InsiderTradeAlerts Blog

Updates, product notes, and market-focused education from the InsiderTradeAlerts team.

What Does Transaction Code P Mean on SEC Form 4?

Published June 24, 2026

What Transaction Codes Represent on Form 4Insider trading reports use single‑letter codes to identify the type of transaction. On SEC Form 4, the column labelled “Transaction Code” tells readers whether the insider bought shares, sold shares, exercised options or did something e…

What Is SEC Form 4?

Published June 24, 2026

SEC Form 4 is a public filing that shows when certain company insiders buy or sell shares of their own company’s stock.For investors, Form 4 filings can be useful because they show real transactions made by people who may know the business better than almost anyone else: executi…