Form 4 is live: insider trades, from EDGAR to your agent
Every buy and sell insiders report, parsed and linked back to the filing. Under Apps → Ownership → Insider trades on the site, or over MCP and API.
Form 4 data is live on Akkru. Every buy, sell, grant, gift, option exercise and tax-withholding event that officers, directors and 10% holders report — parsed, attributed to the filer, linked back to the original SEC document.
Two ways in:
- In the browser. Open Apps in the top nav and pick Ownership → Insider trades. Pull up a company or a person, filter by date and transaction code, read it right there — no setup, nothing to connect.
- MCP / API. Hand it to an agent and let it do the grinding.
The second one is the interesting part. Here's a real question we ran through it.
Getting the filings was never the problem
Form 4 has been free on EDGAR for twenty years. You can go download one right now.
The cost is everything after the download. One Form 4 is a fragment — one person, one day, a few transaction codes, and a post-transaction balance that may or may not include derivatives and may be held directly or through a trust. Turning fragments into a view of a company means stitching filings together per insider, splitting real decisions (codes P and S) from mechanical stuff (A, M, F, G), working out what belongs in the denominator, carrying positions forward, and reading footnotes to see which sales were pre-scheduled.
Across four companies that's several hundred transactions. Nobody should be doing that by hand anymore.
So is the memory and storage run out of steam?
Rather than read another take, we had an agent pull every Form 4 filed this year across the stack: Micron on the HBM and DRAM side, SanDisk in NAND, Seagate and Western Digital in HDD. Codes P and S, non-derivative, 2026-01-01 to now.
One question to the agent, about two minutes start to finish.
| Issuer | Sold | Bought | Insiders trading | P/S transactions |
|---|---|---|---|---|
| Micron | $119.32M | $7.82M | 9 | 123 |
| Seagate | $152.03M | — | 11 | 233 |
| Western Digital | $48.53M | — | 7 | 143 |
| SanDisk | $11.11M | — | 5 | 7 |
| Total | $330.99M | $7.82M | 32 | 506 |
Source: SEC Form 4 via Akkru.
32 insiders traded. 31 of them were selling. 506 transactions, three of which were purchases.
As a headline that looks damning. Go person by person and it says close to the opposite — the whole thing turns on how you normalize.
Micron sits on the hottest layer of the AI trade and its insiders are the calmest in the group: nobody sold more than a quarter of what they held, the CEO still owns 387K shares, and a director put $7.82M of his own money in at $337. That's the only open-market buying anywhere in the four companies. Seagate is the other extreme — every named executive officer sold, not one purchase across 233 transactions, and the Chief Commercial Officer, who sees orders and pricing before anyone else does, took 90.4% of his position off the table.
| Read | Issuer | Basis |
|---|---|---|
| Most bearish | Seagate | CCO 90.4%, Global Ops 69.9%, Chief Legal 50.2%, one director 80.6%; CEO 33.4% and CFO 31.5%. Breadth, depth and role sensitivity all present. Zero purchases. |
| Mixed | Micron | Universal selling but every ratio under 25%; CEO retains 387K shares. Offset by a director committing $7.8M of personal capital at $337. |
| Constructive at the top | Western Digital | CEO sold 6.2%. The CFO and Chief Product Officer made no open-market sales at all — balances fell only through tax withholding. One director exited a family trust entirely, under a plan adopted three months earlier. |
| Constructive | SanDisk | Chairman/CEO holds 1.02M shares and sold none; the CFO likewise. All disposals came from second-tier officers and directors, at small ratios. |
% Sold = open-market sales ÷ (position at window start + shares acquired in window). Codes P/S only; A/M/F/G excluded from sales but included in the denominator. Ratios exclude unvested equity (Table II). Source: SEC Form 4 via Akkru.
In dollars, Micron ($119M) and Seagate ($152M) are the same story. In ratios they're at opposite ends. And Seagate and Western Digital do literally the same thing for a living, yet land on opposite sides of that table — so whatever these people are reacting to, it's company by company, not layer by layer.
The detail is where it earns its keep. One SanDisk director's balance fell off a cliff this year and any dollar-based screen would have called it an exit — the footnotes show two code-G gifts into family trusts and not a single share sold. A Western Digital director zeroed out a family trust in one day, under a 10b5-1 plan he'd adopted three months earlier, which the footnote says outright. Both of those came back attached to the rows, one click from the filing. That's the part you can't get from a number on its own.
Run it yourself
Point your agent at our MCP server and ask. It'll find the insider tools on its own, work out which ones it needs, and go — no schema to learn, nothing to wire up on your end. The whole thing above started as one sentence typed into a chat box.
Two things it gets for free that are worth knowing about. Every total comes back with the transaction IDs behind it, so the agent can pull the shape of a company first and only fetch detail for the rows that matter — it never has to drag four hundred transactions into context to answer a question about four companies. And every response carries its own warnings and formulas: what got excluded, which parameter changes it, how each computed field was derived. That's what keeps a long chain of reasoning from quietly going wrong halfway through.
Form 4 is live now — under Apps → Ownership → Insider trades on the site, and over MCP and API. Every number links back to the filing it came from.
A year ago this was a day on EDGAR, or a subscription plus a spreadsheet either way. Now it's an agent, the API, and two minutes. Go see what you find.
— The Akkru Team
Nothing here is investment advice.
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