SecForm4.com

What it is

A subscription filing service, run by a Texas company, that treats the SEC's disclosure record as a product rather than as a lead magnet: Forms 3, 4 and 5, Schedules 13D and 13G, and 13F holdings, all searchable, with email alerts and a CSV of the day's filings on the top tier.

The distinctive thing is its business model, and it is the honest version of one this category is full of. Everything on the public site is six months old, stated plainly in a banner. Nothing is hidden behind a modal that appears after you have read three rows, and nothing is dressed up as a free product with unadvertised caps. You get to see exactly what the tool does, against data that is useless for trading, and the subscription is the clock.

The site itself is old — a Joomla build with the look to match. That is worth knowing and is not a verdict: the filings are current, the alerts run, and the feature list is deeper than most of the prettier tools here.

Pricing

Two plans, each listed at one price and sold at another. Insider Advanced is $44.95 a month against a $54.99 list; Insider Pro is $49.95 against $59.99. Longer commitments step the monthly rate down, and twelve months brings Advanced to $485.46 and Pro to $539.46, which works out at $40.46 and $44.96 a month.

Five dollars separates the tiers and almost every tool sits on the far side of it: the insider and dividend screeners, buy-sell ratios, user-defined alerts, unlimited ticker watching and the daily CSV are all Pro. Advanced is real-time filings and a 100-ticker watch list. For most buyers the question is not which tier but whether $50 a month is worth it against OpenInsider at nothing.

A seven-day trial exists for first-time subscribers and converts automatically, with no pro-rata refunds afterwards.

Data & coverage

US filings, from EDGAR, in three families. Insider — Forms 3, 4 and 5, with a sector graph view and the buy-sell ratio work on Pro. Large stakes — 13D and 13G as a daily list and as history, which few tools at this price carry. Institutional — 13F holdings with top-fund tables, top bought and sold names, a fund performance screener and money-flow views.

Paid data is described as real time, updated as filings arrive, with a daily cutoff at the market close so that anything filed after it appears the next trading day. The free view is six months behind by design.

No congressional trades, no lobbying, no short interest, and nothing outside the US. A coverage start year is not published anywhere on the site.

Limitations

• No API. The Pro CSV covers the day's filings, not history, and there is no other machine-readable route.
• The free tier cannot be used for anything. Six months late is the point, not a flaw, but it means there is no way to evaluate freshness before paying.
• No coverage start date is published, so how far the history actually reaches is unknown before you subscribe.
• No congressional data, which is the one dataset a reader coming from the free sites will most often expect to find.
• The trial auto-converts and refunds are not pro-rata. A diary entry on day six is the defence.
• The site is dated and the vendor is small. A Houston company with no public roadmap, no changelog and a stock Joomla footprint — the filings are current, and there is nothing to suggest what happens if the operator stops.

Alternatives

OpenInsider does the Form 4 half free, in real time, with a deeper filter set and no 13D/G or 13F. Insider Screener is the same price band with sixteen non-US markets and an API. Fintel is cheaper at $7.95 a month billed annually and adds ownership, short interest and options flow. WhaleWisdom is the specialist if the 13F half is what you are buying. The rest of the category is at insider, 13F and congressional trade trackers.