Insider buying on Feb 20, 2026

On Feb 20, 2026, 44 insiders at 35 companies filed 69 purchases reported on Form 4, worth $55.8M in all, with a median purchase of $35.9K. The largest was MS&AD Insurance Group Holdings, Inc., 10% owner of Berkley W R Corp (WRB), who reported buying 300,986 shares worth $21.2M. Officers accounted for 28 purchases, directors who are not officers for 25, and 10% owners with no board or officer role for 16. Chief executives and chief financial officers filed 14 purchases: Austen William F., Interim President and CEO, Director of Arrow Electronics, Inc. (ARW); Agadi Harshavardhan V, Chief Executive Officer, Director of CONDUENT Inc (CNDT); Angotti Vincent J., CHIEF EXECUTIVE OFFICER, Director of Talphera, Inc. (TLPH) among others. 10 companies showed cluster buying, two or more insiders buying within 7 days, among them TLPH (4 insiders), CNDT (3 insiders), WRB (2 insiders), EMPD (2 insiders). For 15 insiders of 44, this was the first purchase of that company's stock on our record. That is fewer than the 76 purchases filed on Feb 19, 2026. 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.