{"scope": "company", "symbol": "TW", "name": "Tradeweb Markets Inc", "intelligence": {"score": 19, "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": 61, "confidence_label": "Developing", "filings": 12, "companies": 1, "insiders": 10, "signal_events": 5, "acquisition_events": 0, "disposal_events": 5, "acquisition_share": 0.0, "disposal_share": 100.0, "acquisition_value": 0.0, "disposal_value": 5045214.8106, "net_value": -5045214.8106, "acquisition_value_label": "$0", "disposal_value_label": "$5.0M", "net_value_label": "-$5.0M", "data_quality": 42, "priced_common_share": 42, "latest_date": "2026-06-01", "latest_signal_date": "2026-06-01", "oldest_date": "2026-03-23", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 12, "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": 8, "bar_width": 100.0}, {"label": "Other executive", "count": 3, "bar_width": 37.5}, {"label": "Finance leadership", "count": 1, "bar_width": 12.5}], "supports": ["Participation spans 10 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": "2026-05-25", "label": "25 May", "acquisitions": 0, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 1, "height": 100.0, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-06-01", "label": "01 Jun", "acquisitions": 0, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 1, "height": 100.0, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-06-08", "label": "08 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-15", "label": "15 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 0, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 0}, {"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": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 0, "height": 0.0, "acquisition_height": 0, "disposal_height": 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}], "market": {"latest_week": "2026-08-07", "latest_close": "102.620000", "currency": "USD", "one_week_change": "2.109452736318407960199004975", "thirteen_week_change": "4.864091559370529327610872675", "four_week_change": "4.864091559370529327610872675", "range_high": "113.231776", "range_low": "91.420000", "average_volume": 8699661, "relative_strength": "-19.033467", "market_dynamics": "-0.417631", "fair_value": "113.098741", "fair_value_gap": "-9.265126125497718847285842024", "trend_signal": "0", "one_week_change_label": "+2.1%", "thirteen_week_change_label": "+4.9%", "four_week_change_label": "+4.9%", "fair_value_gap_label": "-9.3%"}, "transactions": [{"date": "2026-06-01", "insider": "PETERSON, JUSTIN", "role": "Chief Technology Officer", "side": "Disposal", "security": "Class A common stock", "evidence_class": "common_equity", "value": "2164542.0000", "value_label": "$2.2M"}, {"date": "2026-05-26", "insider": "BERNS, STEVEN", "role": "Director", "side": "Disposal", "security": "Class A common stock", "evidence_class": "common_equity", "value": "44735.5000", "value_label": "$44.7K"}, {"date": "2026-05-19", "insider": "AIGRAIN, JACQUES", "role": "Director", "side": "Acquisition", "security": "Class A common stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-19", "insider": "BERNS, STEVEN", "role": "Director", "side": "Acquisition", "security": "Class A common stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-19", "insider": "GANELES, SCOTT", "role": "Director", "side": "Acquisition", "security": "Class A common stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-19", "insider": "MADOFF, PAULA", "role": "Director", "side": "Acquisition", "security": "Class A common stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-19", "insider": "OPOKU, LISA", "role": "Director", "side": "Acquisition", "security": "Class A common stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-19", "insider": "REPETTO, RICHARD H", "role": "Director", "side": "Acquisition", "security": "Class A common stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-05-19", "insider": "YARED, RANA", "role": "Director", "side": "Acquisition", "security": "Class A common stock", "evidence_class": "common_equity", "value": null, "value_label": "Not reported"}, {"date": "2026-04-15", "insider": "PETERSON, JUSTIN", "role": "Chief Technology Officer", "side": "Disposal", "security": "Class A common stock", "evidence_class": "common_equity", "value": "2560496.1506", "value_label": "$2.6M"}, {"date": "2026-03-23", "insider": "FURBER, SARA", "role": "Chief Financial Officer", "side": "Disposal", "security": "Class A common stock", "evidence_class": "common_equity", "value": "201524.0400", "value_label": "$201.5K"}, {"date": "2026-03-23", "insider": "FRIEDMAN, DOUGLAS", "role": "Chief Legal Officer", "side": "Disposal", "security": "Class A common stock", "evidence_class": "common_equity", "value": "73917.1200", "value_label": "$73.9K"}], "method": "Directional scores use deduplicated, priced common-share evidence with asymmetric disposal weighting, role, freshness, and size controls."}