Insider & Smart-Money Digest — Oct 28, 2026
Top signal: High-conviction buy: Sweet Julie Spellman bought $2.49M of ACN; forming (2 buyers): ACN.
NYSE: OPEN · Form 4 filings through 06:11 AM PT · Edition window: filings dated Oct 27–Oct 28Top 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.
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 |
| ACN | Sweet Julie Spellman | director, officer: Chair and CEO | 2026-10-26 | 10,100 @ $246.17 | $2.49M | +26% | Form 4 |
| ACN | Price Paula A | director | 2026-10-26 | 800 @ $249.81 | $200k | +9% | Form 4 |
⚠️ 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.
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.
