{"ticker": {"uuid": "f27f2ebf-cd80-412e-9217-7efa20e44926", "symbol": "REF", "name": "Reformation Inc.", "exchange": "NYSE", "country": "US", "sector": "Consumer Cyclical", "industry": "Apparel Retail"}, "charts": {"tiers": [{"count": 20, "label": "Direct company coverage"}, {"count": 0, "label": "Industry context"}, {"count": 0, "label": "Sector context"}], "events": [{"count": 7, "label": "Market update"}, {"count": 6, "label": "Earnings"}, {"count": 5, "label": "Analyst action"}, {"count": 2, "label": "Deals and strategy"}], "sources": [{"label": "Stock Titan", "count": 7}, {"label": "Investing.com", "count": 3}, {"label": "Zacks Investment Research", "count": 2}, {"label": "finance.yahoo.com", "count": 2}, {"label": "MarketBeat", "count": 1}, {"label": "Seeking Alpha", "count": 1}, {"label": "Benzinga Espa\u00f1a", "count": 1}, {"label": "Market source", "count": 1}]}, "insights": [{"text": "Early balanced news score", "tone": "neutral", "label": "Weighted tone", "value": "57/100"}, {"text": "3.32 effective stories after overlap and weighting.", "tone": "neutral", "label": "Evidence confidence", "value": "38/100"}, {"text": "Company-specific news is present, but the evidence has not yet earned enough independent, fresh information weight for price confirmation to be treated as a firm signal.", "tone": "neutral", "label": "Market reaction", "value": "Early company-news score"}, {"text": "71/100 evidence concentration around this catalyst.", "tone": "neutral", "label": "Primary event", "value": "Market update"}, {"text": "93% of weighted evidence is company-specific.", "tone": "positive", "label": "Company focus", "value": "20"}, {"text": "lower dispersion means the independent stories agree more closely.", "tone": "positive", "label": "Evidence agreement", "value": "8/100"}, {"text": "-6.9% over one week, - over four weeks, trend inactive, and near fair-value range.", "tone": "negative", "label": "Trend context", "value": "Trend inactive"}, {"text": "Reformation Inc. (NYSE:REF) Receives Consensus Rating of \"Moderate Buy\" from Analysts", "tone": "positive", "label": "Latest direct headline", "value": "Positive"}], "classifier": {"events": [{"count": 7, "event": "general", "label": "Market update", "weight": 4.25}, {"count": 6, "event": "earnings", "label": "Earnings", "weight": 4.07}, {"count": 5, "event": "analyst", "label": "Analyst action", "weight": 3.61}, {"count": 2, "event": "deals", "label": "Deals and strategy", "weight": 1.2}], "pipeline": {"status": "healthy", "providers_attempted": 3, "providers_with_results": 3, "raw_articles": 62, "unique_stories": 49, "duplicates_removed": 13, "relevant_stories": 20, "matched_archive_stories": 24, "current_evidence": 5, "direct_evidence": 20, "archive_articles": 0, "durable_story_count": 5, "durable_evidence_used": true, "durable_collected_at": "2026-08-24T17:30:19.776579+00:00"}, "confidence": 71, "primary_event": "general", "primary_label": "Market update", "negative_events": 1, "positive_events": 4}, "updated_at": "2026-08-25T08:30:56.283786+00:00", "total_unique": 20, "total_fetched": 20, "interpretation": {"tone": "neutral", "label": "Early company-news score", "risks": [], "badges": ["Provisional evidence"], "summary": "Company-specific news is present, but the evidence has not yet earned enough independent, fresh information weight for price confirmation to be treated as a firm signal.", "confidence": 38, "event_label": "Market update", "opportunities": [], "classification": "provisional", "sentiment_word": "balanced"}, "market_context": {"trend_tone": "negative", "latest_week": "2026-08-21", "trend_label": "Trend inactive", "latest_close": 14.48, "trend_signal": "0", "one_week_move": -6.9, "reaction_tone": "negative", "fair_value_gap": -6.6, "four_week_move": null, "reaction_label": "Price reacting lower", "fair_value_tone": "neutral", "market_dynamics": 0.0, "market_sentence": "-6.9% over one week, - over four weeks, trend inactive, and near fair-value range.", "fair_value_label": "Near fair-value range", "twelve_week_move": null, "relative_strength": null, "has_market_context": true, "expectation_direction": "negative", "expectation_probability": 0.0, "market_dynamics_buy_signal": false}, "total_relevant": 20, "pipeline_health": {"status": "healthy", "providers_attempted": 3, "providers_with_results": 3, "raw_articles": 62, "unique_stories": 49, "duplicates_removed": 13, "relevant_stories": 20, "matched_archive_stories": 24, "current_evidence": 5, "direct_evidence": 20, "archive_articles": 0, "durable_story_count": 20, "durable_evidence_used": true, "durable_collected_at": "2026-08-25T08:30:56.283786+00:00"}, "sentiment_summary": {"tone": "neutral", "label": "Early balanced news score", "score": 57, "total": 20, "neutral": 15, "negative": 1, "positive": 4, "raw_score": 68, "confidence": 38, "dispersion": 8, "story_count": 20, "window_days": 30, "direct_share": 93, "source_count": 3, "score_version": "evidence-v10", "evidence_count": 5, "evidence_status": "provisional", "information_mass": 0.607, "weighting_method": "event-aware exponential freshness decay", "newest_article_at": "2026-08-24T13:16:16+00:00", "direct_story_count": 20, "effective_articles": 3.32, "sector_story_count": 0, "direct_source_count": 3, "industry_story_count": 0, "source_concentration": 0.7601, "directional_story_count": 5}, "articles": [{"url": "https://www.marketbeat.com/instant-alerts/reformation-inc-nyseref-receives-consensus-rating-of-moderate-buy-from-analysts-2026-08-24", "tier": "direct", "title": "Reformation Inc. (NYSE:REF) Receives Consensus Rating of \"Moderate Buy\" from Analysts", "topics": ["Financial Markets"], "summary": "Reformation Inc. (NYSE:REF) has received a \"Moderate Buy\" consensus rating from analysts, with seven out of eight firms recommending a buy and one a hold. The average 12-month price target is $18.60, with recent coverage including buy ratings from Citigroup, William Blair, and BTIG Research, and an equal-weight rating from Morgan Stanley. Despite the positive analyst outlook, significant insider selling has occurred, with major shareholder Scsp Refo and director Yael Aflalo reducing their stakes by over 9% each.", "age_days": 0.8, "is_stale": false, "sentiment": "positive", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "publisher", "source_link": "https://www.marketbeat.com/instant-alerts/reformation-inc-nyseref-receives-consensus-rating-of-moderate-buy-from-analysts-2026-08-24", "source_name": "MarketBeat", "published_at": "2026-08-24T13:16:16", "tone_signals": ["Buy Rating"], "company_focus": 0.78, "freshness_pct": 83.1, "sentiment_pct": 58, "evidence_basis": "archived_article", "evidence_share": 13.9, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.084435, "influence_label": "Medium", "event_confidence": 53, "company_focus_pct": 78, "evidence_strength": 45, "published_display": "24 Aug 2026 13:16", "direction_included": true, "company_focus_label": "Shared story", "source_link_is_lookup": false, "evidence_share_display": "13.9"}, {"url": "https://seekingalpha.com/news/4636214-reformation-has-wall-streets-backing-but-investors-arent-sold-yet", "tier": "direct", "title": "Reformation has Wall Street's backing, but investors aren't sold yet (REF:NYSE)", "topics": ["Balance Sheet", "Earnings", "Economy Macro", "Financial Markets", "Growth", "IPO"], "summary": "Wall Street analysts are optimistic about Reformation (REF), citing its strong brand, customer base, and agile supply chain as drivers for significant growth in the apparel retail sector. Despite this backing, investors remain cautious due to the stock's stagnant performance since its IPO, concerns about market competition, and potential impacts of economic uncertainty on discretionary spending. Key growth drivers include new store openings, category expansion, and international market penetration, though these also present risks regarding productivity and consumer demand.", "age_days": 0.8, "is_stale": false, "sentiment": "neutral", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://seekingalpha.com/news/4636214-reformation-has-wall-streets-backing-but-investors-arent-sold-yet", "source_name": "Seeking Alpha", "published_at": "2026-08-24T13:16:16", "tone_signals": ["Positive financial language"], "company_focus": 0.78, "freshness_pct": 89.5, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 2, "evidence_weight": 0.086436, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 78, "evidence_strength": 0, "published_display": "24 Aug 2026 13:16", "direction_included": false, "company_focus_label": "Shared story", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://m.investing.com/news/analyst-ratings/btig-initiates-reformation-stock-with-buy-on-growth-opportunities-93CH-4873091?ampMode=1", "tier": "direct", "title": "BTIG initiates Reformation stock with buy on growth opportunities", "topics": ["Retail Wholesale", "IPO", "Financial Markets", "Earnings", "Finance"], "summary": "BTIG initiated coverage on Reformation Inc (NYSE:REF) with a Buy rating and a $20.00 price target, citing the company's strong position as a sustainable womenswear brand and identifying growth opportunities in new stores, category expansion, and international markets. Despite recent stock volatility and trading near its 52-week low, BTIG forecasts mid-to-high-teens top-line growth and re-expanding margins, noting the company's impressive 62% gross profit margin and profitability. Other analysts like William Blair, RBC Capital, and Baird also hold optimistic outlooks, while Morgan Stanley issued a more moderate Equalweight rating.", "age_days": 0.9, "is_stale": false, "sentiment": "positive", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "publisher", "source_link": "https://m.investing.com/news/analyst-ratings/btig-initiates-reformation-stock-with-buy-on-growth-opportunities-93CH-4873091?ampMode=1", "source_name": "Investing.com", "published_at": "2026-08-24T11:16:16", "tone_signals": ["Analyst upgrade", "Buy Rating"], "company_focus": 1.0, "freshness_pct": 81.5, "sentiment_pct": 75, "evidence_basis": "archived_article", "evidence_share": 42.7, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.259144, "influence_label": "High", "event_confidence": 61, "company_focus_pct": 100, "evidence_strength": 67, "published_display": "24 Aug 2026 11:16", "direction_included": true, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "42.7"}, {"url": "https://news.google.com/rss/articles/CBMizAFBVV95cUxOb3dTY05TVHBJYk9IUXdjNVlIeWZyUkFoTWZaU0I1SHpCVU1XWW5mMkhzUEh0TXQxTk15WkR3OFEwalkwYWdZai12S2xUQ2EyalZmN0FVR1JrR2Vac1ZZUjdxZmhWZ1FwSjJvUXRsdXN4YTVVOXRocldRV2J2eHBqNWNwN2hrTXlieExyRldJRTRwb21rYk9Tb3VxMGpUdE5BeG5FZGQ0ZnJCVjQ0X21CdVpXX3dnSUJqSWdTZHhtTVNkSnRaWTlrblpuSno?oc=5", "tier": "direct", "title": "William Blair initiates Reformation stock with outperform rating", "topics": [], "summary": "", "age_days": 0.9, "is_stale": false, "sentiment": "positive", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "publisher", "source_link": "https://news.google.com/rss/articles/CBMizAFBVV95cUxOb3dTY05TVHBJYk9IUXdjNVlIeWZyUkFoTWZaU0I1SHpCVU1XWW5mMkhzUEh0TXQxTk15WkR3OFEwalkwYWdZai12S2xUQ2EyalZmN0FVR1JrR2Vac1ZZUjdxZmhWZ1FwSjJvUXRsdXN4YTVVOXRocldRV2J2eHBqNWNwN2hrTXlieExyRldJRTRwb21rYk9Tb3VxMGpUdE5BeG5FZGQ0ZnJCVjQ0X21CdVpXX3dnSUJqSWdTZHhtTVNkSnRaWTlrblpuSno?oc=5", "source_name": "Investing.com", "published_at": "2026-08-24T09:56:00+00:00", "tone_signals": ["Analyst upgrade"], "company_focus": 1.0, "freshness_pct": 80.5, "sentiment_pct": 69, "evidence_basis": "headline_only", "evidence_share": 26.9, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.16319, "influence_label": "High", "event_confidence": 85, "company_focus_pct": 100, "evidence_strength": 60, "published_display": "24 Aug 2026 09:56", "direction_included": true, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "26.9"}, {"url": "https://m.investing.com/news/analyst-ratings/morgan-stanley-initiates-reformation-stock-coverage-at-equalweight-93CH-4872831?ampMode=1", "tier": "direct", "title": "Morgan Stanley initiates Reformation stock coverage at Equalweight", "topics": ["IPO", "Financial Markets", "Retail Wholesale", "Finance"], "summary": "Morgan Stanley initiated coverage on Reformation Inc (NYSE:REF) with an Equalweight rating and a $16.00 price target, noting the company's eCommerce model, agile supply chain, and premium positioning should support growth. Despite these advantages, the firm highlighted fashion and competitive risks inherent in the apparel category. Other analysts, RBC Capital and Baird, have also initiated coverage with Outperform ratings and higher price targets, following the company's successful IPO.", "age_days": 1.0, "is_stale": false, "sentiment": "positive", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "publisher", "source_link": "https://m.investing.com/news/analyst-ratings/morgan-stanley-initiates-reformation-stock-coverage-at-equalweight-93CH-4872831?ampMode=1", "source_name": "Investing.com", "published_at": "2026-08-24T08:16:16", "tone_signals": ["Analyst upgrade"], "company_focus": 0.78, "freshness_pct": 79.2, "sentiment_pct": 56, "evidence_basis": "archived_article", "evidence_share": 16.5, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.099886, "influence_label": "Medium", "event_confidence": 61, "company_focus_pct": 78, "evidence_strength": 43, "published_display": "24 Aug 2026 08:16", "direction_included": true, "company_focus_label": "Shared story", "source_link_is_lookup": false, "evidence_share_display": "16.5"}, {"url": "https://es.benzinga.com/quote/REF/report", "tier": "direct", "title": "Reformation (REF) Stock Analysis Report | Financials & Insights", "topics": ["Earnings", "Finance", "Financial Markets", "Retail Wholesale"], "summary": "This report provides a financial analysis of Reformation (REF) stock, detailing its business operations, financial health, and performance metrics. It includes stock grading, peer comparisons, and key financial indicators such as operating margin, quick ratio, and debt-to-equity ratio. The company sells apparel and accessories primarily in the United States through various channels.", "age_days": 7.4, "is_stale": false, "sentiment": "neutral", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://es.benzinga.com/quote/REF/report", "source_name": "Benzinga Espa\u00f1a", "published_at": "2026-08-17T22:10:43", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 35.7, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 2, "evidence_weight": 0.03998, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 22:10", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-adde5987adcd.html", "tier": "direct", "title": "Reformation Inc. (REF) holder's stake tops 30M shares in filing", "topics": ["IPO", "Financial Markets"], "summary": "Refo SCSp has filed an initial statement of beneficial ownership for Reformation Inc. (REF) common stock, reporting direct holdings of 32,078,948 shares. P6 GP Sarl is identified as the general partner of Refo SCSp, and Permira VI LP1 is the controlling shareholder of P6 GP Sarl, with all related entities disclaiming beneficial ownership except for their pecuniary interest. This Form 3 filing indicates an existing ownership stake rather than recent trading activity.", "age_days": 7.6, "is_stale": false, "sentiment": "neutral", "event_type": "deals", "tier_label": "Direct company coverage", "event_label": "Deals and strategy", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-adde5987adcd.html", "source_name": "Stock Titan", "published_at": "2026-08-17T17:41:46", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 47.0, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.040638, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 17:41", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-9e58fef07d52.html", "tier": "direct", "title": "Reformation (REF) details 10,274-share RSU grant to director", "topics": ["Finance", "IPO"], "summary": "Reformation Inc. (REF) has reported that director Miller Steven Clive was granted 10,274 restricted stock units (RSUs) on June 1, 2026. These RSUs, representing a contingent right to receive one share of common stock per unit, are scheduled to vest on April 27, 2027. This information was disclosed in an initial statement of beneficial ownership (Form 3) filed with the SEC.", "age_days": 7.6, "is_stale": false, "sentiment": "neutral", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-9e58fef07d52.html", "source_name": "Stock Titan", "published_at": "2026-08-17T17:41:46", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 7.1, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.004453, "influence_label": "None", "event_confidence": 35, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 17:41", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-361a541222f2.html", "tier": "direct", "title": "Reformation (REF) director lists fully vested options stake", "topics": ["IPO", "Finance"], "summary": "Reformation Inc. director Allen Zipporah has reported an initial beneficial ownership of fully vested stock options for 110,528 shares of common stock. These options have an exercise price of $6.61 per share and expire on May 1, 2034. The Form 3 filing indicates a neutral impact and sentiment regarding this insider transaction, as it represents a holding rather than a new buy or sell.", "age_days": 7.6, "is_stale": false, "sentiment": "neutral", "event_type": "deals", "tier_label": "Direct company coverage", "event_label": "Deals and strategy", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-361a541222f2.html", "source_name": "Stock Titan", "published_at": "2026-08-17T17:11:34", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 46.9, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.040553, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 17:11", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.zacks.com/stock/research/REF/dividend-history?icid=SITE_SECTION-SUB_SECTION-quote_nav_tracking-zcom-left_subnav_quote_navbar-dividend_history", "tier": "direct", "title": "Reformation Inc. (REF)", "topics": ["Financial Markets", "Earnings"], "summary": "This Zacks.com page provides dividend history and other financial data for Reformation Inc. (REF). It indicates that REF currently has no future dividends declared and displays key data like annual dividend and payout ratio as N/A. The page also includes the company's Zacks Rank, Style Scores, and Industry Rank.", "age_days": 7.8, "is_stale": false, "sentiment": "neutral", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://www.zacks.com/stock/research/REF/dividend-history?icid=SITE_SECTION-SUB_SECTION-quote_nav_tracking-zcom-left_subnav_quote_navbar-dividend_history", "source_name": "Zacks Investment Research", "published_at": "2026-08-17T12:11:34", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 33.7, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.037739, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 12:11", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://news.google.com/rss/articles/CBMia0FVX3lxTFBaYWQ1ZndRcUczX3ZrOVgycGF6LTRhbV9lNjk2dGM0U041Q3VJbmpNV08xRTJvbTNtRE85NkRwTzEyb2Q2Y1Z5b1ZKZTVzUVJITk56WEMtbUZVb3FjX19uWjdybnRPNXB4eGMw?oc=5", "tier": "direct", "title": "All News for REF : Reformation Inc.", "topics": [], "summary": "", "age_days": 9.3, "is_stale": false, "sentiment": "neutral", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://news.google.com/rss/articles/CBMia0FVX3lxTFBaYWQ1ZndRcUczX3ZrOVgycGF6LTRhbV9lNjk2dGM0U041Q3VJbmpNV08xRTJvbTNtRE85NkRwTzEyb2Q2Y1Z5b1ZKZTVzUVJITk56WEMtbUZVb3FjX19uWjdybnRPNXB4eGMw?oc=5", "source_name": "Zacks Investment Research", "published_at": "2026-08-16T02:02:05+00:00", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 4.0, "sentiment_pct": 50, "evidence_basis": "headline_only", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.002511, "influence_label": "None", "event_confidence": 35, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "16 Aug 2026 02:02", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-bec441172cae.html", "tier": "direct", "title": "Reformation Inc. (REF) director Brigitte Kleine awarded 9,333 restricted stock units", "topics": ["IPO", "Finance"], "summary": "Reformation Inc. director Brigitte Kleine was granted 9,333 restricted stock units (RSUs) on July 29, 2026, as reported in a recent Form 4 filing. These RSUs were awarded at $0.00 per share and will fully vest on the first anniversary of the grant date, provided she continues her service. This transaction increases her direct holdings to 9,333 shares/RSUs.", "age_days": 10.8, "is_stale": false, "sentiment": "neutral", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-bec441172cae.html", "source_name": "Stock Titan", "published_at": "2026-08-14T12:11:34", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 2.3, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.001454, "influence_label": "None", "event_confidence": 35, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "14 Aug 2026 12:11", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-40ce5c63730d.html", "tier": "direct", "title": "Reformation Inc. (REF) COO gets stock, options and joins IPO synthetic secondary", "topics": ["IPO", "Finance"], "summary": "Reformation Inc.'s COO, Ivan Tchakarov, received significant equity awards on July 29, 2026, including common stock, RSUs, and stock options with a $15.00 exercise price. Shortly after, on July 31, 2026, he disposed of fully vested stock options back to the issuer as part of a synthetic secondary transaction related to the company's initial public offering. This activity highlights a mix of new compensation and the monetization of older options coinciding with the IPO.", "age_days": 11.0, "is_stale": false, "sentiment": "neutral", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-40ce5c63730d.html", "source_name": "Stock Titan", "published_at": "2026-08-14T08:45:58", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 2.2, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.001132, "influence_label": "None", "event_confidence": 35, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "14 Aug 2026 08:45", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://sg.finance.yahoo.com/quote/REF/analyst-insights", "tier": "direct", "title": "Reformation Inc. (REF) Analyst insights, Price targets and Recommendations", "topics": ["Financial Markets", "Retail Wholesale"], "summary": "The article focuses on Reformation Inc. (REF), providing its current stock price, recent performance, and basic market data. It highlights the stock's performance at market close and in after-hours trading, showing a positive movement. The content is primarily a data snapshot from a financial platform rather than a detailed analysis or report.", "age_days": 14.1, "is_stale": false, "sentiment": "neutral", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "aggregator", "source_link": "https://sg.finance.yahoo.com/quote/REF/analyst-insights", "source_name": "Market source", "published_at": "2026-08-11T05:46:14", "tone_signals": ["Positive financial language"], "company_focus": 1.0, "freshness_pct": 3.8, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.003037, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "11 Aug 2026 05:46", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.stocktitan.net/sec-filings/REF/effect-reformation-inc-sec-filing-c6e246d33ff0.html", "tier": "direct", "title": "Reformation Inc. SEC Filing (Jul 30, 2026)", "topics": ["IPO", "Financial Markets", "Retail Wholesale", "Finance"], "summary": "This article reports on an SEC filing by Reformation Inc. (NYSE: REF) regarding the effectiveness of their S-1 registration statement. The filing, dated July 30, 2026, announced the effectiveness of their S-1 on July 29, 2026, at 4:00 P.M., following previous announcements of their initial public offering. Reformation Inc. is a company in the Apparel Retail sector with a market cap of $952.90 million.", "age_days": 16.5, "is_stale": false, "sentiment": "neutral", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/effect-reformation-inc-sec-filing-c6e246d33ff0.html", "source_name": "Stock Titan", "published_at": "2026-08-08T20:40:39", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 0.3, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.000168, "influence_label": "None", "event_confidence": 35, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "08 Aug 2026 20:40", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-199e78bf0ade.html", "tier": "direct", "title": "Reformation Inc. (REF) director-linked trust sells 1.2M IPO shares at $13.95", "topics": ["IPO", "Financial Markets", "Finance", "Retail Wholesale"], "summary": "A trust linked to Reformation Inc. (REF) director and 10% owner Aflalo Yael sold 1,204,029 shares of common stock at $13.95 per share on July 29, 2026, as part of the company's initial public offering. Following this transaction, the Aflalo Family Trust indirectly holds 11,725,803 shares of Reformation Inc. common stock. The sale, detailed in an SEC Form 4 filing, was noted to have a \"Very Negative\" filing sentiment due to its impact on insider trading.", "age_days": 20.1, "is_stale": false, "sentiment": "negative", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-199e78bf0ade.html", "source_name": "Stock Titan", "published_at": "2026-08-05T05:46:14", "tone_signals": ["Institutional or insider selling"], "company_focus": 1.0, "freshness_pct": 0.1, "sentiment_pct": 38, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.000132, "influence_label": "Medium", "event_confidence": 35, "company_focus_pct": 100, "evidence_strength": 36, "published_display": "05 Aug 2026 05:46", "direction_included": true, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "<0.1"}, {"url": "https://www.tradingview.com/symbols/NYSE-REF/financials-income-statement/preferred-dividends", "tier": "direct", "title": "Preferred dividends of Reformation Inc. \u2013 NYSE:REF", "topics": ["Finance", "Financial Markets", "Earnings"], "summary": "This article briefly mentions the preferred dividends of Reformation Inc. (NYSE: REF). It appears to be a financial data snippet from TradingView, indicating that there are no current trades for the company and provides navigation to financial details.", "age_days": 23.0, "is_stale": false, "sentiment": "neutral", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://www.tradingview.com/symbols/NYSE-REF/financials-income-statement/preferred-dividends", "source_name": "TradingView", "published_at": "2026-08-02T09:40:39", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 4.2, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.003985, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "02 Aug 2026 09:40", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://finance.yahoo.com/markets/stocks/articles/reformation-ipo-debuts-nyse-15-171513539.html", "tier": "direct", "title": "Reformation IPO debuts on NYSE at $15 per share", "topics": ["Earnings", "IPO", "Initial Public Offering", "Net Income", "Retail"], "summary": "Reformation began trading on the New York Stock Exchange on Thursday under the ticker symbol REF, with its stock opening at $15 per share after pricing its initial public offering at $15 the night before. The offering covers 14,062,500 shares, putting the total raise at $210.9 million. Of those shares, 9,478,821 come directly from Reformation, while existing stockholders are selling the other 4,583,679. The closing of the offering is expected on July 31, the company said. J.P. Morgan and Morgan Stanley are acting as joint lead bookrunning managers, with Citigroup and RBC Capital Markets servin", "age_days": 25.6, "is_stale": false, "sentiment": "neutral", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "aggregator", "source_link": "https://finance.yahoo.com/markets/stocks/articles/reformation-ipo-debuts-nyse-15-171513539.html", "source_name": "finance.yahoo.com", "published_at": "2026-07-30T17:15:13+00:00", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 2.9, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 0.002518, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "30 Jul 2026 17:15", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://www.cnbc.com/2026/07/30/reformation-ipo-public-nyse-listing.html", "tier": "direct", "title": "Retailer Reformation closes flat in NYSE debut as CEO says company is 'ready to scale'", "topics": ["Economy Macro", "Finance", "Financial Markets", "IPO", "Retail Wholesale"], "summary": "Women's clothing retailer Reformation made its public debut on the New York Stock Exchange (NYSE) under the ticker symbol \"REF,\" with shares closing flat after being priced at $15. The company raised $210.9 million from its IPO and joins a small number of consumer and retail companies going public this year amidst an IPO slowdown. CEO Hali Borenstein stated that Reformation is ready to scale, citing 20 consecutive quarters of double-digit net revenue growth and plans for increased distribution, e-commerce acceleration, category diversification, and overseas expansion.", "age_days": 25.7, "is_stale": false, "sentiment": "neutral", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://www.cnbc.com/2026/07/30/reformation-ipo-public-nyse-listing.html", "source_name": "CNBC", "published_at": "2026-07-30T16:08:00", "tone_signals": ["Operating growth"], "company_focus": 1.0, "freshness_pct": 2.8, "sentiment_pct": 55, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 2, "evidence_weight": 0.005684, "influence_label": "None", "event_confidence": 53, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "30 Jul 2026 16:08", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}, {"url": "https://finance.yahoo.com/markets/stocks/articles/sexy-math-behind-reformations-big-190000643.html", "tier": "direct", "title": "The 'sexy math' behind Reformation's Big Short-style pitch to Wall Street on its $1 billion IPO", "topics": ["Fashion", "IPO", "Net Income", "Retail", "Technology"], "summary": "NOW PLAYING/YouTube Reformation is heading to Wall Street and it's not exactly giving investors the usual buttoned-up IPO pitch. The Los Angeles-based fashion brand filed to go public in June and plans to list on the New York Stock Exchange under the ticker symbol \"REF.\" Founded in 2009, Reformation has been majority-owned by private equity firm Permira since 2019. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 \u2014 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Socia", "age_days": 28.6, "is_stale": false, "sentiment": "neutral", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "aggregator", "source_link": "https://finance.yahoo.com/markets/stocks/articles/sexy-math-behind-reformations-big-190000643.html", "source_name": "finance.yahoo.com", "published_at": "2026-07-27T19:00:00+00:00", "tone_signals": [], "company_focus": 1.0, "freshness_pct": 0.0, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "evidence_weight": 3e-06, "influence_label": "None", "event_confidence": 35, "company_focus_pct": 100, "evidence_strength": 0, "published_display": "27 Jul 2026 19:00", "direction_included": false, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0"}], "by_tier": {"direct": [{"url": "https://www.marketbeat.com/instant-alerts/reformation-inc-nyseref-receives-consensus-rating-of-moderate-buy-from-analysts-2026-08-24", "tier": "direct", "title": "Reformation Inc. (NYSE:REF) Receives Consensus Rating of \"Moderate Buy\" from Analysts", "topics": ["Financial Markets"], "summary": "Reformation Inc. (NYSE:REF) has received a \"Moderate Buy\" consensus rating from analysts, with seven out of eight firms recommending a buy and one a hold. The average 12-month price target is $18.60, with recent coverage including buy ratings from Citigroup, William Blair, and BTIG Research, and an equal-weight rating from Morgan Stanley. Despite the positive analyst outlook, significant insider selling has occurred, with major shareholder Scsp Refo and director Yael Aflalo reducing their stakes by over 9% each.", "age_days": 0.8, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "positive", "story_key": "133b4b5f08f188c5f6ab7219ffdbdaa0c3311f445e03f94852e62976550115e2", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "publisher", "source_link": "https://www.marketbeat.com/instant-alerts/reformation-inc-nyseref-receives-consensus-rating-of-moderate-buy-from-analysts-2026-08-24", "source_name": "MarketBeat", "published_at": "2026-08-24T13:16:16", "source_names": ["MarketBeat"], "target_scope": "Reformation Inc. (NYSE:REF) Receives Consensus Rating of \"Moderate Buy\" from Analysts Reformation Inc. (NYSE:REF) has received a \"Moderate Buy\" consensus rating from analysts, with seven out of eight firms recommending a buy and one a hold.", "tone_signals": ["Buy Rating"], "company_focus": 0.78, "cross_listing": false, "entity_mapped": true, "freshness_pct": 83.1, "sentiment_pct": 58, "evidence_basis": "archived_article", "evidence_share": 13.9, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.084435, "influence_label": "Medium", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.555, "provider_symbols": ["C", "MS", "REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 78, "evidence_strength": 45, "published_display": "24 Aug 2026 13:16", "direction_included": true, "sentiment_conflict": 0.0, "company_focus_label": "Shared story", "source_link_is_lookup": false, "evidence_share_display": "13.9", "target_provider_symbol": "REF", "provider_directional_mass": 0.1038}, {"url": "https://seekingalpha.com/news/4636214-reformation-has-wall-streets-backing-but-investors-arent-sold-yet", "tier": "direct", "title": "Reformation has Wall Street's backing, but investors aren't sold yet (REF:NYSE)", "topics": ["Balance Sheet", "Earnings", "Economy Macro", "Financial Markets", "Growth", "IPO"], "summary": "Wall Street analysts are optimistic about Reformation (REF), citing its strong brand, customer base, and agile supply chain as drivers for significant growth in the apparel retail sector. Despite this backing, investors remain cautious due to the stock's stagnant performance since its IPO, concerns about market competition, and potential impacts of economic uncertainty on discretionary spending. Key growth drivers include new store openings, category expansion, and international market penetration, though these also present risks regarding productivity and consumer demand.", "age_days": 0.8, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage", "eodhd"], "sentiment": "neutral", "story_key": "67370fd5ef64e25df23ca72cc744e1a6df724f6c2a593ec9115ca99be57807a2", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://seekingalpha.com/news/4636214-reformation-has-wall-streets-backing-but-investors-arent-sold-yet", "source_name": "Seeking Alpha", "published_at": "2026-08-24T13:16:16", "source_names": ["Seeking Alpha", "seekingalpha.com"], "target_scope": "Reformation has Wall Street's backing, but investors aren't sold yet (REF:NYSE) Wall Street analysts are optimistic about Reformation (REF), citing its strong brand, customer base, and agile supply chain as drivers for significant growth in the apparel retail sector.", "tone_signals": ["Positive financial language"], "company_focus": 0.78, "cross_listing": false, "entity_mapped": true, "freshness_pct": 89.5, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 2, "durable_archive": false, "evidence_weight": 0.086436, "influence_label": "None", "provider_symbol": "REF.US", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.45, "provider_symbols": ["BIRK.US", "ONON.US", "REF", "REF.ARCHIVE", "REF.US"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 78, "evidence_strength": 0, "published_display": "24 Aug 2026 13:16", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Shared story", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.2078}, {"url": "https://m.investing.com/news/analyst-ratings/btig-initiates-reformation-stock-with-buy-on-growth-opportunities-93CH-4873091?ampMode=1", "tier": "direct", "title": "BTIG initiates Reformation stock with buy on growth opportunities", "topics": ["Retail Wholesale", "IPO", "Financial Markets", "Earnings", "Finance"], "summary": "BTIG initiated coverage on Reformation Inc (NYSE:REF) with a Buy rating and a $20.00 price target, citing the company's strong position as a sustainable womenswear brand and identifying growth opportunities in new stores, category expansion, and international markets. Despite recent stock volatility and trading near its 52-week low, BTIG forecasts mid-to-high-teens top-line growth and re-expanding margins, noting the company's impressive 62% gross profit margin and profitability. Other analysts like William Blair, RBC Capital, and Baird also hold optimistic outlooks, while Morgan Stanley issued a more moderate Equalweight rating.", "age_days": 0.9, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "positive", "story_key": "38e6618137b8ad2c7d9d5aea9bf8ad259433f097890ff3ae6bcd79f2850833ce", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "publisher", "source_link": "https://m.investing.com/news/analyst-ratings/btig-initiates-reformation-stock-with-buy-on-growth-opportunities-93CH-4873091?ampMode=1", "source_name": "Investing.com", "published_at": "2026-08-24T11:16:16", "source_names": ["Investing.com"], "target_scope": "BTIG initiates Reformation stock with buy on growth opportunities BTIG initiated coverage on Reformation Inc (NYSE:REF) with a Buy rating and a $20.00 price target, citing the company's strong position as a sustainable womenswear brand and identifying growth opportunities in new stores, category expansion, and international markets.", "tone_signals": ["Analyst upgrade", "Buy Rating"], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 81.5, "sentiment_pct": 75, "evidence_basis": "archived_article", "evidence_share": 42.7, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.259144, "influence_label": "High", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 61, "model_confidence": 0.693, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 67, "published_display": "24 Aug 2026 11:16", "direction_included": true, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "42.7", "target_provider_symbol": "REF", "provider_directional_mass": 0.5117}, {"url": "https://news.google.com/rss/articles/CBMizAFBVV95cUxOb3dTY05TVHBJYk9IUXdjNVlIeWZyUkFoTWZaU0I1SHpCVU1XWW5mMkhzUEh0TXQxTk15WkR3OFEwalkwYWdZai12S2xUQ2EyalZmN0FVR1JrR2Vac1ZZUjdxZmhWZ1FwSjJvUXRsdXN4YTVVOXRocldRV2J2eHBqNWNwN2hrTXlieExyRldJRTRwb21rYk9Tb3VxMGpUdE5BeG5FZGQ0ZnJCVjQ0X21CdVpXX3dnSUJqSWdTZHhtTVNkSnRaWTlrblpuSno?oc=5", "tier": "direct", "title": "William Blair initiates Reformation stock with outperform rating", "topics": [], "summary": "", "age_days": 0.9, "is_stale": false, "provider": "google_news", "providers": ["google_news"], "sentiment": "positive", "story_key": "09884242c1c0eb6af447157c607399f2e8b12c77ea3d9c45667b024838614502", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "publisher", "source_link": "https://news.google.com/rss/articles/CBMizAFBVV95cUxOb3dTY05TVHBJYk9IUXdjNVlIeWZyUkFoTWZaU0I1SHpCVU1XWW5mMkhzUEh0TXQxTk15WkR3OFEwalkwYWdZai12S2xUQ2EyalZmN0FVR1JrR2Vac1ZZUjdxZmhWZ1FwSjJvUXRsdXN4YTVVOXRocldRV2J2eHBqNWNwN2hrTXlieExyRldJRTRwb21rYk9Tb3VxMGpUdE5BeG5FZGQ0ZnJCVjQ0X21CdVpXX3dnSUJqSWdTZHhtTVNkSnRaWTlrblpuSno?oc=5", "source_name": "Investing.com", "published_at": "2026-08-24T09:56:00+00:00", "source_names": ["Investing.com"], "target_scope": "William Blair initiates Reformation stock with outperform rating", "tone_signals": ["Analyst upgrade"], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 80.5, "sentiment_pct": 69, "evidence_basis": "headline_only", "evidence_share": 26.9, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.16319, "influence_label": "High", "provider_symbol": "", "relevance_score": 0.78, "archive_provider": "", "event_confidence": 85, "model_confidence": 0.57, "provider_symbols": ["REF.ARCHIVE"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 60, "published_display": "24 Aug 2026 09:56", "direction_included": true, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "26.9", "target_provider_symbol": "REF.ARCHIVE", "provider_directional_mass": null}, {"url": "https://m.investing.com/news/analyst-ratings/morgan-stanley-initiates-reformation-stock-coverage-at-equalweight-93CH-4872831?ampMode=1", "tier": "direct", "title": "Morgan Stanley initiates Reformation stock coverage at Equalweight", "topics": ["IPO", "Financial Markets", "Retail Wholesale", "Finance"], "summary": "Morgan Stanley initiated coverage on Reformation Inc (NYSE:REF) with an Equalweight rating and a $16.00 price target, noting the company's eCommerce model, agile supply chain, and premium positioning should support growth. Despite these advantages, the firm highlighted fashion and competitive risks inherent in the apparel category. Other analysts, RBC Capital and Baird, have also initiated coverage with Outperform ratings and higher price targets, following the company's successful IPO.", "age_days": 1.0, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "positive", "story_key": "38bad4b366e154e995808d1d3a27aea5ddf6aebbbd33905635461b2370a6161f", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "publisher", "source_link": "https://m.investing.com/news/analyst-ratings/morgan-stanley-initiates-reformation-stock-coverage-at-equalweight-93CH-4872831?ampMode=1", "source_name": "Investing.com", "published_at": "2026-08-24T08:16:16", "source_names": ["Investing.com"], "target_scope": "Morgan Stanley initiates Reformation stock coverage at Equalweight Morgan Stanley initiated coverage on Reformation Inc (NYSE:REF) with an Equalweight rating and a $16.00 price target, noting the company's eCommerce model, agile supply chain, and premium positioning should support growth.", "tone_signals": ["Analyst upgrade"], "company_focus": 0.78, "cross_listing": false, "entity_mapped": true, "freshness_pct": 79.2, "sentiment_pct": 56, "evidence_basis": "archived_article", "evidence_share": 16.5, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.099886, "influence_label": "Medium", "provider_symbol": "", "relevance_score": 0.980002, "archive_provider": "", "event_confidence": 61, "model_confidence": 0.535, "provider_symbols": ["MS", "REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 78, "evidence_strength": 43, "published_display": "24 Aug 2026 08:16", "direction_included": true, "sentiment_conflict": 0.0, "company_focus_label": "Shared story", "source_link_is_lookup": false, "evidence_share_display": "16.5", "target_provider_symbol": "REF", "provider_directional_mass": 0.0985}, {"url": "https://es.benzinga.com/quote/REF/report", "tier": "direct", "title": "Reformation (REF) Stock Analysis Report | Financials & Insights", "topics": ["Earnings", "Finance", "Financial Markets", "Retail Wholesale"], "summary": "This report provides a financial analysis of Reformation (REF) stock, detailing its business operations, financial health, and performance metrics. It includes stock grading, peer comparisons, and key financial indicators such as operating margin, quick ratio, and debt-to-equity ratio. The company sells apparel and accessories primarily in the United States through various channels.", "age_days": 7.4, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "21adfb2dd17a00424a65a0d0b4cb6c995678fffb4529c4242e3b9dc336d11a12", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://es.benzinga.com/quote/REF/report", "source_name": "Benzinga Espa\u00f1a", "published_at": "2026-08-17T22:10:43", "source_names": ["Benzinga Espa\u00f1a"], "target_scope": "Reformation (REF) Stock Analysis Report | Financials & Insights This report provides a financial analysis of Reformation (REF) stock, detailing its business operations, financial health, and performance metrics.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 35.7, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 2, "durable_archive": false, "evidence_weight": 0.03998, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 22:10", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.0794}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-adde5987adcd.html", "tier": "direct", "title": "Reformation Inc. (REF) holder's stake tops 30M shares in filing", "topics": ["IPO", "Financial Markets"], "summary": "Refo SCSp has filed an initial statement of beneficial ownership for Reformation Inc. (REF) common stock, reporting direct holdings of 32,078,948 shares. P6 GP Sarl is identified as the general partner of Refo SCSp, and Permira VI LP1 is the controlling shareholder of P6 GP Sarl, with all related entities disclaiming beneficial ownership except for their pecuniary interest. This Form 3 filing indicates an existing ownership stake rather than recent trading activity.", "age_days": 7.6, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "4babf4cbfb2fb2fcab7b6d48c4eef4cdaffa020c4eb7afe668643a602ec60657", "event_type": "deals", "tier_label": "Direct company coverage", "event_label": "Deals and strategy", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-adde5987adcd.html", "source_name": "Stock Titan", "published_at": "2026-08-17T17:41:46", "source_names": ["Stock Titan"], "target_scope": "Reformation Inc. (REF) holder's stake tops 30M shares in filing Refo SCSp has filed an initial statement of beneficial ownership for Reformation Inc. (REF) common stock, reporting direct holdings of 32,078,948 shares.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 47.0, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.040638, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 17:41", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.0157}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-9e58fef07d52.html", "tier": "direct", "title": "Reformation (REF) details 10,274-share RSU grant to director", "topics": ["Finance", "IPO"], "summary": "Reformation Inc. (REF) has reported that director Miller Steven Clive was granted 10,274 restricted stock units (RSUs) on June 1, 2026. These RSUs, representing a contingent right to receive one share of common stock per unit, are scheduled to vest on April 27, 2027. This information was disclosed in an initial statement of beneficial ownership (Form 3) filed with the SEC.", "age_days": 7.6, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "6e1f6fc25e323d3790dda933a87aaf7f6ffa851e0b27fe0cfa0c1aad63b82ed4", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-9e58fef07d52.html", "source_name": "Stock Titan", "published_at": "2026-08-17T17:41:46", "source_names": ["Stock Titan"], "target_scope": "Reformation (REF) details 10,274-share RSU grant to director Reformation Inc. (REF) has reported that director Miller Steven Clive was granted 10,274 restricted stock units (RSUs) on June 1, 2026.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 7.1, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.004453, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 35, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 17:41", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.0498}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-361a541222f2.html", "tier": "direct", "title": "Reformation (REF) director lists fully vested options stake", "topics": ["IPO", "Finance"], "summary": "Reformation Inc. director Allen Zipporah has reported an initial beneficial ownership of fully vested stock options for 110,528 shares of common stock. These options have an exercise price of $6.61 per share and expire on May 1, 2034. The Form 3 filing indicates a neutral impact and sentiment regarding this insider transaction, as it represents a holding rather than a new buy or sell.", "age_days": 7.6, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "37575d1d5698fe4693da4b0eff1cf0a6002600a34437814e9c750bd67399a13c", "event_type": "deals", "tier_label": "Direct company coverage", "event_label": "Deals and strategy", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-3-reformation-inc-initial-statement-of-beneficial-ownership-361a541222f2.html", "source_name": "Stock Titan", "published_at": "2026-08-17T17:11:34", "source_names": ["Stock Titan"], "target_scope": "Reformation (REF) director lists fully vested options stake Reformation Inc.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 46.9, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.040553, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 17:11", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.0157}, {"url": "https://www.zacks.com/stock/research/REF/dividend-history?icid=SITE_SECTION-SUB_SECTION-quote_nav_tracking-zcom-left_subnav_quote_navbar-dividend_history", "tier": "direct", "title": "Reformation Inc. (REF)", "topics": ["Financial Markets", "Earnings"], "summary": "This Zacks.com page provides dividend history and other financial data for Reformation Inc. (REF). It indicates that REF currently has no future dividends declared and displays key data like annual dividend and payout ratio as N/A. The page also includes the company's Zacks Rank, Style Scores, and Industry Rank.", "age_days": 7.8, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "d293bef061644341cf1c93e56018e41ce0e9a179bec450debb22dc9f39381ae5", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://www.zacks.com/stock/research/REF/dividend-history?icid=SITE_SECTION-SUB_SECTION-quote_nav_tracking-zcom-left_subnav_quote_navbar-dividend_history", "source_name": "Zacks Investment Research", "published_at": "2026-08-17T12:11:34", "source_names": ["Zacks Investment Research"], "target_scope": "Reformation Inc. (REF) This Zacks.com page provides dividend history and other financial data for Reformation Inc. (REF).", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 33.7, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.037739, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "17 Aug 2026 12:11", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.1463}, {"url": "https://news.google.com/rss/articles/CBMia0FVX3lxTFBaYWQ1ZndRcUczX3ZrOVgycGF6LTRhbV9lNjk2dGM0U041Q3VJbmpNV08xRTJvbTNtRE85NkRwTzEyb2Q2Y1Z5b1ZKZTVzUVJITk56WEMtbUZVb3FjX19uWjdybnRPNXB4eGMw?oc=5", "tier": "direct", "title": "All News for REF : Reformation Inc.", "topics": [], "summary": "", "age_days": 9.3, "is_stale": false, "provider": "google_news", "providers": ["google_news"], "sentiment": "neutral", "story_key": "24c9147d93f9be4d07a6156d135f4d06a399167bfaefcd0cc983de4d7f8b0163", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://news.google.com/rss/articles/CBMia0FVX3lxTFBaYWQ1ZndRcUczX3ZrOVgycGF6LTRhbV9lNjk2dGM0U041Q3VJbmpNV08xRTJvbTNtRE85NkRwTzEyb2Q2Y1Z5b1ZKZTVzUVJITk56WEMtbUZVb3FjX19uWjdybnRPNXB4eGMw?oc=5", "source_name": "Zacks Investment Research", "published_at": "2026-08-16T02:02:05+00:00", "source_names": ["Zacks Investment Research"], "target_scope": "All News for REF : Reformation Inc.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 4.0, "sentiment_pct": 50, "evidence_basis": "headline_only", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.002511, "influence_label": "None", "provider_symbol": "", "relevance_score": 0.78, "archive_provider": "", "event_confidence": 35, "model_confidence": 0.4, "provider_symbols": ["REF.ARCHIVE"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "16 Aug 2026 02:02", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF.ARCHIVE", "provider_directional_mass": null}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-bec441172cae.html", "tier": "direct", "title": "Reformation Inc. (REF) director Brigitte Kleine awarded 9,333 restricted stock units", "topics": ["IPO", "Finance"], "summary": "Reformation Inc. director Brigitte Kleine was granted 9,333 restricted stock units (RSUs) on July 29, 2026, as reported in a recent Form 4 filing. These RSUs were awarded at $0.00 per share and will fully vest on the first anniversary of the grant date, provided she continues her service. This transaction increases her direct holdings to 9,333 shares/RSUs.", "age_days": 10.8, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "e03291366dfc4a6136fd52588f939eaa0442f039a66ffd1c86e451bffdd57599", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-bec441172cae.html", "source_name": "Stock Titan", "published_at": "2026-08-14T12:11:34", "source_names": ["Stock Titan"], "target_scope": "Reformation Inc. (REF) director Brigitte Kleine awarded 9,333 restricted stock units Reformation Inc.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 2.3, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.001454, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 35, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "14 Aug 2026 12:11", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.1473}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-40ce5c63730d.html", "tier": "direct", "title": "Reformation Inc. (REF) COO gets stock, options and joins IPO synthetic secondary", "topics": ["IPO", "Finance"], "summary": "Reformation Inc.'s COO, Ivan Tchakarov, received significant equity awards on July 29, 2026, including common stock, RSUs, and stock options with a $15.00 exercise price. Shortly after, on July 31, 2026, he disposed of fully vested stock options back to the issuer as part of a synthetic secondary transaction related to the company's initial public offering. This activity highlights a mix of new compensation and the monetization of older options coinciding with the IPO.", "age_days": 11.0, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "623f24262f96cada643d1ba0450ff8ca73c74b845512098027c208983f011c69", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-40ce5c63730d.html", "source_name": "Stock Titan", "published_at": "2026-08-14T08:45:58", "source_names": ["Stock Titan"], "target_scope": "Reformation Inc. (REF) COO gets stock, options and joins IPO synthetic secondary Reformation Inc.'s COO, Ivan Tchakarov, received significant equity awards on July 29, 2026, including common stock, RSUs, and stock options with a $15.00 exercise price.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 2.2, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.001132, "influence_label": "None", "provider_symbol": "", "relevance_score": 0.72, "archive_provider": "", "event_confidence": 35, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "14 Aug 2026 08:45", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.0431}, {"url": "https://sg.finance.yahoo.com/quote/REF/analyst-insights", "tier": "direct", "title": "Reformation Inc. (REF) Analyst insights, Price targets and Recommendations", "topics": ["Financial Markets", "Retail Wholesale"], "summary": "The article focuses on Reformation Inc. (REF), providing its current stock price, recent performance, and basic market data. It highlights the stock's performance at market close and in after-hours trading, showing a positive movement. The content is primarily a data snapshot from a financial platform rather than a detailed analysis or report.", "age_days": 14.1, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "96a5d7a8c4c4f2aab450abc2f2334f278d12ca40127caf78890abfdc110b6867", "event_type": "analyst", "tier_label": "Direct company coverage", "event_label": "Analyst action", "source_kind": "aggregator", "source_link": "https://sg.finance.yahoo.com/quote/REF/analyst-insights", "source_name": "Market source", "published_at": "2026-08-11T05:46:14", "source_names": ["Market source"], "target_scope": "Reformation Inc. (REF) Analyst insights, Price targets and Recommendations The article focuses on Reformation Inc. (REF), providing its current stock price, recent performance, and basic market data.", "tone_signals": ["Positive financial language"], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 3.8, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.003037, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.45, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "11 Aug 2026 05:46", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.2241}, {"url": "https://www.stocktitan.net/sec-filings/REF/effect-reformation-inc-sec-filing-c6e246d33ff0.html", "tier": "direct", "title": "Reformation Inc. SEC Filing (Jul 30, 2026)", "topics": ["IPO", "Financial Markets", "Retail Wholesale", "Finance"], "summary": "This article reports on an SEC filing by Reformation Inc. (NYSE: REF) regarding the effectiveness of their S-1 registration statement. The filing, dated July 30, 2026, announced the effectiveness of their S-1 on July 29, 2026, at 4:00 P.M., following previous announcements of their initial public offering. Reformation Inc. is a company in the Apparel Retail sector with a market cap of $952.90 million.", "age_days": 16.5, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "a58f6aa15124cc5cda79589e19aa4ab306320704b77c7f2cda229eed73e958a9", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/effect-reformation-inc-sec-filing-c6e246d33ff0.html", "source_name": "Stock Titan", "published_at": "2026-08-08T20:40:39", "source_names": ["Stock Titan"], "target_scope": "Reformation Inc. This article reports on an SEC filing by Reformation Inc. (NYSE: REF) regarding the effectiveness of their S-1 registration statement. Reformation Inc.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 0.3, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.000168, "influence_label": "None", "provider_symbol": "", "relevance_score": 0.72, "archive_provider": "", "event_confidence": 35, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "08 Aug 2026 20:40", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.0036}, {"url": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-199e78bf0ade.html", "tier": "direct", "title": "Reformation Inc. (REF) director-linked trust sells 1.2M IPO shares at $13.95", "topics": ["IPO", "Financial Markets", "Finance", "Retail Wholesale"], "summary": "A trust linked to Reformation Inc. (REF) director and 10% owner Aflalo Yael sold 1,204,029 shares of common stock at $13.95 per share on July 29, 2026, as part of the company's initial public offering. Following this transaction, the Aflalo Family Trust indirectly holds 11,725,803 shares of Reformation Inc. common stock. The sale, detailed in an SEC Form 4 filing, was noted to have a \"Very Negative\" filing sentiment due to its impact on insider trading.", "age_days": 20.1, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "negative", "story_key": "0026f08427bfb12f8f1b3468772fabf54955c5c4cb8d6ee1b505501a7c6f2a38", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "publisher", "source_link": "https://www.stocktitan.net/sec-filings/REF/form-4-reformation-inc-insider-trading-activity-199e78bf0ade.html", "source_name": "Stock Titan", "published_at": "2026-08-05T05:46:14", "source_names": ["Stock Titan"], "target_scope": "Reformation Inc. (REF) director-linked trust sells 1.2M IPO shares at $13.95 A trust linked to Reformation Inc. (REF) director and 10% owner Aflalo Yael sold 1,204,029 shares of common stock at $13.95 per share on July 29, 2026, as part of the company's initial public offering. Following this transaction, the Aflalo Family Trust indirectly holds 11,725,803 shares of Reformation Inc.", "tone_signals": ["Institutional or insider selling"], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 0.1, "sentiment_pct": 38, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.000132, "influence_label": "Medium", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 35, "model_confidence": 0.655, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 36, "published_display": "05 Aug 2026 05:46", "direction_included": true, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "<0.1", "target_provider_symbol": "REF", "provider_directional_mass": 0.4303}, {"url": "https://www.tradingview.com/symbols/NYSE-REF/financials-income-statement/preferred-dividends", "tier": "direct", "title": "Preferred dividends of Reformation Inc. \u2013 NYSE:REF", "topics": ["Finance", "Financial Markets", "Earnings"], "summary": "This article briefly mentions the preferred dividends of Reformation Inc. (NYSE: REF). It appears to be a financial data snippet from TradingView, indicating that there are no current trades for the company and provides navigation to financial details.", "age_days": 23.0, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "fdc09c4655e14bac54e935219172fc0d710d337d1ef223e7c804c9b09e132e14", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://www.tradingview.com/symbols/NYSE-REF/financials-income-statement/preferred-dividends", "source_name": "TradingView", "published_at": "2026-08-02T09:40:39", "source_names": ["TradingView"], "target_scope": "Preferred dividends of Reformation Inc. \u2013 NYSE:REF This article briefly mentions the preferred dividends of Reformation Inc. (NYSE: REF).", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 4.2, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.003985, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.4, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "02 Aug 2026 09:40", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.0193}, {"url": "https://finance.yahoo.com/markets/stocks/articles/reformation-ipo-debuts-nyse-15-171513539.html", "tier": "direct", "title": "Reformation IPO debuts on NYSE at $15 per share", "topics": ["Earnings", "IPO", "Initial Public Offering", "Net Income", "Retail"], "summary": "Reformation began trading on the New York Stock Exchange on Thursday under the ticker symbol REF, with its stock opening at $15 per share after pricing its initial public offering at $15 the night before. The offering covers 14,062,500 shares, putting the total raise at $210.9 million. Of those shares, 9,478,821 come directly from Reformation, while existing stockholders are selling the other 4,583,679. The closing of the offering is expected on July 31, the company said. J.P. Morgan and Morgan Stanley are acting as joint lead bookrunning managers, with Citigroup and RBC Capital Markets servin", "age_days": 25.6, "is_stale": false, "provider": "eodhd", "providers": ["eodhd"], "sentiment": "neutral", "story_key": "2f1573429f988dce30fae8ed6fb8bde11524c34eb944c4a8c85dd5b7dc81e5c6", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "aggregator", "source_link": "https://finance.yahoo.com/markets/stocks/articles/reformation-ipo-debuts-nyse-15-171513539.html", "source_name": "finance.yahoo.com", "published_at": "2026-07-30T17:15:13+00:00", "source_names": ["finance.yahoo.com"], "target_scope": "Reformation IPO debuts on NYSE at $15 per share Reformation began trading on the New York Stock Exchange on Thursday under the ticker symbol REF, with its stock opening at $15 per share after pricing its initial public offering at $15 the night before. Of those shares, 9,478,821 come directly from Reformation, while existing stockholders are selling the other 4,583,679.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 2.9, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 0.002518, "influence_label": "None", "provider_symbol": "REF.US", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.4, "provider_symbols": ["REF.ARCHIVE", "REF.US"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "30 Jul 2026 17:15", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF.US", "provider_directional_mass": 0.044}, {"url": "https://www.cnbc.com/2026/07/30/reformation-ipo-public-nyse-listing.html", "tier": "direct", "title": "Retailer Reformation closes flat in NYSE debut as CEO says company is 'ready to scale'", "topics": ["Economy Macro", "Finance", "Financial Markets", "IPO", "Retail Wholesale"], "summary": "Women's clothing retailer Reformation made its public debut on the New York Stock Exchange (NYSE) under the ticker symbol \"REF,\" with shares closing flat after being priced at $15. The company raised $210.9 million from its IPO and joins a small number of consumer and retail companies going public this year amidst an IPO slowdown. CEO Hali Borenstein stated that Reformation is ready to scale, citing 20 consecutive quarters of double-digit net revenue growth and plans for increased distribution, e-commerce acceleration, category diversification, and overseas expansion.", "age_days": 25.7, "is_stale": false, "provider": "alphavantage", "providers": ["alphavantage"], "sentiment": "neutral", "story_key": "739ab695a5b3a7edf3b081336575a3a6b71c4ae33532891477fb753add5f0a6b", "event_type": "earnings", "tier_label": "Direct company coverage", "event_label": "Earnings", "source_kind": "publisher", "source_link": "https://www.cnbc.com/2026/07/30/reformation-ipo-public-nyse-listing.html", "source_name": "CNBC", "published_at": "2026-07-30T16:08:00", "source_names": ["CNBC"], "target_scope": "Retailer Reformation closes flat in NYSE debut as CEO says company is 'ready to scale' Women's clothing retailer Reformation made its public debut on the New York Stock Exchange (NYSE) under the ticker symbol \"REF,\" with shares closing flat after being priced at $15. CEO Hali Borenstein stated that Reformation is ready to scale, citing 20 consecutive quarters of double-digit net revenue growth and plans for increased distribution, e-commerce acceleration, category diversification, and overseas expansion.", "tone_signals": ["Operating growth"], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 2.8, "sentiment_pct": 55, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 2, "durable_archive": false, "evidence_weight": 0.005684, "influence_label": "None", "provider_symbol": "", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 53, "model_confidence": 0.532, "provider_symbols": ["REF"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "30 Jul 2026 16:08", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF", "provider_directional_mass": 0.1187}, {"url": "https://finance.yahoo.com/markets/stocks/articles/sexy-math-behind-reformations-big-190000643.html", "tier": "direct", "title": "The 'sexy math' behind Reformation's Big Short-style pitch to Wall Street on its $1 billion IPO", "topics": ["Fashion", "IPO", "Net Income", "Retail", "Technology"], "summary": "NOW PLAYING/YouTube Reformation is heading to Wall Street and it's not exactly giving investors the usual buttoned-up IPO pitch. The Los Angeles-based fashion brand filed to go public in June and plans to list on the New York Stock Exchange under the ticker symbol \"REF.\" Founded in 2009, Reformation has been majority-owned by private equity firm Permira since 2019. Must Read Jeff Bezos backs a platform that lets anyone invest in rental homes for as little as $100 \u2014 6 ways to build wealth like a landlord without actually being one Dave Ramsey warns nearly 50% of Americans are making 1 big Socia", "age_days": 28.6, "is_stale": false, "provider": "eodhd", "providers": ["eodhd"], "sentiment": "neutral", "story_key": "91aa2820f9cc122fecf80349e47543b9edeec7ef79fe797e69c6c53653f5dc76", "event_type": "general", "tier_label": "Direct company coverage", "event_label": "Market update", "source_kind": "aggregator", "source_link": "https://finance.yahoo.com/markets/stocks/articles/sexy-math-behind-reformations-big-190000643.html", "source_name": "finance.yahoo.com", "published_at": "2026-07-27T19:00:00+00:00", "source_names": ["finance.yahoo.com"], "target_scope": "The 'sexy math' behind Reformation's Big Short-style pitch to Wall Street on its $1 billion IPO NOW PLAYING/YouTube Reformation is heading to Wall Street and it's not exactly giving investors the usual buttoned-up IPO pitch. The Los Angeles-based fashion brand filed to go public in June and plans to list on the New York Stock Exchange under the ticker symbol \"REF.\" Founded in 2009, Reformation has been majority-owned by private equity firm Permira since 2019.", "tone_signals": [], "company_focus": 1.0, "cross_listing": false, "entity_mapped": true, "freshness_pct": 0.0, "sentiment_pct": 50, "evidence_basis": "archived_article", "evidence_share": 0.0, "score_included": true, "duplicate_count": 1, "durable_archive": false, "evidence_weight": 3e-06, "influence_label": "None", "provider_symbol": "REF.US", "relevance_score": 1.0, "archive_provider": "", "event_confidence": 35, "model_confidence": 0.4, "provider_symbols": ["REF.ARCHIVE", "REF.US"], "sentiment_origin": "stored_reclassified", "company_focus_pct": 100, "evidence_strength": 0, "published_display": "27 Jul 2026 19:00", "direction_included": false, "sentiment_conflict": 0.0, "company_focus_label": "Main company", "source_link_is_lookup": false, "evidence_share_display": "0", "target_provider_symbol": "REF.US", "provider_directional_mass": 0.178}], "industry": [], "sector": []}, "detail_intelligence": {"headline": "Early balanced news score", "summary": "20 company-specific stories are available, but there are not yet enough fresh stories from separate publishers for a firm reading.", "status": "provisional", "metrics": [{"label": "News score", "value": 57, "display": "57", "tone": "neutral", "note": "Early balanced news score"}, {"label": "Confidence", "value": 38, "display": "38", "tone": "neutral", "note": "thin evidence"}, {"label": "Company news", "value": 93, "display": "93%", "tone": "positive", "note": "20 company stories"}, {"label": "Story agreement", "value": 92, "display": "92", "tone": "positive", "note": "8/100 difference"}], "confidence_drivers": [{"label": "Amount of evidence", "value": 12, "note": "0.607 after freshness weighting"}, {"label": "Source breadth", "value": 60, "note": "3 independent publishers"}, {"label": "Company relevance", "value": 93, "note": "share tied directly to this company"}, {"label": "Freshness", "value": 72, "note": "recency-weighted evidence"}, {"label": "Agreement", "value": 92, "note": "how closely stories agree"}, {"label": "Publisher mix", "value": 24, "note": "less reliance on one publisher"}], "freshness": 72, "source_independence": 24, "timeline": [{"date": "2026-07-27", "label": "27 Jul", "count": 1, "score": 50, "tone": "neutral", "x": 42.0, "y": 135.0, "volume_height": 10.4, "volume_y": 255.6}, {"date": "2026-07-28", "label": "28 Jul", "count": 0, "score": null, "tone": "neutral", "x": 73.6, "y": 135.0, "volume_height": 0.0, "volume_y": 266.0}, {"date": "2026-07-29", "label": "29 Jul", "count": 0, "score": null, "tone": "neutral", "x": 105.2, "y": 135.0, "volume_height": 0.0, "volume_y": 266.0}, {"date": "2026-07-30", "label": "30 Jul", "count": 2, "score": 53, "tone": "neutral", "x": 136.8, "y": 129.5, "volume_height": 20.8, "volume_y": 245.2}, {"date": "2026-07-31", "label": "31 Jul", "count": 0, "score": null, "tone": "neutral", "x": 168.3, "y": 135.0, "volume_height": 0.0, "volume_y": 266.0}, {"date": "2026-08-01", "label": "01 Aug", "count": 0, "score": null, "tone": "neutral", "x": 199.9, "y": 135.0, "volume_height": 0.0, "volume_y": 266.0}, {"date": "2026-08-02", "label": "02 Aug", "count": 1, "score": 50, "tone": "neutral", "x": 231.5, "y": 135.0, "volume_height": 10.4, "volume_y": 255.6}, {"date": "2026-08-03", "label": "03 Aug", "count": 0, "score": null, "tone": "neutral", "x": 263.1, "y": 135.0, "volume_height": 0.0, "volume_y": 266.0}, {"date": "2026-08-04", "label": "04 Aug", "count": 0, "score": null, "tone": "neutral", "x": 294.7, "y": 135.0, "volume_height": 0.0, "volume_y": 266.0}, {"date": "2026-08-05", "label": "05 Aug", "count": 1, "score": 38, "tone": "negative", "x": 326.3, "y": 156.8, "volume_height": 10.4, "volume_y": 255.6}, {"date": "2026-08-06", "label": "06 Aug", "count": 0, "score": null, "tone": 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