{"id":"F000479","trades":[{"date":"2023-01-24","filed":"2024-08-13","ticker":"MRO","issuer":"MRO","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":null,"late":true,"trade_id":"SQF000479-20240813-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":null},{"date":"2025-05-15","filed":"2025-06-09","ticker":"GOOG","issuer":"GOOG","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Communication Services","late":false,"trade_id":"SQF000479-20250609-001","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":0.058931},{"date":"2026-03-27","filed":"2026-04-03","ticker":"T","issuer":"T","asset_type":"stock","direction":"sell","amount":[1001,15000],"owner":"unknown","sector":"Communication Services","late":false,"trade_id":"SQF000479-20260403-006","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":0.032172},{"date":"2026-03-27","filed":"2026-04-03","ticker":"MSFT","issuer":"MSFT","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Information Technology","late":false,"trade_id":"SQF000479-20260403-007","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":0.013596},{"date":"2026-03-27","filed":"2026-04-03","ticker":"ERIE","issuer":"ERIE","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQF000479-20260403-008","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":0.051186},{"date":"2026-03-30","filed":"2026-04-03","ticker":"AMZN","issuer":"AMZN","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Consumer Discretionary","late":false,"trade_id":"SQF000479-20260403-001","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":0.012167},{"date":"2026-03-30","filed":"2026-04-03","ticker":"MU","issuer":"MU","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Information Technology","late":false,"trade_id":"SQF000479-20260403-002","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":0.045445},{"date":"2026-03-30","filed":"2026-04-03","ticker":"MSFT","issuer":"MSFT","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Information Technology","late":false,"trade_id":"SQF000479-20260403-003","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":0.002641},{"date":"2026-03-30","filed":"2026-04-03","ticker":"GOOG","issuer":"GOOG","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Communication Services","late":false,"trade_id":"SQF000479-20260403-004","source":"senate_quiver","source_url":"","in_jurisdiction":true,"car_5":0.057664},{"date":"2026-03-30","filed":"2026-04-03","ticker":"ERIE","issuer":"ERIE","asset_type":"stock","direction":"buy","amount":[1001,15000],"owner":"unknown","sector":"Financials","late":false,"trade_id":"SQF000479-20260403-005","source":"senate_quiver","source_url":"","in_jurisdiction":false,"car_5":0.003518}],"tests":[{"id":"T1","reading":"does_not_fit","evidence":"statistical","summary":"100% of 10 trades were in the lowest disclosure band ($1,001-$15,000); trades just before large company-specific moves were not larger than usual.","detail":"Lowest-band share 1.000, 90% Wilson [0.787, 1.000]. Event-linked size gap Delta_z = 0.00 (within-issuer permutation p = 1.000); 0 event-linked trades with z > 3 in bands of $50,001 or more.","estimate":{"label":"Lowest-band share","value":1,"ci":[0.787058,1],"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":10,"lowest_band_share":1,"lowest_band_ci":[0.787058,1],"share_over_50k":0,"max_z":0,"size_gap":0,"size_gap_p":1,"event_linked":1,"event_linked_outliers":0}},{"id":"T2","reading":"open_question","evidence":"statistical","summary":"7 different companies; the effective number of equally sized positions is 6 and trading spans 55% of maximum sector diversity.","detail":"Dollar HHI 0.160 (identified set [0.143, 0.631]); trade-count HHI 0.160 vs. 95th percentile 0.120 of 10 random draws from all congressional trades (p = 0.004). Normalized sector entropy 0.55 [0.53, 0.58]. Top three issuers (ERIE, GOOG, MSFT) carry at least 9% of dollar volume.","estimate":{"label":"Effective number of issuers","value":6.25,"ci":[1.583958,7],"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":10,"issuers":7,"hhi_mid":0.16,"hhi_bounds":[0.142857,0.63133],"n_eff":6.25,"hhi_count":0.16,"peer_benchmark_p95":0.12,"peer_benchmark_p":0.004,"sector_entropy":0.546639,"sector_entropy_ci":[0.526289,0.575639],"top3_share_lower":0.090992,"top3":["ERIE","GOOG","MSFT"],"top3_tied_to_events":true}},{"id":"T3","reading":"does_not_fit","evidence":"statistical","summary":"50% of trading days were batches of three or more companies; 0% of trades look routine; 10.0% of trades came within five trading days before a large company-specific move (chance alone: 6.8%).","detail":"Batch-day share 2/4, Wilson [0.18, 0.82]; index of dispersion 3.59 (chi-square p = 2.69e-239); routine share 0.00 (portfolio-routine or Cohen-Malloy-Pomorski two-year rule). Proximity share 0.100 vs. circular-shift null mean 0.068, p = 0.390.","estimate":{"label":"Batch-day share","value":0.5,"ci":[0.1824,0.8176],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":0.39,"p_holm":0.78,"q_bh":0.820147,"robust":null,"robustness":[],"sources":[],"stats":{"n":10,"trade_days":4,"batch_share_trades":0.8,"batch_day_share":0.5,"batch_day_ci":[0.1824,0.8176],"dispersion_index":3.59228,"dispersion_p":0,"routine_share":0,"proximity_share":0.1,"proximity_null_mean":0.068136,"proximity_null_p95":0.3,"proximity_p":0.39,"proximity_nonroutine":0.1,"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":9}},{"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":"open_question","evidence":"descriptive","summary":"1 of 10 trades (10.0%) were disclosed late; median lag 6 days.","detail":"Late share 0.100, Wilson [0.023, 0.348]; 90th percentile lag 79 days; longest 567 days.","estimate":{"label":"Late share","value":0.1,"ci":[0.022635,0.347719],"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":10,"amendment_rows_excluded":0,"late":1,"late_from_trade":1,"excused_by_notification":0,"late_share":0.1,"late_ci":[0.022635,0.347719],"median_lag":5.5,"p90_lag":79.2,"max_lag":567,"filings":3,"late_filings":1,"late_priced":0,"timely_priced":9,"late_priced_dates":0}},{"id":"T8","reading":"not_assessed","evidence":"descriptive","summary":"Too few trades could be mapped to an industry.","detail":"Too few trades could be mapped to an industry.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"n":10}},{"id":"T9","reading":"not_assessed","evidence":"descriptive","summary":"6 priced trades fell in affected industries in the 30 days before the member's committee events and 3 did not; at least 10 of each are needed to compare them.","detail":"6 priced trades fell in affected industries in the 30 days before the member's committee events and 3 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":6,"n_other":3,"events":6110}},{"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 2026-03-27 (permutation p = 0.002).","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"changepoint":"2026-03-27","changepoint_LR":18.577587,"changepoint_p":0.002,"tradeday_rate_before":0.002415,"tradeday_rate_after":1}},{"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":"open_question","evidence":"statistical","summary":"2 trades were followed within two weeks by a large company-specific move; 2 were on the profitable side.","detail":"Hit rate 1.00, Clopper-Pearson [0.22, 1.00], exact one-sided p = 0.250; threshold |AR| > 3 sigma.","estimate":{"label":"Hit rate","value":1,"ci":[0.223607,1],"ci_level":0.9,"unit":"share"},"power_limited":false,"screen":false,"p_value":0.25,"p_holm":0.75,"q_bh":1,"robust":null,"robustness":[],"sources":[],"stats":{"n":2,"hits":2,"hit_rate":1,"ci":[0.223607,1],"priced":9,"share_followed":0.222222}},{"id":"T13","reading":"does_not_fit","evidence":"statistical","summary":"60% of trades had another member trading the same stock the same way within a week (chance alone: 34%).","detail":"Co-traded share 0.600; circular-shift null mean 0.344, 95th pct 0.600, p = 0.210. Co-traded signed CAR 0.0982, p = 0.000.","estimate":{"label":"Co-traded share","value":0.6,"ci":null,"ci_level":null,"unit":"share"},"power_limited":false,"screen":false,"p_value":0.000193,"p_holm":0.000771,"q_bh":0.021971,"robust":true,"robustness":[{"variant":"Without M001157, the member with the most trades, in the co-trade index","value":0.6,"reading":"does_not_fit"}],"sources":[],"stats":{"n":10,"cotraded_share":0.6,"null_mean":0.344444,"null_p95":0.6,"excess_p":0.21,"cotraded_share_wo_top":0.6,"excess_p_wo_top":0.12,"cotraded_car":0.098159,"cotraded_car_ci":[0.075001,0.121317],"cotraded_car_p":0.000193}},{"id":"T14","reading":"not_assessed","evidence":"not_computed","summary":"Only 0 trades name the account owner; at least 10 are needed.","detail":"Only 0 trades name the account owner; at least 10 are needed.","estimate":null,"power_limited":false,"screen":false,"p_value":null,"p_holm":null,"q_bh":null,"robust":null,"robustness":[],"sources":[],"stats":{"owner_unknown":10}},{"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}}]}