Last filing scored 6m ago
Every insider trade,
triaged.
Form 4 AI ingests SEC insider filings within minutes of EDGAR publication, filters out the routine compensation noise, and writes a plain-English AI thesis on the high-signal ones.
The problem
The signal is in the noise.
On any given day, 200 to 600 SEC Form 4 filings hit EDGAR. The vast majority are noise — automatic option grants, mechanical 10b5-1 sales, performance vesting. Reading them in raw XML is impossible.
The handful of filings that actually carry information — a CEO's first open-market buy in three years, a cluster of officers loading up the same week, a CFO doubling their personal stake into bad earnings — are buried in the rest. Free tools dump the data; institutional terminals charge $24,000 a year to interpret it.
Form 4 AI closes that gap. Filings that pass the high-signal filter get an AI-generated thesis grounded in the insider's prior history, the trade's size, and the surrounding context — calibrated to call out the rare high-conviction setups and stay quiet on routine activity.
Live
Live, right now.
The five most recent filings the engine has scored. Same data the paid feed sees — paywalled thesis snippets here as a teaser.
- Nov 4, 2026·Buy$681.7K
AN/AUTONATION, INC.
Manley Michael Mark · CEO and Director
The filing indicates that the CEO and Director of Autonation, Inc. (AN) executed two open-market purchases on November 2, 2026, totaling approximately $1,031,023.75. These purchases, totaling 5,600 shares, represent a significant capital de…
55conviction - Nov 4, 2026·Sell$3.1M
REGN/REGENERON PHARMACEUTICALS, INC.
POON CHRISTINE A · director
This Form 4 filing indicates a significant liquidity event for the reporting owner, POON CHRISTINE A, involving the exercise of options followed by a substantial series of open-market sales on November 2, 2026. The transaction sequence show…
35conviction
Why investors use it
The reading is done. The signal is what's left.
Five filings, not six hundred.
Most insider-filing tools dump raw data on you. Form 4 AI does the reading, hides the noise, and shows you the handful with actual directional content.
Routine grants don't make your feed.
Option exercises, tax-withholding sales, scheduled awards, gifts — all filtered before scoring. What you see is filings where an insider made a real economic decision.
Read it like an analyst note. Not a raw 10-Q.
Filings that pass the high-signal filter get a structured paragraph: trade size in context, insider role, surrounding events, and explicit risks. Decisions in 30 seconds, not 30 minutes.
We publish every call. Including the misses.
Forward returns vs SPY for every settled call live on a public calibration log. No deletions, no cherry-picking. Early-sample buckets are labelled honestly. We're starting from transparency, not from a performance claim.
How it works
Three steps. No noise.
Most insider-filing tools dump raw data on you. We do the reading.
We check new filings.
We poll SEC EDGAR for new Form 4s about every 5 minutes. A short EDGAR or server outage is caught up on the next poll; a long one can leave gaps until they are backfilled.
We kill the noise.
Routine compensation events — option exercises, tax withholding, scheduled grants — are removed before they're ever scored. You see filings where an insider made a real economic call.
We hand you a clean read.
Filings selected by our high-signal filter are queued for a structured AI thesis and a 0–100 conviction score. Completed analyses summarize the trade, available context, and risks in plain English.
Outcomes
What changes the day you start using it.
You stop reading every filing.
The system reads them. You read the five that matter.
You stop missing cluster patterns.
Multiple insiders into the same ticker in a short window — flagged in the feed. Email alerts are paused on this server right now.
You stop second-guessing routine grants.
Mechanical compensation never makes your feed.
You stop trusting black boxes.
Every call goes on a public calibration log. The methodology is publicly documented at a high level. The underlying filings are on SEC.gov, one click away.
Transparency
Every call we make goes on the record.
Forward returns vs SPY for every settled call we've scored — including the ones that didn't work. The sample is still small and we label it that way. We don't claim a performance edge yet; we claim transparency. That's the bar we're starting from.
Vs alternatives
Vs the rest of the field.
We compare honestly. Free tools are great for raw data; expensive terminals are great if you have $24k. We win on the interpretation layer at a price retail can absorb.
| Feature | Form 4 AI | Open Insider | Quiver | WhaleWisdom | Bloomberg |
|---|---|---|---|---|---|
| Form 4 feed (minutes after EDGAR) | ✓ | ✓ | ✓ | ✓ | ✓ |
| AI thesis on high-signal filings | ✓ | — | — | — | — |
| Conviction score (0–100) | ✓ | — | — | — | — |
| Per-insider track record vs SPY | ✓ | — | Partial | Partial | ✓ |
| Cluster-buy detection | ✓ | — | — | — | Manual |
| Cluster-buy email alerts | ✓ | — | — | — | — |
| Price | $15/mo | Free | $10–30/mo | $45+/mo | $24k/yr |
Comparisons reflect public-tier feature sets as of early 2026 to the best of our knowledge. We're not affiliated with any of the listed services.
Pricing
Free is a real product. Paid pays for itself fast.
Free covers the last 30 days of filings and a weekly digest. Pro and Premium unlock full AI theses on high-signal filings and watchlist alerts.
Service status
New Form 4 filings are pulled from SEC EDGAR about every 5 minutes.
AI theses are written by an open-weights model (gemma4:e2b-it-qat) running on our own server, only for filings our high-signal filter selects.
Email delivery is paused, so the weekly digest and email alerts are not being sent right now.
Price-based insider edge scores are not being computed right now (market-data feed switched off).
Billing is paused — upgrades and plan changes are temporarily unavailable.
Free
Browse the last 30 days of insider filings. Weekly digest by email.
- Last 30 days of filings (list view)
- Conviction score on filings that receive an AI thesis
- Insider and issuer profiles
- Weekly Top-5 email digest
Pro
Full AI theses on high-signal filings + watchlist email alerts.
- Full AI thesis on every filing our high-signal filter selects (not every Form 4)
- Full filing history (no 30-day cap)
- Unlimited ticker watchlists
- Conviction-thresholded email alerts
- Historical insider edge scores (where price history is available)
Premium
Cluster-buy alerts + insider-CIK watchlists, on top of Pro.
- Everything in Pro (same AI theses — no separate model tier)
- Cluster-buy alerts (multiple insiders, same ticker, short window)
- Watchlist by insider CIK + min trade size
- Priority email queue for high-conviction signals
Free weekly digest
Get the weekly Top 5, free.
Every Sunday — the week's 5 highest-conviction insider trades, with the AI thesis on each. No card. Unsubscribe in one click.
Email delivery is paused on this server right now — you can join the list, but no digest is being sent until delivery resumes.
FAQ
Common questions.
Aren't Form 4 filings public anyway?
Yes — that's the point. The data is free; reading 200–600 of them per day in raw XML is impossible. We're paying for the interpretation layer, not the data.
How accurate is the conviction score?
The score is a relative-confidence measure, not a price target or a return forecast. Higher scores indicate cleaner directional setups; lower scores indicate routine or ambiguous activity. The public calibration log shows exactly how scores have related to forward returns at a bucket level — including the cases that didn't work.
What's a 'good' conviction score?
We deliberately don't publish exact bucket cutoffs. Use the score for relative ranking within the day's flow, not as a tradable threshold. The calibration log lets you set your own bar.
Is this investment advice?
No. This is research and journalism over public regulatory filings. Every page carries a 'not investment advice' line. Past insider performance doesn't guarantee anything; insider-filing backtests are notoriously path-dependent. Always verify on SEC.gov.
Free tier limits?
Last 30 days of filings (list view), conviction scores on filings that receive an AI thesis, the weekly Top-5 digest (when email delivery is running), and the public insider/issuer pages. The full thesis paragraph is gated to Pro.
Can I cancel anytime?
Yes. Stripe-managed billing, one-click cancel from /dashboard/billing. Subscription stays active through the end of the period you've paid for.
Stop reading 600 filings a day.
Free covers the last 30 days. No credit card. Five minutes to set up a watchlist.