About Paydirt

What Paydirt is

Paydirt republishes trades disclosed by members of Congress and by corporate insiders, drawn from the public record: congressional filings from the House Clerk and the Senate eFD system, and insider filings from SEC EDGAR. Filings appear as filed. Each trade shows both its execution date and its filing date, so the gap between the trade and its disclosure is always visible.

The unit is a person. Every filing routes to the profile of the member or the insider who made it, and the leaderboard ranks filers, not filings. Ticker pages gather the filings in one name; the feed lists them newest first; Congress and tickers are the two indexes.

What Paydirt is not

Paydirt is arithmetic on curated filings: nothing here is placed for you and nothing is a recommendation. It is not a broker, not an adviser, and not an account of any kind. The returns on these pages describe an index of disclosed trades measured after each filing was public, not a tradeable account, and past returns are a record of filings already made, not a forecast. The binding version of this is section 2 of the terms.

What is computed, and how it is labeled

Two rules hold on every page. Both dates are shown on every filing. And every computed figure is labeled derived: a congressional bracket is shown next to the midpoint Paydirt uses for arithmetic, a return is shown with the count of filings behind it, and a delay-adjusted return sits beside the median delay that explains it.

The computed figures are the filing delay, the return on a filing, the delay-adjusted return, the Impact on $10,000 curve, and the ticker price charts. How each one is measured is in the returns guide and, in binding form, in section 3 of the terms.

Where the filings come from

Members of Congress file periodic transaction reports under the STOCK Act with the House Clerk and the Senate; Paydirt reads both. Officers, directors and ten percent owners of public companies file Form 4 with the SEC; Paydirt reads EDGAR. Both feeds are read through the day and the site refreshes every fifteen minutes; returns and delays are measured in a nightly build. Filers amend, file late, and make mistakes, and those flow through as filed. Every row links to the original document at its source, and the filings that missed their deadline are gathered on the late disclosures page.

Two short guides explain the two kinds of filing: what a Form 4 is and how STOCK Act disclosure works.

Who runs it

Paydirt is an independent service operated by its owner under the trading name Paydirt. Reading it needs no account; a free account adds a watchlist. Questions, corrections and requests go to hello@paydirt.news. The terms and the privacy page say the rest.