THE REFS BET
The refs bet. We keep score.

10th Inning

Transactions dated inside a federal funding lapse — when much of the government is closed but members retain committee knowledge, agency contacts, and advance awareness of how the standoff will resolve.

This is a date-window report: it lists disclosed transactions that fall inside officially documented periods, nothing more. Trading during these windows is legal, and appearing here is not an allegation. The windows and their sources are listed below; every transaction links to the filing it came from.

The windows 6 periods

PeriodFromToSource
Funding lapse — Feb–Apr 2026 (limited to the Department of Homeland Security) 2026-02-14 2026-04-30
Shutdown — Jan–Feb 2026 (partial: about half of departments, 4 days) 2026-01-31 2026-02-03
Shutdown — Oct–Nov 2025 (government-wide, 43 days) 2025-10-01 2025-11-12
Shutdown — Dec 2018–Jan 2019 (partial: 7 of 12 appropriations bills, 35 days) 2018-12-22 2019-01-25
Shutdown — Feb 2018 (government-wide, hours) 2018-02-09 2018-02-09
Shutdown — Jan 2018 (government-wide, 3 days) 2018-01-20 2018-01-22

3,422 transactions in these windows.

DateMemberTickerAssetAction Amount (as filed)OwnerWindowFiling
2026-03-30 Alan Armstrong R-OK Associated British Foods plc ADR (ASBFY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK ALPMY Astellas Pharma Inc ADR (ALPMY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK AZN AstraZeneca PLC Ordinary Shares buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK ASXFY ASX Ltd ADR (ASXFY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK ATLKY Atlas Copco AB New Shares Representing Series A Common Stock (Sponsored) (ATLKY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Atlas Copco AB New Series B Sponsored ADR (ATLCY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK AVVIY Aviva plc ADR (AVVIY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Avolta AG ADR (DUFRY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK AXAHY AXA ADR (AXAHY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BAESY BAE Systems plc Sponsored ADR (BAESY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BBVA Banco Bilbao Vizcaya Argentaria S.A. Common Stock buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SAN Banco Santander, S.A. Sponsored ADR (Spain) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NCBDY Bandai Namco Holdings Inc ADR (NCBDY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Bankinter SA Sponsored ADR (BKNIY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BCS Barclays plc ADR (BCS) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Barratt Redrow plc ADR (BTDPY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Barry Callebaut AG Unsponsored ADR (BRRLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BASFY BASF SE Sponsored ADR (BASFY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BAYRY Bayer AG Sponsored ADR (BAYRY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Bayerische Motors Werke AG ADR (BMWKY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BHP BHP Group Limited (BHP) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BNPQY BNP Paribas SA ADR (BNPQY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BHKLY Boc Hong Kong Holdings Ltd Sponsored ADR (BHKLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BDNNY Boliden AB AR (BDNNY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Bouygues SA ADR (BOUYY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BXBLY Brambles Ltd Sponsored ADR (BXBLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BNTGY Brenntag Se Unsponsored ADR (BNTGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BRDCY Bridgestone Corporation Ltd ADR Japan (BRDCY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BTI British American Tobacco Industries, p.l.c. Common Stock ADR buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BZLFY Bunzl plc New Sponsored ADR (BZLFY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK BVVBY Bureau Veritas SA Unsponsored ADR (BVVBY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Caixabank Unsponsored ADR (CAIXY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CAJPY Canon Inc ADR Japan Sponsored (CAJPY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CCOEY Capcom Co Ltd Unsponsored ADR (CCOEY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CGEMY Capgemini SE Unsponsored (CGEMY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CABGY Carlsberg AS Sponsored ADR (CABGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CRRFY Carrefour SA Sponsored ADR (CRRFY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CLLNY Cellnex Telecom SAU Unsponsored ADR (CLLNY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CJPRY Central Japan RAI ADR (CJPRY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CHKP Check Point Software Technologies Ltd. - Ordinary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CHGCY Chugai Pharmaceutical Ltd DDR (CHGCY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CIEN Ciena Corporation Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CK Hutchison Holdings Ltd Unsponsored ADR (CKHUY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CCEP Coca-Cola Europacific Partners plc - Ordinary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Coca-Cola HBC AG ADR (CCHGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CHEOY Cochlear Ltd ADR (CHEOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CLPBY Coloplast AS Sponsored ADR (CLPBY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CRZBY Commerzbank AG Sponsored ADR (CRZBY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CODYY Compagnie de Saint-Gobain ADR (CODYY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CFRUY Compagnie Financiere Richemont AG ADR (CFRUY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Compass Group plc Sponsored ADR (CMPGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CMSQY Computershare Ltd Sponsored ADR (CMSQY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CMWAY Commonwealth Bank Australia Sponsored ADR (CMWAY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CRARY Credit Agricole SA ADR (CRARY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK CSLLY CSL Ltd Sponsored ADR (CSLLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DLICY Daiichi Life Holdings Inc Unsponsored ADR (DLICY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DFKCY Daifuku Co Ltd ADR (DFKCY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DSNKY Daiichi Sankyo Co Ltd Sponsored ADR (DSNKY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DKILY Daikin Industries Ltd ADR (DKILY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DTRUY Daimler Truck Holding AG Sponsored ADR (DTRUY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DIFTY Daito Trust Construction Sponsored ADR (DIFTY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DWAHY Daiwa House Industries Ltd ADR Japan (DWAHY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DANOY Danone Sponsored ADR (DANOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Danske Bank A/S Sponsored ADR (DNKEY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DASTY Dassault Systems SA Sponsored ADR (DASTY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DBSDY DBS Group Holdings Ltd Sponsored ADR (DBSDY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DNZOY Denso Corporation ADR (DNZOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DB Deutsche Bank AG Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DBOEY Deutsche Boerse ADR (DBOEY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DLAKY Deutsche Lufthansa AG Sponsored ADR (DLAKY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DHLGY Deutsche Post AG Sponsored ADR (DHLGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DTEGY Deutsche Telekom AG DE Sponsored ADR (DTEGY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DEO Diageo plc Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DSCSY Disco Corporation Unsponsored ADR (DSCSY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DNBBY DNB BK ASA Sponsored ADR (DNBBY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DRPRY Dr. Ing. h.c. F. Porsche AG Unsponsored ADR (DRPRY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DSM Firmenich AG Sponsored ADR (DSFIY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DSDVY DSV A/S ADR (DSDVY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Ebara Corporation ADR (EBCOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Eisai Co Ltd ADR (ESAIY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK ESLT Elbit Systems Ltd. - Ordinary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK EA Electronic Arts Inc. - Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Epiroc Aktiebolag Class A Sponsored ADR (EPOAY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK ERIC Ericsson - ADR (ERIC) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK EBKDY Erste Group Bank AG Sponsored ADR (EBKDY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK ESLOY Essilorluxottica ADR (ESLOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK EVVTY Evolution AB Unsponsored ADR (EVVTY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Experian plc Sponsored ADR (EXPGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK FANUY Fanuc Corporation ADR (FANUY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK FRCOY Fast Retailing Co Ltd ADR (FRCOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RACE Ferrari N.V. Common Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK FSUGY Fortescue Metals Group Ltd Sponsored ADR (FSUGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK FMS Fresenius Medical Care AG (FMS) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK FSNUY Fresenius SE & Company Sponsored ADR (FSNUY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK FUJIY Fuji Film Holding Corporation ADR (FUJIY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK FJTSY Fujitsu Ltd ADR New Japan (FJTSY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Galderma Group AG Sponsored ADR (GALDY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK GBERY Geberit AG ADR (GBERY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK GMAB Genmab A/S - American Depositary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK GVDNY Givaudan SA ADR (GVDNY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…

Definition: 10th Inning in The Playbook. Who qualifies for each window is derived from official term dates — see Methodology. All plays: the index.