL
Plan unknown
ABNB
Airbnb
Gebbia Joseph
Insider
119,275$148.41
$17.7M
Sell
-4.2%59NEUTRAL
66 · Elevated
Notability factors

role 45 · holdings delta 38 · size 100 · cluster 100 · score divergence 48 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jul 1SELL
Plan unknown
AMAT
Applied Materials
DICKERSON GARY E
Insider
19,970$735.22
$14.7M
Sell
-1.2%64BUY BIAS
70 · Elevated
Notability factors

role 45 · holdings delta 38 · size 100 · cluster 100 · score divergence 76 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jul 6SELL
Plan unknown
SNOW
Snowflake
Dageville Benoit
Insider
50,000$254.64
$12.7M
Sell
-1.7%64BUY BIAS
70 · Elevated
Notability factors

role 45 · holdings delta 38 · size 100 · cluster 100 · score divergence 76 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jul 1SELL
Plan unknown
ABNB
Airbnb
Gebbia Joseph
Insider
77,722$147.69
$11.5M
Sell
-2.7%59NEUTRAL
66 · Elevated
Notability factors

role 45 · holdings delta 38 · size 100 · cluster 100 · score divergence 48 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗
Jul 6SELL
Plan unknown
MU
Micron Technology
ARNZEN APRIL S
Insider
10,497$1079.99
$11.3M
Sell
-8.7%78STRONG
72 · Elevated
Notability factors

role 45 · holdings delta 55 · size 100 · cluster 76 · score divergence 92 · plan status 54

Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%.

10b5-1: plan unknown.

Form 4 ↗

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Methodology

Buys use Insider Conviction: role 20%, holdings delta 20%, disclosed value 20%, cluster 15%, Veridion Score agreement 15%, rarity 10%. Sells use neutral Notability: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%. Missing factors are omitted and remaining weights are normalized.

Source discipline

Data: SEC EDGAR Form 4 · open-market own-stock buys and sells, transaction codes P and S. Identification, not recommendation.

Loaded universe 127 · receipt drops 0
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