📈 Insider buys SEC Form 4 open-market purchases

Insiders file a Form 4 within two business days of trading, so unlike the congress feed this is close to current. Only open-market buys are here — option exercises are dropped on ingest, and sales are kept separately and excluded from this feed and from signal scoring, because a sale says far less than a purchase.

Average return versus SPY on closed positions. These samples are tiny — a name here may have exactly one closed trade behind it, which tells you nothing. Ignore anything under ~5.