2026-07-01: Anderson Sheila Mae (CDAO) — EXERCISE-AND-SELL (option exercise, not a position reduction) — $72.8K of DAKT (open-market, Form 4, code S) [sub-threshold WATCH] [exercise-and-sell: sold 3,636 sh, all of them exercised the same day at $9.57 vs a $20.01 avg sale — $34.8K cost to acquire, $38.0K net; 3,864 more exercised and kept — the held position ROSE on the day] [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] [CLASS DISCLOSURE 2026-08-29: this row predates the trade-date convention and no single trade date is stored for it; the leading date is the filing's earliest transaction date, which this filing declares as its own periodOfReport — not the day the filing entered the feed, which was 2026-07-02. This is a class statement — nothing in this line has been recomputed and no figure is being called wrong.] [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.
Free to quote, cite, and reference with attribution to apibeary.com. Informational only — not investment advice. Signals describe observed filings, not recommendations.