The $4.8M in sales is modest relative to ARX's $3.2B market cap and follows a pattern of ongoing insider selling. Absent a specific corporate catalyst, this cluster alone does not warrant a bearish read. Monitor for any upcoming earnings or M&A announcements that could explain the timing.
Price Chart
Executive Summary
Co-Founder/CEO Radke, Co-Founder/Chief UW Officer O'Neill, and COO Sternberg sold a combined ~$4.8M in shares over a four-day window ending July 27, 2026. The total represents 0.15% of market cap and extends a broader pattern of insider divestment at ARX over the past 30 days.
Key Financial Metrics
Key Facts
- CEO Jeffrey L. Radke sold 95,223 shares for ~$1.39M on July 27, 2026.
- Co-Founder/Chief UW Officer Francis J. O'Neill sold 215,114 shares for ~$3.14M across July 26-27, 2026.
- COO Matthew D. Sternberg sold 17,568 shares for ~$257K on July 27, 2026, plus 3,910 shares surrendered for tax withholding on July 23.
- Total insider sales in the cluster: ~$4.79M (3.04M excluding tax withholding).
- Over the prior 30 days, ARX insiders sold $8.2M across 9 transactions, indicating a routine pattern of diversification or tax-related selling.
Financial Impact
Not specified
Risk Factors
- Continued insider selling could signal a lack of confidence or upcoming headwinds, though the absolute dollar amounts are not alarming.
- If selling accelerates or broadens to a larger proportion of insider holdings, it may warrant a more cautious stance.
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-ARX-1785366069281 |
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 14, 2026 7w ago | DEFA14A / 8-K | $19.58 $19.83 | ▲ +1.28% | ▲ +3.27% | $19.73 (+0.77%) |
Aug 14, 2026 7w ago | Insider Cluster | $19.58 $19.83 | ▼ −1.28% | ▼ −3.27% | $19.73 (−0.77%) |
Aug 13, 2026 7w ago | DEFA14A | $19.51 $19.84 | ▲ +1.69% | ▲ +3.44% | $19.73 (+1.13%) |
Aug 13, 2026 7w ago | 8-K | $19.51 $19.84 | ▲ +1.69% | ▲ +3.44% | $19.73 (+1.13%) |
Aug 12, 2026 7w ago | Insider Cluster | $13.61 $19.84 | ▲ +45.78% | ▲ +47.67% | $19.73 (+44.97%) |
Aug 5, 2026 8w ago | Insider Cluster | $12.26 $19.70 | ▼ −60.69% | ▼ −61.29% | $19.73 (−60.93%) |
Jul 29, 2026 9w ago | Insider Cluster | $11.20 $19.69 | ▲ +75.80% | ▲ +71.84% | $19.73 (+76.16%) |
Jul 29, 2026 9w ago | Insider Cluster | $12.40 $19.67 | ▲ +58.63% | ▲ +53.61% | $19.73 (+59.11%) |
Jul 28, 2026 9w ago | Insider Cluster | $14.72 $19.67 | ▼ −33.63% | ▼ −30.25% | $19.73 (−34.04%) |
Jul 24, 2026 10w ago | 144 | $14.23 $19.59 | ▼ −37.67% | ▼ −34.04% | $19.73 (−38.65%) |
US Market Status
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