The 10b5-1 plan date (Nov 2025) predates this filing, so the sale is pre-planned and not reactive to recent events. However, the cumulative insider selling pattern (3 filings in 30 days) warrants monitoring for any deterioration in fundamentals. Watch for the next quarterly filing for any guidance changes.
Price Chart
Executive Summary
Director Steven DenBaars filed a Form 144 to sell 25,000 shares of Aeluma, Inc. (ALMU) valued at approximately $347,000. The sale is planned under a Rule 10b5-1 trading plan dated November 20, 2025, which provides an affirmative defense against insider trading allegations. While the dollar amount is modest relative to the company's $260M market cap, the filing adds to recent insider selling activity and may signal a lack of conviction from a board member.
Key Facts
- Director Steven DenBaars filed a Form 144 to sell 25,000 shares of ALMU.
- The proposed sale has an approximate market value of $347,000.
- The sale is being conducted under a Rule 10b5-1 trading plan dated November 20, 2025.
- The filing adds to recent insider selling activity (2 sells totaling $335K in the past 30 days).
- The company has a market cap of $260M and is in the semiconductor sector.
Financial Impact
Proposed sale of 25,000 shares valued at ~$347,000, representing ~0.13% of market cap.
Risk Factors
- Insider selling may signal lack of confidence in near-term prospects.
- The semiconductor sector is cyclical and subject to demand fluctuations.
- The company's small market cap ($260M) makes it more volatile to insider transactions.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 3 SEC documents filed with EDGAR.
| Document | Accession Number |
|---|---|
| 144 Filing (Primary) | 0001628280-26-059045 |
| Document: 0001628280-26-059045-index.html | 0001628280-26-059045 |
| Document: 0001628280-26-059045.txt | 0001628280-26-059045 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Oct 22, 2026 4d ago | 8-K | $7.17 | awaiting T+20 | — | $7.18 (+0.14%) |
Sep 30, 2026 26d ago | DEF 14A | $12.58 | awaiting T+20 | — | $7.18 (−42.93%) |
Sep 16, 2026 5w ago | 8-K | $11.55 $8.85 | ▲ +23.34% | ▲ +24.55% | $7.18 (+37.81%) |
Sep 16, 2026 5w ago | Press Release | $11.55 $8.85 | ▲ +23.34% | ▲ +24.55% | $7.18 (+37.81%) |
Aug 26, 2026 8w ago | 144 | $13.82 $13.61 | ▼ −1.52% | ▼ −2.72% | $7.18 (−48.05%) |
May 19, 2026 22w ago | 144 | $21.94 $24.86 | ▼ −13.33% | ▼ −12.35% | $7.18 (+67.27%) |
May 19, 2026 23w ago | 8-K | $21.94 $24.86 | ▲ +13.33% | ▲ +12.35% | $7.18 (−67.27%) |
May 13, 2026 23w ago | 8-K | $26.65 $25.20 | ▲ +5.44% | ▲ +4.58% | $7.18 (+73.06%) |
May 13, 2026 23w ago | Press Release | $26.65 $25.20 | ▲ +5.44% | ▲ +4.58% | $7.18 (+73.06%) |
Mar 10, 2026 33w ago | Press Release | $15.82 $11.49 | ▼ −27.37% | ▼ −27.22% | $7.18 (−54.62%) |
US Market Status
Subscribe to SecBot
Get Real-Time SEC Filing Intelligence
Comprehensive SEC filing analysis delivered the moment filings hit EDGAR. Sentiment scoring, impact analysis, and actionable insights for every material event.
Create a free account Live analysis, Telegram alerts, watchlists and the MCP server for subscribers