{"id":"B001288","trades":[{"date":"2014-04-08","filed":"2014-05-09","ticker":"AMT","issuer":"American Tower Corporation (NYSE)","asset_type":"unknown","direction":"sell","amount":[15001,50000],"owner":"self","sector":"Real Estate","late":false,"trade_id":"S29d797a6-e3ff-4d76-9ee9-2e3840adb15b-001","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/29d797a6-e3ff-4d76-9ee9-2e3840adb15b/","in_jurisdiction":false,"car_5":null},{"date":"2014-04-08","filed":"2014-05-09","ticker":"NFLX","issuer":"Netflix, Inc. (NASDAQ)","asset_type":"unknown","direction":"sell","amount":[15001,50000],"owner":"self","sector":"Communication Services","late":false,"trade_id":"S29d797a6-e3ff-4d76-9ee9-2e3840adb15b-002","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/29d797a6-e3ff-4d76-9ee9-2e3840adb15b/","in_jurisdiction":false,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"NKE","issuer":"Nike, Inc. (NYSE)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":"Consumer Discretionary","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-001","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"IRM","issuer":"Iron Mountain Inc. (NYSE)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":"Real Estate","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-002","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"IBM","issuer":"International Business Machines Corporation (NYSE)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":"Information Technology","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-003","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":0.002716},{"date":"2014-08-08","filed":"2014-09-07","ticker":"FB","issuer":"Facebook, Inc. (NASDAQ)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":null,"late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-004","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"AMZN","issuer":"Amazon.com Inc. (NASDAQ)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":"Consumer Discretionary","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-005","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":true,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"AAPL","issuer":"Apple Inc. (NASDAQ)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":"Information Technology","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-006","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":-0.020858},{"date":"2014-08-08","filed":"2014-09-07","ticker":"DISH","issuer":"Dish Network Corp. (NASDAQ)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":null,"late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-007","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"AMT","issuer":"American Tower Corporation (NYSE)","asset_type":"unknown","direction":"sell","amount":[50001,100000],"owner":"self","sector":"Real Estate","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-008","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"EBAY","issuer":"eBay Inc. (NASDAQ)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":"Consumer Discretionary","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-009","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":true,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"IRM","issuer":"Iron Mountain Inc. (NYSE)","asset_type":"unknown","direction":"sell","amount":[1001,15000],"owner":"self","sector":"Real Estate","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-010","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":null},{"date":"2014-08-08","filed":"2014-09-07","ticker":"NFLX","issuer":"Netflix, Inc. (NASDAQ)","asset_type":"unknown","direction":"sell","amount":[15001,50000],"owner":"self","sector":"Communication Services","late":false,"trade_id":"S7abb2400-6528-4f7f-9739-248dfedc3ca2-011","source":"senate_stock_watcher","source_url":"https://efdsearch.senate.gov/search/view/ptr/7abb2400-6528-4f7f-9739-248dfedc3ca2/","in_jurisdiction":false,"car_5":null},{"date":"2026-08-11","filed":"2026-09-09","ticker":"AMZN","issuer":"AMZN","asset_type":"stock","direction":"sell","amount":[100001,250000],"owner":"unknown","sector":"Consumer Discretionary","late":false,"trade_id":"SQB001288-20260909-001","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":0.039515},{"date":"2026-08-11","filed":"2026-09-09","ticker":"ALNY","issuer":"ALNY","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Health Care","late":false,"trade_id":"SQB001288-20260909-002","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2026-08-11","filed":"2026-09-09","ticker":"NFLX","issuer":"NFLX","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Communication Services","late":false,"trade_id":"SQB001288-20260909-003","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":-0.053572},{"date":"2026-08-11","filed":"2026-09-09","ticker":"JD","issuer":"JD","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Consumer Discretionary","late":false,"trade_id":"SQB001288-20260909-004","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2026-08-11","filed":"2026-09-09","ticker":"MCD","issuer":"MCD","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":"Consumer Discretionary","late":false,"trade_id":"SQB001288-20260909-005","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":0.023945},{"date":"2026-08-11","filed":"2026-09-09","ticker":"NVDA","issuer":"NVDA","asset_type":"stock","direction":"sell","amount":[15001,50000],"owner":"unknown","sector":"Information Technology","late":false,"trade_id":"SQB001288-20260909-006","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":-0.022882}],"tests":[{"id":"T1","reading":"open_question","evidence":"descriptive","summary":"63% of 19 trades were in the lowest disclosure band ($1,001-$15,000).","detail":"Lowest-band share 0.632, 90% Wilson [0.444, 0.786]. No firm-event calendar, so the event-linked size gap was not computed.","estimate":{"label":"Lowest-band share","value":0.631579,"ci":[0.444085,0.786271],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":19,"lowest_band_share":0.631579,"lowest_band_ci":[0.444085,0.786271],"share_over_50k":0.105263,"max_z":0}},{"id":"T2","reading":"open_question","evidence":"statistical","summary":"14 different companies; the effective number of equally sized positions is 4 and trading spans 52% of maximum sector diversity.","detail":"Dollar HHI 0.241 (identified set [0.113, 0.472]); trade-count HHI 0.086 vs. 95th percentile 0.064 of 19 random draws from all congressional trades (p = 0.002). Normalized sector entropy 0.52 [0.44, 0.57]. Top three issuers (AMZN, AMT, NFLX) carry at least 44% of dollar volume.","estimate":{"label":"Effective number of issuers","value":4.146957,"ci":[2.119509,8.821302],"ci_level":0.9,"unit":"count"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":19,"issuers":14,"hhi_mid":0.241141,"hhi_bounds":[0.113362,0.471807],"n_eff":4.146957,"hhi_count":0.085873,"peer_benchmark_p95":0.063712,"peer_benchmark_p":0.002,"sector_entropy":0.51507,"sector_entropy_ci":[0.440203,0.572754],"top3_share_lower":0.440725,"top3":["AMZN","AMT","NFLX"],"top3_tied_to_events":false}},{"id":"T3","reading":"does_not_fit","evidence":"statistical","summary":"67% of trading days were batches of three or more companies; 0% of trades look routine; 0.0% of trades came within five trading days before a large company-specific move (chance alone: 4.8%).","detail":"Batch-day share 2/3, Wilson [0.25, 0.92]; index of dispersion 8.47 (chi-square p = 0); routine share 0.00 (portfolio-routine or Cohen-Malloy-Pomorski two-year rule). Proximity share 0.000 vs. circular-shift null mean 0.048, p = 1.000.","estimate":{"label":"Batch-day share","value":0.666667,"ci":[0.253534,0.921734],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":1,"p_holm":1,"q_bh":1,"robust":null,"robustness":[],"sources":[],"stats":{"n":19,"trade_days":3,"batch_share_trades":0.894737,"batch_day_share":0.666667,"batch_day_ci":[0.253534,0.921734],"dispersion_index":8.470415,"dispersion_p":0,"routine_share":0,"proximity_share":0,"proximity_null_mean":0.048096,"proximity_null_p95":0.157895,"proximity_p":1,"proximity_nonroutine":0,"proximity_routine":0}},{"id":"T4","reading":"not_assessed","evidence":"not_computed","summary":"Abnormal returns were not computed (daily prices unavailable or too few priced trades).","detail":"Abnormal returns were not computed (daily prices unavailable or too few priced trades).","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":7}},{"id":"T5","reading":"not_assessed","evidence":"descriptive","summary":"No market-wide shocks or documented events fell within five trading days after the member's trades.","detail":"No market-wide shocks or documented events fell within five trading days after the member's trades.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n_episodes":0}},{"id":"T6","reading":"not_assessed","evidence":"not_computed","summary":"No documentary record of trading arrangements or absence periods was available.","detail":"No documentary record of trading arrangements or absence periods was available.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{}},{"id":"T7","reading":"does_not_fit","evidence":"descriptive","summary":"0 of 19 trades (0.0%) were disclosed late; median lag 30 days.","detail":"Late share 0.000, Wilson [0.000, 0.125]; 90th percentile lag 30 days; longest 31 days.","estimate":{"label":"Late share","value":0,"ci":[0,0.124648],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":19,"amendment_rows_excluded":0,"late":0,"late_from_trade":0,"excused_by_notification":0,"late_share":0,"late_ci":[0,0.124648],"median_lag":30,"p90_lag":30.2,"max_lag":31,"filings":3,"late_filings":0,"late_priced":0,"timely_priced":6,"late_priced_dates":0}},{"id":"T8","reading":"does_not_fit","evidence":"descriptive","summary":"41% of the member's mapped trading by dollar value was in industries their committees oversee, against 11% for a comparable benchmark.","detail":"Committees SSAF, SSFR, SSJU, SSSB; jurisdiction sectors Aerospace & Defense, Agricultural & Farm Machinery, Agricultural Products & Services, Broadline Retail, Fertilizers & Agricultural Chemicals, Financial Exchanges & Data, Food Distributors, Interactive Media & Services, Packaged Foods & Meats, Pharmaceuticals, Regional Banks, Timber REITs. Dollar share 0.410 (identified set [0.178, 0.678], bootstrap 0.043-0.704); benchmarks S&P 500 0.113, congressional peers 0.114.","estimate":{"label":"Jurisdiction excess share","value":0.295574,"ci":[-0.071707,0.589441],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":17,"in_jurisdiction_trades":3,"share":0.410038,"share_bounds":[0.178326,0.677943],"share_ci":[0.042756,0.703904],"benchmark_sp500":0.112871,"benchmark_peers":0.114463,"excess":0.295574,"excess_ci":[-0.071707,0.589441],"committees":["SSAF","SSFR","SSJU","SSSB"],"jurisdiction_sectors":["Aerospace & Defense","Agricultural & Farm Machinery","Agricultural Products & Services","Broadline Retail","Fertilizers & Agricultural Chemicals","Financial Exchanges & Data","Food Distributors","Interactive Media & Services","Packaged Foods & Meats","Pharmaceuticals","Regional Banks","Timber REITs"]}},{"id":"T9","reading":"not_assessed","evidence":"descriptive","summary":"1 priced trades fell in affected industries in the 30 days before the member's committee events and 5 did not; at least 10 of each are needed to compare them.","detail":"1 priced trades fell in affected industries in the 30 days before the member's committee events and 5 did not; at least 10 of each are needed to compare them.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":1,"n_other":5,"events":2858}},{"id":"T10","reading":"not_assessed","evidence":"descriptive","summary":"No documented scrutiny date; the estimated change point in trading activity is shown for reference.","detail":"No documented scrutiny date; the estimated change point in trading activity is shown for reference. Estimated change point 2014-04-09 (permutation p = 0.020).","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"changepoint":"2014-04-09","changepoint_LR":12.337051,"changepoint_p":0.02,"tradeday_rate_before":1,"tradeday_rate_after":0.000621}},{"id":"T11","reading":"not_assessed","evidence":"not_computed","summary":"Requires T4 for every member; computed in the cross-member pass.","detail":"Requires T4 for every member; computed in the cross-member pass.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{}},{"id":"T12","reading":"not_assessed","evidence":"descriptive","summary":"None of the member's priced trades was followed within ten trading days by a large abnormal move.","detail":"None of the member's priced trades was followed within ten trading days by a large abnormal move.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":0,"priced":7}},{"id":"T13","reading":"does_not_fit","evidence":"statistical","summary":"16% of trades had another member trading the same stock the same way within a week (chance alone: 17%).","detail":"Co-traded share 0.158; circular-shift null mean 0.165, 95th pct 0.368, p = 0.550.","estimate":{"label":"Co-traded share","value":0.157895,"ci":null,"ci_level":null,"unit":"share"},"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":true,"robustness":[{"variant":"Without M001157, the member with the most trades, in the co-trade index","value":0.052632,"reading":"does_not_fit"}],"sources":[],"stats":{"n":19,"cotraded_share":0.157895,"null_mean":0.165338,"null_p95":0.368421,"excess_p":0.55,"cotraded_share_wo_top":0.052632,"excess_p_wo_top":0.87}},{"id":"T14","reading":"not_assessed","evidence":"descriptive","summary":"No trades were reported in a spouse's or dependent's name.","detail":"No trades were reported in a spouse's or dependent's name.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"family_trades":0,"owner_unknown":6}},{"id":"T15","reading":"does_not_fit","evidence":"descriptive","summary":"No purchase and sale of the same stock within six months.","detail":"No purchase and sale of the same stock within six months.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"round_trips":0,"share_in_round_trips":0}},{"id":"T16","reading":"does_not_fit","evidence":"descriptive","summary":"No option trades were reported.","detail":"No option trades were reported.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"option_trades":0,"option_share":0}}]}