FAQ

Frequently Asked Questions

Everything you need to know about tracking insider trades with Form4.ai.

What is Form4.ai?

Form4.ai is a real-time insider trading alert service. We monitor SEC Form 4 filings the moment they hit the SEC's EDGAR system and send you a Telegram alert when a CEO, CFO, director, or major shareholder buys or sells their own company's stock — so you can follow the moves of corporate insiders as they happen.

What is an SEC Form 4 filing?

A Form 4 is the disclosure that company insiders — officers, directors, and shareholders who own more than 10% of a company — are legally required to file with the SEC whenever they buy or sell shares. It must be filed within two business days of the trade, which makes it one of the most timely and reliable signals of what insiders really think about their own stock.

Why should I track insider trading?

Insiders know their business better than anyone. When executives spend their own money buying shares on the open market, it often signals genuine confidence in the company's future. Academic research has repeatedly shown that open-market insider purchases tend to outperform the broader market, which is why professional and retail investors alike watch Form 4 activity closely.

How fast will I get insider trading alerts?

Fast. Form4.ai polls the SEC's filing feed continuously and delivers Pro alerts to your Telegram within about two minutes of a Form 4 being filed — usually before the news is picked up anywhere else, giving you time to react before the market does.

How do I receive the alerts?

Alerts are delivered straight to Telegram. After you sign up, you connect your Telegram account in a few taps and start receiving alerts in your chosen channels or as direct messages. There's no app to install beyond Telegram, which you can use on your phone, desktop, or the web.

What's the difference between the Free and Pro plans?

The Free plan gives you the live filings dashboard, with one catch: insider buys from the last 72 hours are locked until they age out. The Pro plan ($4.99/month or $49.90/year) unlocks those buys the moment they are filed, plus real-time Telegram alert channels, a CEO buys channel that carries only purchases by chief executives, cluster-buy detection, custom watchlist rules for the specific tickers you care about, and a daily email digest of the previous day's biggest insider purchases. Every Pro subscription starts with a 7-day free trial.

What is a cluster buy?

A cluster buy is when several different insiders at the same company purchase shares within a short window. When multiple executives independently put their own money into the stock at once, it's often a stronger signal than a single purchase. Form4.ai automatically detects these clusters and highlights them for Pro subscribers.

Can I track specific stocks?

Yes. Pro subscribers can build a personal watchlist and create custom screener rules — filter by ticker, minimum trade size, insider role, transaction type, and conviction thresholds such as the percentage change in an insider's holdings. When a filing matches one of your rules, you get a direct Telegram alert.

Is the data real-time or delayed?

It depends on your plan. Pro subscribers receive alerts in real time, within roughly two minutes of a filing. The Free dashboard is live too, but insider buys stay locked for 72 hours after filing — you can see that a CEO bought $5M of stock and when it unlocks, just not which company until then.

What is a Rule 10b5-1 plan, and can I filter it out?

A Rule 10b5-1 plan is a pre-scheduled trading arrangement that lets insiders buy or sell on a fixed, automated schedule. Because these trades are planned in advance, they carry less signal than discretionary open-market buys. Form4.ai lets Pro subscribers exclude 10b5-1 transactions from their watchlist alerts so they only see conviction trades.

Is tracking insider trades legal?

Absolutely. Form 4 filings are public records that the SEC requires insiders to disclose, and Form4.ai simply surfaces this public information faster and in a more usable format. This is completely different from illegal insider trading, which involves acting on material non-public information.

Can I cancel anytime?

Yes. Every Pro plan includes a 7-day free trial and you can cancel at any time — there are no long-term contracts. Payments are handled securely through Stripe.

Where does the data come from?

All of our data comes directly from the SEC's official EDGAR system, the authoritative source for Form 4 and other insider filings. We parse each filing as soon as it's published so the information you receive is accurate and traceable back to the original SEC document.

Still have a question? Email our team and we'll get back to you.