Article link: “Will The Real Insiders Please Stand Up “ by insidearbitrage

Disclosure: I am not affiliated to the financial website insidearbitrage. Nor do I own any shares of the companies me mentioned in the article.

The tldr of this excellent article is this: Value investors like to monitor open market purchases by company insiders. For example, if a CEO or CFO starts buying $1m of shares in the open market, this would be a bullish sign, perhaps the ceo sees better days ahead so they are publicly buying the stock in their personal account.

However, one should also check the proxy statements because what has been happening to companies like Amrize and Workday is that many of the senior leadership employment agreements have a clause that stipulates a purchase amount of stock in the open market, and in return they would be awarded a certain amount of RSU.

[https://www.insidearbitrage.com/2026/10/will-the-real-insiders-please-stand-up/](https://www.insidearbitrage.com/2026/10/will-the-real-insiders-please-stand-up/)