FAQ

SEDI (System for Electronic Disclosure by Insiders) is Canada’s official government database where corporate insiders are legally required to report their trading activity. However, SEDI was built for regulatory compliance — not for investors. The interface is outdated, search is limited to one company at a time, filing codes are cryptic, and there are no alerts or monitoring tools. TSXInsider solves this by extracting, filtering, and organizing SEDI data into actionable intelligence.

Not all insider transactions are equal. Option exercises, compensation plans, and private placements are routine corporate activity — they don’t reflect a decision to buy or sell. Open market trades mean an insider voluntarily bought or sold shares on the public market with their own money. That’s a fundamentally different signal, and those are the only types we track. Buys are where most of the conviction signal is; sales happen for many reasons, so we flag the ones that stand out.

Yes — our database captures the full spectrum of SEDI filings, including option exercises, dispositions, private placements, compensation grants, and more. However, the website surfaces open market purchases and sales only because those are the trades an insider chooses to make with their own money. Every other transaction type has an alternative explanation, such as compensation, financing, or corporate activity. If you need the complete unfiltered dataset, it’s included in the Data & API plan — the full transaction history is available via the API feed. Contact us to discuss your needs.

These are our signal classifications. Notable flags purchases that clear any of these: $20K+ with a 5%+ increase in position, or any purchase of $50K+ regardless of percentage increase. Significant flags purchases over $50K with a 10%+ increase, or a brand-new position worth $100K+. Minor covers all other qualifying purchases below those thresholds. Cluster flags when two or more insiders at the same company buy within 5 trading days — one of the strongest predictive signals in insider trading research. Sales use their own thresholds: Significant is a sale of $250K+ and 10%+ of the insider’s holding, Notable is $100K+ and 5%+, and Minor covers all other sales. A sales Cluster needs several insiders selling within 5 trading days, each selling $50K+ and 5%+ of their holding (2 or more insiders at companies under $500M market cap, 4 or more at larger companies).

Insiders sell for many reasons — taxes, diversification, liquidity, planned selling programs — so a single sale rarely says much on its own. What matters is context: how large the sale is relative to the insider’s holding, whether several insiders are selling together (Cluster), and whether the sale happens near a 52-week high. Our sell signals (Significant, Notable, Cluster) flag the sales most worth a closer look.

Daily. Our automated system processes new SEDI filings every day. Subscribers receive a daily pre-market email with all the latest insider trades before the market opens.

No. TSXInsider is a data and research tool. We surface insider trading activity from public SEDI filings to help investors make more informed decisions. We do not provide buy/sell recommendations. Always do your own due diligence.

We track insider buying and selling activity across all companies listed on the TSX, TSX-V, CSE and NEO exchanges. Over 1500 individual company pages are available with complete trade history.

TSX Pro Monthly — $9.99/mo — Full website access, all daily trades & signal badges, 1000+ company pages, monthly archive pages, daily pre-market insider report, advanced filtering & search, CEO & CFO, Cluster, and 52-Week Highs & Lows pages (buying and selling), the Repeat Buyers page, and table downloads (CSV, Excel, PDF).

We accept all major credit cards (Visa, Mastercard, Amex) through Stripe for secure payment processing.

Yes. Cancel from your account dashboard at any time. No cancellation fees. Your access continues until the end of your current billing period (monthly or annual, depending on your plan). Please note that we do not offer refunds for early cancellation — your subscription remains active through the end of the term you paid for.

Dedicated pages that filter exclusively for C-suite executive trades, with separate buying and selling pages. When the people running a company buy shares with their own money, it’s one of the strongest signals of insider conviction; their sales show when executives are taking money off the table. Available to TSX Insider Pro and Data & API subscribers.

Dedicated buying and selling pages. The buying page shows all trades where two or more insiders at the same company bought shares within 5 trading days of each other — cluster buying is one of the most predictive signals in insider trading research, because coordinated conviction is rare and historically significant. The selling page shows companies where several insiders sold within 5 trading days, using a stricter test because routine selling is common. Available to TSX Insider Pro and Data & API subscribers.

Four dedicated pages: insider buying and insider selling near 52-week highs, and insider buying and insider selling near 52-week lows. Each shows open market trades from the last 30 days that were made while the stock was trading within 10% of its 52-week high or low (trades of $10K or more, on stocks priced at $0.10 or higher). Every trade is measured against the 52-week range as it stood on the day of the trade, and the % From High or % From Low column shows exactly where it landed. Available to TSX Insider Pro and Data & API subscribers.

Price context changes what a trade can mean. An insider buying near a 52-week low is accumulating at the lowest prices of the year; an insider buying near a high, or at a new high, is showing confidence the stock has further to run. On the selling side, sales near highs are often routine profit-taking, while sales near lows are less common and can reflect a need for cash or doubts about a near-term recovery. As always, check the size of the trade and whether other insiders are doing the same.

A dedicated page highlighting insiders who have made multiple open market purchases at the same company within 60 days. Repeat buying shows sustained conviction — an insider willing to buy again and again is sending a stronger signal than a one-time purchase. Available to all TSX Insider Pro subscribers.

Yes. TSX Insider Pro subscribers can download any table on the site in CSV, Excel, or PDF format.

TSX Insider Pro subscribers receive a daily pre-market email with all the latest insider trades — delivered before the market opens each morning.

The Data & API plan delivers trade data in JSON format for direct integration into your own systems. Includes the unfiltered buy/sell trade universe — all transaction types, including options and warrants — with full insider details, signal classifications, and historical data dating back to pre-2020. Contact us for documentation.

SEDI only records generic relationship codes — codes like 4 (Director) or 5 (Senior Officer). We go further, researching and displaying real titles like CEO, CFO, VP Exploration, and President so you know exactly who is buying or selling. No other Canadian insider tracking site does this. Knowing whether it’s the CEO or a minor director buying makes a significant difference in how you interpret the signal.