 Insider Picture of the Day: Who's Buying and Who's Exiting Analysis of top insider trades for May 13, 2026 — three signals you can't ignore. 1. Shift4 Payments ($FOUR) — $15.9 million purchase Jared Isaacman (the same one who flew to space and founded Shift4) bought 388,500 shares at $41. This is not a speculative trade — he increased his stake, investing $16 million of his own money. The payment sector is currently under pressure, but insider buying of this magnitude suggests otherwise. FOUR is a top candidate for growth. 2. Waste Connections ($WCN) — CEO doubles stake Ronald Mittelsteadt bought 50,000 shares at $152 (+$7.6 million). Defensive sector, stable cash flow. CEO purchase of 20% of current position — a strong signal of confidence. 3. Millrose Properties ($MRP) — +89% stake increase Darren Richman bought 235,000 shares at $27.31. Real estate through a REIT structure. At current rates — a bet on declining yields. Underperformers of the day: — Cummins ($CMI): VP sold 5,000 shares for $3.48 million — Labcorp ($LH): CEO sold 5,903 shares for $1.5 million Conclusion: insiders are voting with their money for the payment sector and defensive stories. Sales are isolated, not systemic. No bears — cautious bulls. Data from OpenInsider, 05/13/2026