2026-08-06: Miller Derek (SVP, Human Resources) — EXERCISE-AND-SELL (option exercise, not a position reduction) — $1.6M of AMGN (open-market, Form 4, code S) [exercise-and-sell: sold 3,890 sh, all of them exercised the same day at $162.60-$177.46 vs a $402.54 avg sale — $659.6K cost to acquire, $906.3K net] [CORRECTION 2026-08-26: full-corpus sweep - served as xsell, the filing re-derives as stc under the current parser. Original text in signal_events] [CORRECTION 2026-08-28: corpus sweep — this filing moves OUT OF the sell-to-cover class under the 2026-08-28 reader. Its footnote names an option strike or an exercise as well as a withholding purpose, and a leg that has named two mechanisms is read as the one that does not mute — the exercise family reports its own strike bill and net beside the gross, which a sell-to-cover sentence deletes. The dollars and the actor are unchanged. Re-derived from the filing itself for this repair rather than edited. Original text in signal_events]
Direction (BULLISH/BEARISH) classifies the event, not the price. It is not a forecast, and no scout's direction has been validated as predictive.
Conviction
Confidence is a heuristic conviction score, not a calibrated probability. On a single filing it is the scout's own 1-5 grade; on a row that rolls several filings together it is their SUM and has no ceiling, so it can read above 5. The stored number is published as it stands — never clamped, never hidden.
Dates
Dates are rendered exactly as filed. A sibyl row leads with the TRADE date the Form 4 reports; a pelosi row shows the member's trade date and the date the disclosure was filed, which are rarely the same day. "Flagged" is the day this feed first published the row.
Backfilled rows
A row marked "already old news when flagged" reached the feed after the fact. It is a record of a filing, not of a timely catch.
Sources
Every row links to the filing it was read from — an SEC Form 4 on EDGAR,
or the disclosure document filed with the House Clerk or the Senate. A row whose source
document this feed cannot link to is left off it.
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