Track the trades insiders make before stocks move

Insider trading data refers to publicly disclosed information about transactions made by corporate insiders - executives, directors, and major shareholders - in the securities of their own companies. In most jurisdictions, these individuals are legally required to report their trades to regulators within a defined time window. The filings are public records, making them accessible for research and analysis.

Open-market insider purchases - where an executive uses their own money to buy shares on the open market - are considered particularly meaningful signals by researchers. Unlike option exercises or compensation grants, an open-market buy reflects a deliberate decision to invest personal capital in the company at market prices. Multiple academic studies have found that open-market insider purchases, on average, outperform broader market indices over 6-to-12 month horizons.

However, insider activity can also be noise. Routine selling, diversification trades, option exercises, and compensation-related transactions occur constantly and carry little informational value. The challenge is distinguishing signal from noise - identifying when insider activity reflects genuine conviction about a company's prospects.

In the United States, the SEC Form 4 system provides a reasonably centralised source for corporate insider disclosures. Congressional trades are separately disclosed under the STOCK Act. In Europe, the Market Abuse Regulation (MAR) requires executives and persons discharging managerial responsibilities (PDMRs) to disclose transactions, but each country's national regulator manages its own database - AMF in France, BaFin in Germany, AFM in the Netherlands, FSMA in Belgium, and FCA in the United Kingdom. These are publicly available but fragmented, often published in national languages, and difficult to aggregate.

Disclosyr solves this fragmentation problem. We ingest, normalise, and rank insider disclosures from all major EU and US sources into a single, searchable feed. We score insiders based on their historical track records and surface high-conviction signals - cluster buying, large purchases, unusual activity, and top-ranked insiders. This helps investors and analysts cut through the noise and focus on disclosures that have historically mattered.

Disclosyr provides public disclosure data and analytics for research purposes only. Nothing on this platform constitutes investment advice, a recommendation, or a solicitation to buy or sell any security. Past insider performance does not guarantee future results. Always consult a licensed financial advisor before making investment decisions.