REF — 5 insiders, all selling

Form 4 lag: insiders have 2 business days to file after a trade (weekends and holidays extend this), and this site re-ingests once daily — a transaction can appear here roughly three business days after it happened.
13F lag: quarterly 13F-HR holdings cover the prior quarter-end and are due 45 days after it — every institutional position shown here is at least 45 days old by construction, often more.
CUSIP→ticker gaps: 13F positions are reported by CUSIP; some holdings cannot be matched to a current ticker (delistings, corporate actions, thin metadata) and appear without one or are omitted from ticker-level views.
EDGAR timing variability: institutions file at different hours and days within their windows; amended filings (4/A, 13F-HR/A) can restate earlier periods, so historical aggregates may change between batches.

Reformation Inc. · Consumer Discretionary · ISO week 2026-W36 (2026-09-01 → 2026-09-01)

ELEVATED − all sells · clu-282a96e27d0f · detected 2026-09-04

5Distinct insiders

2Transactions

−$2.9MTotal reported value

2Source filings

Members

Insider	Role	Txns	Reported value
Permira VI L.P.1	10% Owner	1	$2.1M
Refo SCSp	10% Owner	1	$2.1M
P6 GP Sarl	10% Owner	1	$2.1M
Permira VI G.P. Ltd	10% Owner	1	$2.1M
Aflalo Yael	Director	1	$841k

− Permira VI L.P.1 10% Owner S 149,596 sh @ $13.95 = $2.1M 0001104659-26-105114
− Refo SCSp 10% Owner S 149,596 sh @ $13.95 = $2.1M 0001104659-26-105114
− P6 GP Sarl 10% Owner S 149,596 sh @ $13.95 = $2.1M 0001104659-26-105114
− Permira VI G.P. Ltd 10% Owner S 149,596 sh @ $13.95 = $2.1M 0001104659-26-105114
− Aflalo Yael Director S 60,298 sh @ $13.95 = $841k 0001104659-26-105131