The structural act is separated in time from the visible one

Dines converted on 8 September and sold on 15–16 October: five weeks, two form types, one economic event. Graham’s tranche sizes were fixed on or before 13 October and only became legible in the 19 October exit filing, after the price had already fallen 53%.

In both cases the coverage attached itself to the later, louder document — the one with the dollar figure in it. The earlier, quieter document is where the irreversible thing happened. That gap is not an accident of reporting; it is a property of the filing regime, which obliges prompt disclosure of sales and much weaker disclosure of restructurings.