2026-06-26 (legs over 4 days to 2026-06-29): Lippoldt Darin (Chief Legal Officer) — scheduled sell (10b5-1 plan) — $1.7M of NBIX (open-market, Form 4, code S) [10b5-1 plan] [exercise-and-sell: sold 10,000 sh, all of them exercised the same day at $81.49 vs a $170.15 avg sale — $814.9K cost to acquire, $886.6K net] [CORRECTION 2026-08-28: headlined its whole $1.7M on 2026-06-26, the earliest transaction date the filing reports. The filing reports sell legs on TWO days: 200 shares at $169.565 on 2026-06-26, and 8,110 at $170.025 plus 1,690 at $170.8144 on 2026-06-29 — $1,667,579, 98% of the total, on a day the sentence never mentioned. Nothing else on this row was wrong: the dollars, the strike cost, the net and the actor all reconcile to the dollar. The head date and the row's traded_date column both KEEP 2026-06-26, which is the stored convention two earlier waves settled; what the sentence gains is the span it was hiding, stated so a reader can check it against the two dates printed in it. The sentence above is the one the fixed reader publishes for this filing today, 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
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Sources
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or the disclosure document filed with the House Clerk or the Senate. A row whose source
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