Insider buying on Sep 18, 2025

On Sep 18, 2025, 49 insiders at 26 companies filed 89 purchases reported on Form 4, worth $86.0M in all, with a median purchase of $34.0K. The largest was New Mountain Guardian IV Income Rated Feeder II, Ltd., 10% owner of CIK 1976719, who reported buying 2,400,000 shares worth $24.0M. Officers accounted for 51 purchases, directors who are not officers for 29, and 10% owners with no board or officer role for 8. Chief executives and chief financial officers filed 13 purchases: Jackson Jeffrey H, President & CEO, Director of Wesbanco Inc (WSBC); Lettmann Jason, CHIEF EXECUTIVE OFFICER, Director of Alx Oncology Holdings Inc (ALXO); Gline Matthew, CEO, Director of Roivant Sciences Ltd. (ROIV) among others. 14 companies showed cluster buying, two or more insiders buying within 7 days, among them WSBC (13 insiders), FMBM (8 insiders), NEXT (4 insiders), CBKM (4 insiders). For 13 insiders of 49, this was the first purchase of that company's stock on our record. That is more than the 72 purchases filed on Sep 17, 2025. A Form 4 is due within two business days of the trade, so most of these purchases were made earlier in the week. Code P also covers shares bought privately from the company, so one large figure can be a negotiated placement rather than buying on the exchange.