The quality and depth of our insider trading information is unmatched.  Our data integrity staff and systems verify and correct data in real-time.  We also capture and standardize value-added information often reported in free text fields such as footnotes or remarks.  With a correction rate of over 20% of the reported data, our processes allow for the information to be used in investment decisions with confidence.

We disseminate the information in variety of ways including realtime low latency feeds, daily data files, or on request via web service APIs.  In addition to direct distribution we also publish news and premium value-added content on the Bloomberg, Dow Jones, and Thomson Reuters platforms.

The Washington Service specializes in ensuring the accuracy of data, submitting every trade to scrutiny by data integrity specialists and proprietary verification algorithms. Our accurate and extensively checked data extends back to 1988, giving us an unparalleled depth of insider information.

• Double-reading forms: Two different data integrity specialists read and interpret every Form 4 disseminated by the SEC. If the two sets of extracted data do not match exactly, the form is then re-read and re-interpreted by a third higher-level data integrity specialist. We repeat this until two independently extracted sets of data match exactly.
• Correcting filer errors: We correct filer errors in over 20% of Form 4s. Our data staff consult other SEC filings and market data sources and often contact the filer directly.
• Most extensively vetted data: We create real-time news stories for the Thomson Reuters, Dow Jones, and Bloomberg news services. We rarely receive reports of issues with our news stories, but when an issue does arise, we resolve it prior to generating client data.
• Eliminating duplicate reports: Frequently, different filers report the same trade on multiple Form 4s. Throughout the day, we identify, review, and eliminate duplicate trades.
• Large trade reviews: We have another level of review for all trades valued over $1 million and all purchases valued over $100,000.
• Capturing trades in footnotes and Table II: Our systems identify trades that incorrectly appear in Form 4 footnotes and in Table II (the derivative security transactions table). These trades are reviewed by our data integrity specialists.

EZ-Insider is a full-featured, easy-to-use Internet service for retrieving, displaying, searching, and sorting insider trading data filed with the Securities and Exchange Commission.

Learn more about EZ-Insider here.

The Washington Service offers premium insider trading information on Bloomberg beyond the basic news headlines available to all Bloomberg subscribers. Depending on the level of service you decide is best for your company, we provide the following information:

• U.S. Daily Insider Buys and Sells (Form 4)
• detailed daily report of all U.S. insider trading activity with intra-day updates and an end-of-day summary report
• U.S. Historical Insider Buys and Sells
• two-year company history of insider activity, including any new insider activity, which provides a framework for analyzing the most recent activity
• U.S. Proposed Restricted Securities Sales (Form 144)
• daily summary report of all proposed restricted securities sales
• two-year history of proposed securities sales by company when any new proposed sales are reported
• provides filer contact information

The Washington Service offers premium insider trading information on Thomson Reuters Bridge beyond the basic news headlines available to all Bridge subscribers. Depending on the level of service you decide is best for your company, we provide the following information:

• U.S. Daily Insider Buys and Sells (Form 4)
• detailed daily report of all U.S. insider trading activity with intra-day updates and an end-of-day summary report
• U.S. Historical Insider Buys and Sells
• 12-month company history of insider activity, including any new insider activity, which provides a framework for analyzing the most recent activity
• U.S. Proposed Restricted Securities Sales (Form 144)
• daily summary report of all proposed restricted securities sales
• 90-day history of proposed securities sales by company when any new proposed sales are reported
• provides filer contact information

The Washington Service provides data beyond basic Form 4 trades:

• Restricted (144) Stock Sale:
• In contrast to insiders in U.S. companies, officers and directors of many foreign issuers traded on U.S. stock exchanges are not required to file a Form 4. However, they are still required to register proposed sales of restricted stock on a Form 144. Consequently, the 144 is the only source of information on insider stock sales in these companies.
• In addition, while all insiders who file a Form 144 must also file a Form 4 if they actually sell the restricted stock, not all affiliates are insiders. Form 144s may therefore also report significant sales by affiliates that are not disclosed on Form 4s.
• 10b5-1 Trades:
• A trade made pursuant to a 10b5-1 plan is one that occurs automatically based on a pre-arranged schedule, allowing insiders to execute trades during company-dictated "blackout windows."
• We gather 10b5-1 data reported on Form 4s and indicate whether the trade was planned pursuant to this rule.