Four fields that matter

The trade date says when a purchase or sale occurred. The filing date says when it became visible in the disclosure system. The ownership code can distinguish the member, spouse, dependent or joint account. The amount field is a statutory range, not an exact dollar value.

A headline that drops any of those qualifiers can turn a defensible record into a misleading claim. “Bought up to $250,000” is not the same as “bought $250,000,” and a spouse-coded trade should not be silently described as the member’s personal order.

Why filing lag belongs in the story

The STOCK Act disclosure system is designed to make covered transactions public, but the information arrives after the trade. Comparing the trade and filing dates shows how stale the information was when readers first saw it. A long lag is a transparency issue; it is not, by itself, proof of insider trading.

Our publication rule

JAT.Cool links to the source record, displays the full bracket and separates annual holdings from periodic transactions. Aggregated totals add lower bounds to lower bounds and upper bounds to upper bounds. We do not use midpoint estimates in the leaderboard.

Primary sources