The audit log · signal #1412
RAPP insider buy · signal #1412
Director John Maraganore bought $249k of Rapport Therapeutics, Inc. (RAPP), filed Oct 22, 2026, 16:56 New York time.
Logged in advance Logged Oct 22, 2026, 20:57 UTC, before its result could be known.
Results
| After | Price move | After costs | S&P 500 | Against it |
|---|---|---|---|---|
| 1 day | −2.3% | −2.4% | +0.7% | −3.1% |
| 1 week | −3.4% | −3.5% | −0.6% | −2.9% |
| 1 month | – | – | – | – |
Costs: 10 basis points for buying and selling (0.10%), taken off every result. The benchmark is S&P 500 (SPY), measured from the same entry close to the same later closes. Bad calls stay in the record like every other, and a result that can't be measured counts against the Truth Scores as a miss.
The record
Each entry was written to InsiderBeacon's audit log when it happened; the prices in it are sealed, a commitment standing in for them wherever the log is passed on, and shown here with the salt that opens the seal. Every check below passes.
- #5662 · PublishedOct 22, 2026, 20:57 UTC
Insider buy of RAPP, $249k, score 56. Costs counted: 10.0 bps a round trip.
5a13df4dc272682e15fc782f1fd3ea8e4b186874c6c8d4e7bb7089b202bccab5✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-22 - #6352 · EntryOct 24, 2026, 06:06 UTC
Entry price $25.93; benchmark the S&P 500 (SPY) at $759.97, the close of Oct 23, 2026.
320116fccc02c9d89d1ca5c7d8a457aa8647244413329889a1aa9f0516b9f663✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-24 · ✓ sealed prices match their commitmentSealed: cb22a202cb1e1a246df173882a924d7564dea97eaa57e2cd75aec347f2c9ada7 · salt 53bb4511f16c82f3498ac27b41bc4a6a · values {"bpx":759.97,"px":25.93} - #7624 · ResultOct 27, 2026, 07:02 UTC
1 day: price −2.3%, after costs −2.4%; benchmark +0.7%, so −3.1% against it
48497a898cd3190b91a11216392c54b1f92eec9b50b06fe7aa2364bd1e54e9eb✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-27 · ✓ sealed prices match their commitmentSealed: fef8fdb49f891cc2ac51d844c92740d5d1b8d53fe7006167976b7814892315a1 · salt dc5db0b14f3b2857417956c373b7eb3f · values {"bench":0.00710554,"excess":-0.03124476,"gross":-0.02313922,"net":-0.02413922} - #11785 · ResultOct 31, 2026, 03:08 UTC
1 week: price −3.4%, after costs −3.5%; benchmark −0.6%, so −2.9% against it
b3366ca3ddaac117e7cd17ad8cddf5c075db09e9b98d7269b2f0706eaf9871ac✓ matches its hash · ✓ follows the entry before it · ✓ in the checkpoint for 2026-10-31 · ✓ sealed prices match their commitmentSealed: 708f7a7dfcf25bf7416e81ab8c50f64bb0a26e3fe946475b504bc7676c3190de · salt 3b5596fdd0ac9a1de4520a8f1eccd399 · values {"bench":-0.00559233,"excess":-0.0293452,"gross":-0.03393752,"net":-0.03493752}
Checkpoints: Oct 22, 2026, digest 7eb0b5f294a6f368a862315b2e6e2068bf04c28c3cc8806a17af1c1ae452697c; Oct 24, 2026, digest 34598f82fccd3feaa91beaa0cad2a239a730ff5a72f2c20fef5a483dc201686f; Oct 27, 2026, digest eef2d35eb3226f2ab49990afb7e69217a1aa62f26101c6af4b8a0d39b8faf71f; Oct 31, 2026, digest 4ba62b3c25597fb0eab138c5023d556611e3586e88fc25c40fa70d15530b2395.
What this proves
That each entry matches its hash and follows the entry logged right before it, and, once its day is over, that it's part of that day's checkpoint, whose digest fixes everything logged up to then. It doesn't prove on its own that the whole log was never rewritten: only a copy of a checkpoint kept outside this site can. No copy is kept outside this site yet, so these checks show the log is consistent, not that it was never rewritten.
Check it yourself
Download these entries with their proofs: /s/1412.json. The audit log page has a short script that checks every hash, every link and every checkpoint, and explains each step.
Source: the SEC filing. Past results don't predict future ones, and nothing here is investment advice.