A fresh Form 4 filing shows Paulson & Co. Inc. adding to its stake in Thryv Holdings, Inc. (THRY), purchasing 144,975 shares on the open market on August 5, 2026 at $2.79 per share. The transaction, worth $404,480.25, was funded with the insider’s own capital rather than tied to an option exercise or other award, and the resulting position — 8,843,383 shares held indirectly through an entity structure — remains substantial relative to the size of the purchase itself.
This filing does not stand alone. It is the second of two open-market purchases by insiders at Thryv disclosed within a 48-hour window, spanning August 4 and August 5, 2026. Combined, the two transactions total $1,122,376 in insider buying. WhoIsBuyingNow.com classifies this pattern as a cluster buy, a label reserved for situations where multiple insider purchases land close together in time rather than a single isolated trade.
Why Clustering Matters
A single insider purchase can reflect any number of personal factors — portfolio rebalancing, tax planning, or simple opportunism at a price level the insider finds attractive. When two or more purchases land within a short window, though, it becomes harder to attribute the activity to one person’s idiosyncratic circumstances. Academic research on insider trading disclosures has found that clustered buying, in aggregate and across many companies, tends to correlate with periods of subsequent outperformance more reliably than isolated single-insider trades. That said, this is a statistical pattern observed across large datasets, not a predictive signal for any individual company, and it says nothing about what happens next specifically at Thryv.
Paulson & Co. Inc. is listed on the filing simply as an insider, without further detail on its exact relationship to Thryv’s board or management in the disclosure itself. What the filing does establish clearly is the mechanics: real money changed hands at a real price, on a real date, and the resulting share count is now part of the public record.
For readers tracking insider activity at Thryv, the key figures worth watching going forward are whether additional Form 4 filings continue to build on this August cluster, and at what price levels any further purchases occur. Filings like this one are disclosed to the SEC as a matter of regulatory requirement, and WhoIsBuyingNow.com will continue monitoring subsequent disclosures tied to THRY as they become public.
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Source: original SEC Form 4 filing.