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 MSADY MS&AD Insurance Group Holdings ADR (MSADY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK MURGY Munich Re Group ADR (MURGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK MRAAY Murata MFG Co Ltd ADR (MRAAY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NABZY National Australia Bank Ltd Sponsored ADR (NABZY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NWG NatWest Group plc (NWG) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NBIS Nebius Group N.V. - Class A Ordinary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NSRGY Nestle SA Sponsored ADR (NSRGY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NEXOY Nexon Company Ltd Unsponsored ADR (NEXOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NICE NICE Ltd - (NICE) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NTDOY Nintendo Ltd ADR Japan (NTDOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Nippon Steel Corporation Unsponsored ADR (NPSCY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Nippon Yusen Kabushiki Sponsored ADR (NPNYY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NNGRY NN Group NV Unsponsored ADR (NNGRY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NOK Nokia Corporation Sponsored American Depositary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NMR Nomura Holdings Inc ADR American Depositary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NRILY Nomura Research Institute Ltd ADR (NRILY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NRDBY Nordea BK ABP Sponsored ADR (NRDBY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Norsk Hydro A.S. New Norway Sponsored ADR (NHYDY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NVS Novartis AG Common Stock buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NVO Novo Nordisk A/S Common Stock buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NVZMY Novonesis B ADR (NVZMY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NTTYY NTT Inc Sponsored ADR (NTTYY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK NVDA NVIDIA Corporation - Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK ORLY O'Reilly Automotive, Inc. - Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Obic Co Ltd ADR (OBICY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Orange Sponsored ADR (ORANY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK OLCLY Oriental Land Co Ltd Unsponsored ADR (OLCLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK IX ORIX Corporation American Depositary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Orkla ASA Sponsored ADR (ORKLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK OTSKY Otsuka Holdings Co Ltd Unsponsored ADR (OTSKY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK OVCHY Overseas-Chinese Bank ADR (OVCHY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Panasonic Corporation ADR (PCRHY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Pandora A/S ADR (PNDRY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK PSO Pearson, Plc Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK PRNDY Pernod Ricard SA Sponsored ADR (PRNDY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK PROSY Prosus NV Sponsored ADR (PROSY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK PUK Prudential plc ADR United Kingdom (PUK) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK PRYMY Prysmian SPA ADR (PRYMY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK PUBGY Publicis Groupe S.A. New Sponsored ADR (PUBGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK QABSY Qantas Airways Ltd Sponsored ADR (QABSY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK QBIEY QBE Insurance Group Ltd Sponsored ADR (QBIEY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK DGX Quest Diagnostics Incorporated Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RBGLY Reckitt Benckiser Group plc Sponsored ADR (RBGLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RELX RELX plc (RELX) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RNLSY Renault SA Unsponsored ADR (RNLSY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Renesas Electronic Corp ADR (RNECY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RTO Rentokil Initial plc (RTO) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Resona Holdings Inc ADR (RSHGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RNMBY Rheinmetall AG ADR (RNMBY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RIO Rio Tinto Plc Common Stock buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RHHBY Roche Holdings Ltd Sponsored ADR (RHHBY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RYCEY Rolls Royce Holdings plc Sponsored ADR (RYCEY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK KKPNY Royal KPN N.V. Sponsored ADR (KKPNY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK RYAAY Ryanair Holdings plc (RYAAY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Saab AB ADR (SAABY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SAFRY Safran SA ADR (SAFRY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Sage Group plc Unsponsored ADR (SGPYY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SAXPY Sampo OYJ ADR (SAXPY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SDZNY Sandoz Group AG Sponsored ADR (SDZNY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SDVKY Sandvik AB Sponsored ADR (SDVKY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SNY Sanofi - American Depositary Shares buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SAP SAP SE ADS buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SBGSY Schneider Electric SE Unsponsored ADR (SBGSY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SCHW Charles Schwab Corporation (The) Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SE Sea Limited (SE) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Secom Ltd ADR Japan (SOMLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SKHSY Sekisui House Ltd Sponsored ADR (SKHSY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SVNDY Seven & I Holdings Co Ltd ADR (SVNDY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SGSOY SGS SA ADR Unsponsored (SGSOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SMNNY Shimano Inc Unsponsored ADR (SMNNY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SHECY Shin Etsu Chemical Co Ltd ADR (SHECY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SGIOY Shionogi & Co Ltd ADR (SGIOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SSDOY Shiseido Co Ltd Sponsored ADR Japan (SSDOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SIEGY Siemens AG Sponsored ADR (SIEGY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Siemens Energy AG Sponsored ADR (SMERY) buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SINGY Singapore Airlines Ltd ADR (SINGY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SPXCY Singapore Exchange Ltd ADR (SPXCY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SGAPY Singapore Telecom Ltd New Sponsored ADR (SGAPY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SKBSY Skanska AB Sponsored ADR (SKBSY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SMCAY SMC Corp Sponsored ADR (SMCAY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SNN Smith & Nephew SNATS, Inc. Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SMGZY Smiths Group plc Sponsored ADR (SMGZY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SCGLY Societe Generale France Sponsored ADR (SCGLY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SDXAY Sodexo ADR (SDXAY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SOBKY Softbank Corp Unsponsored ADR (SOBKY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SFTBY Softbank Group Corp ADR (SFTBY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SMPNY Sompo Holdings Inc Unsponsored ADR (SMPNY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SKHHY Sonic Healthcare Ltd Sponsored ADR (SKHHY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SONVY Sonova Holding AG ADR (SONVY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SFGYY Sony Financial Group Inc Sponsored ADR (SFGYY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SONY Sony Group Corporation American Depositary Shares buy $15,001 – $50,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SOUHY South32 Ltd Sponsored ADR (SOUHY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SPOT Spotify Technology S.A. Ordinary Shares buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Standard Chartered plc ADR (SCBFY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK STLA Stellantis 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 STM STMicroelectronics N.V. Common Stock buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Stora Enso Oyj ADR (SEOAY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK FUJHY Subaru Corporation Unsponsored ADR (FUJHY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK SMTOY Sumitomo Electric Industries Ltd ADR Japan (SMTOY) buy $1,001 – $15,000 self Funding lapse — Feb–Apr 2026 (limited to th…
2026-03-30 Alan Armstrong R-OK Sumitomo Metal Mining Co Ltd Unsponsored ADR (SMMYY) 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.