LYTIR

No. 26

Today's tidings

An executive sale: Dines Daniel, CEO and Chairman of PATH, sold $16.8M on Oct 15, under a pre-arranged 10b5-1 plan.

  • Three insiders at PAM bought $42.7M between Sep 25 and Oct 15.
  • A planned sale: Insight Venture Partners X, L.P. filed notice to sell $78.7M of HNGE.
  • Members of Congress reported buying at least $7.5M and selling at least $8.2M of government & agency debt (9 members) over the last 90 days.
  • Seeking Alpha: “M/I Homes Q3 2026 Earnings Preview”

Insiders buying together

The shield wall

  1. HEI8 of 8 insiders on filesame day Oct 8$1.4M
  2. GME3 of 7 insiders on fileover 22d (Sep 21–Oct 13)$77.5M
  3. PAM3 of 3 insiders on fileover 20d (Sep 25–Oct 15)$42.7M
  4. BPRE3 of 7 insiders on fileover 25d (Sep 21–Oct 16)$25.5M
  5. IMSR3 of 3 insiders on fileover 5d (Oct 9–Oct 14)$112K
  6. BORR2 of 9 insiders on fileover 10d (Oct 5–Oct 15)$44.5M
  7. APLD2 of 5 insiders on filesame day Oct 16$6.7M
  8. TRXB2 of 3 insiders on fileover 5d (Oct 8–Oct 13)$3.8M
  9. INBX2 of 3 insiders on fileover 21d (Sep 23–Oct 14)$2.3M
  10. ONMD2 of 4 insiders on fileover 2d (Oct 7–Oct 9)$1.0M

For scale: 4+ insiders in 30d happens in ~5% of cases

SEC Form 4 filings. A cluster is several insiders at one company buying within 30 days. · Share card

Executive sales

Chieftains selling

Large executive sales (>$500K, last 7 days)

  1. BJEddy Robert W.: President & CEO soldOct 14 10b5-1 plan (scheduled)$17.6M
  2. PATHDines Daniel: CEO and Chairman soldOct 15 10b5-1 plan (scheduled)$16.8M
  3. PATHDines Daniel: CEO and Chairman soldOct 16 10b5-1 plan (scheduled)$16.3M
  4. PColgrove John: Chief Visionary Officer soldOct 14 10b5-1 plan (scheduled)$14.5M
  5. TVTXDube Eric M: CHIEF EXECUTIVE OFFICER soldOct 15 10b5-1 plan (scheduled)$13.1M

SEC Form 4 filings. · Share card

Planned sales

Notice given

  1. LLYLILLY ENDOWMENT, INC.305,000 shares Shareholder filed Oct 15$368.7M
  2. HNGEInsight Venture Partners X, L.P.749,091 shares 10% Stockholder filed Oct 14$78.7M
  3. HNGEInsight Venture Partners (Cayman) X, L.P.614,262 shares 10% Stockholder filed Oct 14$64.5M
  4. LINDSven-Olof Lindblad1,500,000 shares Founder, Co-Chairman, 10% Shareholder filed Oct 16$53.2M
  5. AIGPETER ZAFFINO509,446 shares Former Officer and Director filed Oct 16$40.3M
  6. ALMRQiming Venture Partners VI, L.P.1,558,858 shares Affiliate filed Oct 14$36.7M
  7. HOODTHE TENEV 2017 IRREVOCABLE TRUST327,500 shares Director filed Oct 15$33.1M
  8. PATHICEVULCAN INVESTMENTS LIMITED2,500,000 shares Director filed Oct 15$32.6M
  9. MUDeboer Scott J28,545 shares Officer filed Oct 15$26.1M
  10. NTRAMATTHEW RABINOWITZ50,000 shares Director filed Oct 15$19.7M

SEC Form 144 notices, filed before an insider sells restricted stock. · Share card

Congress

The Althing

Congress, 90 days, bought vs sold (low end of reported ranges)

  1. private company stakes (5 members)bought $265K · sold $50.2M
  2. government & agency debt (9 members)bought $7.5M · sold $8.2M
  3. stocks (35 members)bought $4.6M · sold $6.1M

Periodic transaction reports filed under the STOCK Act. Amounts are the low end of each reported range. · Share card

The economy

Weather at sea

Fed Funds Rate
3.88
Yield Curve (10Y-2Y)
0.38
CPI
336.30
Unemployment
4.20
VIX (Cboe)
18.44

Federal Reserve Economic Data (FRED). VIX is Cboe's index, retrieved through FRED. · Share card

Headlines

What the ravens heard

  1. PRMBPrimo Brands Receives International Bottled Water Association's 2026 Environmental Stewardship AwardPR Newswire
  2. YUMMCD vs YUM: McDonald’s leads on value and income, Yum Brands on growthInvesting.com
  3. FCXFreeport-McMoRan options signal 4% move on earnings next weekInvesting.com
  4. BULLWebull to debut crypto-linked perpetual futures in NovemberInvesting.com
  5. AORTArtivion rises as Jefferies initiates at buy, sees ’attractive entry point’Investing.com
  6. EFXMerck & Co, Equifax among market cap stock movers on TuesdayInvesting.com
  7. MRNAModerna leads US momentum screen with gains of over 276% in three monthsInvesting.com
  8. MHOM/I Homes Q3 2026 Earnings PreviewSeeking Alpha
  9. AEYEAudioEye stock jumps after authorizing $15M share buyback planSeeking Alpha
  10. HTLDBaird downgrades Heartland Express, Werner as trucking headwinds mountSeeking Alpha

Publisher headlines and SEC filings from the last 24 hours. · Share card

New 13D Stakes

  1. TRXBTRex Bio, Inc.: ELI LILLY & Co19.9% of the shares filed Oct 16
  2. TCRTAlaunos Therapeutics, Inc.: Fairmount Funds Management LLC20.0% of the shares filed Oct 15
  3. TCPCBlackRock TCP Capital Corp.: Saba Capital Management, L.P.5.1% of the shares filed Oct 14

filer's 13Ds on 1 other company since June 2026

filer's 13Ds on 5 other companies since June 2026

filer's 13Ds on 13 other companies since June 2026

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Trades Reported After 45 Days

STOCK Act: Trades Reported After 45 Days

Laurel Lee (R-FL15): House: 1 trade reported 53 days after the trade · filed 2026-10-16

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