S4E7 · Tailgate Party

One day before the presidential election, Shiv and Tom prepare to host the Roys' traditional pre-election party for business and political insiders at their apartment; Matsson declines the invitation. Kendall learns from Rava that their daughter Sophie felt threatened by an encounter with an ATN viewer. The siblings meet for lunch to plan Logan's funeral; there, none of them volunteer to give a speech at the funeral. However, Kendall and Roman get Shiv's permission to invite Nate to the party, hoping to use his bipartisan connections with lawmakers to amass a regulatory push against GoJo's acquisition of Waystar. After her brothers leave, Shiv calls Matsson and demands his presence at the party to prevent her brothers from sabotaging the deal.

Tom has Greg lay off hundreds of ATN employees before arriving at the party. Roman learns Connor's polling numbers are redirecting support from Mencken, and attempts to convince Connor to drop out of the race, offering him an ambassadorship under Mencken's administration, but Connor refuses. Kendall makes a toast in Logan's honor; Matsson appears in the middle of a moment of silence, having brought Oskar and Ebba with him. Shiv takes Matsson to network with the guests in order to secure support for the acquisition; he implies to Nate that Tom will be fired from his leadership of ATN once the deal goes through. Shiv does not dissuade this news, which begins spreading around the party.

Kendall attempts to enlist Nate's help in building a regulatory case against GoJo, offering that ATN sympathetically covers Nate's candidate Daniel Jiménez in his first 100 days in exchange. Nate, however, is uncomfortable accepting a bribe and leaves the party. Roman, meanwhile, learns of Matsson's harassment case involving Ebba, which he and Kendall see as further ammunition against Matsson. Shiv asks for Matsson's assurance that she will retain a major role at the company under his leadership, to which he remains noncommittal.

After a dispute at the party between Matsson and Ebba, Kendall and Roman learn from Ebba that her relationship with Matsson is in fact the least of his scandals: she reveals that he outsourced most of GoJo's code despite claiming to have written it himself - his public persona largely PR-constructed - and that he has grossly inflated the company's subscriber count in India. Matsson admits the latter to Shiv but believes the scandal will perish amidst the high-profile acquisition. Kendall, now emboldened by this news, verbally spars with Matsson in front of onlookers, leading the GoJo team to leave the party with Greg, whom they have taken a liking to.

Roman finds Gerri and apologizes for firing her, passing it off as an overreaction, but she refuses to return to Waystar, having already negotiated a hefty severance agreement that includes no negative publicity around her exit. She threatens to sue Roman and publicize the explicit photos he sent to her if her demands are not met.

Tom takes Shiv to talk privately on their balcony, where he chastises her for allowing rumors of his firing to spread throughout the party. Shiv insists it was merely a move to appease shareholders ahead of the acquisition, but confides her fear that Matsson's many scandals jeopardize her family's future. Tom claims Shiv will survive because of her opportunism, prompting a vicious argument between the two about their marriage. Shiv accuses Tom of only marrying her for power and status and blames his betrayal in Italy for the time she did not get to spend with Logan in the final months of his life.

Tom insists he genuinely loves Shiv, but rebukes her for her infidelity, her refusal to have his child, and for standing idle during his near-imprisonment; he tells her she is "incapable of love" and unfit to be a mother. Shiv leaves without telling Tom about her pregnancy.

Kendall, meanwhile, privately suggests to Frank that Waystar buy GoJo with him as the sole CEO. Roman offers to his siblings to deliver the eulogy at Logan's funeral. Shiv and Tom spend the night in separate beds, neither of them able to sleep.