{"scope": "company", "symbol": "QUAD", "name": "Quad Graphics Inc", "intelligence": {"score": 16, "label": "Concentrated distribution", "tone": "negative", "stance": "Review exposure and filing context", "brief": "Priced common-share disposals are concentrated enough to warrant review, but they are not treated as a standalone bearish forecast.", "confidence": 69, "confidence_label": "Well supported", "filings": 15, "companies": 1, "insiders": 9, "signal_events": 7, "acquisition_events": 0, "disposal_events": 7, "acquisition_share": 0.0, "disposal_share": 100.0, "acquisition_value": 0.0, "disposal_value": 1180907.2427, "net_value": -1180907.2427, "acquisition_value_label": "$0", "disposal_value_label": "$1.2M", "net_value_label": "-$1.2M", "data_quality": 47, "priced_common_share": 47, "latest_date": "2026-07-31", "latest_signal_date": "2026-07-31", "oldest_date": "2026-05-01", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 15, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 0, "bar_width": 0.0}, {"key": "derivative", "label": "Options and derivatives", "count": 0, "bar_width": 0.0}, {"key": "other", "label": "Other securities", "count": 0, "bar_width": 0.0}], "roles": [{"label": "Director", "count": 14, "bar_width": 100.0}, {"label": "Other executive", "count": 1, "bar_width": 7.1}], "supports": ["Participation spans 9 named insiders rather than one filing source."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.", "The latest qualifying filing is more than 30 days old."]}, "timeline": [{"start": "2026-06-29", "label": "29 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 0, "disposals": 3, "qualified_acquisitions": 0, "qualified_disposals": 3, "total": 3, "height": 100.0, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-10", "label": "10 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-17", "label": "17 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-24", "label": "24 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-08-31", "label": "31 Aug", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-09-07", "label": "07 Sep", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-09-14", "label": "14 Sep", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}], "market": {"latest_week": "2026-09-18", "latest_close": "9.430000", "currency": "USD", "one_week_change": "-6.633663366336633663366336634", "thirteen_week_change": "-8.535402521823472356935014549", "four_week_change": "-8.535402521823472356935014549", "range_high": "11.035949", "range_low": "7.500000", "average_volume": 1567051, "relative_strength": "22.074025", "market_dynamics": "1.168826", "fair_value": "5.816485", "fair_value_gap": "62.12540735512942954378804381", "trend_signal": "1", "one_week_change_label": "-6.6%", "thirteen_week_change_label": "-8.5%", "four_week_change_label": "-8.5%", "fair_value_gap_label": "+62.1%"}, "transactions": [{"date": "2026-07-31", "insider": "HUET, MELANIE ARLENE", "role": "Director", "side": "Disposal", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": "285144.5700", "value_label": "$285.1K"}, {"date": "2026-07-31", "insider": "FOWLER, JOHN C", "role": "Director", "side": "Disposal", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": "256360.0000", "value_label": "$256.4K"}, {"date": "2026-07-31", "insider": "MCKENNA, DONALD M", "role": "EVP, Chief Administrative Ofcr", "side": "Disposal", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": "120923.7600", "value_label": "$120.9K"}, {"date": "2026-05-27", "insider": "FLORES, KATHRYN QUADRACCI", "role": "Director", "side": "Disposal", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": "71678.1552", "value_label": "$71.7K"}, {"date": "2026-05-26", "insider": "FLORES, KATHRYN QUADRACCI", "role": "Director", "side": "Disposal", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": "128587.6175", "value_label": "$128.6K"}, {"date": "2026-05-20", "insider": "BUTH, DOUGLAS P", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-20", "insider": "EASON, BETH-ANN", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-20", "insider": "FLORES, KATHRYN QUADRACCI", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-20", "insider": "FOWLER, JOHN C", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-20", "insider": "FULLER, STEPHEN M.", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-20", "insider": "HARNED, CHRISTOPHER B", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-20", "insider": "HUET, MELANIE ARLENE", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-20", "insider": "ROTHMAN, JAY O.", "role": "Director", "side": "Acquisition", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-01", "insider": "EASON, BETH-ANN", "role": "Director", "side": "Disposal", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": "254510.6400", "value_label": "$254.5K"}, {"date": "2026-05-01", "insider": "FLORES, KATHRYN QUADRACCI", "role": "Director", "side": "Disposal", "security": "Class A Common Stock", "evidence_class": "common_equity", "value": "63702.5000", "value_label": "$63.7K"}], "method": "Directional scores use deduplicated, priced common-share evidence with asymmetric disposal weighting, role, freshness, and size controls."}