1
Start with one company question
Each result starts with one narrow question that company filings can answer.
HOW IT WORKS
How annual diluted share trends become published results
WeightedShares currently publishes one narrow result: how annual diluted weighted-average shares changed across comparable fiscal periods. Before publication, the filing, period basis, calculation, source details, and limitations are checked by a person.
2
Identify the share-count measure
The measure, unit, period basis, limitations, and unsupported conclusions are defined before any calculation begins.
3
Find the filing data
Each measure must connect to an SEC filing fact, filing table, cover-page figure, or clearly identified filing section.
4
Match the period and source details Key step
Every value stays connected to its company, filing, reporting period, unit, and source location before explanatory text is written.
5
Build the chart and table
The chart, table, title, and short explanation use only the selected filing data and stated calculation rules.
6
Check the result Key step Checked by a person
A reviewer checks the displayed values, source details, period alignment, wording, and limitations before the result can be shown.
7
Publish and keep checking
The published result includes its source, last-checked date, calculation method, limitations, and a visible non-investment-advice boundary.
The question and measures used
Question
How did diluted weighted-average shares change across checked fiscal periods, with SEC-reported repurchase cash and stock-based compensation expense shown separately as context?
Metrics
- Diluted weighted-average shares, the published result
- Share repurchase cash outlay, shown as context
- Stock-based compensation expense, shown as context
Boundaries
- Repurchase cash outlay is not the same as shares retired.
- Stock-based compensation expense is not the same as shares issued.
- Diluted weighted-average shares are an EPS denominator, not period-end shares outstanding.
- Parallel observations may be placed side by side, but this does not establish what caused a share-count change.
- These metrics are not directly netted into a single buyback effectiveness number.
What stays with each number?
A displayed value is never treated as an isolated number. The exact fields vary by measure, but its filing, period, unit, check status, and limitations must remain available.
Company name and CIKFiling typeAccession numberFiled datePeriod endSource document or filing sectionXBRL tag or extraction sourceMetric nameUnitValuePeriod contextLast-checked statusCheck statusWhat the result does not show
Human review checklist
Check
Displayed value matches the filing source.
Check
Filing date, period, unit, and form type are correct.
Check
XBRL tag or extraction source matches the selected measure.
Check
Quarterly, annual, and year-to-date periods are not mixed.
Check
Amended or restated filings are handled consistently.
Check
Chart title does not overstate the filing data.
Check
Short answer stays inside the stated limitations.
Check
Public page does not imply a rating, signal, valuation, or recommendation.
What this data can show
- A reported filing value exists.
- A metric changed across displayed periods.
- A value comes from a specific filing, period, unit, and source tag or fallback source.
- A cross-company view is eligible only when the comparison conditions below all pass.
What this data cannot prove
- Stock ratings or buy, sell, or hold conclusions.
- Management quality scores.
- Valuation claims or fair-value estimates.
- Future return predictions.
- Claims that unrelated metrics can be summed, netted, or treated as one measure.
Period alignment
A chart cannot be published if its period basis is ambiguous.
- Filing date is not the same as fiscal period.
- Period-end values are not duration values.
- Quarterly values are not year-to-date values.
- Latest filed value is not always the latest fiscal-period value.
Freshness and corrections
New qualifying filings flag affected company results for another check. Routine status checks and meaningful filing changes appear in Update history. When an amended filing or restatement changes a displayed value, the page says which filing and period it uses.
Cross-company comparison conditions
No public comparison is shown yet. If one is added, these conditions apply.
- Use the same share-count measure and definition for every company.
- Preserve the fiscal period basis and comparison cutoff; different issuer year ends remain visible.
- Use one value basis. Split-adjusted and SEC-reported values are not mixed.
- Missing observations remain missing and are never treated as zero.
- Filing details and check status are required for every included observation.
- Document split and corporate-action normalization; otherwise hold the comparison.
- A qualifying comparison is an observational view, not a ranking or a causal conclusion.
The role of AI
AI may
- Draft plain-language explanations after filing data is selected.
- Help phrase caveats and summaries.
- Turn checked filing data into clearer copy.
AI may not
- Create, alter, infer, reconcile, or source a number.
- Choose source values or override the selected measure.
- Expand claims beyond the checked filing data.
Display rounding is handled by deterministic formatting rules, and the underlying value remains available in the data table. Any statement that cannot be connected to the checked filing data is rejected before publication.
Questions this methodology answers
How do you choose the share-count measure?
The selected measure defines what is being counted, the unit, reporting period, source, calculation basis, limitations, and conclusions the result cannot support.
What source details stay with a number?
Each number keeps its company, filing, reporting period, unit, source location, last-checked status, and limitations together.
Can AI create or change numbers?
No. AI may help draft plain-language explanations after the filing data is selected, but it cannot create, alter, reconcile, or source numerical values.
How are amended filings handled?
When an amended filing or restatement changes a displayed value, the affected chart is flagged for review before public display changes.
How do you handle new filings?
New qualifying filings flag an affected company result for another check. The published page keeps its last-checked date and update history visible.