Question 1

What is insider trading and is it legal?

Accepted Answer

Insider trading refers to buying or selling a company's stock by individuals with access to material, non-public information. While trading on non-public information is illegal, insiders (executives, directors, and major shareholders) are legally allowed to trade their own company's stock as long as they report it to the SEC via Form 4 filings. Insider Trade Flow tracks these legal, publicly disclosed transactions.

Question 2

What is a SEC Form 4 filing?

Accepted Answer

A SEC Form 4 is a mandatory disclosure filed with the Securities and Exchange Commission whenever a company insider (officer, director, or 10%+ shareholder) buys or sells shares. Insiders must file within 2 business days of the transaction. Insider Trade Flow processes these filings in real-time from SEC EDGAR.

Question 3

How quickly is insider trading data updated?

Accepted Answer

We process SEC Form 4 filings continuously as they are published on SEC EDGAR. Most transactions appear on Insider Trade Flow within minutes of being filed with the SEC. Our data covers 10,000+ public companies across all major US exchanges.

Question 4

What is a cluster buy?

Accepted Answer

A cluster buy occurs when three or more insiders at the same company purchase shares within a short time window (typically 30 days). Cluster buys are considered a strong bullish signal because multiple insiders independently decide the stock is undervalued. Our Cluster Buys page tracks these patterns across the entire market.

Question 5

What does the Insider Sentiment Index measure?

Accepted Answer

The Insider Sentiment Index aggregates buy and sell activity across all tracked insiders to gauge overall market sentiment. A high index value means insiders are net buyers (bullish), while a low value indicates net selling (bearish). It's calculated from the ratio of purchase volume to total transaction volume over a rolling time period.

Question 6

What is Smart Money Flow?

Accepted Answer

Smart Money Flow tracks the dollar volume of discretionary (non-automated) insider purchases versus sales. Unlike 10b5-1 planned trades, discretionary trades represent active decisions by insiders to buy or sell, making them stronger signals of insider conviction about the company's future.

Question 7

What data sources does Insider Trade Flow use?

Accepted Answer

We source all insider trading data directly from SEC EDGAR (Electronic Data Gathering, Analysis, and Retrieval) Form 4 filings. Congressional trading data comes from STOCK Act disclosures. Options flow data is sourced from real-time market feeds. All data is processed and cross-referenced for accuracy.

Question 8

Do you offer a free trial?

Accepted Answer

Yes, we offer a 14-day free trial with full access to all features. You can cancel at any time during the trial period and you won't be charged.

Question 9

Can I cancel my subscription?

Accepted Answer

You can cancel your subscription at any time from your account settings. Your access continues until the end of the current billing period.

Question 10

What payment methods do you accept?

Accepted Answer

We accept all major credit cards and PayPal.

Question 11

Can I upgrade or downgrade my plan?

Accepted Answer

Yes, you can upgrade or downgrade your plan at any time from your account settings. Changes take effect immediately with prorated billing.

FAQ

Frequently asked questions about the platform

FAQ

Frequently asked questions about the platform