INDV Indivior Pharmaceuticals, Inc.
Price Chart
Executive Summary
Two senior insiders at Indivior (CFO and CSO) sold a combined $2.06M in open-market sales over a 4-day window. While the dollar amount is modest relative to the $4.8B market cap (~0.04%), the involvement of both the CFO and CSO in a tight cluster warrants attention, though insider sales are generally less predictive than buys per academic literature.
Key Financial Metrics
Actionable Insight
The cluster is small relative to market cap and insider sales are typically liquidity-driven. Monitor for any upcoming earnings or regulatory catalysts that could explain the timing, but no immediate action warranted given the sub-0.1% proportionality.
Key Facts
- CFO Ryan Preblick sold 36,000 shares for $1.36M on 2026-06-08 at $37.70
- CSO Christian Heidbreder sold 18,586 shares for $707K on 2026-06-11 at $38.06
- Total insider sales of $2.06M represent ~0.04% of INDV's $4.8B market cap
- No insider purchases were reported in the cluster window
Financial Impact
Total insider sales of $2.06M, representing ~0.04% of market cap — well below the 0.1% materiality threshold
Risk Factors
- Insider sales may signal reduced conviction ahead of a catalyst, though the dollar amount is trivial relative to market cap
- No insider buying to offset the selling pattern
Market Snapshot
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-INDV-1781295165685 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 12, 2026
2d ago
|
Insider Cluster
| $38.47 awaiting T+5 | awaiting T+5 | — | $38.48 (+0.03%) |
|
May 15, 2026
4w ago
|
8-K
| $36.54 $37.81 | ▲ +3.48% | ▲ +1.86% | $38.48 (+5.31%) |
|
May 4, 2026
5w ago
|
8-K
| $38.98 $38.84 | ▼ −0.36% | ▼ −3.30% | $38.48 (−1.28%) |
|
Apr 30, 2026
6w ago
|
8-K
| $36.78 $40.61 | ▲ +10.41% | ▲ +8.69% | $38.48 (+4.62%) |
|
Apr 24, 2026
7w ago
|
Press Release
| $33.23 $36.78 | ▲ +10.68% | ▲ +9.77% | $38.48 (+15.80%) |
|
Apr 9, 2026
9w ago
|
Press Release
| $32.31 $31.51 | ▼ −2.48% | ▼ −5.66% | $38.48 (+19.10%) |
|
Mar 13, 2026
13w ago
|
8-K
| $31.11 $29.30 | ▼ −5.82% | ▼ −3.70% | $38.48 (+23.69%) |
|
Mar 13, 2026
13w ago
|
Press Release
| $31.11 $29.30 | ▼ −5.82% | ▼ −3.70% | $38.48 (+23.69%) |
|
Mar 12, 2026
13w ago
|
8-K
| $30.86 $30.50 | ▼ −1.17% | ▼ −0.19% | $38.48 (+24.69%) |
|
Mar 6, 2026
14w ago
|
Insider Cluster
| $32.27 $31.11 | ▼ −3.59% | ▼ −2.07% | $38.48 (+19.24%) |
US Market Status
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