Terminal Glossary
A comprehensive reference guide for SEC regulations, trading terminology, and quantitative insider metrics.
SEC Form 4
The mandatory document filed when an insider buys or sells company stock.
Rule 10b5-1 Trading Plan
A pre-established plan allowing insiders to sell stock on a set schedule to avoid insider trading allegations.
Cluster Buying
When multiple executives or directors purchase shares of their own company within a short timeframe.
Open Market Purchase
When an insider voluntarily buys their company's stock on the public exchange using their own capital.
Open Market Sale
When an insider voluntarily liquidates shares of their company on the public exchange.
SEC Form 3
The initial statement of beneficial ownership for new corporate insiders.
SEC Form 5
An annual summary of insider transactions that were not reported on Form 4.
Option Exercise (Code M)
When an insider converts their equity derivatives into common stock.
Tax Withholding (Code F)
Shares surrendered automatically by an insider to cover tax liabilities.
Insider Sentiment
A quantitative metric evaluating the overall bullish or bearish bias of corporate leadership.
C-Suite
The top echelon of senior executives within a corporation.
Whale Tracking
The algorithmic monitoring of market movements made by ultra-high-net-worth insiders and institutions.
Nominal Value
The total dollar amount of an insider transaction, calculated as Shares multiplied by Price.
Net Capital Flow
The difference between total insider buying volume and total insider selling volume over a timeframe.
10% Beneficial Owner
Any person or entity that owns more than 10% of a company's voting shares.
Schedule 13D
A form filed when an investor acquires more than 5% of a company with active intentions.
Form 13F
A quarterly report filed by institutional investment managers with over $100M in qualifying assets.
Institutional Investor
Large organizations that pool capital to trade massive volumes of securities.
Liquidity Event
A transaction that converts an illiquid asset (like private equity or restricted stock) into cash.
Form 144
A notice of the proposed sale of restricted or control securities.