Note: The transactions reported here refer to legal insider trading — purchases, sales, and other dealings in company securities by executives, directors, and major shareholders, which are required by law to be disclosed to the SEC via Form 4 filings within two business days of the transaction. This article covers the top 100 most significant transactions by dollar value from today's filings. This is entirely distinct from illegal insider trading, which involves buying or selling securities based on material, non-public information in violation of US federal securities law and equivalent legislation in other jurisdictions.
Insider trading activity on October 23, 2026, showed a decidedly bearish tilt, with sales outpacing purchases by a wide margin. Of the 100 total trades recorded, only 12 were buys, while 88 were sales. The disparity in volume was further underscored by the sheer magnitude of sales compared to buys, particularly in high-profile companies.
The largest insider purchases were concentrated in just a few transactions. XCF Global, Inc. saw two identical buys of $142.1 million each by EEME Energy SPV I, LLC, a 10% owner, marking the day’s most significant bullish moves. Pampa Energía S.A. also recorded two substantial purchases of $35.1 million each by Director Marcos Marcelo Mindlin. Additionally, PepsiCo, Inc. Director Robert C. Pohlad acquired $23.7 million worth of shares, rounding out the top buys. These transactions, while notable, were overshadowed by the scale of sales elsewhere.
The selling activity was far more widespread and involved much larger sums. InnSuites Hospitality Trust’s President & CEO James F. Wirth led the pack with a staggering $2.01 billion sale. Eli Lilly and Company’s shareholder, Lilly Endowment, Inc., proposed a sale of $368.7 million, while CrowdStrike Holdings, Inc. CEO George Kurtz filed for two separate proposed sales of $141.0 million each. Snowflake Inc. Director Frank Slootman also unloaded $94.9 million in shares. These sales, particularly the billion-dollar transaction by InnSuites’ CEO, dominated the day’s activity.
Related Reading
Regulatory Developments→Market News→Bulls & Bears Outlook→The lopsided nature of today’s insider trades suggests caution among corporate executives and major shareholders, with selling pressure far outweighing buying interest. While isolated large purchases indicate confidence in specific companies, the broader trend points to potential profit-taking or hedging ahead of market uncertainty. Track all insider trades in real time on the MarketsFN Insider Trading Tracker.
Top 10 Stocks — Insider Activity
Price Charts — Top 3 Stocks
IHT — InnSuites Hospitality Trust
LLY — Eli Lilly and Company
SAFX — XCF Global, Inc.
MarketsFN Insider Trading Tracker
Monitor all SEC Form 4 filings in real time — filter by company, role, transaction type and dollar value.
Source: SEC Form 4 filings. Updated twice daily.
