Smart money / SEC Form 4
Insider Activity
As of Sep 11
Receipt-linked open-market buys and sells, with planned sales separated only when the filing supports it. How we read filings
As of Sep 11 2026, 11:33 AM EDT
Net flow · 30 days
- Buys
- $23.9M
- Sells
- $68M
- Net
- -$44.1M
- Filed rows
- 68
- Disclosed value
- $91.9M
- Companies
- 24
- Insiders
- 31
- Clusters
- 4
- Top evidence score
- 86
Snapshot/Last attempt: Sep 11 2026, 11:19 AM EDT; sec source did not respond. Reason: The batch found Form 4 filings, but their accession documents were unavailable.
One transaction can be noise. Repeated open-market action by distinct insiders is the stronger exhibit, so clusters are separated from the complete filing ledger rather than promoted as cards.
Filed ledger
Combined ledger · 30d
Sort and filter the receipt-qualified record; no transaction is published without an exact SEC accession link.
| Filed | Side | Ticker | Insider | Shares | Price | Value ▼ | Δ Holdings | Score | Signal | Filing |
|---|---|---|---|---|---|---|---|---|---|---|
| Sep 9 | Sell | ◆ SNOW Snowflake | GARRETT MARK Director | 50,000 | $350 | $17,500,000 | -83.2% | 62Upper range | 86 · HighSale notability factors role 62 · holdings delta 100 · 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 ↗ 0001246215-26-000003 |
| Sep 10 | Sell 10b5-1 planned | ◆ SNOW Snowflake | Dageville Benoit Director | 50,000 | $335.72 | $16,786,000 | -1.9% | 62Upper range | 69 · ElevatedSale notability factors role 62 · holdings delta 38 · size 100 · cluster 100 · score divergence 76 · plan status 24 Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%. 10b5-1: planned. | Form 4 ↗ 0001821737-26-000013 |
| Sep 9 | Sell 10b5-1 planned | ◆ SNOW Snowflake | Speiser Michael L Director | 34,005 | $353.87 | $12,033,383 | -2.8% | 62Upper range | 69 · ElevatedSale notability factors role 62 · holdings delta 38 · size 100 · cluster 100 · score divergence 76 · plan status 24 Weights: role 15%, holdings delta 22%, value 22%, cluster 16%, score divergence 15%, 10b5-1 status 10%. 10b5-1: planned. | Form 4 ↗ 0001231919-26-001154 |
Coverage note ↗ 3 receipt-linked open-market filings are shown. No same-direction cluster reached two distinct insiders in this window. 10b5-1 status could not be resolved from filing language for 1 sale and is omitted. Rows without an exact SEC accession receipt are excluded.
Methodology
Different rules for buys and sells
Purchases use the Insider Evidence score: role 20%, holdings delta 20%, disclosed value 20%, cluster 15%, Veridion Score agreement 15%, rarity 10%. Sales 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.
SEC EDGAR Form 4, transaction codes P and S. Loaded universe 129; receipt drops 0. Identification, not recommendation.