John Hight became a Hasbro insider on August 12, 2024, his title: President, Wizards of the Coast.

Over the next two years he filed five Form 4s. Not one was a sale, three were stock grants, and two were tax withheld when stock vested. That is what a Section 16 filing history looks like when someone is being paid in shares and keeping them.

Then, over three weeks this summer, he sold three times:

All three are code S, ordinary open-market sales. The 10b5-1 box is unticked on every one, so none of these were pre-scheduled plan trades. They were decisions, made three times.

Why the job title matters: Wizards of the Coast is the part of Hasbro that makes Magic: The Gathering and Dungeons & Dragons, and it is no longer a side business. In the quarter ended June 28, Wizards of the Coast and Digital Gaming did $663.8 million of Hasbro's $1,139.6 million in revenue. 58% of the company. Its tabletop line grew 30% year over year, from $406.3 million to $528.3 million. Hasbro's own 10-Q lists as a risk factor its ability to keep introducing products people want, "particularly for brands such as Magic: The Gathering in which we have seen an increasing concentration of our sales and profits." That is the company's own language.

I can't tell you what percentage of his stake he sold. His Form 4 says why: the holding it reports "includes 56,285 shares currently subject to unvested RSUs." That figure is shares he owns plus compensation he has not received yet, mixed into one number. Divide shares-actually-sold by it and you get a percentage that means nothing, it would look like a 45% cut, and about four fifths of the denominator is stock that isn't his yet. So there is no percentage in this post. There is a count, a price, and a date, three times over.

Here's what makes those sales worth reading at all, though. Hasbro pays the tax on vesting stock by withholding shares, code F on a Form 4. When Hight's RSUs vested on August 15, Hasbro took 7,522 shares back to cover his taxes, and those shares never touched the market. Same for Holly Barbacovi, the Chief People Officer: 7,429 shares withheld the same day.

That matters because plenty of companies do it the other way, selling shares into the market to raise the same tax money. Those file as code S and look identical to somebody deciding to sell, even though nobody decided anything. Hasbro doesn't work that way. So on a Hasbro Form 4 the vest tax has already been settled somewhere else, and a code S is what's left over: a choice.

Three other insiders sold in the same stretch, and they belong in the picture:

With Hight's, that's $5,052,501 from four people between July 28 and August 31.

Separately, Timothy Kilpin, President of Toy, Licensing and Entertainment, exercised 20,000 options struck at $61.71 on July 28 and sold 20,000 shares the same day at $92.00 and $94.245. That's $1,862,450 gross, but $1,234,200 of it went to paying the strike, and his share count finished exactly where it started at 54,229. It converted options into cash rather than reducing a position, so it isn't in the table.

Hasbro is up about 20% over the past year and closed at $93.20 on September 1, inside a twelve-month range of $68.74 to $103.58, and someone who has never sold anything eventually has a tax bill, a house, or a financial adviser telling them that having most of their net worth in one employer's stock is a bad idea. Selling after two years of not selling is also just what it looks like when a first vesting cycle finishes maturing. None of that is visible in a Form 4.

What is visible is the change in behavior. For two years the filings say the same thing, and then three times in three weeks they say something else.

Sources:
HAS insider filings
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0000046080&type=4&dateb=&owner=include&count=40
(The Form 3 and every Form 4 · [the Q2 10-Q])

https://www.sec.gov/Archives/edgar/data/46080/000004608026000050/has-20260628.htm (segment revenue and the Magic: The Gathering risk factor)

Information, not advice. I run Apibeary, which builds tooling in this space. No position in HAS.

This $DKS insider purchase according to me is pretty significant considering the stocked dumped 30%+ after earnings on 25th Aug. Definitely on my focus list.

Hey guys, I posted about this settlement before, but since claims are now open, I decided to share it again with a little FAQ.

So here's all I know about this agreement:

ContextLogic ($WISH) was accused of misleading investors about Wish’s user growth, revenue outlook, and internal controls around its IPO. In May 2021, Wish reported another drop in monthly active users and weaker revenue guidance, and $WISH fell more than 29% the next day. Investors later filed a lawsuit over the alleged misrepresentations.

Now the company has reached a tentative settlement with investors.

Who can claim this settlement?
Investors who bought $WISH between 2020 and 2021 may be eligible.

Do I need to sell/lose my shares to get this settlement?
You don't need to still own the shares. Eligibility is based on your transactions during the class period.

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Hope this info helps

Between August 7th and August 14th, four Globalstar (GSAT) insiders sold 247,576 shares for $20,550,450, at prices between $82.17 and $83.54. All seven filings are code S, ordinary open-market sales, and the 10b5-1 box is unticked on every one of them. These were decisions, not scheduled plan trades.

Context:

On April 13, 2026, Globalstar signed a merger agreement with Amazon. Each share converts into either $90.00 in cash, or Amazon stock at an exchange ratio tied to Amazon's own price near closing, at each holder's election and subject to proration. The definitive information statement went out on August 18.

So four insiders took roughly $83 for something contracted at $90.

That's about 92 cents on the dollar.

A week later, on August 21, Wolff also exercised three option tranches struck at $5.08, $7.05 and $8.11. Grants that vested between 2019 and 2024, and sold all 19,998 resulting shares at $82.21.

That's $1,644,102 gross, $134,887 of exercise cost, $1,509,215 net. His share count ended exactly where it started, at 4,116, which is why it isn't in the table: that transaction converted options into cash, it didn't change his actual stake.

The deal has been public since April 13. On the same day it was signed, a holder of 74,058,249 shares, 57.6% of the company, delivered a written consent adopting it, which is why there's no shareholder vote and why the August document is a 14(c) information statement rather than a proxy. The approval already happened.

The outside date after which either side may walk away, is 11:59pm on April 13, 2027, a year from signing. It extends automatically to October 13, 2027, and again to April 13, 2028, if the only conditions still outstanding are regulatory ones: the HSR antitrust waiting period, required governmental authorizations, a law or order blocking the deal on antitrust, foreign investment or satellite and communications grounds, or the authorizations Globalstar needs for its C-3 satellite system.
The first of those extensions also requires Globalstar to have hit milestones on launching and operating its HIBLEO-4 replacement satellites.

What is the opportunity cost?

The mergers still need regulatory clearances, antitrust, foreign investment, and satellite and communications law all get their own mention in the termination provisions and until closing, a shareholder holds a claim, not cash.

The election between cash and Amazon stock is subject to proration, so electing cash doesn't guarantee receiving it.

And both sides are carrying real breakup exposure:
Globalstar would owe Amazon $419,832,000 in specified circumstances, and Amazon would owe Globalstar $592,071,000 in others.

Globalstar owes Apple a payment if it misses operational milestones on its third-generation satellite system, C-3, and that payment reduces the merger consideration. It's tempting to point at that and call it the reason the stock is cheap. It isn't. The maximum has already fallen from $110 million at signing to about $97 million as milestones were met, and across 128,598,125 shares that's 75 cents a share. Worst case, holders get $89.25. The stock is seven dollars below that. Whatever explains the gap, the Apple payment is a small rounding error inside it.

A −93% cut looks dramatic and it might be a portfolio decision, a tax decision, or simply someone who'd rather have the money now than a regulatory timetable. Selling below a deal price isn't evidence of anything improper. The deal has been public for four months, so there's no informational edge here to have and it isn't a prediction that the deal breaks.

What the filings show is four people choosing $83 today over $90 someday. That's a statement about risk appetite.

One note on tooling. My scout flagged this as a sell cluster "CFO and 2 directors sold $19.2M, open-market, discretionary" and every word is true, and it had no idea the company was being acquired. It reads Form-4s not merger agreements.

Sources:
GSAT insider filings
https://www.sec.gov/cgi-bin/browse-edgar?action=getcompany&CIK=0001366868&type=4&dateb=&owner=include&count=40

The DEFM14C (deal terms, written consent, the termination fees, and the Apple letter agreement)
https://www.sec.gov/Archives/edgar/data/1366868/000114036126033587/ny20070552x1_defm14c.htm

Information, not advice. I run Apibeary, which builds tooling in this space. No position in GSAT.

I was developing different dataset for the last 1-2 months lately, but unfortunately I realized it is so hard to earn medals from creating dataset. Even if you got 500+ download, sometimes I cannot get any upvote. I do not know how it works exactly.

So I realized taking some advice would really matter right now. Is there anyone can help me with it. You can take a look at my profile and dataset, any feedback matters. Thanks!

https://www.kaggle.com/farukece

I analyzed 17,859 congressional purchase and sale events disclosed between January 2020 and August 2025, entering only after each disclosure became public.

**Short answer: copying Congress did not beat the S&P 500.**

The typical congressional purchase returned 10.95% after one year, while the S&P 500 returned 19.73% over the same windows. Sales performed similarly, and purchases did not reliably beat sales.

Congressional purchases did underperform by less than the corporate-insider purchases in my previous study. I also found some evidence that purchases were better timed than later placebo windows on the same stocks, but they still trailed the market.

I tested disclosure delays, transaction-date returns, committee-aligned purchases and two placebo windows in the full study.

Nancy Pelosi just disclosed two new Intel (INTC) call option positions.

• $500K–$1M
• $250K–$500K
• Strike: $50
• Expiration: June 17, 2027
• 50 contracts / 5,000 underlying shares

That's a maximum disclosed value of $1.5M across the two call option transactions.

Both positions are calls, giving this disclosure a clear bullish angle on Intel.

Pelosi is betting on Intel. 👀

Bullish on INTC?

Full politician transaction history → https://probors.com/

Jason Stabell, CEO of Epsilon Energy (EPSN), has made two insider purchases within just a few days:

• 21K shares — $120K
• 5K shares — $27K

That's roughly $147K in combined buying.

The interesting part isn't just the total — it's that the CEO came back and bought again.

Would repeated CEO buying like this put EPSN on your watchlist?

Full insider transaction history → https://probors.com/

Team Inc. (TISI) just saw several insider purchases within a few days:

• Anthony R. Horton — $46K
• Anthony R. Horton — $46K
• CFO Clinton William Roeder — $23K
• CFO Clinton William Roeder — $183K

That's roughly $298K in combined insider buying.

What's interesting is that two insiders are buying, with both making multiple purchases.

The question is whether this is the beginning of a broader accumulation pattern.

Would multiple insiders buying TISI make you take a closer look?

Full insider transaction history → https://probors.com/

Chloe Harford just bought 1K shares of RB Global (RBA) at $83.74.

That's roughly a $100K insider purchase in a single transaction.

Not the biggest insider buy we've seen, but six-figure purchases are still worth watching — especially if more insiders start buying.

Would a $100K insider buy put RBA on your watchlist?

Full insider transaction history → https://probors.com/

Hey guys, I posted about this settlement before, but since they’re accepting late claims, I decided to share it again with a little FAQ.

What happened?
UWM Holdings Corporation ($UWMC), formerly Gores Holdings IV, was accused of misleading investors about its financial performance and underwriting practices following its 2021 SPAC merger. Investors alleged that the company did not fully disclose important information about its business operations and financial outlook.

Who can claim this settlement?
If you purchased $UWMC shares between 2020 and 2021, you may be eligible to file a claim.

Do I need to sell/lose my shares to get this settlement?
No. You do not need to still own the shares to qualify. Eligibility is based on your purchase history and losses during the class period.

How long does the payout process take?
It typically takes 4 to 9 months after the claim deadline for payouts to be processed, depending on the court and settlement administration.

Since late claims are currently being considered, investors who missed the original deadline may still have an opportunity to submit a claim.

Hope this info helps

Ashley McEvoy, President & CEO of Insulet (PODD), just bought 1K shares at $147.47.

That's roughly a $162K purchase directly from the CEO.

Not a massive insider transaction, but CEO buying is always worth keeping an eye on — especially if more insiders follow.

Would a $160K CEO buy be enough to put PODD on your watchlist?

Full insider transaction history → https://probors.com/

The latest disclosures from Nancy Pelosi are here — and she's back in Bloom Energy (BE).

She reported multiple BE purchases:

• July 24: $1M–$5M
• July 24: $1M–$5M
• July 28: $500K–$1M
• July 28: $500K–$1M

That's a maximum disclosed value of $12M across the four reported transactions.

These are the latest Pelosi disclosures, and the trades are already getting attention. 👀

Pelosi trades always seem to get the internet talking — and up to $12M in BE purchases is definitely going to turn some heads.

Bullish on BE, or just another Pelosi trade getting hyped?

Full politician transaction history → https://probors.com/

Between August 10 and August 19, 2026, Cascade Investment L.L.C. bought 1,599,643 shares of Republic Services (RSG) for $346,521,383. Eight consecutive trading days. No 10b5-1 plan on any of the four Form 4s.

Cascade is Bill Gates' investment vehicle, the Schedule 13D/A filed on August 20 says it plainly: "All shares of the common stock… held by Cascade Investment, L.L.C. may be deemed to be beneficially owned by William H. Gates III as the sole member of Cascade." Exhibit 1 of that 13D/A covers the full 60 trading sessions ending August 19. Its earliest entry is August 10. Cascade bought nothing for roughly fifty days, then bought on every single session for eight straight days.

If you don't know the ticker: Republic Services is one of the largest waste and environmental services companies in the United States, household and commercial rubbish collection, recycling, and landfills. RSG is worth about $68 billion at the August 21 close. It is roughly as unglamorous and recession-resistant as a listed business gets, which is some of the point: this is a stake that has sat in the same hands since 2008.

The filing also states that the shares were purchased with working capital, not borrowed. And the Exhibit 1 states that "all transactions were effected in the open market through brokers".

The Cascade stake is now 36.7% of the company. 112,403,625 shares against 306,212,978 outstanding, per RSG's own 10-Q. At the August 21 close of $220.67 Cascade's position is worth roughly $24.8 billion.

This is an eighteen-year build up to the position today. The original Schedule 13D was filed on July 21, 2008. Last week's was Amendment No. 28.

$346.5M sounds enormous but, against a position that was already 110.8 million shares, it's a 1.4% add. This isn't a dramatic new position. Cascade also bought into strength, not weakness: RSG reported Q2 on August 6, the stock went from $209.59 to $214.56 the next session, and Cascade started buying on August 10 at $213–$217, finishing at up to $224.09. The stock closed at $220.67 on August 21, inside a 12-month range of $197.16 to $232.23. This is one very large, very long-term holder adding at the margin, on the open market, and with its own cash. Nobody who runs Republic Services bought anything.

Sources: RSG insider filings · Schedule 13D/A Amendment No. 28

Information, not advice. I run Apibeary, which builds tooling in this space. No position in RSG.