2026-08-21: Feldman Andrew D. (Director, CEO, President) — scheduled sell (10b5-1 plan) — $47.3M of CBRS (open-market, Form 4, code S) [10b5-1 plan] [converted-and-sold: all 237,559 shares sold were converted from Class B Common Stock the same day, and Class B Common Stock was itself acquired that day by exercising the options — an exercise carried through a class conversion, not stock sold out of inventory ($1.5M strike bill, $45.8M net)] [CORRECTION 2026-08-29: round 8 verifier sweep — the row claimed "$1.5M strike bill" — the filing's own lot costs $0 (0.00 renders as $0); the row claimed "$1.5M cost to acquire, $45.8M net" — gross minus the bill is $47.3M ($47,338,834.93 - $0.00 = $47,338,834.93). Re-derived from the filing under the fixed parser and re-checked against it claim by claim. 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.
Free to quote, cite, and reference with attribution to apibeary.com. Informational only — not investment advice. Signals describe observed filings, not recommendations.