{"scope": "industry", "title": "Utilities - Regulated Electric", "sector": "Utilities", "industry": "Utilities - Regulated Electric", "intelligence": {"score": 51, "label": "Balanced insider tape", "tone": "neutral", "stance": "Wait for clearer clustering", "brief": "Acquisition and disposal evidence is mixed after low-information compensation and derivative activity is separated out.", "confidence": 93, "confidence_label": "Deep evidence", "filings": 222, "companies": 25, "insiders": 162, "signal_events": 56, "acquisition_events": 16, "disposal_events": 40, "acquisition_share": 28.6, "disposal_share": 71.4, "acquisition_value": 7195057.9169, "disposal_value": 15777747.2382, "net_value": -8582689.3213, "acquisition_value_label": "$7.2M", "disposal_value_label": "$15.8M", "net_value_label": "-$8.6M", "data_quality": 56, "priced_common_share": 32, "latest_date": "2026-08-06", "latest_signal_date": "2026-08-06", "oldest_date": "2026-05-18", "evidence_classes": [{"key": "common_equity", "label": "Common equity", "count": 143, "bar_width": 100.0}, {"key": "equity_award", "label": "Equity compensation", "count": 68, "bar_width": 47.6}, {"key": "derivative", "label": "Options and derivatives", "count": 6, "bar_width": 4.2}, {"key": "other", "label": "Other securities", "count": 5, "bar_width": 3.5}], "roles": [{"label": "Director", "count": 158, "bar_width": 100.0}, {"label": "Other executive", "count": 31, "bar_width": 19.6}, {"label": "Other or unspecified", "count": 18, "bar_width": 11.4}, {"label": "CEO and chair", "count": 12, "bar_width": 7.6}, {"label": "Finance leadership", "count": 2, "bar_width": 1.3}, {"label": "Large holder", "count": 1, "bar_width": 0.6}], "supports": ["16 distinct acquisition events survive duplicate and security-type controls.", "Participation spans 162 named insiders rather than one filing source.", "The latest qualifying evidence is fresh, dated 06 Aug 2026."], "risks": ["Qualifying disposal events outnumber acquisitions, although disposals receive a lower directional weight."]}, "timeline": [{"start": "2026-05-25", "label": "25 May", "acquisitions": 0, "disposals": 4, "qualified_acquisitions": 0, "qualified_disposals": 4, "total": 4, "height": 6.2, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-06-01", "label": "01 Jun", "acquisitions": 28, "disposals": 11, "qualified_acquisitions": 2, "qualified_disposals": 8, "total": 39, "height": 60.0, "acquisition_height": 71.8, "disposal_height": 28.2}, {"start": "2026-06-08", "label": "08 Jun", "acquisitions": 1, "disposals": 2, "qualified_acquisitions": 1, "qualified_disposals": 2, "total": 3, "height": 4.6, "acquisition_height": 33.3, "disposal_height": 66.7}, {"start": "2026-06-15", "label": "15 Jun", "acquisitions": 5, "disposals": 2, "qualified_acquisitions": 1, "qualified_disposals": 2, "total": 7, "height": 10.8, "acquisition_height": 71.4, "disposal_height": 28.6}, {"start": "2026-06-22", "label": "22 Jun", "acquisitions": 7, "disposals": 4, "qualified_acquisitions": 0, "qualified_disposals": 3, "total": 11, "height": 16.9, "acquisition_height": 63.6, "disposal_height": 36.4}, {"start": "2026-06-29", "label": "29 Jun", "acquisitions": 62, "disposals": 3, "qualified_acquisitions": 3, "qualified_disposals": 2, "total": 65, "height": 100.0, "acquisition_height": 95.4, "disposal_height": 4.6}, {"start": "2026-07-06", "label": "06 Jul", "acquisitions": 12, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 13, "height": 20.0, "acquisition_height": 92.3, "disposal_height": 7.7}, {"start": "2026-07-13", "label": "13 Jul", "acquisitions": 0, "disposals": 1, "qualified_acquisitions": 0, "qualified_disposals": 1, "total": 1, "height": 1.5, "acquisition_height": 0.0, "disposal_height": 100.0}, {"start": "2026-07-20", "label": "20 Jul", "acquisitions": 10, "disposals": 2, "qualified_acquisitions": 8, "qualified_disposals": 2, "total": 12, "height": 18.5, "acquisition_height": 83.3, "disposal_height": 16.7}, {"start": "2026-07-27", "label": "27 Jul", "acquisitions": 6, "disposals": 8, "qualified_acquisitions": 4, "qualified_disposals": 3, "total": 14, "height": 21.5, "acquisition_height": 42.9, "disposal_height": 57.1}, {"start": "2026-08-03", "label": "03 Aug", "acquisitions": 1, "disposals": 7, "qualified_acquisitions": 1, "qualified_disposals": 7, "total": 8, "height": 12.3, "acquisition_height": 12.5, "disposal_height": 87.5}, {"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": "Utilities - Regulated Gas", "score": 81, "confidence": 98}, {"label": "Utilities - Regulated Water", "score": 69, "confidence": 86}, {"label": "Multiline Utilities", "score": 66, "confidence": 44}, {"label": "Utilities - Regulated Electric", "score": 51, "confidence": 93}, {"label": "Utilities - Renewable", "score": 43, "confidence": 74}, {"label": "Utilities - Independent Power Producers", "score": 30, "confidence": 64}, {"label": "Utilities - Diversified", "score": 20, "confidence": 45}], "leaders": {"constructive": [{"symbol": "ETR", "name": "Entergy Corporation", "score": 76, "confidence": 85}, {"symbol": "ED", "name": "Consolidated Edison Inc", "score": 73, "confidence": 70}, {"symbol": "DUK", "name": "Duke Energy Corporation", "score": 72, "confidence": 39}, {"symbol": "CMS", "name": "CMS Energy Corporation", "score": 66, "confidence": 50}, {"symbol": "POR", "name": "Portland General Electric Co", "score": 62, "confidence": 59}, {"symbol": "FE", "name": "FirstEnergy Corporation", "score": 62, "confidence": 48}], "cautious": [{"symbol": "SO", "name": "Southern Company", "score": 17, "confidence": 84}, {"symbol": "EVRG", "name": "Evergy, Inc.", "score": 19, "confidence": 56}, {"symbol": "PCG", "name": "PG&E Corp", "score": 19, "confidence": 73}, {"symbol": "PEG", "name": "Public Service Enterprise Group Inc", "score": 20, "confidence": 62}, {"symbol": "IDA", "name": "IDACORP Inc", "score": 25, "confidence": 35}, {"symbol": "ES", "name": "Eversource Energy", "score": 28, "confidence": 28}, {"symbol": "EIX", "name": "Edison International", "score": 28, "confidence": 28}, {"symbol": "OGE", "name": "OGE Energy Corporation", "score": 28, "confidence": 38}], "active": [{"symbol": "ETR", "name": "Entergy Corporation", "score": 76, "confidence": 85}, {"symbol": "SO", "name": "Southern Company", "score": 17, "confidence": 84}, {"symbol": "PCG", "name": "PG&E Corp", "score": 19, "confidence": 73}, {"symbol": "ED", "name": "Consolidated Edison Inc", "score": 73, "confidence": 70}, {"symbol": "EVRG", "name": "Evergy, Inc.", "score": 19, "confidence": 56}, {"symbol": "GNE", "name": "Genie Energy Ltd", "score": 32, "confidence": 70}, {"symbol": "PEG", "name": "Public Service Enterprise Group Inc", "score": 20, "confidence": 62}, {"symbol": "WEC", "name": "WEC Energy Group Inc", "score": 48, "confidence": 55}]}, "method": "Group reads measure breadth and conviction across controlled company-level insider evidence; they are classifications, not forecasts."}