How public disclosures become research-ready data.

Insider disclosures identify who acted, the issuer involved, the reported role, the instrument and values, when the transaction happened, and how the competent authority published the record. OpenInsider treats them as evidence objects rather than editorial stories.

The public research layer and customer API use the same canonical issuer, insider, filing, and transaction resources. A filing remains the bridge between normalized fields, immutable version history, and the authority-hosted source document.

Article 19 of the Market Abuse Regulation establishes the European disclosure baseline for persons discharging managerial responsibilities and people or legal entities closely associated with them. National authorities remain responsible for their interfaces, source records, and any permitted threshold adjustment.

The Article 19 baseline applies once the calendar-year total reaches EUR 20,000. A national competent authority may instead set EUR 10,000 or EUR 50,000. People subject to the rule generally notify the issuer and authority no later than three business days after the transaction; the issuer makes the information public within two business days of receiving it.

Read the current Market Abuse Regulation and its implementing disclosure template.

The EU template can show individual transactions and an aggregate for transactions of the same nature, instrument, day, and venue. Purchases and sales are never aggregated or netted together.

Names, identifiers, roles, transaction labels, currencies, instruments, venues, and dates vary across authorities and filings. The canonical model makes comparable fields queryable while retaining the original evidence needed to verify them.

OpenInsider preserves the source currency on each transaction. Public monetary aggregates currently include only values validated as exact EUR; no currency conversion or FX rate is exposed.

A disclosed transaction is a fact. Its motivation, materiality, and future market outcome are not. Amount, direction, recency, repetition, and price context can be described, but a filing alone cannot establish intent.

Missing, blank, excluded, or non-finite evidence is shown as unavailable rather than converted into a factual zero. Source-native labels and unknown values remain visible when normalization cannot safely resolve them.

Charts and rankings are research aids. They should expose exact supporting values, sample size, snapshot or source freshness, unavailable states, and links to the filings and transactions that produced them.

Spain's CNMV and France's AMF are live disclosure authorities. France's public product history starts on 1 January 2023 and includes validated records only; classified exclusions remain unavailable.

Disclosure, listing, and price coverage are independent. AMF evidence does not by itself make Euronext Paris listings or French price series live. Italy and Germany remain planned, and registry entries never imply unavailable filing data.