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Insider Buy CEO Buy Mega Buy ($1M+) New Position April 1, 2021

SAFRA EDMOND purchased ~$10M in RPLA stock

RPLA (RPLA)  ·  Co-Chief Executive Officer  ·  Data via SEC EDGAR Form 4

Verity Signals Research Published Updated

= insider buy date

RPLA price after insider trade by SAFRA EDMOND

Insider

SAFRA EDMOND

Role

Co-Chief Executive Officer

Transaction

Open-Market Purchase

Approx. Value

~$10M

Trade Date

Apr 1, 2021

Company

RPLA

Ticker

RPLA

Source

SEC EDGAR Form 4

Strong conviction signal

Scored above average across multiple factors. Roughly 15% of insider trades qualify as Strong.

~$10M purchase

Trades over $1M are rare. When insiders put this much of their own money on the line, they tend to have high conviction in their company's direction.

Co-Chief Executive Officer

CEOs have the deepest knowledge of company operations. Academic research shows CEO purchases outperform other insider trades by a wide margin.

SE

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On April 1, 2021, SAFRA EDMOND — Co-Chief Executive Officer of RPLA — filed a Form 4 with the SEC disclosing an open-market purchase of approximately ~$10M in RPLA (RPLA) stock.

Under Section 16(a) of the Securities Exchange Act of 1934, corporate insiders must report all open-market stock transactions to the SEC within two business days. These filings — known as Form 4s — are publicly available on the SEC's EDGAR database. VeritySignals filters and scores the full Form 4 stream to surface high-conviction signals like this one.

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All data sourced from publicly available SEC Form 4 filings via EDGAR · Not financial advice · Past performance does not guarantee future results.

Signal strength Strong
Trade size ~$10M
Insider role Co-Chief Executive Officer

What is this?

When company executives buy or sell their own stock, they must report it to the SEC within 2 days. These public filings reveal what the people who know the company best are doing with their own money.

Why does it matter?

Insiders can sell for many reasons (taxes, diversification, expenses), but they generally only buy for one: they think the stock is going up. That's why insider purchases are more predictive than sales.

What makes a trade "strong"?

We score trades on 15+ factors: the insider's role (CEO > director), trade size relative to their salary, whether other insiders also bought (clusters), and historical accuracy of the insider.

Read our full methodology →

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