Median gap between trading and disclosing: 26 days.
Every trade below was public knowledge only after that delay, which is why none of it is a signal.
What the 26-day lag looks like — CHRD, latest disclosed trade
The blue dot is the day Michael Patrick Guest sold it; the amber dot is
the day it hit the public record, 26 days later. CHRD moved 9.8%
between the trade and its disclosure — a move nobody watching this feed could have caught.