What is a Form 4?

A Form 4 is the SEC filing a company insider, such as an officer, director or 10% owner, uses to report a trade in the company's stock, generally within two business days. The animation follows one real filing as an example: Paul P. Rusnak's purchase of Sonic Automotive (SAH) shares on October 7, 2026.
The same reading applies to every row on this page. The trade date is when the shares changed hands. The available date is when NexusTrade treats the filing as public, and a NexusTrade InsiderTrades indicator counts a purchase (code P) or sale (code S) only from that moment. Code A awards are not counted as purchases.
Read one actual disclosure before using it
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| 2026-08-20 | 2026-08-17 | Petras Michael B. Jr. | S | 850,000 | $18.5 | Not reported |
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First displayed source row from Recent insider disclosures. The full bounded history and coverage notes remain below.
The displayed observation date is 2026-08-17 and its public availability date is 2026-08-20. Subtracting those calendar dates gives 3 days of disclosure lag. Historical public research can use the record from the availability date, rather than backdating knowledge to the observation date. The calendar-day difference does not assert an intraday publication time.
This row is code S: a sale. A purchase-following rule excludes this sale even if the reported dollar amount is large.
Open the linked original receipts to verify the row, then inspect a second record before drawing a pattern. This public filing observation supplies source evidence, not a completed copy-trading return.
Recent insider disclosures
This table includes purchases, sales and awards in the public filing record. Awards and open-market purchases are distinct transaction codes. For historical research, use the public availability date to determine when the transaction was knowable.
Read code P as a purchase, S as a sale and A as an award. An award is an acquisition, but it is not an open-market purchase. Open the filing receipt to check the transaction details.
Show the table · 3 rows, 7 columns
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| 2026-08-20 | 2026-08-17 | Petras Michael B. Jr. | S | 850,000 | $18.5 | Not reported |
| 2026-08-20 | 2026-08-17 | Petras Michael B. Jr. | S | 294,515 | $18.5 | Not reported |
| 2026-08-12 | 2026-08-07 | Rutz Michael P | S | 150,000 | $18.84 | Not reported |
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Most recent 90-day source activity, up to 50 rows. No rows means no matching recent records, not no historical activity.
Officers and directors in the directory
Inspect all 26 displayed rows: Officers and directors in the directory
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| Rutz Michael P | 0001599220 | 17 |
| Bull Co-Invest L.P. | 0001832693 | 7 |
| Bull Holdco L.P. | 0002014247 | 6 |
| GTCR CO-INVEST XI LP | 0001591432 | 9 |
| GTCR FUND XI/A LP | 0001591434 | 8 |
| GTCR FUND XI/C LP | 0001591436 | 10 |
| GTCR INVESTMENT XI LLC | 0001827977 | 10 |
| GTCR PARTNERS XI/A&C LP | 0001828028 | 10 |
| Klaben Matthew J | 0001369000 | 10 |
| Klee Ann R. | 0001796076 | 1 |
| Petras Michael B. Jr. | 0001832387 | 7 |
| WARBURG PINCUS & CO. | 0000929408 | 1,391 |
| Warburg Pincus (Bermuda) Private Equity GP Ltd. | 0001555729 | 20 |
| Warburg Pincus (Cayman) XI, L.P. | 0001554853 | 9 |
| WARBURG PINCUS LLC | 0001162870 | 1,426 |
| Warburg Pincus Partners GP LLC | 0001621224 | 172 |
| Warburg Pincus Partners II (Cayman), L.P. | 0001658820 | 20 |
| Warburg Pincus Partners II, L.P. | 0001658787 | 16 |
| Warburg Pincus Private Equity XI, L.P. | 0001540163 | 10 |
| Warburg Pincus Private Equity XI-B, L.P. | 0001540166 | 7 |
| Warburg Pincus Private Equity XI-C, L.P. | 0001550877 | 9 |
| Warburg Pincus XI Partners, L.P. | 0001540386 | 10 |
| Warburg Pincus XI, L.P. | 0001540167 | 10 |
| Warburg Pincus XI-C, LLC | 0001554852 | 9 |
| WP Global LLC | 0001540385 | 16 |
| WP XI Partners, L.P. | 0001540164 | 7 |
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Which transactions qualify for the company tracker
The company strategy uses verified officers and directors with qualifying acquisitions at this issuer. Other reporting owners may appear in source records without becoming strategy signals.
Strategy eligibility is held while filing coverage is unresolved.
Historical follower simulations are separate from these source transactions. They do not establish live trading results.