INDI indie Semiconductor, Inc.
Price Chart
Executive Summary
Four C-suite insiders at indie Semiconductor (CEO, CFO, COO, President) sold a total of ~$274K in open-market sales over a 7-day window, with the COO alone accounting for $190K. The cluster is modest in size relative to the $1.1B market cap (0.025%), and the sales coincide with derivative exercises and grants on June 1-2, suggesting liquidity-driven selling rather than a coordinated bearish signal. The historical win rate on INDI reports is strong (78% at T+20), but the proportionality check and the presence of non-cash equity events downweight the informational content of these sales.
Key Financial Metrics
Actionable Insight
The cluster is routine in dollar terms and coincides with equity vesting/exercise events, reducing its predictive value. Monitor next earnings (likely August 2026) for any guidance revision, but no immediate trading signal from this insider activity alone.
Key Facts
- Total open-market sales: ~$274K across 4 insiders (CEO, CFO, COO, President)
- COO Michael Wittmann sold 39,645 shares for $190K on June 4 — the largest single sale
- CEO Donald McClymont sold 9,425 shares for $48K on June 2
- CFO Naixi Wu sold 6,246 shares for $32K on June 2
- President Ichiro Aoki sold 562 shares for $3K on June 2, but also exercised 600,000 derivative shares at $0 (non-cash) on the same day
- Multiple directors and the CEO also exercised/granted non-cash derivative shares on June 1 (total 0 cash value)
- Total sales represent ~0.025% of INDI's $1.1B market cap — well below the 0.1% materiality threshold
- Prior 30-day insider activity: 5 sells totaling $339K, consistent with ongoing liquidity patterns
Financial Impact
Total open-market sales of $274K, or ~0.025% of market cap — immaterial relative to company size
Risk Factors
- Insider sales could accelerate if the stock rallies further, but current pace is not alarming
- The COO's larger sale on June 4 at $4.80 (below the June 2 cluster price of $5.12) may indicate a desire to lock in gains, but the absolute amount is small
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-INDI-1780696271239 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 5, 2026
9d ago
|
Insider Cluster
| $4.67 awaiting T+1 | awaiting T+1 | — | $4.10 (−12.11%) |
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Jun 3, 2026
11d ago
|
Insider Cluster
| $4.80 $4.05 | ▼ −15.63% | ▼ −13.03% | $4.10 (−14.58%) |
|
Apr 17, 2026
8w ago
|
DEFA14A
| $3.39 $3.38 | ▼ −0.29% | ▲ +0.36% | $4.10 (+20.94%) |
|
Apr 6, 2026
10w ago
|
Insider Cluster
| $2.94 $2.89 | ▲ +1.70% | ▲ +1.76% | $4.10 (−39.46%) |
|
Apr 6, 2026
10w ago
|
Insider Cluster
| $2.94 $2.89 | ▼ −1.70% | ▼ −1.76% | $4.10 (+39.46%) |
|
Mar 13, 2026
13w ago
|
Insider Cluster
| $2.48 $2.58 | ▲ +4.03% | ▲ +3.01% | $4.10 (+65.32%) |
|
Mar 9, 2026
14w ago
|
Insider Cluster
| $2.59 $2.61 | ▲ +0.77% | ▲ +0.96% | $4.10 (+58.30%) |
|
Mar 2, 2026
15w ago
|
Insider Cluster
| $3.40 $3.16 | ▼ −7.06% | ▼ −6.14% | $4.10 (+20.59%) |
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Mar 2, 2026
15w ago
|
Insider Cluster
| $3.40 $3.16 | ▲ +7.06% | ▲ +6.14% | $4.10 (−20.59%) |
|
Mar 2, 2026
15w ago
|
Insider Cluster
| $3.40 $3.16 | ▼ −7.06% | ▼ −6.14% | $4.10 (+20.59%) |
US Market Status
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