Friday, · Edited by K. Song
The Spill
- CEO buy, same-day form. HF Sinclair's CEO bought 10,000 DINO shares for $1.1 million on Oct. 29 and the insider filing (Form 4) reached the SEC at 5:25 p.m. ET that day.
- $18.1 million sold. Charles Schwab sold 66,750 SCHW shares on Oct. 28 and 136,400 on Oct. 29, with the form filed at 7:23 p.m. ET on Oct. 29.
- Director buys $991,600. A Pinnacle Financial director bought 10,000 PNFP shares on Oct. 28 and filed the next day.
About a four-minute read.
HF Sinclair's CEO bought $1.1 million of stock and filed the same day
Filed Oct. 29, 5:25 p.m. ET · Published Oct. 29, 9:40 p.m. ET
Signal Check: Discretionary buy · $1.1 million
Franklin Myers, CEO and director of HF Sinclair, bought 10,000 DINO shares on Oct. 29 at a weighted average of $110.80. The fills ran from $110.72 to $110.80. A tight band.
The form marks no pre-set trading plan (10b5-1), so this was his call on the day. It was an open-market purchase, code P, held directly. He owns 207,723 shares after the buy.
The form hit EDGAR at 5:25 p.m. ET on the day of the trade. Same-day filing is as fast as the clock gets.
This is one buy by one executive on one day. The form does not say why he bought.
Capitol Hill
No congressional trade reports (PTRs) cleared the desk's bar for this issue, so there is no table and no Lag Clock to show.
Insider Desk
Pinnacle Financial (PNFP): a director bought $991,600 of stock
Filed Oct. 29, 4:41 p.m. ET · Published Oct. 29, 9:40 p.m. ET
Signal Check: Discretionary buy · $991,600
Filed next day. David B. Ingram, a director, bought 10,000 PNFP shares on Oct. 28 at an average $99.16, with fills from $99.04 to $99.28. He holds 75,182 shares after the trade, and no pre-set plan is marked. Read the story → · SEC Form 4
Silvercrest Asset Management (SAMG): Equinox bought $348,694 over two days
Filed Oct. 29, 4:38 p.m. ET · Published Oct. 29, 9:40 p.m. ET
Signal Check: Discretionary buy · $348,694
Two buys, one form. Equinox Partners Investment Management, a 10% owner, bought 899 SAMG shares at $10.10 on Oct. 27 and 32,499 at $10.45 on Oct. 29. The fund holds 867,197 shares after the second buy, and the form landed at 4:38 p.m. ET on Oct. 29. Read the story → · SEC Form 4
Charles Schwab (SCHW): the co-chairman sold $18.1 million in two days
Filed Oct. 29, 7:23 p.m. ET · Published Oct. 29, 9:40 p.m. ET
Signal Check: Discretionary sale · $18.1 million
Filed that night. Charles R. Schwab, co-chairman and director, sold 66,750 shares on Oct. 28 at a weighted average $88.36 and 136,400 on Oct. 29 at $89.50. No pre-set plan is marked, the shares are held indirectly, and 53,346,291 remain after the second sale. Read the story → · SEC Form 4
Also filed
- Japan Smaller Capitalization Fund (JOF) · Saba Capital Management, 10% owner · Signal Check: Discretionary buy · 15,967 shares at $11.38 on Oct. 28, $181,704 · filed Oct. 29 · story · Form 4
- Enova (ENVA) · CEO Steven E. Cunningham · Signal Check: Discretionary sale · exercised options and sold at $172.00 on Oct. 27 for $2,632,460 · filed two days later · story · Form 4
- Lindblad Expeditions (LIND) · director and 10% owner Sven-Olof Lindblad · Signal Check: Planned sale (10b5-1) · six sales Oct. 27 to 29, $8.3 million, plan adopted June 17, 2026 · filed Oct. 29 · story · Form 4
- Samsara (IOT) · CEO Sanjit Biswas · Signal Check: Planned sale (10b5-1) · 15 trust sales Oct. 27 to 29, $11.3 million, plan adopted Sept. 29, 2025 · filed Oct. 29 · story · Form 4
- CrowdStrike (CRWD) · CEO George Kurtz · Signal Check: Planned sale (10b5-1) · sales Oct. 27 and 28, $5,336,111, plan adopted Jan. 16, 2026 · filed Oct. 29 · story · Form 4
Hype Check
Intel (INTC): 192 mentions vs 17 · rank 25 → 4
Observed Oct. 30, 6:45 a.m. ET · Published Oct. 30, 7:36 a.m. ET
Up 11.3 times. The count covers a rolling 24 hours against the same tracker a day earlier, and ApeWisdom scans r/wallstreetbets about twice an hour and counts comments as mentions. The 192 mentions came with 1,529 upvotes, and neither figure says who bought or sold anything. Read the story →
ServiceNow (NOW): 106 mentions vs 4 · rank 58 → 5
Observed Oct. 29, 2:01 p.m. ET · Published Oct. 29, 2:30 p.m. ET
Up 26.5 times, from 4. A base of 4 means a few threads can move that multiple, and 282 upvotes is the crowd's whole footprint here. Read the story →
Amazon (AMZN): 111 mentions vs 17 · rank 20 → 6
Observed Oct. 29, 4:42 p.m. ET · Published Oct. 29, 9:40 p.m. ET
Up 6.5 times. Mentions rose to 111 with 257 upvotes, which is a count of chatter and not a count of orders. Read the story →
Attention is not buying.
The Other Side
Myers's $1.1 million is one purchase on one day, 10,000 shares against the 207,723 he held after it. Executives buy for reasons the form never lists: ownership targets, a bonus landing, a view on the stock. A same-day filing tells you the clock ran fast.
It doesn't tell you he was right. A CEO buy reads well in a headline and proves nothing about the next quarter.
Term of the Day
Accession number. The unique ID of an EDGAR filing, like a receipt number. Paste one into the search box on sec.gov, say 0001193125-26-438100 for the DINO form, and it takes you to the original document.
Yesterday on MarketSpill
- HF Sinclair's CEO bought $1.1 million of stock and filed the same day
- Charles Schwab sold $18.1 million of SCHW stock in two days. The filing came that night.
- A Pinnacle Financial director bought $991,600 of stock. The filing arrived the next day.
- Equinox bought $348,694 of Silvercrest stock in two days. The filing came the same day.
- Saba Capital Management, L.P. bought 15,967 JOF shares Oct. 28. It filed the next day.
- Enova's CEO sold shares in one October day. The filing arrived two days later.
- A Lindblad director sold $8.3 million of LIND stock over three days. A plan set in June did it.
- Samsara's CEO sold $11.3 million of stock in three days. The plan was set in 2025.
- CrowdStrike CEO George Kurtz sold $5.3 million of stock under a plan set in January.
- ServiceNow went from 4 to 106 mentions on r/wallstreetbets in a day
- Amazon mentions on r/wallstreetbets jumped 6.5x in a day, from a base of 17.
- Intel went from 17 to 192 r/wallstreetbets mentions in a day. The base was small.
Back Monday at 8 a.m. ET.
— K. Song, editor
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MarketSpill reads public filings. Free to read; ads and sponsors pay for it and do not pick the stories. Not investment advice. Corrections: [email protected].