2026-08-25: Submarine Buyer LLC (insider) — OFF-MARKET SELL (secondary offering) — $56.2M of JMKE (secondary offering, Form 4, code S) [CO-FILED: one Form 4 filed jointly by 7 reporting persons, and its own footnotes put the money counted here on 2 of them — Boardwalk II Aggregator L.P. $43.7M, Submarine Buyer LLC $12.5M. The name above is the document's first-listed filer, which is how this feed labels a co-filed document; it is not a claim that it traded all of this] [CORRECTION 2026-08-31: this row named one reporting person and published the whole document's total. 0001193125-26-368714 is a single Form 4 filed jointly by 7 entities, and its own footnotes put $43.7M of it on Boardwalk II Aggregator L.P. and $12.5M of it on Submarine Buyer LLC. Those two are siblings under one general partner, not parent and child, and the filing has each reporting person disclaim the others' securities — so no control chain lets the name above carry the rest. The GROUP total and the direction were always right; what was missing was any way for a reader to see that $43.7M of it is another filer's. sibyl now reads every reporting person and every leg's own holder footnote, and the sentence above is what it produces from the filing re-read on 2026-08-31. No dollar figure has changed. 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
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
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