Leaders

Performers assume you bought and sold the same share count on the insider’s trade dates, at the first close on or after each trade date from the same prices/ file used to mark leftovers. A reported Form 4/SEDI fill is only a check that the print belongs on that tape: if it is more than 50% from that close, the lot is skipped (dual-listed or ADR mismatch). Same-day fills on one name that disagree by more than 50% keep only the cluster within 20% of the close. Sales close the oldest lots first. Open leftovers are marked to the last close on file. Rank is total dollar P&L. Percent is P&L ÷ cash spent on buys. Filers with under $1,000 of priced buys are skipped.

Active traders are ranked by print count. Active names are ranked by how many officer prints hit that ticker. Not a recommendation. Not the officer’s actual P&L — they may have other lots, options, and taxes.

Open-market buys only — Form 4 code P and SEDI nature 10. Awards, option exercises, gifts, private or prospectus prints, and sales are out. Copy the print on the public filing date at the first prices/ close on or after that day (10-day slack). Score the 30 / 90 / 180-day close after that. Same officer, ticker, and filing date collapse to one copy so split lots do not count twice.

Average return is the equal-weight mean of per-ticker means, so one name cannot dominate. Hit rate is the share of those copy trades that finished up. Floor is five clustered open-market buys in the last 18 months that also complete the selected horizon. Scheduled Form 4 10b5-1 buys are dropped before that floor. Vs ticker is the copy’s return minus the same name from the insider’s trade-date close to the same exit. Rank is average return, then hit rate. Officers who also clear 70% 90-day hit and a positive average sit on Follow — one company is enough. Not a recommendation.

Follow / Best is the same 90-day repeatable ranking — open-market buys only, clustered by officer / ticker / filing date, copied on the public filed date, equal-weight by name — plus two trust cutoffs: 90-day hit rate ≥ 70% and average 90-day return above zero. The N=5 buy floor is already in the ranking. Officers who only print at one company still qualify. Scheduled Form 4 10b5-1 / trading-plan buys do not count toward that floor.

Officers whose remaining Form 4 market prints are mostly scheduled-plan lots sort below discretionary peers. Rank then prefers size versus remaining Table I stake (conviction). Plan prints still alert, under discretionary lots on the same filed day. The daily job writes insider-follow.json. Browser notifications need a one-time Notify grant. Not a recommendation.