The insider cluster is dominated by routine tax-withholding and option exercises, with open-market sales representing a negligible fraction of market cap. No material signal for traders — monitor next quarterly earnings for fundamental trends rather than insider activity.
Price Chart
Executive Summary
Chemed Corp CEO Kevin McNamara sold $1.08M in open-market shares and surrendered $10.48M in shares for tax withholding after exercising options, while director Patrick Grace sold $101K. The CEO's open-market sale is notable but represents only ~0.015% of the $7.2B market cap, falling well below the 0.1% materiality threshold. The cluster is dominated by non-cash tax withholding and derivative exercises, with the open-market component being trivial relative to company size. Historical calibration shows this filing type has a 71% win rate at T+20, but the insider cluster amplifiers in the cross-filing context do not apply here given the trivial dollar amounts.
Key Financial Metrics
Key Facts
- CEO Kevin McNamara sold 2,000 shares open-market for $1.08M on Aug 3
- CEO surrendered 19,802 shares for tax withholding worth $10.48M on Jul 31
- CEO exercised derivatives for $891K on both Jul 31 and Aug 3
- Director Patrick Grace sold 190 shares open-market for $101K on Jul 31
- Total open-market sales of $1.18M represent ~0.016% of $7.2B market cap
- Non-cash tax withholding and derivative exercises account for $12.26M of the $13.44M total transaction value
Financial Impact
Open-market sales of $1.18M are trivial relative to $7.2B market cap (0.016%)
Risk Factors
- CEO open-market sale could be misinterpreted as bearish signal by retail traders
- No material risk to company fundamentals from this insider activity
Market Snapshot
Investment Themes
Documents Analyzed
This report is based on 1 SEC document filed with EDGAR.
| Document | Accession Number |
|---|---|
| CLUSTER Data (Synthetic) | cluster-CHE-1785900626094 |
Track record builds as more directional reports settle.
Filters
| Type | Now | ||||
|---|---|---|---|---|---|
Aug 24, 2026 5w ago | Insider Cluster | $541.34 $496.62 | ▼ −8.26% | ▼ −9.57% | $502.56 (−7.16%) |
Aug 4, 2026 8w ago | Insider Cluster | $539.72 $515.17 | ▼ −4.55% | ▼ −3.31% | $502.56 (−6.89%) |
Aug 4, 2026 8w ago | Insider Cluster | $539.72 $515.17 | ▼ −4.55% | ▼ −3.31% | $502.56 (−6.89%) |
Jul 28, 2026 9w ago | Press Release | $539.36 $548.56 | ▲ +1.71% | ▼ −3.31% | $502.56 (−6.82%) |
May 18, 2026 19w ago | Press Release | $441.62 $433.87 | ▼ −1.75% | ▼ −3.34% | $502.56 (+13.80%) |
May 1, 2026 22w ago | Insider Cluster | $422.16 $422.84 | ▲ +0.16% | ▼ −5.12% | $502.56 (+19.04%) |
Apr 23, 2026 23w ago | 8-K | $421.11 $441.55 | ▲ +4.85% | ▲ +0.83% | $502.56 (+19.34%) |
Apr 23, 2026 23w ago | Press Release | $421.11 $441.55 | ▲ +4.85% | ▲ +0.83% | $502.56 (+19.34%) |
Apr 13, 2026 24w ago | 8-K | $387.62 $421.43 | ▲ +8.72% | ▲ +0.99% | $502.56 (+29.65%) |
Feb 25, 2026 31w ago | 8-K | $396.63 $371.95 | ▼ −6.22% | ▲ +0.18% | $502.56 (+26.71%) |
US Market Status
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