SUPN SUPERNUS PHARMACEUTICALS, INC.

NEUTRAL Impact: 4/10 Insider Cluster (2 insiders)
Horizon days Filed Mar 6, 2026 Processed 2mo ago
Insider cluster: 4 insiders, $1.1M total
Final — all horizons settled through T+60d
SUPN ▼ -16.91% at T+60d
NEUTRAL call ✗ call lost -16.91% · α vs SPY -29.69% · entry $53.87 → $44.76
Currently $44.41 · -17.56% from $53.87 entry
Entry anchored
Mar 5, 03:59 PM ET
via Databento tick
T+1d
+0.56%
call +0.56% · α -0.29%
$54.17
settled 3mo ago
T+5d
-7.35%
call -7.35% · α -5.82%
$49.91
settled 3mo ago
T+20d
-6.18%
call -6.18% · α -4.14%
$50.54
settled 2mo ago
T+60d
-16.91%
call -16.91% · α -29.69%
$44.76
settled 12d ago

Price Chart

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Executive Summary

Two insiders at Supernus Pharmaceuticals sold shares in the past week, including a director and an SVP, with total open-market sales amounting to approximately $515,870. The transactions represent a modest level of insider selling, with both executives liquidating portions of their holdings at market prices.

Key Financial Metrics

Direction
selling
Total Value
$515.9K
Insiders
2

Actionable Insight

The selling is routine in scale and not concentrated enough to signal distress; however, traders should monitor for additional selling in the next 30 days that could indicate broader concern.

Key Facts

  • Director Hudson Frederick M. sold 5,369 shares on 2026-03-12 at $50.61, totaling $271,725.
  • SVP Commercial Operations Horich William Todd sold 4,439 shares on 2026-03-10 at $55, totaling $244,145.
  • Total open-market sales in the cluster: $515,870 across two insiders.
  • Sales represent approximately 0.018% of Supernus's $2.9B market cap — well below the 0.1% threshold for materiality.

Financial Impact

$515,870 in total open-market sales over 7 days

insider ownershipmarket sentiment

Risk Factors

  • Perception risk if additional insiders sell in coming weeks.
  • Commercial or pipeline developments could be misinterpreted as catalysts for the timing of these trades.

Market Snapshot

Exchange
Nasdaq

Documents Analyzed

This report is based on 1 SEC document filed with EDGAR.

DocumentAccession Number
CONTEXT: Insider Cluster Data (2 trades, 7d window)cluster-SUPN-1773691685673
8 reports for SUPN
Performance horizon

Track record builds as more directional reports settle.

Filters
Rows
Reports for SUPN — sortable, filterable
Type Now
Jun 11, 2026
1d ago
Institutional Cluster
NEUTRAL ★ 3/10
$45.37 awaiting T+5awaiting T+5$44.41 (−2.12%)
May 20, 2026
23d ago
8-K
NEUTRAL ★ 3/10
$49.38 $46.85▼ −5.12%▼ −6.72%$44.41 (−10.06%)
Apr 22, 2026
7w ago
8-K
NEUTRAL ★ 2/10
$50.39 $48.55▼ −3.65%▼ −5.13%$44.41 (−11.87%)
Apr 22, 2026
7w ago
Press Release
NEUTRAL ★ 3/10
$50.39 $48.55▼ −3.65%▼ −5.13%$44.41 (−11.87%)
Apr 7, 2026
9w ago
8-K
BULLISH ★ 7/10
$51.61 $49.94▼ −3.24%▼ −6.75%$44.41 (−13.95%)
Mar 6, 2026
14w ago
Insider Cluster
NEUTRAL ★ 4/10
$53.87 $49.91▼ −7.35%▼ −5.82%$44.41 (−17.56%)
Mar 6, 2026
14w ago
Insider Cluster
NEUTRAL ★ 4/10
$53.87 $49.91▼ −7.35%▼ −5.82%$44.41 (−17.56%)
Feb 24, 2026
15w ago
8-K
BULLISH ★ 8/10
$56.32 $55.58▼ −1.31%▼ −0.21%$44.41 (−21.15%)
Showing 8 of 8

US Market Status

Market Closed — Opens Mon (48h 46m)

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