The total dollar amount of an insider transaction, calculated as Shares multiplied by Price.
Definition
In the context of insider trading analysis, nominal value refers to the gross fiat value of a transaction. It is derived by multiplying the exact number of shares transacted (from Form 4 Table I) by the exact price per share paid or received.
Why it matters for Whale Tracking
Tracking shares alone is misleading because a 10,000 share purchase of a $2 stock is vastly different from a 10,000 share purchase of a $500 stock. Nominal value normalizes the data into standard USD, allowing for accurate comparison between different companies and executives.
Technical Nuance
Nominal value provides a standardized measure for comparing transactions across different securities and time periods, ensuring consistency in data analysis.
Track Nominal Values Live
Stop reading history. See what corporate insiders are buying right now in our real-time terminal.
Real-World Example
"If a director buys 5,000 shares at $200 each, the nominal value of the transaction is $1,000,000. This $1M metric is what feeds into the Net Capital Flow algorithms on the terminal."
Fundamental Quant Thesis
Go beyond the raw data. Read institutional-grade analysis on why net-capital-flow insiders are moving capital and the long-term structural impact.