Insider Trading in 2026: The Year in SEC Filings
So far in 2026 (our records start Feb 13, 2026), insiders reported 11,069 open-market purchases ($42.3B) and 34,685 sales ($134.0B) on Form 4. This report breaks that down and rebuilds every day until the year is over.
The big picture
Insiders sell far more than they buy in every year, because they are paid in stock and sell some of it to pay taxes, diversify or spend. In 2026 they bought 31.6 cents of stock for every dollar they sold. The more useful number is how many people bought: 4,266 different insiders spent their own money on their company's shares, including 1,975 purchases by chief executives worth $1.61B.
Month by month
Our Form 4 records begin Feb 13, 2026, so the year so far is measured from that month. Earlier months will be added if we backfill older filings.
Buying was most widespread in May, when 1,060 insiders made purchases. Months with a sharp market fall usually bring a wave of buying, as insiders see their own stock as cheap.
bought sold (dollar value, same scale)
| Month | Purchases | Bought | Insiders buying | Sales | Sold |
|---|---|---|---|---|---|
| Feb | 829 | $742.6M | 510 | 3,046 | $9.34B |
| Mar | 1,720 | $3.68B | 973 | 4,918 | $22.9B |
| Apr | 798 | $19.8B | 484 | 3,060 | $11.3B |
| May | 1,762 | $6.65B | 1,060 | 4,920 | $19.8B |
| Jun | 1,443 | $4.89B | 781 | 4,786 | $22.3B |
| Jul | 774 | $942.8M | 385 | 2,834 | $9.13B |
| Aug | 1,627 | $2.04B | 901 | 5,329 | $19.2B |
| Sep | 1,356 | $2.38B | 722 | 3,588 | $14.0B |
| Oct | 705 | $1.09B | 348 | 2,180 | $6.03B |
By sector
Sectors ranked by dollars bought per dollar sold. Insiders were most willing to buy in Technology and least in Energy.
| Sector | Purchases | Bought | Sold | Bought per $1 sold |
|---|---|---|---|---|
| Technology | 1,131 | $28.9B | $37.9B | 76.2¢ |
| Real Estate | 535 | $373.4M | $994.9M | 37.5¢ |
| Utilities | 245 | $1.80B | $6.97B | 25.8¢ |
| Materials | 688 | $672.7M | $3.41B | 19.7¢ |
| Financials | 2,267 | $1.79B | $9.90B | 18.1¢ |
| Health Care | 1,722 | $3.20B | $18.2B | 17.6¢ |
| Communication Services | 236 | $270.7M | $1.93B | 14.0¢ |
| Consumer Discretionary | 1,108 | $2.06B | $18.3B | 11.2¢ |
| Industrials | 1,203 | $1.51B | $20.2B | 7.5¢ |
| Consumer Staples | 215 | $131.3M | $2.02B | 6.5¢ |
| Energy | 263 | $171.5M | $13.4B | 1.3¢ |
Largest purchases
| Insider | Stock | Bought | 3 months later vs S&P |
|---|---|---|---|
| Visionwave Holdings, Inc.Director | SVRE | $8.63B | −37.7% |
| Visionwave Holdings, Inc.Director | SVRE | $4.32B | −14.5% |
| Visionwave Holdings, Inc.Director | SVRE | $3.59B | −32.7% |
| Visionwave Holdings, Inc.Director | SVRE | $2.96B | −19.7% |
| Visionwave Holdings, Inc.Director | SVRE | $2.06B | −35.2% |
| Visionwave Holdings, Inc.Director | SVRE | $1.83B | −14.5% |
| Visionwave Holdings, Inc.Director | SVRE | $1.14B | −24.3% |
| Volkswagen AG10% owner | RIVN | $999.9M | −3.9% |
| Visionwave Holdings, Inc.Director | SVRE | $864.0M | too soon |
| Visionwave Holdings, Inc.Director | SVRE | $688.7M | +52.0% |
Largest sales
| Insider | Stock | Sold | Plan |
|---|---|---|---|
| Alpine (luxembourg) S.a.r.l. Ai10% owner | INIO | $2.69B | — |
| David Nanus10% owner | NRG | $2.65B | — |
| Ls Power Equity Advisors, LLC10% owner | NRG | $2.65B | — |
| Sgf Fang Holdings, LP10% owner | FANG | $2.15B | — |
| Sgf Fang Holdings, LP10% owner | FANG | $2.04B | — |
| Sgf Fang Holdings, LP10% owner | FANG | $1.86B | — |
| Sgf Fang Holdings, LP10% owner | FANG | $1.86B | — |
| Pentwater Capital Management LP10% owner | CAR | $1.02B | — |
| Kkr Phoenix Aggregator L.P.10% owner | BTSG | $857.5M | — |
| Kkr Group Partnership L.P.10% owner | BTSG | $857.5M | — |
Companies with the most insider buying and selling
Most bought: SVRE ($27.9B), RSG ($1.58B), RIVN ($1.00B), JEF ($628.7M), LEN ($595.3M), PBLS ($441.4M), CRBG ($339.5M), KLRA ($326.8M), PSUS ($321.5M), COE ($262.6M).
Most sold: FANG ($8.20B), NRG ($5.30B), CRWV ($4.88B), DELL ($3.57B), BTSG ($3.36B), INIO ($2.69B), WMT ($2.35B), LTH ($2.34B), CAR ($1.76B), LGN ($1.66B).
Did the purchases work?
Of the 4,780 purchases from 2026 that are at least three months old, the median stock finished −2.3% against the S&P 500 and 44% beat the index. The full analysis, by role, size and setup, is in Did insider buying beat the S&P 500 in 2026?
Examples
A single month can change the picture. In March 2020, as stocks crashed at the start of the pandemic, insider purchases jumped to their highest level in years while selling dried up; many of those purchases turned out to be well timed as the market recovered later that year. Watching how many insiders buy, not just how much, is how this report tries to spot moments like that.
Explain it like I'm 13
This is the school yearbook for insider trading: who bought, who sold, which months were busy, and which "classes" (sectors) liked their own stock most. Selling is like spending pocket money, everyone does it; buying with your own money is the part worth paying attention to.
Built from SEC Form 4 and 13F filings and STOCK Act reports as read by WallStPal, rebuilt every day. Prices are weekly closing prices derived from SEC data and can lag by a few weeks. Results describe what stocks did, not anyone's profit, and are not investment advice. See our method.
About this page
WallStPal explains public SEC filings and congressional stock trade reports in plain English. Nothing is for sale; the site is free and supported by ads.
How to read it
- Form 4
- The form a company insider (officer, director or owner of more than 10%) must file with the SEC within two business days of buying or selling the company's shares.
- 13F
- A quarterly list of U.S. stocks held by an investment manager with more than $100 million, filed within 45 days after each quarter ends.
- STOCK Act
- A 2012 law that requires members of Congress to report stock trades by themselves, a spouse or a dependent child within 45 days.
A real example
In January 2016, when bank stocks were falling, JPMorgan Chase CEO Jamie Dimon bought 500,000 JPMorgan shares with his own money, worth about $26 million. His Form 4 made the purchase public within days, and investors read it as a strong sign of confidence.
Explain it like I'm 13
We read the long, boring forms that grown-ups file with the government and tell you what they say in normal words.
Data from public SEC filings and congressional reports. Information, not investment advice. Check every number against the filing linked on the page.