Welcome to the InsiderEdge beta

1. What this is

InsiderEdge reads SEC Form 4 insider filings and scores each one into a Signal. It is information only, not investment advice. We do not claim an edge: the published record does not show that higher-scored Signals outperformed their sector. The methodology page and the outcomes page show what was measured, including the results that look bad.

2. A first path to try

1. Open the Scanner and look at the latest Signals.
2. Open one Signal.
3. Read its score breakdown: which factors earned points and which did not apply.
4. Add the company to your Watchlist.
5. Create one Alert.

3. Plain glossary

Signal

One scored insider event for one company: a single Form 4 filing, or several insiders' filings from the same day combined into one. Only open-market purchases (BUY) and open-market sales (SELL) become Signals.

Conviction Score

A whole number from 0 to 100. It is the points a Signal earned out of the Applicable Max for that filing, which is the sum of the maximum points of only those factors that apply and have data for that filing. The maximum differs from filing to filing, so it is not out of a fixed 100 points.

Tier

A label (ELITE, STRONG, MODERATE or WEAK) derived from the score. The score cut-offs depend on whether the Signal is Live or Historical, so an ELITE Historical Signal and an ELITE Live Signal are not equal.

Cluster

The count of different insiders trading in the same direction in the same company within 30 days. Several filings by one insider do not make a Cluster.

Track Record

A per-insider, directional factor. It looks at that insider's earlier trades in the same direction and whether the stock did what that direction implies against SPY at both T+90 and T+180. It only counts when the insider has at least two qualifying earlier trades.

Live vs Historical

Historical Signals are older and have measured outcomes. Live Signals are newer and have no outcome yet, and they use a different Tier ladder. Statistics never mix the two.

Withheld

A filing we refused to turn into a Signal because it did not look like a genuine open-market purchase. Some are listed, with the observation behind each, on the Withheld page under Methodology.

4. Known limitations during the beta

• Data corrections are in progress. Some filings are double-counted, some prices are wrong, and Cluster counts may be stale. These are fixed in a scheduled window, so a number can change afterwards.
• A backtest on a single ticker usually shows insufficient data.
• The phone layout is rough on the Scanner and Signal pages. A laptop works best.
• Ask the Corpus is not available to testers.
• Pages can be slower around 11:30 UTC each day.

5. How to report a wrong number

Use the feedback link and tell us:

• the ticker
• the filing date
• what you expected
• what you saw
• a screenshot, if you can

Send feedback opens an email to [email protected] with the page already filled in.

6. What we store

• your Clerk account, including your email address
• your Watchlist
• your alert rules
• your notification settings
• your push device, if you turn push on

Questions typed into Ask the Corpus would be sent to Google’s Gemini API. Ask is not enabled for testers.

7. Beta end date

The beta ends on: [OPERATOR TO SET]

8. Feedback

Anything that looks wrong, confusing or missing: send feedback.