 Insiders Are Buying: Who Is Pouring Millions into Their Companies A fresh selection of the largest insider purchases for May 13. When top management puts their own money on the line, it's a signal worth analyzing. 1. **Shift4 Payments (FOUR)** — $15.9 million Jared Isaacman (founder, 10% stake) bought 388,500 shares at $41.04. This is not just a purchase—it's a vote of confidence in the payment business. Shift4 processes payments for hotels, restaurants, and retail—the consumer sector is showing signs of recovery. 2. **Waste Connections (WCN)** — $7.6 million CEO Ronald Mittelstaedt bought 50,000 shares at $152.24, increasing his stake by 20%. Waste is the last thing people cut back on. Stable cash flow, dividends, and a purchase from the top. 3. **Millrose Properties (MRP)** — $6.4 million Darren Richman increased his stake by 89%—buying 235,000 shares at $27.31. The most aggressive signal in the selection. US real estate is starting to price in lower rates. 4. **51Talk (COE)** — $2.9 million CEO Jack Huang bought 119,400 shares at $24.48. Chinese EdTech is risky, but the insider is voting with his money. 5. **Neuronetics (STIM)** — $636 thousand Jori Chernett bought 475,000 shares at $1.34. Medical technology at rock bottom—a classic value play. My take: The large purchases in Shift4 Payments and Millrose Properties stand out in terms of volume and percentage increase in stake. Isaacman in FOUR and Richman in MRP are the two strongest signals in this selection. Worth keeping an eye on.