RMBS RAMBUS INC
Price Chart
Executive Summary
Three Rambus insiders sold a total of $6.67M in open-market sales over a 7-day window, led by the EVP/COO ($5.74M) and a director ($788K). The total represents ~0.04% of the $17B market cap, well below the 0.1% materiality threshold, making this a routine liquidity-driven cluster. No insider buying was present.
Key Financial Metrics
Actionable Insight
This cluster is too small relative to market cap to warrant a bearish read. Monitor for any upcoming earnings or material agreement filings that could provide context for the COO's larger sale, but treat this as routine portfolio diversification.
Key Facts
- EVP/COO Sean Fan sold 37,814 shares for $5.74M on May 26 at $151.69
- Director Emiko Higashi sold 5,000 shares for $788K on May 26 at $157.57
- SVP/GC John Shinn sold 1,000 shares for $144K on May 22 at $143.63
- Total cluster value of $6.67M equals ~0.04% of Rambus's $17B market cap
- All three trades were open-market sales (code S); no insider purchases in the cluster
- No 10b5-1 plan disclosure or vesting pattern noted in the filing
Financial Impact
$6.67M in total insider sales, representing 0.04% of market cap
Risk Factors
- Insider sales at current elevated stock price ($157) could signal perceived overvaluation, though dollar amount is immaterial
- 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-RMBS-1779921814919 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
|
Jun 3, 2026
3d ago
|
Insider Cluster
| $169.35 $145.31 | ▼ −14.20% | ▼ −11.62% | $145.31 (−14.20%) |
|
Jun 2, 2026
4d ago
|
Insider Cluster
| $170.66 $169.35 | ▼ −0.77% | ▼ −1.17% | $145.31 (−14.85%) |
|
May 27, 2026
10d ago
|
Insider Cluster
| $148.02 $145.46 | ▼ −1.73% | ▼ −1.97% | $145.31 (−1.83%) |
|
May 26, 2026
11d ago
|
Insider Cluster
| — | awaiting T+1 | — | — |
|
May 7, 2026
4w ago
|
Insider Cluster
| $126.60 $129.25 | ▲ +2.09% | ▲ +1.26% | $145.31 (+14.78%) |
|
Apr 29, 2026
5w ago
|
8-K
| $115.11 $115.11 | · 0.00% | ▼ −0.22% | $145.31 (+26.24%) |
|
Apr 27, 2026
5w ago
|
8-K
| $111.27 $110.48 | ▼ −0.71% | ▼ −0.70% | $145.31 (+30.59%) |
|
Apr 24, 2026
6w ago
|
8-K
| $141.31 $111.27 | ▼ −21.26% | ▼ −20.77% | $145.31 (+2.83%) |
|
Mar 6, 2026
13w ago
|
DEFA14A
| $88.52 $89.61 | ▲ +1.23% | ▲ +1.41% | $145.31 (+64.15%) |
|
Mar 2, 2026
13w ago
|
Insider Cluster
| $98.88 $87.59 | ▼ −11.42% | ▼ −10.50% | $145.31 (+46.96%) |
US Market Status
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