Withheld filings

Some insider purchases are reported to the SEC under transaction code P, which the SEC defines as “open market or private purchase” — one code covering two economically unrelated events. A negotiated purchase at a price fixed in an agreement is not a market signal, and scoring it as one would overstate both the conviction behind it and the return measured from it.

Where our data shows a reported price that cannot be reconciled with what the stock actually traded at, we withhold the filing from scoring and record why. This page is that record.

What this page does and does not say

It is not an accusation. Nothing here suggests wrongdoing by any filer. Buying into an offering or a private placement is ordinary, lawful and routinely disclosed. These filings are excluded because they are not open-market purchases, not because anything is wrong with them.
It is an observation, not a conclusion. Each reason below describes what our data showed — a price against a traded range. We do not assert what the transaction was; establishing that takes the offering document itself, which our transaction feed does not carry.
We may be wrong. These rules are automated and deliberately biased toward withholding too little rather than too much. Every withheld row is kept in full and can be restored.

Most recent 100 withheld filings

Ticker	Insider	Transaction date	Reported price	Traded range that day	Below the low	Value	What we observed	Filing
CLBK	SPLAINE THOMAS JR CFO;EVP	2026-07-20	$10.00	$23.68 – $25.82	57.8%	$500,000	Two or more insiders reported an identical price to the cent on the same transaction date, and that price sat outside the day's traded range.	filing list
CV	SHEN CHING HANG 10% Owner	2026-09-15	$5.69	$6.35 – $6.74	10.4%	$4,999,996	Two or more insiders reported the same price to the cent across more than one date, and that price sat outside the tape for those dates.	filing list
CV	SHEN CHING HANG 10% Owner	2026-09-15	$5.69	$6.35 – $6.74	10.4%	$4,999,996	Two or more insiders reported the same price to the cent across more than one date, and that price sat outside the tape for those dates.

Traded ranges are stated on an as-filed basis — the prices as they stood on the transaction date, before any later stock split — so they are directly comparable to the price on the filing. Links marked filing listopen the issuer’s Form 4 filings for that date rather than the individual document, because the transaction feed we ingest does not carry an accession number for every filing.