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# Insider & Smart-Money Digest — Oct 28, 2026
- URL: https://www.altamiraequity.com/insider-digest-2026-10-28/
- Published: 2026-10-28T14:30:00.000Z
- Updated: 2026-11-10T07:38:27.000Z
- Description: Top signal: High-conviction buy: Sweet Julie Spellman bought $2.49M of ACN; forming (2 buyers): ACN.
- Author: Altamira Capital
- Tags: Money Flows

NYSE: OPEN · Form 4 filings through 06:11 AM PT · Edition window: filings dated Oct 27–Oct 28**Top signal:** High-conviction buy: Sweet Julie Spellman bought $2.49M of ACN; forming (2 buyers): ACN.

## A · Cluster buys — 3+ insiders, 14 days

No active clusters today — no ticker has 3+ distinct insiders buying within 14 days.

![Insider & Smart-Money Digest 2026-10-28: the open-market buys (green) and the sales that tripped a notable-sale filter (red), by ticker, as tabulated in sections B and C](https://www.altamiraequity.com/content/images/2026/11/insider-digest-2026-10-28-flow.png)

Insider & Smart-Money Digest 2026-10-28: the open-market buys (green) and the sales that tripped a notable-sale filter (red), by ticker, as tabulated in sections B and C. Source: SEC Form 4 filings via the FMP insider feed, as tabulated in this digest.

## B · Today's Form 4 flow — the tracked universe

### Open-market buys filed since the last edition (3)

| Ticker | Insider              | Role                             | Txn date   | Shares @ price   | Value  | Stake Δ | SEC                                                                                                                                |
| ------ | -------------------- | -------------------------------- | ---------- | ---------------- | ------ | ------- | ---------------------------------------------------------------------------------------------------------------------------------- |
| ACN    | Sweet Julie Spellman | director, officer: Chair and CEO | 2026-10-26 | 2,100 @ $245.11  | $515k  | +6%     | [Form 4](https://www.sec.gov/Archives/edgar/data/1467373/000148763026000022/0001487630-26-000022-index.htm?ref=altamiraequity.com) |
| ACN    | Sweet Julie Spellman | director, officer: Chair and CEO | 2026-10-26 | 10,100 @ $246.17 | $2.49M | +26%    | [Form 4](https://www.sec.gov/Archives/edgar/data/1467373/000148763026000022/0001487630-26-000022-index.htm?ref=altamiraequity.com) |
| ACN    | Price Paula A        | director                         | 2026-10-26 | 800 @ $249.81    | $200k  | +9%     | [Form 4](https://www.sec.gov/Archives/edgar/data/1467373/000136924026000014/0001369240-26-000014-index.htm?ref=altamiraequity.com) |

⚠️ **AAPL**: cluster selling — 3 distinct insiders sold in the last 14 days ($1.74M total). Weight with care: broad officer selling is often vest-cycle flow, not a coordinated exit.

Filtered as noise this edition: 32 routine open-market sales ($6.26M total); 14 tax-withholding share payments; 4 option exercises; 2 grants/awards.

## C · High-conviction singles

| Ticker | Insider              | Role                             | Txn date   | Shares @ price   | Value  | Why                                                                       |
| ------ | -------------------- | -------------------------------- | ---------- | ---------------- | ------ | ------------------------------------------------------------------------- |
| ACN    | Sweet Julie Spellman | director, officer: Chair and CEO | 2026-10-26 | 10,100 @ $246.17 | $2.49M | $2.49M open-market buy; increases the buyer's stake by 26%; C-suite buyer |
| ACN    | Sweet Julie Spellman | director, officer: Chair and CEO | 2026-10-26 | 2,100 @ $245.11  | $515k  | $515k open-market buy; C-suite buyer                                      |
| ACN    | Price Paula A        | director                         | 2026-10-26 | 800 @ $249.81    | $200k  | $200k open-market buy                                                     |

## D · Clusters forming — one buyer away

| Ticker | Buyers (14d) | $ bought | Window                  | Buyers                              |
| ------ | ------------ | -------- | ----------------------- | ----------------------------------- |
| ACN    | 2            | $3.20M   | 2026-10-26 → 2026-10-26 | Price Paula A, Sweet Julie Spellman |

## E · Congress — newly disclosed (last 7 days)

| Ticker | Member      | Chamber | Type     | Amount           | Traded     | Disclosed  | Owner |
| ------ | ----------- | ------- | -------- | ---------------- | ---------- | ---------- | ----- |
| NVDA   | Cleo Fields | House   | Purchase | $1,001 - $15,000 | 2026-10-01 | 2026-10-23 | —     |
| NVDA   | Cleo Fields | House   | Purchase | $1,001 - $15,000 | 2026-10-01 | 2026-10-23 | —     |
| NVDA   | Cleo Fields | House   | Purchase | $1,001 - $15,000 | 2026-10-01 | 2026-10-23 | —     |
| TSM    | Cleo Fields | House   | Purchase | $1,001 - $15,000 | 2026-10-09 | 2026-10-23 | —     |

STOCK Act disclosures lag the trade by up to \~45 days and amounts are ranges — corroborating sentiment, not a timing signal.

![Congressional trades newly disclosed in the covered names (last 7 days), purchases against sales per ticker, as listed in section E](https://www.altamiraequity.com/content/images/2026/11/insider-digest-2026-10-28-congress.png)

Congressional trades newly disclosed in the covered names (last 7 days), purchases against sales per ticker, as listed in section E. Source: STOCK Act disclosures via FMP senate/house feeds, as tabulated in this digest (amounts are ranges; counts only).

## F · Smart-money context — active names

**ACN** — Insider stats 2026 Q4: 0 open-market purchases vs 9 sales (last quarter: 0 vs 6) · free float 96.4% of 0.61B shares out · next earnings 2026-12-17 (50d) · 14d open-market sales: $1.63M by 2 insider(s) vs buys $3.20M

## G · 14-day leaderboard — open-market insider flow

| Ticker | Score  | Buyers (14d) | $ bought | $ sold | Net $  | Signal  |
| ------ | ------ | ------------ | -------- | ------ | ------ | ------- |
| ACN    | **40** | 2            | $3.20M   | $1.63M | $1.57M | forming |

Method: Only open-market purchases (Form 4 code P) count as buy signals; sales are shown only when a notable-sale filter trips (C-suite ≥ $1M, any sale ≥ $10M, ≥25% of the seller's position, or 3+ sellers in 14 days), with the seller's post-sale stake shown for scale. Option exercises, grants, gifts and tax-withholding dispositions are counted as noise. Clusters require ≥3 distinct insiders (by reporting CIK) with purchase transaction dates inside a rolling 14-day window, computed over a 120-day local store of Form 4 rows for the tracked tickers. Signal score (0–100): cluster size (40/50/60), $ bought (5/10/15), buyer seniority (3–10), stake increase ≥10%/25% (5/10), buying within 10% of the 52-week low (10), freshness ≤3 days (5). Every row links to its SEC EDGAR filing. Sources: FMP insider trading (latest feed + per-symbol history + statistics), senate/house disclosures, shares float, batch quotes, earnings calendar — 12 API calls this run.

Research for information only — not investment advice; see [Disclosures](https://www.altamiraequity.com/disclosures/).