{"scope": "industry", "title": "Department Stores", "sector": "Consumer Cyclical", "industry": "Department Stores", "intelligence": {"score": 14, "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": 70, "confidence_label": "Well supported", "filings": 125, "companies": 3, "insiders": 46, "signal_events": 9, "acquisition_events": 0, "disposal_events": 9, "acquisition_share": 0.0, "disposal_share": 100.0, "acquisition_value": 1763958.0008, "disposal_value": 4263964.2873, "net_value": -2500006.2865, "acquisition_value_label": "$1.8M", "disposal_value_label": "$4.3M", "net_value_label": "-$2.5M", "data_quality": 51, "priced_common_share": 7, "latest_date": "2026-08-03", "latest_signal_date": "2026-08-03", "oldest_date": "2026-05-16", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 32, "bar_width": 39.0}, {"key": "equity_award", "label": "Equity compensation", "count": 11, "bar_width": 13.4}, {"key": "derivative", "label": "Options and derivatives", "count": 0, "bar_width": 0.0}, {"key": "other", "label": "Other securities", "count": 82, "bar_width": 100.0}], "roles": [{"label": "Director", "count": 57, "bar_width": 100.0}, {"label": "Other executive", "count": 36, "bar_width": 63.2}, {"label": "Large holder", "count": 15, "bar_width": 26.3}, {"label": "CEO and chair", "count": 9, "bar_width": 15.8}, {"label": "Other or unspecified", "count": 5, "bar_width": 8.8}, {"label": "Finance leadership", "count": 3, "bar_width": 5.3}], "supports": ["Participation spans 46 named insiders rather than one filing source.", "The latest qualifying evidence is fresh, dated 03 Aug 2026."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight.", "Most filings are awards, derivatives, unpriced common shares, or other securities and remain contextual."]}, "timeline": [{"start": "2026-05-25", "label": "25 May", "acquisitions": 23, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 23, "height": 60.5, "acquisition_height": 100.0, "disposal_height": 0.0}, {"start": "2026-06-01", "label": "01 Jun", "acquisitions": 29, "disposals": 9, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 38, "height": 100.0, "acquisition_height": 76.3, "disposal_height": 23.7}, {"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": 1, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 2, "height": 5.3, "acquisition_height": 50.0, "disposal_height": 50.0}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 13, "disposals": 4, "qualified_acquisitions": 0, "qualified_disposals": 3, "total": 17, "height": 44.7, "acquisition_height": 76.5, "disposal_height": 23.5}, {"start": "2026-06-29", "label": "29 Jun", "acquisitions": 16, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 16, "height": 42.1, "acquisition_height": 100.0, "disposal_height": 0.0}, {"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": 1, "disposals": 2, "qualified_acquisitions": 0, "qualified_disposals": 2, "total": 3, "height": 7.9, "acquisition_height": 33.3, "disposal_height": 66.7}, {"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": 15, "disposals": 0, "qualified_acquisitions": 0, "qualified_disposals": 0, "total": 15, "height": 39.5, "acquisition_height": 100.0, "disposal_height": 0.0}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 0, "disposals": 2, "qualified_acquisitions": 0, "qualified_disposals": 2, "total": 2, "height": 5.3, "acquisition_height": 0.0, "disposal_height": 100.0}, {"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}], "peers": [{"label": "Recreational Vehicles", "score": 75, "confidence": 89}, {"label": "Home Improvement Retail", "score": 75, "confidence": 75}, {"label": "Auto Manufacturers", "score": 73, "confidence": 86}, {"label": "Lodging", "score": 66, "confidence": 83}, {"label": "Personal Services", "score": 64, "confidence": 80}, {"label": "Textile Manufacturing", "score": 57, "confidence": 50}, {"label": "Residential Construction", "score": 52, "confidence": 94}, {"label": "Furnishings, Fixtures & Appliances", "score": 50, "confidence": 92}, {"label": "Apparel Manufacturing", "score": 50, "confidence": 90}, {"label": "Restaurants", "score": 49, "confidence": 92}, {"label": "Footwear & Accessories", "score": 48, "confidence": 88}, {"label": "Homebuilding & Construction Supplies", "score": 46, "confidence": 55}, {"label": "Auto & Truck Dealerships", "score": 45, "confidence": 95}, {"label": "Leisure", "score": 45, "confidence": 92}, {"label": "Apparel Retail", "score": 43, "confidence": 90}, {"label": "Specialty Retail", "score": 42, "confidence": 91}, {"label": "Auto Parts", "score": 41, "confidence": 91}, {"label": "Travel Services", "score": 34, "confidence": 88}, {"label": "Luxury Goods", "score": 32, "confidence": 70}, {"label": "Packaging & Containers", "score": 27, "confidence": 95}, {"label": "Resorts & Casinos", "score": 25, "confidence": 93}, {"label": "Internet Retail", "score": 24, "confidence": 96}, {"label": "Gambling", "score": 24, "confidence": 75}, {"label": "Department Stores", "score": 14, "confidence": 70}], "leaders": {"constructive": [], "cautious": [{"symbol": "KSS", "name": "Kohl's Corporation", "score": 16, "confidence": 78}, {"symbol": "M", "name": "Macy\u2019s Inc", "score": 25, "confidence": 41}], "active": [{"symbol": "KSS", "name": "Kohl's Corporation", "score": 16, "confidence": 78}, {"symbol": "M", "name": "Macy\u2019s Inc", "score": 25, "confidence": 41}, {"symbol": "DDS", "name": "Dillard's, Inc.", "score": 50, "confidence": 35}]}, "method": "Group reads measure breadth and conviction across controlled company-level insider evidence; they are classifications, not forecasts."}