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Comparison5 min read

Signal8 vs OpenInsider: A Free Form 4 Screener or Insider Trades in Context

OpenInsider is a free, no-login Form 4 screener with many filters. Signal8 adds watchlist alerts, cluster buys and filings context. What each covers.

Updated By the Signal8 team

At a glance

OpenInsiderSignal8We make this
Price (as of 2026-11-02)Free; no pricing shown on its siteFree account; Pro $59/month or $588/year adds the API
Account neededNo, the screener loaded without a loginLogged out you see the feeds; a free account fills the value columns
Filings coveredForm 4Forms 3, 4 and 5
Screener filtersYes: dates, filing delay, transaction code, trade value, ownership change, industry, insider title and moreRecent transactions filter by insiders or entities; no multi-field insider screener
Ready-made listsYes: cluster buys, penny stock buys, CEO/CFO purchases $25k+, top purchases of the day, week and monthCluster buys and most active insiders over 90 days
AlertsNot listed on its site as of 2026-11-02Watchlist an insider: alerts on buys, sells or any Form 3, 4 or 5 filing
Data hours"6:00-22:00 ET Mon-Fri except federal holidays", per its footerNot stated
Company contextTicker pages with insider historyCompany pages with filings, dilution snapshot, institutions and congressional trades
API or AI accessNot listed on its site as of 2026-11-02API and MCP server on Pro

Every OpenInsider cell comes from openinsider.com, checked on 2026-11-02.

The short version

Both read the same SEC filings. A company insider who buys or sells has to file a Form 4, usually within two business days, and both sites turn those filings into tables.

OpenInsider is a screener first. It loads without an account and puts more than a dozen filters on one form: filing and trade dates, the delay between them, transaction codes, trade size, change in ownership, industry and insider title. Its ready-made lists (cluster buys, penny stock buys, CEO and CFO purchases over $25,000) cover the most common searches in one click.

Signal8 is a research site where insider trades are one layer. It follows an insider with alerts, groups cluster buys, and puts each trade next to the company's filings, dilution data and other holders.

If you want to slice every Form 4 by a precise set of conditions, OpenInsider does that for free. If you want to be told when a specific insider files, or see the filing in context, that is Signal8's side.

How OpenInsider works

The home page is the screener and a set of lists. The lists are titled Latest Cluster Buys, Latest Penny Stock Buys, Latest Insider Purchases $25k+, Latest Officer Purchases $25k+, Latest CEO/CFO Purchases $25k+, the matching sales lists at $100k+, and top officer and insider purchases and sales for the day, week and month. There is also a charts page.

The screener filters on ticker, insider, share price, liquidity, filing date, trade date, filing delay, each Form 4 transaction code (purchase, sale, grant, gift, tax, option exercise and others), traded value, ownership change, industry and insider title, with grouping and sorting.

We found no pricing, account, alert or export option on its site on 2026-11-02. Its footer says the data comes from sec.gov between 6:00 and 22:00 ET on weekdays, except federal holidays.

How Signal8 works

The insiders page lists Form 3, 4 and 5 filers with full transaction histories, a 90-day cluster buying panel with the number of distinct insiders behind each one, the most active insiders, and a recent transactions table. Logged out, the shares, price and value cells stay blank; a free account fills them in.

Add an insider to a watchlist and Signal8 alerts you when they buy, sell or file any Form 3, 4 or 5. From any trade, the company page is a click away, with its SEC filings, dilution snapshot, institutional holders and congressional trades. Pro adds the API and an MCP server whose tools cover Form 4 buys and sells, cluster-buy detection and cross-company insider patterns.

Where Signal8 is weaker

  • No multi-field insider screener. OpenInsider filters every Form 4 on filing delay, transaction code, trade value, ownership change, industry and title at once. Signal8's insider tables offer far fewer filters.
  • Fewer ready-made lists. Signal8 has cluster buys and most active insiders; OpenInsider adds penny stock buys, CEO and CFO purchases and day, week and month leaderboards.
  • Value columns need a sign-in. OpenInsider shows everything without an account.
  • The API needs Pro. Signal8's API and MCP server come with the $59 plan only.

Where OpenInsider is weaker

  • No alerts listed. We found no way to be notified of a new filing on its site as of 2026-11-02.
  • Form 4 focus. Its screener is titled a Form 4 screener, and we found no Form 3 or 5 coverage described on its site; Signal8 also covers Forms 3 and 5.
  • No company context beyond the insider tables: no filings, dilution or ownership data on the pages we read.

When each one fits

OpenInsider fits if you want free, no-login screening of every Form 4, cut by trade size, code, delay or title, or a quick look at the day's largest officer purchases.

Signal8 fits if you follow specific insiders and want an alert when they file, or you want each trade beside the company's filings and dilution data, or in an AI assistant through MCP.

The Academy guides on Form 4 transaction codes and Form 4 vs Form 144 explain what each code means and how a planned Rule 144 sale shows up before the trade.

FAQ

Is OpenInsider free?

As of 2026-11-02 OpenInsider's site showed no pricing, and its screener and lists loaded without a login. Signal8's insider pages are also free to view, with the shares, price and value columns filled in once you sign in with a free account.

What is a cluster buy?

A cluster buy is several different insiders of one company buying shares within a short window. OpenInsider has a Latest Cluster Buys list, and Signal8 shows cluster buying over the past 90 days with the count of distinct insiders. A cluster is a pattern in the filings, not a prediction of the share price.

Can I get an alert when an insider buys?

On Signal8, adding an insider to a free watchlist sends an alert when they buy, sell or file any Form 3, 4 or 5. We did not find an alert option on OpenInsider's site as of 2026-11-02.

How quickly do insider trades appear?

A Form 4 is generally due within two business days of the trade. OpenInsider's footer says its data comes from sec.gov between 6:00 and 22:00 ET on weekdays, except federal holidays. Signal8 has not published a measured delay from filing to display, so we do not quote one.

What do the Form 4 transaction codes mean?

The letter on each row is the SEC transaction code: P is an open-market purchase, S a sale, A a grant or award, M an option exercise, F shares withheld for tax, G a gift. The Academy's Form 4 codes guide lists them all.

Sources and dates checked

Each vendor below was checked on its own website on the date shown.

  • http://openinsider.com/ checked 2026-11-02: SEC Form 4 Insider Trading Screener; lists Latest Cluster Buys, Latest Penny Stock Buys, Latest Insider Purchases $25k+, Latest Officer Purchases $25k+, Latest CEO/CFO Purchases $25k+, Latest Insider Sales $100k+, Top Officer and Insider Purchases and Sales of the day, week and month, Charts; screener filters on ticker, insider, share price, liquidity, filing date, trade date, filing delay, transaction codes P, S, A, D, G, F, M, X, C, W, multiple days, traded value, ownership change, industry, insider title, with group by and sort options; footer 'Data provided by sec.gov 6:00-22:00 ET Mon-Fri except federal holidays'
  • http://openinsider.com/ checked 2026-11-02: page loaded without a login; no pricing, sign-up, email alert or export option shown on the page
  • Signal8 insiders directory signal8.ai/insiders checked 2026-11-02: SEC Form 3/4/5 filers with full transaction history; Cluster Buying Alerts over 90 days with unique insider counts; Most Active Insiders 90 days; Recent Insider Transactions filterable by All, Insiders, Entities; Shares, Price and Value cells blank when logged out
  • Signal8 repo frontend/lib/constants/alert-categories.ts checked 2026-11-02: watchlist alerts on an insider for buys, sells, other transactions and any Form 3, 4 or 5 filing
  • Signal8 /pro page checked 2026-11-02: Pro $59/mo or $588/yr; free account includes insider and congressional trade feeds, watchlists and alerts; Discord alert channels for insider trades; API 120 requests a minute, 10,000 a day, 3 keys
  • Signal8 /mcp page checked 2026-11-02: Form 4 buys and sells, cluster-buy detection and cross-company insider patterns as MCP tools

Check it on a live ticker

Compare the numbers yourself on Signal8

Every figure in a Signal8 dilution snapshot links to the filing sentence it came from, and anything we could not measure says so instead of showing zero. Start with the insider trades.

Also on Signal8:WatchlistSignal8 MCP serverSignal8 Pro

Terms in this article

Form 4
Form 4 is the SEC filing that officers, directors and holders of more than 10% must make within two business days to report a change in their holdings of the company's securities.
Rule 144
Rule 144 is the SEC safe harbor that lets holders publicly resell restricted or control securities without registration once conditions such as a holding period are met.
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