Insider buying on Nov 18, 2025

On Nov 18, 2025, 86 insiders at 74 companies filed 149 purchases reported on Form 4, worth $58.4M in all, with a median purchase of $28.8K. The largest was AP DLF Offshore Investor, LP, 10% owner of CIK 1916099, who reported buying 1,013,331 shares worth $28.0M. Officers accounted for 86 purchases, directors who are not officers for 47, and 10% owners with no board or officer role for 12. Chief executives and chief financial officers filed 54 purchases: Conrad Thomas, Chief Executive Officer, Director of Sonos Inc (SONO); Hassanein Waleed H, President & CEO, Director of TransMedics Group, Inc. (TMDX); Radke Jeffrey L, Co-Founder, CEO, Director, 10% owner of Accelerant Holdings (ARX) among others. 23 companies showed cluster buying, two or more insiders buying within 7 days, among them CIK 1916099 (5 insiders), VAC (5 insiders), BHVN (4 insiders), HFFG (4 insiders). For 14 insiders of 86, this was the first purchase of that company's stock on our record. That is more than the 131 purchases filed on Nov 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.